France: Harmonized inflation hits highest level since July in November
Consumer prices increased a seasonally-adjusted 0.21% over the previous month in November, contrasting the 0.04% fall recorded in October and marking the sharpest increase in prices since July. The rebound was driven by rising prices for services and food and beverages. In addition, price pressures for energy also gained steam.
Harmonized inflation rose to 0.2% in November, from October’s 0.1%. November’s result represented the highest inflation rate since July. Meanwhile, annual average harmonized inflation remained at October’s 0.7% in November.