France October inflation accelerates as energy prices surge, keeping ECB rate hike bets alive

What we know so far

investingLive (Nov 13, 13:47): France October final CPI +3.4% vs +3.4% y/y prelimPrior +3.1%France October final HICP +3.7% vs +3.8% y/y prelimPrior +3.4%The final report here confirms a further acceleration in French inflation pressures to start the final quarter of the year. That owes much to another jump in energy prices, which climbed by another 1.9% on the month and are up by 24.1%…