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30.11.2017, 08:16

French CPI little changed in November

Over a year, the Consumer Price Index (CPI) should rise by 1.2% in November 2017, after +1.1% in the previous month, according to the provisional estimate made at the end of the month. This rise in year-on-year inflation, the fourth in a row, should come from an acceleration in energy prices and services prices and from a lesser drop in manufactured product prices. The acceleration in tobacco prices should contribute too, but to a lesser extent. Food prices should grow at the same pace as in the previous month.

Over one month, consumer prices should rise by 0.1%, as in October. This new slight increase should result from an acceleration in energy prices, a lesser fall in services prices and an increase in tobacco prices. On the other hand, food prices should slow down, due to a downturn in fresh food prices, which sharply rebounded in the previous month.

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