Inflation over one year reaches 3%, according to provisional data from Insee
According to the Insee, this new increase in inflation is due to the acceleration of the rise in energy prices (+21.2% in September compared to +16.7%) and fresh products (+9.9% compared to +5.9% in August). The wave of inflation is mainly explained by the outbreak of war in Iran and the blocking of the Strait of Ormuz.
We haven't written up this one. Le Monde Economie has the full story — the link below goes straight to it.
