Good data, inflation down.
In September 2022, consumer prices fell back by 0.6% over one month and increased by 5.6% year on year
In September 2022, the Consumer Price Index (CPI) decreased by 0.6% over one month, after +0.5% in August. The prices of services contracted (-1.5% after +0.3%), due to the more marked seasonal downturn in the prices of certain tourism-related services. For the third consecutive month, the prices of energy decreased (-2.6% after -3.9% in August and -1.3% in July) in the wake of those of petroleum products (-7.0% after -7.6% in August and -3.6% in July). The prices of manufactured goods (+0.9% after +1.8%) and those of food (+1.1% after +1.7%) slowed down. Seasonally adjusted, consumer prices decreased by 0.3% after ... (full story)