The preliminary estimate of the country’s year-on-year inflation report for March 2024 clocked in at 2.3 percent, according to INSEE, France.

As maintained by Euronews, this was largely due to food prices decreasing, from 3.6 percent in February to 1.7 percent in March.

Credits: Unsplash; Author: @jenfrost;

This was largely due to food prices increasing at a slower pace, at 1.7 percent in March, from 3.6 percent in February, with fresh food prices dropping 3.9 percent. Tobacco prices also saw a sharp slowdown, rising 10.7 percent in March, down from 18.7 percent in February.