France's annual inflation expected to stay at historical high

France's annual inflation expected to stay at historical high

Food, manufactured good, and service prices up in Nov., statistics authority Insee forecasts

By Gokhan Ergocun

ISTANBUL (AA) – France’s annual inflation rate was expected to stay at a historical high level of 6.2% in November, according to official provisional data on Wednesday.

The country's annual inflation rate was at 6.2% in October, and 5.6% in September, according to the country's statistical authority Insee.

In November, Insee expects an acceleration in food, manufactured good, and service prices but a potential slowdown in energy and fuel prices.

On a monthly basis, Insee forecasts a 0.4% rise in November.

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