French Consumer Prices Unchanged in November


French consumer prices remained unchanged year-on-year in November of 2015, after increasing 0.1 percent in the previous month. A decline in cost of manufactured products and energy offset an increase in cost of food and services.

Year-on-year, cost increased for: food (+0.8 percent), fresh food (+5.4 percent), food excluding fresh products (+0.1 percent), tobacco (+0.3 percent), other manufactured products (+0.3 percent), actual rentals and services for dwellings (+0.8 percent), medical services (+0.2 percent), transport and communication services (+0.2 percent) and other services (+1.6 percent). In contrast, prices declined for: petroleum products (-11.9 percent), medical products (-4.1 percent) and clothing and footwear (-0.5 percent). 

On a monthly basis, the consumer price  dropped 0.2 percent, following a 0.1 percent increase in October. Price decreases were reported for: food (-0.2 percent), fresh food (-2.0 percent), medical products (-0.4 percent), other manufactured products (-0.1 percent), petroleum products (-0.9 percent), medical services (-0.1 percent) and transport and communication services (-1.6 percent). Cost remained unchanged for actual rentals and services for dwellings.

In November, the core inflation indicator (ISJ) remained unchanged month-0n-month following a 0.1 percent rise in October. Compared to the same month last year, it rose by 0.7 percent, the same pace as in the preceding month.

The Harmonized Index of Consumer Prices (HICP) fell 0.2 percent in November over a month, after a 0.1 percent rise in the previous month. Year-on-year, it rose 0.1 percent, following a 0.2 percent increase in October.

French Consumer Prices Unchanged in November


Insee | Rida Husna | rida@tradingeconomics.com
12/10/2015 12:35:02 PM