World Economy

France Inflation Steady

France Inflation SteadyFrance Inflation Steady

France’s inflation held steady as previously estimated in October, final data from the statistical office Insee showed Tuesday, Alliance News reported. Consumer prices climbed 0.4% year-on-year in October, the same pace of growth as seen in September and in line with preliminary estimates. Month-on-month, the consumer price index remained flat in October, following a 0.2% drop registered in September. The monthly rate also came in line with flash estimate. The stability in the monthly rate came from an acceleration in energy prices, offset by a fall in food and services price, Insee said. Core inflation decelerated to 0.5% in October from 0.7% in the previous month.


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