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France October preliminary CPI (HICP) +0.9% vs +1.0% y/y expected

  • Prior +1.1%
  • CPI M/M +0.1% vs +0.1% expected
  • Prior -1.1%
  • Full report here

From the agency:

Over a year, the Consumer Price Index (CPI) should rise by 1.0% in October 2025, after
+1.2% in September, according to the provisional estimate made at the end of the month.
This slowdown in prices should be explained by a more sustained fall in prices of
energy, driven by the decrease in those of gas and petroleum products, and by a slowdown
in food prices. The prices of services should increase at the same rate than in September,
like those of tobacco, and the prices of manufactured products should fall at a slightly
faster rate than in the previous month.

Over one month, consumer prices should rise by 0.1% in October 2025, after ‑1.0% in
September. This slight rise in prices should be explained by the increase in services
prices, particularly in transport, and to a lesser extent in manufactured products
prices. Conversely, prices of energy and food should fall slightly. Tobacco prices
should be stable again over a month.

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