Inflation could slow faster than expected in France

The Banque de France issued a reassuring message on the inflation front on Monday. According to its new forecasts, the rise in prices in France should slow down “significantly” in the second half and end the year at 3.8% over one year in data harmonized at European level (HICP). It would thus stand at 5.4% on average this year, against 6% envisaged last December, with a peak still expected in the first half.

This revision is essentially linked to the ebb in energy prices. But gradually, the decline in agricultural commodity prices should also be reflected in prices. And from the summer, food inflation, which weighs particularly heavily on households, would also decrease.