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Euronews
Euronews
Eleanor Butler

EXPLAINED: French inflation eases on energy costs ahead of eurozone data release | Rare Historical Photos

Inflation in France cooled in December — a reading that comes after the European Central Bank’s decision to hold interest rates at the end of last year.

Consumer prices (CPI) rose by 0.8% year-on-year in December, following a reading of 0.9% in November, according to statistics body INSEE. The Harmonised Index of Consumer Prices or HICP, which allows for comparison between EU countries, came to 0.7%. That followed a reading of 0.8% in November.

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