France's inflation slowed in October as food price growth softened and energy prices logged sharper fall, preliminary estimate from the statistical office INSEE showed Friday.
Consumer price inflation eased more-than-expected to 1.0 percent from 1.2 percent in September. Inflation was seen at 1.1 percent.
Likewise, harmonized inflation slowed to 0.9 percent from 1.1 percent a month ago. This was also below the forecast of 1.0 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.