France Consumer Inflation Falls 0.2% in November

Consumer prices in France fell 0.2% in November 2025, following a 0.1% rise in October. The drop was mostly from lower services prices (-0.5%), caused by seasonal fall in transport services (-5.4%), and a slight decline in manufactured goods (-0.1%). Energy prices rebounded 1.3% pushed by higher petroleum product prices (+2.7%). Food prices were stable, with Tobacco prices edging up 0.1%. Year-on-year consumer price index went up by 0.9%. Services inflation eased to 2.2% and a sharper fall in manufactured goods (-0.6%) balanced the lighter fall in energy prices (-4.6%) and a slight increase in food inflation (+1.4%). Core inflation slowed to 1% year-on-year. The harmonised index dropped 0.2% on the month and rose 0.8% annually. Communication cost (-1.6%) and "other services" (+2.5%) recorded slower growth, while electricity costs fell 14%.