The annualized consumer inflation in France probably continued to slow down in December, reaching 0.2%, according to the median forecast by experts, from a rate of 0.3% during the preceding month. In November annual inflation decelerated, due to lower prices of energy, manufactured products and food. During the month upward pressures came from prices of tobacco (+3.5% year-on-year), other services (+2.1%), actual rentals and services for dwellings (+1.5%) and clothing and footwear (+0.2%). At the same time, cost of petroleum products dropped at an annualized rate of 5%, while that of medical products – by 3%. Additional downward pressures came from prices of other manufactured products (-1.1%) and food (-0.2%).
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