In November 2018, the Consumer Prices Index (CPI) fell back by 0.2% over a month, after a 0.1% rebound in October. This downturn resulted from that in services prices (−0.3% after a stability in October) and in energy prices (−0.7% after +1.8%). Food prices dropped by 0.2%, as in the previous month, the downturn in fresh food prices being offset by higher prices in other food products. Contrariwise, manufactured product prices rose by 0.1% over a month after a stability in October.

Seasonally adjusted, consumer prices edged down by 0.1% over a month, after a 0.1% increase in October.

Year on year, consumer prices increased by 1.9% in November, after +2.2% in October. This drop in inflation came from a year-on-year slowdown in energy, services, food and tobacco prices, which was barely offset by a lesser fall in manufactured product prices.