(Finance) – Contrasting data for theinflation in France in January 2024. According to the preliminary estimate released by the French National Statistical Institute (INSEE), consumer prices are indicated as decelerating every year to 3.1% from 3.7% in the previous month.
This decrease is expected to be due to the one-year slowdown in crude oil prices.powerof the foodstuffs and products manufacturing. On the contrary, those in services and tobacco should accelerate.
On a monthly basis a decrease of 0.2% is estimated, less than the +0% of the consensus, after +0.1% in December.
L’harmonized indexa measure used by the ECB, indicates a trend growth of 3.4%, higher than expected (+3.3%, compared to +4.1% in the previous month. On a monthly basis there is a change of -0, 2% versus the expected -0.2% and the previous +0.1%.