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French inflation reaches its highest level in nearly three years, INSEE reports

INSEE released the final inflation figure for September, showing a rise to the strongest rate since early 2024.

The national statistics office announced that consumer prices in France increased in September, marking the steepest annual growth since January 2024. This upward revision follows a provisional estimate published at the end of the month. While monthly price movements showed a slight decline, the annual trend remains upward, driven partly by seasonal shifts in tourism and transport costs.

Why it matters

Rising inflation affects purchasing power and can influence monetary policy decisions in France and beyond.

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inflationconsumer pricesannual growthseasonal effectstourismtransportglobal markets
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