jeudi 12 mars 2015
French Consumer prices increased by 0.7% in February 2015; they decreased by 0.3% year-on-year
Posted on 01:21 by nice news
In February 2015, the Consumer Price index (CPI) grew by 0.7%, after a decrease by 1.0% in January. Year-on-year, consumer prices diminished again
(—0.3% after —0.4% in January). In February 2015, the main contributors to the price rises were the seasonal increases in manufactured product prices at the end of winter sales and in tariffs of services linked with winter holidays. Some upward pressures came also from the rebound of petroleum product prices and a new increase in fresh foodstuff prices.
Seasonal increases in manufactured product prices after winter sales
Prices of manufactured products bounced back after winter sales. Price recoveries were less pronounced than last year (+1.0% versus +1.3% in February 2014; —1.7% year-on-year) due to the effects of the introduction this year of an additional week of sales in February. It has contributed to limit the increase in prices of clothing and footwear (+4.5% versus +6.2% in 2014; —2.6% year-on-year) and, in a lesser manner, in prices of other products such as furniture and furnishings (+0.9% versus +1.9% in 2014;
—0.9% year-on-year) or household textiles (+1.5% after +2.6% in 2014; —0.9% year-on-year). On the other hand, for some products, the price rises after the sale period were almost the same this year than last year. Thus, prices of domestic appliances grew by 0.7% in February 2015 (+0.6% in 2014; —2.3% year-on-year), those of appliances for personal care by 0.4% (+0.3% in 2014; —1.4% year-on-year) and those of personal effects by 1.5% (+1.6% in 2014; +0.2% year-on-year).
(—0.3% after —0.4% in January). In February 2015, the main contributors to the price rises were the seasonal increases in manufactured product prices at the end of winter sales and in tariffs of services linked with winter holidays. Some upward pressures came also from the rebound of petroleum product prices and a new increase in fresh foodstuff prices.
Seasonal increases in manufactured product prices after winter sales
Prices of manufactured products bounced back after winter sales. Price recoveries were less pronounced than last year (+1.0% versus +1.3% in February 2014; —1.7% year-on-year) due to the effects of the introduction this year of an additional week of sales in February. It has contributed to limit the increase in prices of clothing and footwear (+4.5% versus +6.2% in 2014; —2.6% year-on-year) and, in a lesser manner, in prices of other products such as furniture and furnishings (+0.9% versus +1.9% in 2014;
—0.9% year-on-year) or household textiles (+1.5% after +2.6% in 2014; —0.9% year-on-year). On the other hand, for some products, the price rises after the sale period were almost the same this year than last year. Thus, prices of domestic appliances grew by 0.7% in February 2015 (+0.6% in 2014; —2.3% year-on-year), those of appliances for personal care by 0.4% (+0.3% in 2014; —1.4% year-on-year) and those of personal effects by 1.5% (+1.6% in 2014; +0.2% year-on-year).
French Consumer prices increased by 0.7% in February 2015; they decreased by 0.3% year-on-year
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