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French inflation posts 0.4 percent fall in Sept
(MENAFN) French inflation witnessed a 0.4 percent decline over the month of September on the back of a decrease in service and energy costs, according to recent reports.
Moreover, the consumer prices index (CPI), climbed 0.3 percent in August y-o-y, indicating a steady rate of inflation, According to data released from the Paris-based statistic office.
Meanwhile, according to Insee figures, energy prices dropped 1 percent, which was mainly driven by a new slump in petroleum product prices for four consecutive months.
"In September, the main contributors to the decrease in the CPI came from a seasonal downturn in some services related to tourism after the school holiday period," Insee said in its monthly economic report.
Moreover, the consumer prices index (CPI), climbed 0.3 percent in August y-o-y, indicating a steady rate of inflation, According to data released from the Paris-based statistic office.
Meanwhile, according to Insee figures, energy prices dropped 1 percent, which was mainly driven by a new slump in petroleum product prices for four consecutive months.
"In September, the main contributors to the decrease in the CPI came from a seasonal downturn in some services related to tourism after the school holiday period," Insee said in its monthly economic report.
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