France: Harmonized inflation comes in at highest level since November 2011 in September
October 15, 2021
Consumer prices fell 0.22% over the previous month in September, contrasting the 0.61% rise seen in August. September's result marked the weakest reading since September 2020. The decline was largely attributed to declining prices for food and services. Meanwhile, prices for manufactured products eased over the prior month.
Harmonized inflation came in at 2.7% in September, up from August’s 2.4%. September's figure represented the highest inflation rate since November 2011. Annual average harmonized inflation rose to 1.3% in September (August: 1.0%). Finally, consumer price inflation ticked up to 2.2% in September, from the previous month's 1.9%.