France Link

France drifts into deflation

France's INSEE agency said core inflation fell to -0.2pc in November in clearest sign yet that economy is succumbing to deflationary forces.

Reading articles is for subscribers only. Login

France is sliding into a deflationary vortex as manufacturers slash prices to keep market share, intensifying pressure on the European Central Bank to take drastic action before it is too late, reports The Telegraph.

1€ for 15 days

Can be canceled online at any time

I subscribe

Only our readers can buy us

Support a 100% independent newspaper: without subsidies, without advertising, without shareholders

Get your information from a trusted source

Get exclusive access to revelations from an investigative journal

Already subscribed ?

Forgot password ?

See Journal’s homepage