HomeEconomyInflation revised to 6.3% in February YoY

Inflation revised to 6.3% in February YoY

INSEE revised upwards the level of inflation in February, to 6.3% instead of 6.2%.

Inflation reached 6.3% annually in France in February, driven by rising food prices, which have become its main driver ahead of energy, according to a final estimate revised slightly upwards on Wednesday by the INSEE.

“This rise in inflation is due to the acceleration of food prices”, which shot up 14.8% in one year, as well as services and manufacturing, while energy prices slowed ( 14.1%), detailed the National Institute of Statistics, which had previously estimated inflation at 6.2% annually in February.

>> More information to come on BFM Business in a few moments. You can also watch BFM Business live on video and Follow us on Twitter.

Author: LP with AFP
Source: BFM TV

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