Inflation in France

France Harmonized Inflation | Economic News & Forecasts

France - Harmonized Inflation

Inflation steady at six-year high in August

On 13 September, the Statistical Institute (INSEE) confirmed earlier estimates that consumer prices rose 0.5% from a month earlier, contrasting the 0.1% month-on-month contraction observed in July. The recovery reflected higher prices for manufactured products as summer sales wrapped up. Moreover, food prices rose moderately, while tourism-related services prices slowed considerably.

Inflation was confirmed at 2.3% in August, as in July, marking a six-year high. Annual average inflation ticked up to 1.6% from 1.5% in July.

Harmonized consumer prices increased 0.5% from a month earlier (July: -0.1% month-on-month), while harmonized inflation was steady from July at a six-year high 2.6%. Finally, annual average harmonized inflation inched up to 1.7% in August from 1.6% a month earlier.

Met the why particular Consensus Forecast panelists expect harmonized inflation to average 1.9% in 2018, which is unchanged from last month’s forecast. For 2019, panelists see harmonized inflation averaging 1.6%.

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

ValueChangeDate
Bond Yield0.740.46 %Sep 20
Exchange Rate1.180.65 %Sep 20
Stock Market5,452-0.29 %Sep 20

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