In the latest economic update, the French Consumer Price Index (CPI) Non-Seasonally Adjusted (NSA) for October 2024 remained stable at 0.20%, mirroring the previous month’s data. This steady inflation rate follows the pattern set in September 2024, reflecting a neutral month-over-month growth for the second consecutive time.The stagnation in the CPI indicator suggests that the inflationary pressures in the French economy have hit a pause. Such consistency month-over-month—without any upward or downward movement—could point to underlying economic dynamics maintaining equilibrium, at least temporarily.These findings, updated as of November 15, 2024, provide critical insights for economists and policymakers. It could allow room for an analysis of stability in input prices, consumer spending, or potential interventions to stimulate economic growth or tackle deflationary tendencies. The unchanged rate indicates that the current economic measures in place might be sufficient to sustain price levels, though vigilance is necessary to respond to any potential shifts in upcoming months.The material has been provided by InstaForex Company – www.instaforex.com
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