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<Econ> France's March Harmonized HICP Preliminary Value Rises 1.9% YoY, Meeting Expectations and Reaching Over 1.5-Year High
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The French statistics bureau announced that France's March Consumer Price Index (CPI) preliminary value rose 1.7% year-on-year, compared to the previous increase of 0.9%.

France's March Harmonized Index of Consumer Prices (HICP) preliminary value, according to EU standards, rose 1.9% year-on-year, meeting market expectations and reaching the highest level since August 2024, compared to the previous increase of 1.1%. The rise in oil prices due to the Middle East conflict led to a sharp increase in energy costs, which surged 7.3% after more than a year of decline.

France's March CPI rose 0.9% month-on-month, compared to the previous increase of 0.6%. France's March HICP preliminary value rose 1.1% month-on-month, compared to the previous increase of 0.7%. (da/u)
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