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FX.co ★ French HICP Reaches 3.1% in Latest Data Update

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typeContent_19130:::2024-02-29T07:45:00

French HICP Reaches 3.1% in Latest Data Update

The latest data on the French Harmonised Index of Consumer Prices (HICP) has been released, showing a decrease from the previous indicator. The previous HICP reached 3.4% in January 2024, while the most recent data now stands at 3.1%. The comparison is based on a Year-over-Year analysis, which compares the change for the current month to the same month a year ago.

Although the exact date of the recent data release is not specified, the information was updated on 29 February 2024. The slight decrease in the HICP indicates a potential stabilization in consumer prices in France. This could have implications for the country's economic outlook and monetary policy moving forward, as policymakers assess the inflation trends and their impact on the overall economy.

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