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In better news from France, inflation has fallen… and by more than expected.
Over the last year, the Consumer Price Index (CPI) is estimated to have risen by 3.4% in November 2023, down from 4.0% in October, French stats body INSEE says.
The purchasing power of households gross disposable income (GDI) per consumption unit fell slightly (-0.2%) after remaining stable in the previous quarter. The household saving rate fell this quarter to 17.4% of GDI, after 17.9% in the previous quarter.