14-Oct-2010 7:36 AM

French inflation rate increases in Sep-2010

France’s National Institute of Statistics and Economic Studies stated (13-Oct-2010) the consumer price index (CPI) decreased by 0.1% in Sep-2010, after an increase by 0.2% in Aug-2010, with year-on-year growth of 1.6%. Adjusted from the seasonal variations, the monthly change increased by 0.2% (+1.6% year-on-year). The decline of the Sep-2010 index came mainly from the seasonal decrease in prices of services at the end of the summer. The decrease was partly counterbalanced by the seasonal increase in prices of manufactured products at the end of the summer sales and by the rise in prices of energy products. Otherwise, the prices of food products were steady.