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France Inflation Rate Eases to 0.4%
The annual inflation rate in France edged down to 0.4 percent from 0.6 percent in February, compared to market forecasts of 0.3 percent, preliminary estimates showed. Prices of manufactured goods fell (-0.5 percent vs 0.8 percent) and cost grew less for services (0.7 percent vs 0.8 percent) and food (0.8 percent vs 1 percent). Prices for tobacco were little changed (12.8 percent vs 12.7 percent) and cost of energy declined at a slower pace (-1.7 percent vs -5.8 percent). On a monthly basis, consumer prices edged down 0.1 percent. The harmonised index rose 0.7 percent on the year and 0.3 percent on the month.
Published on 2021-02-26

France January Inflation Rate Confirmed at 6-Month High
The annual inflation rate in France increased to 0.6 percent in January of 2021 from a flat reading in December, in line with preliminary estimates. It was the highest inflation rate since July, as prices rose faster for both services (0.8 percent vs 0.7 percent in December) and tobacco (12.7 percent vs 12.5 percent). At the same time, the cost of manufactured goods rebounded sharply (0.8 percent vs -0.9 percent), due to the offset of winter sales. Also, energy prices decreased at a softer pace (-5.8 percent vs -7.0 percent) in the wake of petroleum product prices. Meanwhile, food inflation remained steady (at 1 percent). On a monthly basis, consumer prices went up 0.2 percent, the same pace as in December and also in line with early figures. The harmonized index increased an annual 0.8 percent and 0.3 percent on a monthly basis.
Published on 2021-02-19

France Inflation Rate at 6-Month High
Annual inflation rate in France increased to 0.6 percent in January of 2021 from a flat reading in December, beating market forecasts of 0.4 percent. It is the highest inflation rate since July of 2020, preliminary estimates showed. Main upward pressure came from higher prices of services (0.9 percent vs 0.7 percent) and tobacco (12.7 percent vs 12.5 percent) and a rebound in cost of manufactured goods (1 percent vs -0.9 percent), due to the offset of winter sales. On a monthly basis, consumer prices are seen rising 0.2 percent.
Published on 2021-02-02

Consumer Prices in France Stall
Consumer prices in France were flat year-on-year in December of 2020, in line with preliminary estimates. Food inflation slowed (1 percent vs 2 percent) and prices of manufactured goods decreased faster (-0.9 percent after -0.3 percent). Cost of services (0.7 percent) and tobacco (12.5 percent) increased at the same rate as in November and prices of energy were down slightly less (-7 percent after -7.8 percent). On a monthly basis, consumer prices went up 0.2 percent, also in line with early figures. The harmonized index also remained unchanged on a yearly basis and increased 0.2 percent on the month.
Published on 2021-01-15

Consumer Prices in France Flat in December
Consumer prices in France were flat year-on-year in December of 2020, following a 0.2 percent rise in the previous month and compared to forecasts of 0.2 percent, preliminary estimates showed. Food prices increased less (1.1 percent vs 2 percent) and those of manufactured goods fell more (-1 percent vs -0.3 percent). Also, prices of tobacco rose 12.5 percent, the same as in the previous month and energy cost declined slightly less (-7 percent vs -7.8 percent). On a monthly basis, consumer prices edged up 0.2 percent, the same as in November. The harmonized index also went up 0.2 percent n the month and was flat on the year.
Published on 2021-01-06

France Inflation Rate Confirmed at 0.2%
Annual inflation rate in France increased to 0.2 percent in November of 2020, following a flat reading in each of the previous two months and in line with preliminary estimates. Cost rose faster for services (0.7 percent vs 0.4 percent), mainly due to a rebound in cost of mobile phone services and food (2 percent after 1.5 percent), namely fresh fruits and vegetables and energy prices fell at the same pace (-7.8 percent). In addition, prices of tobacco slowed (12.5 percent vs 13.7 percent) and those of manufactured goods decreased more sharply (-0.3 percent vs –0.1 percent). On a monthly basis, consumer prices increased 0.2 percent, matching preliminary estimates. The harmonized index also increased an annual 0.2 percent and 0.2 percent on a monthly basis.
Published on 2020-12-15

French Consumer Prices Rebound in November
France's consumer prices are expected to increase by 0.2 percent from a year earlier in November 2020, after being unchanged in the previous two months and slightly beating market expectations of 0.1 percent, a preliminary estimate showed. Prices should rise at a faster pace for services and food, and energy cost is set to fall again. Also, tobacco inflation is expected to slow, while manufactured goods price deflation should deepen. On a monthly basis, consumer prices are seen rising by 0.2 percent.
Published on 2020-11-27

