In October 2017, the Consumer Prices Index (CPI) barely recovered by 0.1% over a month, after a moderate downturn of 0.2% in September. This rebound resulted from that in food prices and a lesser drop in services prices. Contrariwise, manufactured product prices slowed down sharply after a marked rise in September (+0.2% after +0.5%). Energy prices increased barely less than in the previous month.
Seasonally adjusted, consumer prices decelerated slightly: +0.1% after +0.2% in September.
Year on year, consumer prices grew by 1.1% in October after +1.0% in the previous month. This third consecutive acceleration came from a sharper increase in food prices and a lesser drop in manufactured product prices. Energy prices slowed down after two months of very sustained rise. Services prices increased in the same rate than in September.
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