French Inflation Unchanged at 0.9% in September


In September, France's consumer prices rose 0.9 percent year-on-year, unchanged from the previous month. Decreasing prices for manufactured goods (-0.7 percent) were offset by rising services costs (+1.4 percent).

The biggest downward pressures on the overall index came from medical products (-3.1 percent), oil (-2.5 percent) and transport and communication services (-1.3 percent). 

Food prices were up by 1.1 percent mainly due to the increase in fresh food prices (+2.5 percent). Other major upward pressures on the overall index came from rentals and services for dwellings (+1.8 percent), clothing and footwear (+0.9 percent) and tobacco (+10.5 percent).

The core inflation indicator fell to 0.0 percent in September from +0.6 percent in August. On a monthly basis, prices were down 0.2 percent. 

French Inflation Unchanged at 0.9% in September


Insee | Nuno Fontes | nuno@tradingeconomics.com
10/15/2013 8:44:46 AM