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France Inflation Almost Doubles in March
The annual inflation rate in France jumped to 1.7% in March 2026, its highest level since January 2025, up from 0.9% in February and slightly above expectations of 1.6%, according to preliminary estimates. The increase was largely driven by a strong rebound in energy prices, which rose for the first time since early 2025 (+7.3% vs -2.9% in February), particularly for petroleum products, reflecting the impact of the war with Iran. Service prices also edged higher (1.7% vs 1.6%), as did tobacco prices (3.2% vs 3%). In contrast, prices for manufactured goods declined at a faster pace than in February (-0.6% vs -0.2%), while food price inflation eased slightly (1.8% vs 2%). Compared to the previous month, the CPI went up 0.9%, the most since February 2024, also due to energy. Meanwhile, the EU-harmonised CPI increased 1.9% on the year, the highest reading since August 2024, and 1.1% on the month, the biggest jump since August 2023.
Published on 2026-03-31

France Inflation Almost Doubles in March
The annual inflation rate in France jumped to 1.7% in March 2026, its highest level since January 2025, up from 0.9% in February and slightly above expectations of 1.6%, according to preliminary estimates. The increase was largely driven by a strong rebound in energy prices, which rose for the first time since early 2025 (+7.3% vs -2.9% in February), particularly for petroleum products, reflecting the impact of the war with Iran. Service prices also edged higher (1.7% vs 1.6%), as did tobacco prices (3.2% vs 3%). In contrast, prices for manufactured goods declined at a faster pace than in February (-0.6% vs -0.2%), while food price inflation eased slightly (1.8% vs 2%). Compared to the previous month, the CPI went up 0.9%, the most since February 2024, also due to energy.
Published on 2026-03-31

France Inflation Almost Doubles in March
The annual inflation rate in France jumped to 1.7% in March 2026, its highest level since January 2025, up from 0.9% in February and slightly above expectations of 1.6%, according to preliminary estimates. The increase was largely driven by a strong rebound in energy prices, which rose for the first time since early 2025 (+7.3% vs -2.9% in February), particularly for petroleum products, reflecting the impact of the war with Iran. Service prices also edged higher (1.7% vs 1.6%), as did tobacco prices (3.2% vs 3%). In contrast, prices for manufactured goods declined at a faster pace than in February (-0.6% vs -0.2%), while food price inflation eased slightly (1.8% vs 2%). Compared to the previous month, the CPI went up 0.9%, the most since February 2024, also due to energy. Meanwhile, the EU-harmonised CPI increased 1.9% on the year, the highest reading since August 2024, and 1.1% on the month, the biggest jump since August 2023.
Published on 2026-03-31

France Inflation Almost Doubles in March
The annual inflation rate in France jumped to 1.7% in March 2026, its highest level since January 2025, up from 0.9% in February and slightly above expectations of 1.6%, according to preliminary estimates. The increase was largely driven by a strong rebound in energy prices, which rose for the first time since early 2025 (+7.3% vs -2.9% in February), particularly for petroleum products, reflecting the impact of the war with Iran. Service prices also edged higher (1.7% vs 1.6%), as did tobacco prices (3.2% vs 3%). In contrast, prices for manufactured goods declined at a faster pace than in February (-0.6% vs -0.2%), while food price inflation eased slightly (1.8% vs 2%). Compared to the previous month, the CPI went up 0.9%, the most since February 2024, also due to energy. Meanwhile, the EU-harmonised CPI increased 1.9% on the year, the highest reading since August 2024, and 1.1% on the month, the biggest jump since August 2023.
Published on 2026-03-31

