France's annual inflation expected to stay at historical high

ISTANBUL

France’s annual inflation rate was expected to stay at a historical high level of 6.2% in November, according to official provisional data on Wednesday.

The country's annual inflation rate was at 6.2% in October, and 5.6% in September, according to the country's statistical authority Insee.

In November, Insee expects an acceleration in food, manufactured good, and service prices but a potential slowdown in energy and fuel prices.

On a monthly basis, Insee forecasts a 0.4% rise in November.