15.11.201703:11:00UTC+00France's Inflation Rises As Estimated In October

France's inflation increased as initially estimated in October, final data from the statistical office Insee showed Wednesday.

Inflation rose to 1.1 percent in October from 1 percent in September. The was in line with the flash estimate published on October 31.

This third consecutive acceleration came from a sharper increase in food prices and a lesser drop in manufactured product prices.

On a monthly basis, consumer prices edged up 0.1 percent as estimated.

Inflation, based on the harmonized index of consumer prices, increased slightly to 1.2 percent from 1.1 percent a month ago.

The HICP gained 0.1 percent after a downturn of 0.2 percent in September. Both monthly and annual rates also matched preliminary estimate.

Core consumer prices climbed 0.5 percent, as in the three previous months.