La inflacion en Francia sube hasta el 1,2%

A pesar de la recesion, la inflacion esta empezando a hacer acto de presencia en toda Europa.

French Inflation Rate Jumps to One-Year High on Oil

Feb. 23 (Bloomberg) -- France's inflation rate rose in January to the highest in more than a year, driven by higher energy costs.

Consumer prices based on European Union methodology rose 1.2 percent from a year earlier, their biggest gain since December 2008, statistics office Insee said today. Economists expected an increase of 1.3 percent, based on 11 forecasts gathered by Bloomberg. Prices fell 0.2 percent from December.

The inflation rate is picking up after remaining negative from May through October as the worst global recession in more than half a century caused crude oil prices to slump from 2008's record high of $147 a barrel. Energy prices are now rising again as a growing global economy stokes demand.

"It's energy prices that are the determining factor," said Dominique Barbet, an economist at BNP Paribas in Paris.

Energy prices rose 6 percent from the previous year with the cost of oil products jumping 12.4 percent, the report showed. The price of crude ended January at about $73 a barrel, 82 percent higher than a year earlier.

Fresh food prices also climbed, gaining 0.8 percent, while rent and household services increased 2.5 percent.