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. 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 August of 2021.
Inflation Rate in France is expected to be 1.60 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 1.10 percent in 2022 and 1.70 percent in 2023, according to our econometric models.