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Data from European Central Bank. Forecasts by Sigmanomics Forecast Engine.
FranceFrance France HICP All Items YoY held to 0.7 Percent in November 2025
European Central BankMonthlyReleased December 2025
France France HICP All Items YoY held to 0.7 Percent in November 2025, released December 2025.
Latest Release
0.700000
Actual
—
Consensus
0.700000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/JPY | ▲ Direct | +0.89 | FOREX | Bullish EUR | → View |
| BTC/USD | ▼ Inverse | −0.32 | CRYPTO | Bearish BTC | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
France HICP All Items YoY (France) was reported at 0.70 Percent in November 2025. The reading was unchanged from the previous release. Over the past 12 months, the indicator has averaged 0.85 Percent, ranging from 0.70 Percent to 1.10 Percent across 6 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 0.77 Percent, down from the prior three at 0.93 Percent. Volatility over the past year (σ 0.13 Percent) is lower than the prior year (σ 0.60 Percent). In December readings over the past 3 years, France HICP All Items YoY has averaged 2.20 Percent.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/JPY (Bullish EUR). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Business Confidence (Jun 23) and S&P Global Manufacturing PMI (Jun 23).
Auto-generated from current model state · Refreshes on each release · Last update December 2025.
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France HICP All Items YoY - FR
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About France HICP All Items YoY — France
DEFINITION
France HICP All Items YoY inflation slowed to 0.7% in November 2025, down from October’s 0.8%, marking the lowest annual pace since May. This decline continues the trend of subdued inflation well below the ECB’s 2% target, reflecting persistent disinflationary pressures. French government bonds saw modest buying on the release, reinforcing expectations for a prolonged period of low rates. Updated 4/3/26
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Dec 2025): actual 0.7 Percent. Prior reading (Nov 2025): 0.8 Percent. Before that (Oct 2025): 0.8 Percent.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with EUR/JPY (Bullish EUR, r=0.89) — a useful reference for forex-focused traders.