France: Harmonized inflation comes in at highest level since August 2008 in November
According to a flash estimate, consumer prices rose 0.36% in November over the previous month, below the 0.41% rise recorded in October. Looking at the details of the release, prices for services and manufactured goods rose in November, while prices for cooled notably.
Harmonized inflation came in at 3.4% in November, up from October’s 3.2%. November’s figure marked the highest inflation rate since August 2008. Accordingly, the trend pointed up, with annual average harmonized inflation coming in at 1.8% in November (October: 1.5%). Finally, consumer price inflation rose to 2.8% in November, from the previous month’s 2.6%.