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2019.10.1507:04:00UTC+00France Inflation Slows As Estimated

France's consumer price inflation eased as estimated in September, final data from the statistical office Insee showed Tuesday.

Consumer price inflation slowed to 0.9 percent in September from 1 percent in August. The rate came in line with expectations.

The slowdown in energy and food prices was partially offset by acceleration in services prices, data showed.

Month-on-month, consumer prices dropped 0.3 percent, reversing a 0.5 percent rebound a month ago. Monthly CPI also matched preliminary estimate.

Year-on-year, the harmonized index of consumer prices climbed 1.1 percent in September after rising 1.3 percent in August.

On month, the HICP declined 0.4 percent in contrast to a 0.5 percent rise in the previous month. Both monthly and annual HICP rates came in line with the estimate published on September 27.

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