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French Flash Annual Inflation Rate Rises to 2.2% in April

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-- France's annual inflation grew to 2.2% in April, from 1.7% in the previous month, provisional data from statistics agency Insee showed Thursday.

The reading is higher than the consensus estimate of 2%.

On a monthly basis, consumer prices were 1% higher, consistent with the prior month and against the expected 0.9% gain.

The flash annual harmonized inflation rate came in at 2.5%, against the previous month's 2% and the market forecast of 2.3%. Month over month, harmonized consumer prices gained 1.2%, against the previous 1.1% increase and the expected 0.9% growth.

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