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French inflation rises to 3.7% in October, highest since December 2023

Reuters
French inflation rises to 3.7% in October, highest since December 2023

Nov 13 (Reuters) - ‌Consumer prices in France ​rose ‌3.7% year-on-year in ‌October on an EU-harmonised ‌basis, revised down by 0.1 points from a preliminary ⁠estimate, statistics ‌office INSEE said ⁠on Friday.

The harmonised ​inflation rate in the bloc's ​second-biggest economy — ​adjusted ‌for comparison with ​other euro ⁠zone countries — ‌accelerated in October ​compared ​with the September reading of 3.4% and was ‌at its highest level ‌since December ​2023.

(Reporting by Dimitri Rhodes in Gdansk, editing ‌by Milla Nissi-Prussak)