30 November 2018

2018- n° 312

In November 2018, consumer prices increased by 1.9% year on year Consumer price index - provisional results - November 2018

Over a year, the Consumer Price Index (CPI) should slow down to +1.9% in November 2018, after +2.2% in October, according to the provisional estimate made at the end of the month. The drop in inflation should come from a deceleration in the prices of services, energy, food and tobacco. Those of manufactured products should decrease a little less than in the previous month.

Over one month, consumer prices should edge down: −0.2% after +0.1% in October. After seven months of consecutive rise, energy prices should fall back, in the wake of petroleum product prices. Those of services should also drop due to a seasonal downturn in airfares and a fall in communication services. Food prices should drop, as in the previous month. Those of manufactured products should rise slightly after a stability in the previous month.

Year on year, the Harmonised Index of Consumer Prices should slow down to +2.2% after +2.5% in October. Over one month, it should edge down by 0.2% after +0.1% in the previous month.