French Inflation Holds Steady in March; Price Rises Led by Manufactured Goods and Tobacco
• French consumer prices rose 2.4% year-on-year in March, confirming preliminary data • Inflation caused by increases in manufactured goods prices and tobacco prices • Prices rose 0.2% month-on-month in March, after 0.9% rise in February • Energy prices rose 3.4% year-on-year, slowing from 4.3% rise in February • Food inflation eased for 12th straight month, with food prices up 1.7% in March