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 of 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. source: INSEE, France
Inflation Rate in France averaged 4.27 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 March of 2021.
Inflation Rate in France is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in France to stand at 1.40 in 12 months time. In the long-term, the France Inflation Rate is projected to trend around 1.60 percent in 2022, according to our econometric models.