Inflation & Prices
French Inflation Unexpectedly Eases, Despite Jump in Energy
- Consumer prices up 5.6% from year ago in September, est. 5.9%
- Several ECB officials say 4% rates can return inflation to 2%
French consumer prices increased by 5.6% from a year earlier in September.
Photographer: Stefan Wermuth/BloombergThis article is for subscribers only.
French inflation unexpectedly slowed as smaller price increases for services and manufactured goods offset a government-controlled rise in energy costs.
Consumer prices in the euro area’s second-largest economy increased by 5.6% from a year earlier in September — down from the previous month’s 5.7% advance. The median estimate in a Bloomberg survey of economists was 5.9%.