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ECONOMY

French inflation hits record-high of 7.3% in February

ISTANBUL

Annual inflation in France hit a record 7.3% in February, the national statistics bureau Insee said on Wednesday. The prices were up from 7% in January.

The authority’s previous expectation for February inflation was 7.2%.

Insee said the figure was a result of higher prices of food, services, and manufactured goods, while energy rates slowed down.

Inflation was 4.2% in February 2022, and 0.8% in February 2021.

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