Inflation again driven by oil
April 13, 2010 - 10:32 am
Prices continued to rise slightly in March. The index of consumer prices, as calculated by INSEE, rose 0.5% over the last month, after +0.6% in February. In one year, the index rose 1.6%.
"The higher prices in March comes, firstly, the increase in prices of manufactures (+08%) mainly because of the end of winter sales and, secondly, the sharp rise in oil prices (+3.5%), "INSEE said. The waltz of the labels has also affected the vegetables.
Please note, car prices rose 1.7%, "the purpose of promotion is more important as new developments," according to INSEE.