| Consensus | Consensus Range | Actual | Previous | |
| Month over Month | -0.1% | -0.1% to -0.1% | -0.1% | -0.1% |
| Year over Year | 0.9% | 0.9% to 0.9% | 0.9% | 0.9% |
| HICP - M/M | -0.2% | -0.2% to -0.2% | -0.2% | -0.2% |
| HICP - Y/Y | 0.8% | 0.8% to 0.8% | 0.8% | 0.8% |
Highlights
Consumer prices fell 0.2 percent in November from the previous month while rising 0.9 percent year-on-year, matching both preliminary estimates and the Econoday consensus. Core inflation was down 0.2 percent from October and 1.0 percent higher than a year ago.
Services prices fell 0.5 percent from October led by a 5.4 percent fall in transportation services and 2.1 percent lower prices for communications. From November of last year, prices for services rose 2.2 percent.
Manufactured product prices were 0.1 percent lower month-on-month and down 0.6 percent from a year ago. With monthly declines of 0.1 percent for medical products and a 0.2 percent fall in prices for “other” manufactured goods more than offsetting a 0.1 percent increase for clothing and footwear.
The HICP used to compare inflation among European economies fell 0.2 percent from October and rose 0.8 percent from a year ago, in line with both the Econoday consensus and preliminary reading.
Inflation continues to remain subdued in France and broadly in Europe.
Market Consensus Before Announcement
The consensus sees no revision from the flash at minus 0.1 percent on month and up 0.9 percent on year for the November final.