In January 2025, France's inflation rate excluding tobacco saw a noticeable increase, rising to 1.60% from the previous month's rate of 1.20%. This data, updated on February 18, 2025, marks an uptick in inflationary pressures within the French economy as it is measured on a year-over-year basis, comparing the change for the month of January to the same month in the previous year.
December 2024's indicator showed a more moderate rate, hinting at a burgeoning trend as the new year plays out. The rise in inflation ex-tobacco in January could signal strengthening consumer demand or potential cost pressures in different sectors, excluding the influence of tobacco products.
The shift from the December rate highlights an evolving economic landscape in France as we delve deeper into 2025. Economists and market watchers will closely monitor forthcoming months' data to gauge the trajectory and implications of this upward movement in inflation rate ex-tobacco on France's broader economic health.