France February Inflation Revised to 0.9%
France’s annual inflation rate accelerated to 0.9% in February 2026 from 0.3% in January, but was revised lower from initial estimates of 1%. The slight pickup reflected a moderation in the decline of energy prices (-3.0% vs -7.6% in January) due to a base effect linked to electricity prices, which had fallen sharply in February 2025. Manufactured goods prices also fell at a slower pace (-0.3% vs -1.2%), while food inflation increased to 2.1% from 1.9%, with fresh food surging 3.1%. Services inflation edged up to 1.8% from 1.7%, and tobacco prices rose 3.0% from 2.7%. On a monthly basis, the CPI rose 0.7% in February after a 0.3% drop in January, driven by seasonal rebounds in transport services and the end of clothing and footwear sales. Energy, food, and tobacco prices also contributed to the monthly gain. The EU-harmonised CPI rose 1.1% year-on-year, up from 0.4% in January, while the monthly HICP increased 0.8% after a 0.4% decline in the previous period.
Published on 2026-03-13

France February Inflation Revised to 0.9%
France’s annual inflation rate accelerated to 0.9% in February 2026 from 0.3% in January, but was revised lower from initial estimates of 1%. The pickup reflected a moderation in the decline of energy prices (-3.0% vs -7.6% in January) due to a base effect linked to electricity prices, which had fallen sharply in February last year. Manufactured goods prices also fell at a slower pace (-0.3% vs -1.2%), while food inflation increased to 2.1% from 1.9%, with fresh food surging 3.1%. Services inflation edged up to 1.8% from 1.7%, and tobacco prices rose 3.0% from 2.7%. On a monthly basis, the CPI rose 0.7% in February after a 0.3% drop in January, driven by seasonal rebounds in transport services and the end of clothing and footwear sales. Energy, food, and tobacco prices also contributed to the monthly gain. The EU-harmonised CPI rose 1.1% year-on-year, up from 0.4% in January, while the monthly HICP increased 0.8% after a 0.4% decline in the previous period.
Published on 2026-03-13

France February Inflation Revised to 0.9%
France’s annual inflation picked up to 0.9% in February 2026 from 0.3% in January, but was revised lower from initial estimates of 1%. The rise reflected a moderation in energy price declines (-2.9% vs -7.6%), driven by a base effect on electricity (-3.6% after -14.6%) and smaller drops in petroleum products. Manufactured goods prices fell slightly (-0.2% vs -1.2%), with clothing and footwear up 1.5%. Food inflation accelerated to 2% from 1.9%, led by fresh products (+1.8%), fruits and vegetables (+19.8%), and meat (+3.4%). Tobacco rose 3.0% from 2.7%, while services slowed to 1.6% from 1.7%. Annual core inflation came at 0.9%. On a monthly basis, the CPI rose 0.6% after a 0.3% decline in January, driven by seasonal rebounds in transport (+4.1%) and manufactured goods (+1.4%), including the end of clothing and footwear sales (+5.9%). The EU-harmonised CPI rose 1.1% year-on-year, after 0.4% in January, while the monthly HICP increased 0.7% after a 0.4% decline.
Published on 2026-03-13

France February Inflation Revised to 0.9%
France’s annual inflation picked up to 0.9% in February 2026 from 0.3% in January, but was revised lower from initial estimates of 1%. The rise reflected a moderation in energy price declines (-2.9% vs -7.6%), driven by a base effect on electricity (-3.6% after -14.6%) and smaller drops in petroleum products. Manufactured goods prices also fell slightly (-0.2% vs -1.2%). Meanwhile, food inflation accelerated to 2% from 1.9%, led by fresh products (+1.8%), fruits and vegetables (+19.8%), and meat (+3.4%). Tobacco rose 3.0% from 2.7%, while services slowed to 1.6% from 1.7%. Annual core inflation came at 0.9%. On a monthly basis, the CPI rose 0.6% after a 0.3% decline in January, driven by seasonal rebounds in transport (+4.1%) and manufactured goods (+1.4%), including the end of clothing and footwear sales (+5.9%). The EU-harmonised CPI rose 1.1% year-on-year, after 0.4% in January, while the monthly HICP increased 0.7% after a 0.4% decline.
Published on 2026-03-13

France Inflation Rate Rises from 5-Year Low
France’s annual inflation rate accelerated to 1% in February 2026, up from 0.3% in January which was the lowest reading since December 2020, and above market expectations of 0.8%, according to preliminary estimates. The rebound was partly driven by a more moderate decline in energy prices (-3% compared with -7.6% in January), reflecting a base effect linked to electricity prices, which had fallen sharply in February 2025. Meanwhile, prices of manufactured goods declined at a slower pace (-0.3% versus -1.2%). At the same time, food price inflation accelerated to 2.1% (from 1.9%), while services inflation edged up to 1.8% (from 1.7%) and tobacco prices rose at a faster annual rate of 3.0% (from 2.7%). Compared to the previous month, the CPI went up 0.7%, after a 0.3% gain in January. Considering the EU-harmonised CPI, the annual inflation went up to 1.1% from 0.4%, much higher than forecasts of 0.7%.
Published on 2026-02-27

France Inflation Rate Rises from 5-Year Low
France’s annual inflation rate accelerated to 1% in February 2026, up from 0.3% in January which was the lowest reading since December 2020, and above market expectations of 0.8%, according to preliminary estimates. The rebound was partly driven by a more moderate decline in energy prices (-3% compared with -7.6% in January), reflecting a base effect linked to electricity prices, which had fallen sharply in February 2025. Meanwhile, prices of manufactured goods declined at a slower pace (-0.3% vs -1.2%). At the same time, food price inflation accelerated to a two-year high of 2.1% (from 1.9%), while services inflation edged up to 1.8% (from 1.7%) and tobacco prices rose at a faster annual rate of 3% (from 2.7%). Compared to the previous month, the CPI went up 0.7%, the most in two years, after a 0.3% gain in January. Considering the EU-harmonised CPI, the annual inflation went up to 1.1% from 0.4%, much higher than forecasts of 0.7%.
Published on 2026-02-27

France Inflation Rate Rises from 5-Year Low
France’s annual inflation rate accelerated to 1% in February 2026, up from 0.3% in January which was the lowest reading since December 2020, and above market expectations of 0.8%, according to preliminary estimates. The rebound was partly driven by a more moderate decline in energy prices (-3% compared with -7.6% in January), reflecting a base effect linked to electricity prices, which had fallen sharply in February 2025. Meanwhile, prices of manufactured goods declined at a slower pace (-0.3% vs -1.2%). At the same time, food price inflation accelerated to a two-year high of 2.1% (from 1.9%), while services inflation edged up to 1.8% (from 1.7%) and tobacco prices rose at a faster annual rate of 3% (from 2.7%). Compared to the previous month, the CPI went up 0.7%, the most in two years, after a 0.3% gain in January. Considering the EU-harmonised CPI, the annual inflation went up to 1.1% from 0.4%, much higher than forecasts of 0.7%.
Published on 2026-02-27

France Inflation Rate Rises from 5-Year Low
France’s annual inflation rate accelerated to 1% in February 2026, up from 0.3% in January which was the lowest reading since December 2020, and above market expectations of 0.8%, according to preliminary estimates. The rebound was partly driven by a more moderate decline in energy prices (-3% compared with -7.6% in January), reflecting a base effect linked to electricity prices, which had fallen sharply in February 2025. Meanwhile, prices of manufactured goods declined at a slower pace (-0.3% vs -1.2%). At the same time, food price inflation accelerated to 2.1% (from 1.9%), while services inflation edged up to 1.8% (from 1.7%) and tobacco prices rose at a faster annual rate of 3% (from 2.7%). Compared to the previous month, the CPI went up 0.7%, after a 0.3% gain in January. Considering the EU-harmonised CPI, the annual inflation went up to 1.1% from 0.4%, much higher than forecasts of 0.7%.
Published on 2026-02-27

France Inflation Rate Rises from 5-Year Low
France’s annual inflation rate accelerated to 1% in February 2026, up from 0.3% in January which was the lowest reading since December 2020, and above market expectations of 0.8%, according to preliminary estimates. The rebound was partly driven by a more moderate decline in energy prices (-3% compared with -7.6% in January), reflecting a base effect linked to electricity prices, which had fallen sharply in February 2025. Meanwhile, prices of manufactured goods declined at a slower pace (-0.3% vs -1.2%). At the same time, food price inflation accelerated to 2.1% (from 1.9%), while services inflation edged up to 1.8% (from 1.7%) and tobacco prices rose at a faster annual rate of 3% (from 2.7%). Compared to the previous month, the CPI went up 0.7%, the most in two years, after a 0.3% gain in January. Considering the EU-harmonised CPI, the annual inflation went up to 1.1% from 0.4%, much higher than forecasts of 0.7%.
Published on 2026-02-27

France Inflation Rate Confirmed at 5-Year Low
France’s annual inflation rate eased to 0.3% in January 2026, down from 0.8% in December, confirming preliminary estimates. This marked the lowest reading since December 2020, driven mainly by a sharper fall in energy prices (-7.6% vs -6.8% in December) and deeper declines in manufactured goods (-1.2% vs -0.4%). Price growth also moderated for services (1.7% vs 2.1%) and tobacco (2.7% vs 4.1%). In contrast, food price inflation accelerated to 1.9% from 1.7%, supported by higher prices for fresh vegetables, citrus fruits, and meat. Meanwhile, core inflation fell to 0.7% from 1.1%. On a monthly basis, consumer prices declined 0.3% after rising 0.1% in December, with seasonal discounts in clothing and footwear contributing to the drop. In EU-harmonised terms, inflation slowed to 0.4% year-on-year, while prices fell 0.4% month-on-month.
Published on 2026-02-18

France Inflation Rate Lowest Since 2020
France’s annual inflation rate slowed to 0.3% in January 2026, the lowest since late 2020, down from 0.8% in December and below expectations of 0.6%, according to preliminary estimates. The deceleration was mainly driven by a decline in manufactured goods prices (-1.2% vs -0.4%), largely reflecting price cuts in clothing and footwear. The data collection period covered 18 days of winter sales, up from 13 days in January 2025. Service price inflation also eased (1.8% vs 2.1%), particularly in healthcare, as increases in doctors’ fees were more limited than last year. Energy prices fell at a faster pace (-7.8% vs -6.8%), while tobacco prices rose more slowly due to base effects (2.8% vs 4.1%). By contrast, food price inflation edged slightly higher (1.9% vs 1.7%). On a month-on-month basis, the CPI fell by 0.3%, reversing a 0.1% increase in December and exceeding expectations of a 0.1% decline. Considering the EU-harmonised CPI, prices rose 0.4% on the year and fell 0.4% on the month.
Published on 2026-02-03

France Inflation Rate Lowest Since 2020
France’s annual inflation rate slowed to 0.3% in January 2026, the lowest since late 2020, down from 0.8% in December and below expectations of 0.6%, according to preliminary estimates. The deceleration was mainly driven by a decline in manufactured goods prices (-1.2% vs -0.4%), largely reflecting price cuts in clothing and footwear. The data collection period covered 18 days of winter sales, up from 13 days in January 2025. Service price inflation also eased (1.8% vs 2.1%), particularly in healthcare, as increases in doctors’ fees were more limited than last year. Energy prices fell at a faster pace (-7.8% vs -6.8%), while tobacco prices rose more slowly due to base effects (2.8% vs 4.1%). By contrast, food price inflation edged slightly higher (1.9% vs 1.7%). On a month-on-month basis, the CPI fell by 0.3%, reversing a 0.1% increase in December and exceeding expectations of a 0.1% decline. Considering the EU-harmonised CPI, prices rose 0.4% on the year and fell 0.4% on the month.
Published on 2026-02-03

France Inflation Rate Confirmed at 0.8%
France’s annual inflation rate eased to 0.8% in December 2025, its lowest level in seven months, down from 0.9% in each of the previous two months and in line with the preliminary estimate. The modest slowdown was primarily driven by a sharper year-on-year decline in energy prices (-6.8% vs -4.6%). Service price inflation also moderated slightly (+2.1% vs +2.2%). In contrast, food price inflation accelerated (+1.7% vs +1.4%), while prices of manufactured goods fell at a less pronounced pace (-0.4% vs -0.6%). Tobacco prices continued to rise at an unchanged annual rate of +4.1%. Meanwhile, core inflation edged up to 1.1% from 1.0%. On a monthly basis, consumer prices increased by 0.1%, rebounding from a 0.2% decline in November. In EU-harmonised terms, inflation slowed to 0.7% year on year, while prices rose by 0.1% month-over-month, in line with the initial reading.
Published on 2026-01-15

France Inflation Rate Unexpectedly Slows
France’s annual inflation rate fell to 0.8% in December 2025, its lowest level in seven months, down from 0.9% in each of the previous two months and below expectations of 0.9%, according to preliminary estimates. The easing in inflation was mainly driven by a sharper decline in energy prices (-6.8% vs -4.6%), particularly for petroleum products. By contrast, food price inflation accelerated (1.7% vs 1.4%), largely reflecting higher prices for fresh products. Prices of manufactured goods continued to decline, albeit at a slower pace (-0.4% vs -0.6%), while inflation in services (2.2%) and tobacco (4.1%) remained unchanged. On a month-on-month basis, consumer prices edged up by 0.1% after a 0.2% decline in November, undershooting expectations of a 0.2% increase. The rise was driven by a seasonal rebound in service prices, particularly in transport. In EU-harmonised terms, inflation fell to 0.7% year on year, below forecasts of 0.8%, while prices rose by 0.1% month-over-month.
Published on 2026-01-06

France Inflation Rate Unexpectedly Slows
France’s annual inflation rate fell to 0.8% in December 2025, its lowest level in seven months, down from 0.9% in each of the previous two months and below expectations of 0.9%, according to preliminary estimates. The easing in inflation was mainly driven by a sharper decline in energy prices (-6.8% vs -4.6%), particularly for petroleum products. By contrast, food price inflation accelerated (1.7% vs 1.4%), largely reflecting higher prices for fresh products. Prices of manufactured goods continued to decline, albeit at a slower pace (-0.4% vs -0.6%), while inflation in services (2.2%) and tobacco (4.1%) remained unchanged. On a month-on-month basis, consumer prices edged up by 0.1% after a 0.2% decline in November, undershooting expectations of a 0.2% increase. The rise was driven by a seasonal rebound in service prices, particularly in transport. In EU-harmonised terms, inflation fell to 0.7% year on year, below forecasts of 0.8%, while prices rose by 0.1% month-over-month.
Published on 2026-01-06

France Inflation Rate Confirmed at 0.9%
France’s annual inflation rate stood at 0.9% in November 2025, unchanged from October and in line with the preliminary estimate. There was a slowdown in service prices (+2.2% after +2.4%), notably in accommodation services (0.8%), in various services related to private vehicles (2.2%), and in vehicle maintenance and repair (2.4%). Manufactured goods prices posted a slightly sharper decline (-0.6%), driven mainly by lower prices for large household appliances (-3.3%) and for games, toys and hobbies (-1%). In contrast, energy prices fell at a slower pace (-4.6%) and food inflation ticked up slightly (1.4%), with notable increases in meat (2.5%), sugar, jam, honey, chocolate (5.3%), non-alcoholic beverages (9.5%), and milk, cheese and eggs (0.8%). Tobacco prices continued to rise at 4.1%. On a monthly basis, the CPI fell by 0.2%, slightly more than the initial estimate of a 0.1% decline. The EU-harmonised CPI rose 0.8% year-on-year and decreased 0.2% from the previous month.
Published on 2025-12-12