Soaring food and energy prices have dealt a blow to Eurozone’s second and fourth-largest economies Consumer prices in France and Spain resumed their upward trend in February, driven by higher food and energy costs, official statistics showed on Tuesday. In France, the consumer price index increased by 6.2%, up from 6.0% in January, according to preliminary data from the statistics bureau Insee. The report noted that food inflation edged higher to 14.5% from 13.3%, services prices were up to 2.9% from 2.6%, while prices of manufactured goods rose slightly to 4.6% from 4.5%, with the end of winter sales. Energy pric
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