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Radio France Internationale
Radio France Internationale
National
RFI

Inflation in France jumps as Iran war hits growth and spending

Fuel prices displayed at a petrol station in Toulouse, south-western France, on 9 March 2026, as rising oil costs linked to the Iran conflict push up inflation and squeeze household budgets. AFP - ED JONES

France is heading for a sharp rise in inflation this spring as soaring oil prices linked to the conflict in Iran erode household purchasing power, with growth expected to slow in early 2026, the national statistics agency said.

Insee expects growth of 0.2 percent in both the first and second quarters, down from 0.3 percent previously. At the same time, inflation is forecast to climb above 2 percent in the spring after running at less than 1 percent in February.

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