French Inflation Rate Down to 0.9% in August


In August, France's inflation rate decreased to 0.9 percent from 1.1 percent in July. The slowdown was broadly driven by falling prices of petroleum products, transport and communication services.

The biggest downward pressures on the overall index came from energy (-0.3 percent) driven by the fall in petroleum products costs (-4.3 percent), transport and communication services (-4.6 percent) and medical products (-3.3 percent). 

Food prices were up by 1.8 percent mainly due to a sharp increase in fresh food prices (+7.6 percent). Other major upward pressures on the overall index came from rentals and services for dwellings (+1.8 percent), clothing and footwear (+1.6 percent) and tobacco (+10.5 percent).

On a monthly basis, prices were up 0.5 percent. The core inflation indicator was unchanged at +0.6 percent in August.

French Inflation Rate Down to 0.9% in August


Insee | Nuno Fontes | nuno@tradingeconomics.com
9/12/2013 9:15:21 AM