FX.co ★ French HICP Holds Steady at 2.4% in April 2024

The latest data on the French Harmonized Index of Consumer Prices (HICP) for April 2024 has been released, showing that the indicator remained unchanged at 2.4%. This figure reflects the inflation rate in France, comparing prices of goods and services from the current month to the same month a year ago.

The previous indicator, which was also at 2.4%, was reported back in March 2024. The data, updated on 30 April 2024, indicates a stable inflation trend in the French economy. The HICP is an essential measure of inflation that helps policymakers and analysts assess the impact on consumers' purchasing power and the overall economic stability in the country. This consistent rate suggests a relative stability in the cost of living for French consumers amidst global economic fluctuations.