France's Inflation Declines

This is a news story, published by CNBC, that relates primarily to European Central Bank news.

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consumer prices

CNBC

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French inflation cools sharply in September after drop in energy prices, transport costs

Summary

Nutrition label

89% Informative

Harmonized consumer prices in the euro zone's second -largest economy came in at 1.5% in September , down from 2.2% in August .

The reading is likely to ramp up pressure on European Central Bank policymakers to take measures to stimulate the broader economy.

The sharp drop in inflation reflects a marked fall in energy prices, particularly those of petroleum products, as well as the seasonal effect of the fall in transport costs.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful