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France’s Inflation Holds at 0.8% in March 2025, Driven by Seasonal Price Trends

Insee data confirms annual inflation stability, with manufactured goods and energy prices shaping monthly fluctuations.

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Overview

  • France's annual inflation rate remained steady at 0.8% in March 2025, according to Insee's latest data.
  • Consumer prices rose by 0.2% month-on-month, primarily due to seasonal increases in manufactured goods, particularly clothing and footwear.
  • Energy prices saw a significant decline, falling 1.5% over the month and 6.6% year-on-year, driven by lower petroleum product costs.
  • Core inflation, which excludes volatile components like energy, remained stable at 1.3% over the past year.
  • Sector-specific trends included a 2.3% annual rise in service prices, a 0.6% increase in food prices, and a slight slowdown in tobacco price growth.