France's inflation grows 0.3 pct in December on soaring services costs
Xinhua, January 12, 2017 Adjust font size:
Inflation rate in France rose by 0.3 percent month-on-month in December 2016, according to official data released Thursday.
"The month-on-month increase came from an essentially seasonal rebound in services prices," national statistics institute Insee said in its monthly economic report.
Over the period, a 17.3 percent rise in airfares pushed services prices up by 0.4 percent after it had fallen by 0.2 percent in November 2016.
At the end of December, energy prices was up by 0.9 percent compared with that of a month earlier while food prices inched up by 0.1 percent, Insee figures showed.
On a yearly basis, the consumer prices index, France's main inflation gauge, grew by 0.6 percent. Endit