AI Data Insight

France's Harmonised Index of Consumer Prices (HICP) month-over-month (MoM) growth rate for September 2026 turned negative, dropping from 0.7% in the previous month to -0.3%, in line with broad market expectations. This pullback is primarily attributed to seasonal declines in service prices, such as accommodation and transport, following the end of summer, which successfully offset upward pressure from energy prices. Looking ahead, continued attention must be paid to the rebound effect of winter heating demand and energy policies on overall inflation.

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