France's inflation slowed more than estimated in October due to the sharper decrease in energy prices, final data from the statistical office INSEE showed on Friday.
Consumer price inflation eased to 0.9 percent from 1.2 percent in September. The October rate was revised from 1.0 percent estimated on October 31.
This fall in inflation was largely driven by a sharp fall in energy prices, which slid 5.6 percent. Food price inflation eased to 1.3 percent due to the downturn in prices of fresh products, and services prices logged a steady growth of 2.4 percent. Month-on-month, the consumer price index edged up 0.1 percent, in line with the estimate, following September's 1.0 percent decrease.
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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.