France 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.