- The French Consumer Prices Index (CPI) rose by 0.1% in November, led by an acceleration in energy prices and an increase in tobacco prices.

Services and manufactured goods prices fell back slightly.

Food prices slowed down sharply due to a downturn in fresh food prices, which had sharply rebounded in the previous month.

Year-on-year, consumer prices rose by 1.2% in November, 0.1 percentage points more than in the previous month.

This fourth consecutive acceleration resulted from a stronger growth in energy prices and tobacco prices and a lower drop in the prices for manufactured goods. Food and energy prices increased at the same rate as in October.

In November 2017, the core inflation index (ISJ) rose by 0.1% after being steady last month. Over a year, core inflation is at 0.5%, as in the four previous months.

Energy prices accelerated sharply in November 2017 after a slight slowdown in the previous month (+5.4% year on year after +4.8%). This upturn was due both to the sharper growth in the prices of petroleum products (+8.6% after +7.4%) and gas (+4.1% after +3.3% year on year). Electricity prices were up 1.5% year on year.

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