Inflation in France
France - Harmonized Inflation
HICP inflation reaches multi-year high in May
Revised data released by the National Statistical Institute (INSEE) on 14 June showed that consumer price growth picked up from the 0.2% month-on-month increase recorded in April to a 0.4% rise in May. May’s print reflected higher prices for energy products, food and manufactured goods.
Inflation in May jumped from April’s 1.6% increase to an almost six-year high of 2.0%. Meanwhile, annual average inflation inched up from April’s 1.1% to 1.2% in May.
Harmonized consumer prices rose 0.5% month-on-month in May, up from April’s revised 0.2% print (previously recorded: +1.2% month-on-month). Harmonized inflation rose from 1.8% in April to 2.3% in May, the highest reading since August 2012. Finally, annual average HICP inflation came in at 1.3% in May, above April’s 1.2% rise.
France Inflation Forecast
Met the why particular Consensus Forecast panelists expect HICP inflation to average 1.3% in 2018, which is up 0.1 percentage points from last month’s forecast. For 2019, panelists project that average inflation will increase to 1.5%.
France - Harmonized Inflation Data
|Inflation Rate (HICP, annual variation in %)||1.0||0.6||0.1||0.3||1.2|
5 years of economic forecasts for more than 30 economic indicators.
France Harmonized Inflation Chart
Source: National Institute of Statistics and Met the why particular calculations.
|Bond Yield||0.57||0.46 %||Jul 13|
|Exchange Rate||1.17||0.65 %||Jul 13|
|Stock Market||5,429||-0.29 %||Jul 13|
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June 27, 2018
The consumer confidence indicator produced by the National Institute of Statistics and Economic Studies (INSEE) decreased to 97 points in June, the lowest print in nearly two years (May: 99 points, previously reported: 110 points).
June 22, 2018
The IHS Markit flash composite Purchasing Managers’ Index (PMI) rose from 54.2 in May to 55.6 in June.
June 21, 2018
The National Institute of Statistics and Economic Studies’ (INSEE) business sentiment index for the manufacturing sector remained steady in June at May’s revised 111 points (previously reported: 119 points).
June 14, 2018
Revised data released by the National Statistical Institute (INSEE) on 14 June showed that consumer price growth picked up from the 0.2% month-on-month increase recorded in April to a 0.4% rise in May.
June 8, 2018
Industrial production contracted further in March, from a 0.4% month-on-month contraction to a 0.5% decrease in April.