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France Inflation November 2020

France: Inflation hits highest level since July in November

Consumer prices rose a seasonally-adjusted 0.22% in November over the previous month, swinging from October’s 0.04% fall, according to a preliminary reading by the Statistical Institute (INSEE). November’s reading marked the sharpest increase in prices since July and largely reflected higher price pressures for food.

Harmonized inflation rose to 0.3% in November from October’s 0.1%. November’s reading was the highest inflation rate since July. Annual average harmonized inflation remained at October’s 0.7% in November.

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