French inflation steadies at 2012 high, but lower than that of Germany

The April inflation figure in France, the eurozone's second-largest economy, peaked at 1.4%, the highest level since 2012, but notably less than in Germany, Spain and the eurozone average.

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France’s inflation rate held steady in April, below the eurozone’s average for the month and defying a broader uptick in prices seen across Europe on the back of the later timing of Easter last month, reports The Financial Times.

Annual harmonised consumer price growth was 1.4 % in the eurozone’s second largest economy last month, compared to 1.9% in the bloc as a whole and 2% in Germany.