Reflecting acceleration in food and services prices, France consumer price inflation bounced back to a three-month high in February and consumer spending rebounded due to the scaling back of state support for energy bills, separate releases from the statistical office INSEE revealed Tuesday.
Despite the energy crisis, the statistical office also confirmed that the French economy avoided a contraction at the end of 2022, underpinned by the positive contribution from foreign trade.
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by Renju Jaya
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