France Consumer Prices Flat in October
Consumer prices in France were flat on a yearly basis in October of 2020, the same as in September and in line with preliminary estimates. Prices of services slowed (0.4 percent vs 0.6 percent), offsetting a rise in food cost (1.5 percent vs 0.9 percent) and smaller decreases in energy (-7.8 percent vs -8 percent) and manufactured goods (-0.1 percent vs -0.2 percent). On a monthly basis, consumer prices were also unchanged. The harmonized index was unchanged compared to the previous month and edged up 0.1 percent from October of 2019.
Published on 2020-11-13

France Inflation Rate Stalls Again in October
Consumer prices in France stalled again on a yearly basis in October, the same as in September, according to preliminary estimates. Food prices rose faster (1.5 percent vs 0.9 percent) while cost of services slowed (0.3 percent vs 0.6 percent) and tobacco prices increased at the same pace as in September (13.7 percent). Meanwhile, cost continued to decline for energy (-7.7 percent vs -8 percent) and manufactured products (-0.1 percent vs -0.2 percent). On a monthly basis, consumer prices edged down 0.1 percent after falling 0.5 percent in September. The harmonized index likely stalled on a yearly basis and declined 0.1 percent on a monthly one.
Published on 2020-10-30

France Inflation Rate Stalls in September
Consumer prices in France stalled on a yearly basis in September of 2020, revised lower from a preliminary estimate of a 0.1 percent rise and the lowest rate since May of 2016. Prices of services (0.6 percent vs 0.9 percent in August) and tobacco (13.7 percent) slowed and energy cost plunged (-8 percent vs -7.1 percent). Meanwhile, inflation for food was stable (0.9 percent) and manufactured products declined 0.2 percent, the same as in August. On a monthly basis, consumer prices went down 0.5 percent, in line with the preliminary estimate, and the biggest monthly drop since January of 2016. The harmonized index was unchanged on a yearly basis and the monthly one fell 0.6 percent.
Published on 2020-10-15

France Inflation Rate Lowest since 2016
Consumer prices in France are seen edging up 0.1 percent year-on-year in September of 2020, below 0.2 percent in August, preliminary figures showed. It is the lowest inflation rate since a flat reading in May of 2016, amid a slowdown in prices of services and a fall in energy cost. Prices of manufactured products should decline at the same pace as in August and food inflation should remain unchanged. On a monthly basis, consumer prices went down 0.5 percent, the biggest fall since January of 2016.
Published on 2020-09-30

France Inflation Rate Confirmed at 0.2%
Annual inflation rate in France eased to 0.2 percent in August of 2020 from 0.8 percent in July, matching preliminary estimates. The biggest downward pressure came from prices of manufactured products (-0.2 percent), namely clothing and footwear (-1.7 percent) and health products (-2 percent), linked to the lag in summer sales. Food inflation also slowed to the lowest since February of 2018 (0.9 percent). On the other hand, energy prices fell at a slower pace (-7.1 percent). On a monthly basis, consumer prices were down 0.1 percent. The harmonized index also gained 0.2 percent on the year and declined 0.1 percent on the month.
Published on 2020-09-15

France Inflation Rate Seen Falling to 0.2%
Annual inflation rate in France is seen falling to 0.2 percent in August of 2020 from 0.8 percent in July, preliminary estimates showed. The slowdown is mainly due to a downturn in prices of manufactured products (-0.2 percent vs 1.8 percent), linked to the postponed summer sales, and food prices (0.8 percent vs 1.1 percent). In contract, energy prices should fall less (-7.1 percent vs -7.4 percent). Finally, the prices of services (0.9 percent) and tobacco (13.8 percent) should rise at the same pace as in the previous month. On a monthly basis, consumer prices are seen falling 0.1 percent. The harmonised index is due to rise 0.2 percent on the year and fall 0.1 percent on the month.
Published on 2020-08-28

French Inflation Rate Recovers from 4-Year Low
France's inflation rate was confirmed at 0.8 percent year-on-year in July 2020, up from a four-year low of 0.2 percent in the previous month, amid signs of improvement in domestic demand following the easing of restrictions imposed to curb the coronavirus pandemic. There was a sharp rebound in manufactured products, linked to the postponed summer sales, and a smaller fall in energy prices. Contrariwise, food prices and, to a lesser extent, services and tobacco prices, rose at a slower pace.
Published on 2020-08-14

France Inflation Rate Highest in 5 Months
The inflation rate in France increased to 0.8 percent in July of 2020 from 0.2 percent in June, beating market forecasts of 0.3 percent, preliminary estimates showed. It is the highest reading since February as the economy tries to recover form the coronavirus pandemic. There was a rebound in cost of manufactured products (1.8 percent vs -1 percent), linked to the lag in summer sales, and energy prices fell less (-7.4 percent vs -9.3 percent). In contrast, prices of food (1.1 percent vs 2.6 percent), services (1 percent vs 1.1 percent) and tobacco (13.8 percent vs 13.9 percent) slowed. On a monthly basis, consumer prices went up 0.4 percent after a 0.1 percent rise in June.
Published on 2020-07-31

France Inflation Rate Revised Up to 0.2%
Annual inflation rate in France was revised higher to 0.2 percent in June of 2020 from a preliminary of 0.1 percent. Still, it is the lowest reading since August of 2016 and compares to 0.4 percent in the previous month. The lowest rate compared to May was mainly due to a slowdown in cost of services (1.1 percent vs 1.2 percent in May) and food (2.6 percent vs 3.5 percent) and a sharper drop in manufactured product prices (-1 percent vs -0.7 percent). In contrast, energy prices fell less (-9.3 percent vs -11 percent) and tobacco prices rose at the same pace as in the previous month (13.9 percent). On a monthly basis, consumer prices increased 0.1 percent, the same as in the previous period and compared to preliminary estimates of a 0.1 percent fall. The harmonized index also rose 0.2 percent on the year and 0.1 percent on the month.
Published on 2020-07-16

France Inflation Rate Lowest since 2016
Annual inflation rate in France is expected to slow to 0.1 percent in June of 2020 from 0.4 percent in May, reaching the lowest reading since deflation in 2016, preliminary estimates showed. The country started lifting its coronavirus restrictive measures on May 11th. Cost of services and food slowed and prices of manufactured products fell sharply. In contrast, energy prices should drop less than in May and tobacco prices are seen increasing at the same pace as in the previous month. On a month-over-month basis, consumer prices went down 0.1 percent after a 0.1 percent rise in May. The harmonized inflation is expected to slow to 0.1 percent from 0.4 percent and the monthly rate to fall to -0.1 percent from 0.2 percent.
Published on 2020-06-30

France Inflation Rate Revised Higher to 0.4%
Annual inflation rate in France was revised higher to 0.4 percent in May of 2020 from a preliminary of 0.2 percent and after a 0.3 percent rate in April. The slight increase in inflation came from higher prices of services (1.2 percent vs 0.6 percent in April) and tobacco (13.9 percent vs 13.7 percent) which were partly offset by a further decline in cost of energy (-11 percent vs -8.6 percent) and manufactured goods (-0.7 percent vs -0.5 percent) and a slowdown prices of food products (3.5 percent vs 3.7 percent). On a monthly basis, consumer prices edged up 0.1 percent, compared to initial estimates of a flat reading. The country started to slowly lift the 8-week coronavirus lockdown from mid-May. The harmonized index increased 0.2 percent on the month and 0.4 percent on the year, also higher than initial estimates of a flat reading and 0.2 percent respectively.
Published on 2020-06-12

France Inflation Rate Lowest since 2016
Annual inflation rate in France is seen edging down to 0.2 percent in May of 2020 from 0.3 percent in April, below forecasts of 0.3 percent, preliminary estimates showed. It is the lowest annual inflation rate since August of 2016, as the country remained under restrictive measures due to the coronavirus through May 11th when it started slowly easing restrictions. Cost of energy (-11 percent vs -8.6 percent in April) and manufactured goods (-0.7 percent vs -0.5 percent) fell faster and food prices eased (3.1 percent vs 3.7 percent). On the other hand, prices rose faster for tobacco (13.9 percent vs 13.7 percent) and services (1 percent vs 0.6 percent). On a monthly basis, consumer prices were flat. The harmonized index is seen edging up 0.2 percent on the year but being flat on the month.
Published on 2020-05-29

France Inflation Rate Revised Down to 0.3%
Consumer prices in France increased 0.3 percent year-on-year in April of 2020, slightly below an initial estimate of 0.4 percent, and the lowest inflation rate since August of 2016. Main downward pressure came from cost of energy (-8.6 percent) after a plunge in international oil prices in April and manufactured goods (-0.5 percent) as the country entered lockdown from March 16th and many businesses were forced to closed. Also, cost of services (0.6 percent) and tobacco (13.7 percent) slowed. On the other hand, food prices accelerated (3.7 percent, the highest rate since March of 2012). On a monthly basis, consumer prices were flat, below an initial estimate of a 0.1 percent gain.
Published on 2020-05-15