Paris, October 15: France’s annual inflation rate reached 0.9% last September, down 0.1% from August and 0.2% from July, according to final data Published by the National Statistical Institute.
The slight drop in September was attributed to a slowing pace of food prices – up 2.1% in 12 months compared to 3.1% in August – and a fall in energy prices, the National Institute said in a statement.
The services sector also saw a rise of 1.2% compared to 1.1%, and a less pronounced decline in manufactured products (-0.7% in September after -0.9% in August).
In France, prices fell 0.3% last month due to a seasonal decline in services (1.3%) and food (0.5%). On the contrary, manufactured products rose 1.5% and energy rose 0.3%.