French warned of further price hikes ...News

The cost of food will surge again this month in the Eurozone’s second-largest economy Inflation in France will accelerate to reach 10% in March but the government will “break daily prices” to tame the rise, government spokesperson Olivier Veran warned on Wednesday. The French consumer price index increased to 6.2%, up from 6.0% in January, according to preliminary data from the statistics bureau Insee, issued on Tuesday. Food inflation edged higher to 14.5% from 13.3%, service prices were up to 2.9% from 2.6%, while the prices of manufactured goods rose slightly to 4.6% from 4.5%, with the end of winter sales, acc

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