French Inflation Matches Forecasts at 1.9 Percent in March

French consumer prices rose by 1.9 percent year-on-year in March according to preliminary data. The harmonized rate aligned perfectly with analyst forecasts.

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Consumer price growth in France remained steady in March, aligning with market expectations. According to preliminary data released on Tuesday by the national statistics agency INSEE, the harmonized inflation rate—adjusted for comparison with other euro zone countries—was recorded at 1.9% on a year-on-year basis.

Shoppers browse various stalls at a public market in Nantes, France, on September 17, 2024. REUTERS/Stephane Mahe
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