French Inflation Steady at 1.4%
French Inflation Steady at 1.4%

French Inflation Steady at 1.4%

French Inflation Steady at 1.4%

France’s inflation rate held steady in April, below the eurozone’s average for the month and defying a broader uptick in prices seen across Europe on the back of the later timing of Easter last month. Annual harmonized consumer price growth was 1.4% in the eurozone’s second largest economy last month, compared to 1.9% in the bloc as a whole and 2% in Germany, MarketWatch reported. France’s inflation rate has been more subdued than some of its major rival economies this year but remains at its highest since 2012. Despite prices climbing across the eurozone, officials at the European Central Bank have been largely untroubled by the inflationary surge, forecasting that average inflation will still fall below a target of just under 2% in 2018. French stats agency Insee also confirmed the country grew 1.1% in 2016 while the budget deficit came in at 3.4% of GDP–above the EU’s 3% ceiling. The debt pile inched up from 96% to 96.3%–also far exceeding a Brussels’ target of 60%.


Short URL : https://goo.gl/5vz2jo
  1. https://goo.gl/sw7n4N
  • https://goo.gl/O3xvDV
  • https://goo.gl/gqunw5
  • https://goo.gl/KgrTmb
  • https://goo.gl/0tmA97

You can also read ...

Nigeria Recovery Fragile
Nigeria’s economy grew 1.4% year-on-year in the third quarter...
Asian Shares Dip
Asian shares fell in muted trading Monday ahead of the...
Michel Barnier during his speech in Brussels, Nov 20, said: Britain would lose its “passporting” rights to let banks automatically do business in the EU after it leaves in March 2019.
European Union Brexit chief Michel Barnier said on Monday the...
The export climate index remains elevated.
Japan’s exports grew 14% over a year earlier in October on...
IMF expects demand growth for housing to remain robust.
The International Monetary Fund says any pickup in Australian...
Household debt topped the list of key systemic risks cited by market watchers at 87%.
South Korea’s growing household debt and geopolitical risks...
Jordan’s real GDP is forecast to grow at 3% in 2018 and 3.2% in 2019.
Jordan’s economy which has been straddled with mounting debt...
Mongolia Rated Positive
Fitch Ratings agency has revised Mongolia’s credit rating from...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.