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ECONOMY

France’s annual inflation at 6.2% in October

ISTANBUL

France’s annual inflation rate was at 6.2% in October, driven by energy and food prices, official figures showed on Tuesday.

According to France’s statistical authority Insee’s data, the annual inflation was up from 5.6% in September.

“This increase in inflation resulted from the acceleration in food prices, energy prices, and manufactured good prices,” it added.

Energy, food, and manufactured goods prices were up by 19.1%, 12%, and 4.2%, respectively, on a yearly basis.

The country’s monthly inflation was at 1%, Insee added.

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