The prices of food products increased by 0.6% on average throughout the year 2016 (photo illustration). ( AFP / THOMAS SAMSON )
Excluding tobacco, the consumer prices have also increased by an average of 0.2%, after having also been stable in the previous year. “The year 2016 is marked by a decline less pronounced in energy prices and, to a lesser extent, of manufactured goods,” says the institute of statistics. “Moreover, food prices accelerated to punishment”, while those of the services and tobacco have slowed, he adds.
THE PRICES OF SERVICES AND FOOD PRODUCTS ON the RISE
The average rate of inflation, which is consistent with the expectations of the government, which forecast inflation at +0.2 per cent, is to compare the prices on the whole of the year 2016 (January to December) compared to the full year 2015. It is distinct from the inflation rate in December from a year earlier, which came in at +0.6 per cent according to the final estimate of the Insee, published earlier Thursday, which is to compare the prices last December compared to those seen in December 2015.
the Evolution of the monthly consumption expenditure of households (index of consumer prices, CPI) from December 2015 to December 2016 and changes over 1 year. ( AFP / Pau DEFOSSEUX )
In the retail, energy prices have continued to decline in 2016, though at a pace less than a year ago : they declined by 2.8% after 4.7% on 2015, the decline was mitigated by year-end with the rise of the price of Brent. The prices of manufactured products also decreased less than a year earlier by 0.5% (after -0,9%).
The food prices have increased, but it is hardly more in 2015 : +0.6% after +0.5 percent. The prices of services have continued to increase, of 1% after a rise of 1.3% in the previous year, mainly pulled by the prices of communication services.