March 31, 2017 / 6:54 AM / 6 months ago

French inflation stable in March at 1.4 percent

A shopper buys vegetables on a market in Nice southern France, February 28. REUTERS/Eric Gaillard/File Photo

PARIS (Reuters) - French consumer prices rose 0.7 percent in March, giving a year-on-year inflation rate of 1.4 percent, preliminary EU-harmonised data released on Friday from the INSEE national statistics office showed.

The 12-month rate was in line with a Reuters poll of 18 economists’ average forecast and was unchanged from the rate recorded the previous month.

Separately, INSEE said that producer prices fell 0.2 percent in February, giving a 12-month rate of 3.9 percent.


Reporting by Leigh Thomas, Editing by Dominique Vidalon

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