PARIS (Reuters) – The consumer price index in France increased by 1.3% over one year in December, as in November, according to the first estimate from INSEE published on Tuesday.

Economists polled by Reuters expected inflation to be 1.4% over one year, after +1.3% in November.

“The slight rebound in energy prices would be offset by the slightly more pronounced drop than in November in the prices of manufactured products and by the slowdown in those of food which would stabilize,” explains INSEE in a press release. .

The prices of services and tobacco evolve over a year at the same rates as in November, specifies INSEE.

Over one month, consumer prices increased by 0.2% in December after -0.1% in November and while analysts were expecting an increase of 0.3%.

The consumer price index harmonized according to European HICP standards, which allows comparisons with other countries in the euro zone, was up 1.8% year-on-year at the end of December, slightly lower than expected. of 1.9%, after 1.7% in November.

Over one month, the HICP index increased by 0.2% after -0.1% in November and an increase of 0.3% expected by the consensus.

(Written by Bertrand De Meyer, edited by Blandine Hénault)

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