Consumer prices rose by 6.2% in November, according to the first estimate published by INSEE on Wednesday. Inflation shows the same progression as in October, but the rise in food prices is accelerating.
Is inflation stabilizing? Over one year, according to the provisional estimate made at the end of the month, consumer prices should increase by 6.2% in November 2022, like the previous month, notes INSEE in a first estimate this Wednesday, November 30. While energy prices have slowed their growth, food prices are accelerating (+12.2% over one year, against 12% in October).
According to other figures compiled by IRi, a specialized analysis company, inflation over the last 12 months in mass distribution, all types of brands combined, is 11.96% precisely in November 2022. Clearly, your full of shopping 150euros last year now costs you 168euros. The biggest increases concern frozen meats (+32.40%), toilet paper (+25.94%) or fresh minced meat (+24.69%).
Energy prices slow in November
For their part, the prices of services should increase over one year at a rate close to the previous month. With regard to energy, despite the reduction in fuel discounts, energy prices should slow down slightly in November, in particular due to the less dynamic prices of petroleum products, develops the Institute. Still according to INSEE, the harmonized consumer price index should increase by 7.1% over one year, as in October. Over one month, it would grow by 0.5%, after +1.2% the previous month.
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In another poll published in October by Panorabanques and Poll&Roll, the French polled calculated the impact on their portfolio at 112 euros per month. Additional expenses in particular linked mainly to the rise in the price of food (cited by 84% of the respondents), fuel (72%) and energy (63%).
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