BSS
  31 Mar 2023, 12:53

French inflation slows in March

PARIS, March 31, 2023 (BSS/AFP) - French inflation slowed in March, official
data showed Friday, joining other eurozone countries in reporting an easing
of price increases.

Inflation reached 5.6 percent year-on-year in March, down from 6.3 percent in
February, according to the INSEE statistics institute.

An easing of energy prices helped to bring down inflation in the eurozone's
second-biggest economy, but food prices jumped by 15.8 percent.

In Germany, Europe's biggest economy, price growth eased to 7.4 percent in
March from 8.7 percent in the first two months of the year, official data
showed on Thursday.

The drop was even sharper in Spain, with inflation easing to 3.3 percent
after six percent in February.

March inflation for the 20-nation eurozone will be published later on Friday.