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France Inflation September 2019

France: Inflation edge down in September

Consumer prices fell 0.3% month-on-month in September, contrasting August’s 0.5% increase, according to the the Statistical Institute (INSEE). The decrease largely reflected the seasonal downturn in certain tourism-related services.

Inflation edged down to 0.9% from 1.1% in August, while annual average inflation ticked down to 1.3% from 1.4%.

Harmonized consumer prices fell 0.4% month-on-month in September (August: +0.5% month-on-month), while harmonized inflation inched down to 1.1% from 1.2% in August. In turn, annual average harmonized inflation moderated to 1.5% from 1.6% a month prior.

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