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30.09.202606:45:00UTC+00French Inflation Turns Negative in September as CPI Falls 0.3% Month-on-Month

France’s consumer price dynamics reversed sharply in September 2026, with the country’s Consumer Price Index (CPI) declining by 0.3% month-on-month, according to data updated on 30 September 2026. The move into negative territory marks a notable turnaround from August 2026, when CPI rose by 0.7% on a month-over-month basis.

The month-on-month comparison highlights a steep cooling in price pressures, as the strong increase recorded in August gave way to a contraction in September. The September reading compares the price level in that month to August, while the previous figure measured the change in August relative to July. Investors and policymakers will now be assessing whether this negative print signals a temporary correction following August’s spike or the start of a broader disinflationary trend in France.

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