The annual inflation rate in France was confirmed at 1.9 percent in August of 2021, following a 1.2 percent climb in July. It was the steepest increase in consumer prices since November of 2018, prompted by a rebound in cost of manufactured products (1.1 percent vs -1.1 percent in July) and the end of the summer sales. Upward pressure strengthened in prices of food (1.3 percent vs 0.9 percent), energy (12.7 percent vs 12.3 percent) and services (0.7 percent vs 0.6 percent). Meanwhile tobacco prices (5.1 percent) increased at the same rate as in July. The monthly inflation rate also jumped to 0.6 percent from 0.1 percent in July. The harmonised index climbed 2.4 percent on the year and 0.7 percent on the month, while annual underlying inflation hiked to 1.5 percent from 0.4 percent in July. source: INSEE, France

Inflation Rate in France averaged 4.25 percent from 1958 until 2021, reaching an all time high of 18.80 percent in April of 1958 and a record low of -0.70 percent in July of 2009. This page provides the latest reported value for - France Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Inflation Rate in France is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Inflation Rate is projected to trend around 1.40 percent in 2022 and 1.80 percent in 2023, according to our econometric models.

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France Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.90 1.20 18.80 -0.70 1958 - 2021 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-07-30 06:45 AM Inflation Rate YoY Prel Jul 1.2% 1.5% 1% 1.2%
2021-08-13 06:45 AM Inflation Rate YoY Final Jul 1.2% 1.5% 1.2% 1.2%
2021-08-31 06:45 AM Inflation Rate YoY Prel Aug 1.9% 1.2% 1.7% 1.6%
2021-09-15 06:45 AM Inflation Rate YoY Final Aug 1.9% 1.2% 1.9% 1.9%
2021-09-30 06:45 AM Inflation Rate YoY Prel Sep 1.9% 2.1%
2021-10-15 06:45 AM Inflation Rate YoY Final Sep 1.9%
2021-10-29 07:45 AM Inflation Rate YoY Prel Oct
2021-11-12 07:45 AM Inflation Rate YoY Final Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
France Inflation Rate Confirmed at Near 3-Year High
The annual inflation rate in France was confirmed at 1.9 percent in August of 2021, following a 1.2 percent climb in July. It was the steepest increase in consumer prices since November of 2018, prompted by a rebound in cost of manufactured products (1.1 percent vs -1.1 percent in July) and the end of the summer sales. Upward pressure strengthened in prices of food (1.3 percent vs 0.9 percent), energy (12.7 percent vs 12.3 percent) and services (0.7 percent vs 0.6 percent). Meanwhile tobacco prices (5.1 percent) increased at the same rate as in July. The monthly inflation rate also jumped to 0.6 percent from 0.1 percent in July. The harmonised index climbed 2.4 percent on the year and 0.7 percent on the month, while annual underlying inflation hiked to 1.5 percent from 0.4 percent in July.
2021-09-15
France Inflation Rate Highest since 2018
Annual inflation rate in France jumped to 1.9% in August of 2021 from 1.2% in July, and above market forecasts of 1.7%. It is the highest rate since November of 2018, preliminary figures showed, prompted by a rebound in cost of manufactured products (1.3% vs -1.1% in July) and the end of the summer sales. Cost of food (1.2% vs 0.9%), energy (12.7% vs 12.3%) and services (0.7% vs 0.6%) also accelerated while tobacco prices (5.1%) increased at the same rate as in July. The monthly inflation rate also jumped to 0.6% from 0.1% in July. The harmonised index likely increased 2.4% on the year and 0.7% on the month.
2021-08-31
French July Inflation Rate Confirmed at 1.2%
France's consumer price inflation rate was confirmed at 1.2 percent year-on-year in July 2021, down from the previous month's one-and-a-half-year high of 1.5 percent, mainly due to a decline in cost for manufactured goods (-1.1 percent vs 0.7 percent in June), linked to the postponed summer sales, and softer increases of the prices of services (0.6 percent vs 0.8 percent) and tobacco (5.1 percent vs 5.3 percent). Meanwhile, energy inflation accelerated (12.3 percent vs 10.9 percent) and prices of food rebounded (0.9 percent vs -0.2 percent). The annual core inflation rate, which exclude volatile items such as unprocessed food and energy, eased to 0.4 percent in July from 1.1 percent in June. On a monthly basis, consumer prices advanced 0.1 percent, the same pace as in June.
2021-08-13
French Inflation Rate Falls Less than Forecast in July
France's consumer price inflation rate is expected to ease to 1.2 percent in July 2021, from last month's one-and-a-half-year high of 1.5 percent but above market expectations of 1.0 percent, according to preliminary estimates. This decrease in inflation should result from the downturn in manufactured good prices, linked to the postponed summer sales, the slowdown in the prices of services, and to a lesser extent tobacco. Conversely, the prices of food should rebound and those of energy should accelerate. On a monthly basis, consumer prices are seen rising 0.1 percent in July, the same as in the previous month and beating forecasts of a 0.1 percent drop.
2021-07-30

France Inflation Rate
In France, the most important category in the consumer price index is services (48 percent of total weight), in particular actual rentals and services for dwellings (7 percent), health services (6 percent), transport (3 percent), and communication (2 percent). The index also includes: manufactured products (26 percent) such as medical products (4 percent) and clothing and footwear (4 percent); food (16 percent); energy (8 percent) such as petroleum products (4 percent); and tobacco (2 percent).