Economics

French Inflation Tops Estimates as Energy Prices Soar

  • Costs for energy increase 21%, fresh produce up 5.6%
  • Fourth-quarter economic growth confirmed at 0.7%, Insee says

French consumer prices rose 4.1% in February from a year earlier.

Photographer: Marlene Awaad/Bloomberg
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French inflation accelerated more than expected, adding a further complication to the European Central Bank’s efforts to smoothly withdraw crisis-era stimulus amid economic disruption from Russia’s attack on Ukraine.