French Consumer Prices Down More Than Expected in November
The annual inflation rate in France slowed to 0.3 percent in November of 2014 from 0.5 percent in the previous month, mainly due to lower cost of energy, manufactured products and food.
12/11/2014 12:00:03 PM
Year-on-year, upward pressures came from prices of tobacco (+3.5 percent), other services (+2.1 percent), actual rentals and services for dwellings (+1.5 percent) and clothing and footwear (+0.2 percent). In contrast, consumers paid less for petroleum products (-5 percent), medical products (-3 percent), other manufactured products (-1.1 percent) and food (-0.2 percent)
On a monthly basis, the consumer prices index deopped by 0.2 percent in November of 2014, after remaining unchanged in the preceding month.
In November, annual core inflation fell by 0.2 percent after remaining unchanged in October
The harmonized index of consumer prices increased 0.4 percent year-on-year but declined by 0.2 percent month-over-month.