In February, inflation passes below 1% over a year, a first since 2021 – Liberation
Consumer prices increased by 0.8 % over a year in February after an increase of 1.7 % in January, according to provisional INSEE data, which displayed, for the first time for the first time for four years, inflation in annual sliding less than 1 %. The slowdown in the increase comes from a clear decline in energy prices, according to the Institute of Statistics and in particular electricity prices.
After two years of successive increases, An average drop of 15 % of electricity prices came into force on February 1 for more than 24 million subscribers at the regulated rate, A first in ten years. It is also explained by a slowdown in inflation on manufactured services and products. Over a month, consumer prices are stable in February, after +0.2 % in January, also specifies INSEE.
Food prices accelerate slightly, compared to February 2024. Over one year, the harmonized consumer price index (IPCH), which allows comparisons between European countries, increased by 0.9 % after 1.8 % in January. Over a month, it is stable after -0.2 % the previous month.
Household consumption in goods has also fell in January, 0.5 % in volume compared to the previous month. A trend explained by the « Net decline » Purchases of manufactured goods, also noted INSEE this Friday. In December, household consumption had increased by 0.7 %, still over a month.
