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- French CPI grew by 0.4% in October
French CPI grew by 0.4% in October
Year-on-year, the Consumer Price Index (CPI) should grow by 0.4% in October 2016, as in the previous month, according to the provisional estimate made at the end of the month. This stability in inflation is expected to be the result of a rebound in energy prices, mitigated by a downturn in food prices and a slowdown in services prices. Moreover, manufactured product prices should continue to decline year-on-year, at the same pace than in the previous month.
Over one month, consumer prices should be unchanged in October 2016 after a dowturn by 0.2% in September. In October 2015, the prices had increased by 0.1% over one month. Energy prices are set to speed up. Conversely, manufactured product prices should decelerate strongly because of clothing and footwear prices. Furthermore, food prices and services prices should diminish again, but less than in the previous month.
Year-on-year, the Harmonised Index of Consumer Prices should increase by 0.5% in October 2016, as in the previous month. Over the month, it is set to be stable after a fall by 0.2% in September - Insee.
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