Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
2023 03 15T082611Z 1 LYNXMPEJ2E0AF RTROPTP 4 FRANCE ECONOMY INFLATION - Business Express

French inflation revised upwards in February to 7.3% – final figures

PARIS (Reuters) – French annual inflation rose to a revised 7.3% in February from 7.0% in January, partly as a result of higher food prices, according to final figures from the INSEE statistics body on Wednesday.

The preliminary inflation figure for February released last month was 7.2%.

Finance Minister Bruno Le Maire, who has said he expects inflation to reach a peak this summer and then start to ease, reached a deal earlier this month with the country’s main supermarket chains to help shoppers cope with food price inflation.

France’s inflation peak will come in the first half of this year, French European Central Bank policymaker Francois Villeroy de Galhau said last week, adding inflation across the euro zone was still too high and remained the top priority for monetary policy.

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.


(Reporting by Dominique Vidalon; Editing by Toby Chopra)


Recent Post: