Latest data released by INSEE - 15 October 2020

  • CPI -0.5% vs -0.5% m/m prelim
  • HICP 0.0% vs 0.0% y/y prelim
  • HICP -0.6% vs -0.6% m/m prelim

The preliminary release can be found here. A slight revision lower in headline annual inflation is the only change relative to the initial report, but it doesn't tell us anything new.

Inflation pressures are subdued in September across the region and that continues to keep the ECB on their toes as the threat of deflation starts to creep in ahead of the year-end.