According to the latest data released on November 15, 2024, France’s inflation rate excluding tobacco has seen a subtle rise, reaching 1.10% in October 2024. This represents a slight increase from the previous month’s inflation rate of 1.00% in September.This year-over-year comparison underscores a steady yet modest growth in the inflation rate. In September, the index showcased a comparison to the same month in 2023, whereas the October indicator reflects a similar comparative analysis with the previous year. This incremental elevation in France’s inflation ex-tobacco highlights the continuation of stable economic trends within the country, marking a period of consistent economic stability.As the French economy continues to navigate global economic pressures, this gradual increase in the inflation rate reflects underlying economic dynamics, signaling cautious optimism about France’s economic landscape. This data will likely be closely watched by analysts and policymakers, as they navigate monetary policies and economic forecasts.The material has been provided by InstaForex Company – www.instaforex.com
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