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FINWIRES

French Annual Inflation Accelerates to 1.7% in January, Final Data Confirms

-- As expected, France's annual inflation rate climbed to 1.7% in March, from 0.9% in February, final data from statistics agency Insee showed Wednesday.

On a monthly basis, consumer prices were 1% higher, compared with the flash estimate of a 0.9% growth and the prior 0.6% gain.

The annual harmonized inflation rate stood at 2% from 1.1%, against the preliminary reading of 1.9%. Month over month, harmonized consumer prices rose 1.1%, confirming the preliminary data, compared with the previous 0.7% uptick.

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