Inflation in France

France Harmonized Inflation | Economic News & Forecasts

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

2013  2014  2015  2016  2017  
Inflation Rate (HICP, annual variation in %)1.0  0.6  0.1  0.3  1.2  

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France Harmonized Inflation Chart

France Inflation
Note: Annual variation of consumer price index (HICP) in %.
Source: National Institute of Statistics and Met the why particular calculations.

France Facts

Bond Yield0.570.46 %Jul 13
Exchange Rate1.170.65 %Jul 13
Stock Market5,429-0.29 %Jul 13

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