FX.co ★ French HICP Rebounds in October, Snapping Deflationary Move

France’s Harmonised Index of Consumer Prices (HICP) moved back into positive territory in October 2026, rising 0.4% month-over-month after a 0.3% decline in September. The turnaround follows a brief bout of negative price momentum and suggests a stabilization in consumer prices heading into the final quarter of the year.

The shift from -0.3% in September to 0.4% in October, based on data updated on 30 October 2026, marks a clear month-on-month improvement in inflation dynamics. Measured on a month-over-month basis, the indicator now reflects a renewed increase in prices compared with the previous month, reversing the downward move seen when September’s data were compared with August.