Inflation will accelerate to 6.2% in one year in October, according to INSEE’s initial estimate

Inflation will accelerate to 6.2% in one year in October, according to INSEE’s initial estimate

According to INSEE, inflation accelerated again in October to 6.2% in one year. The reason: rising energy prices.

Inflation accelerated to 6.2% year-on-year in October.  illustrative photo
Inflation accelerated to 6.2% year-on-year in October. Illustration photo | DAVID ADEMAS / ARCHIVE OF WEST FRANCE

  • L’inflation accélère en octobre à 6,2 % sur un an. Photo d’illustration | DAVID ADEMAS / ARCHIVES OUEST-FRANCE

Consumer price growth in France picked up again in October to 6.2% over the year, after two months of slowing, according to preliminary data released on Friday (28 October) by INSEE.

This increase in inflation would be caused by the acceleration of the price growth of energy, food and industrial products, specifies the National Institute of Statistics and Economic Studies in a press release.

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