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.

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France Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.20 1.50 18.80 -0.70 1958 - 2021 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-15 06:45 AM Inflation Rate YoY Final May 1.4% 1.2% 1.4% 1.4%
2021-06-30 06:45 AM Inflation Rate YoY Prel Jun 1.5% 1.4% 1.5% 1.6%
2021-07-13 06:45 AM Inflation Rate YoY Final Jun 1.5% 1.4% 1.5% 1.5%
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 1.5% 1.2% 1.2%
2021-08-31 06:45 AM Inflation Rate YoY Prel Aug
2021-09-15 06:45 AM Inflation Rate YoY Final Aug
2021-09-30 06:45 AM Inflation Rate YoY Prel Sep


News Stream
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 Confirmed at 1-1/2-Year High of 1.5%
The annual inflation rate in France rose to 1.5 percent in June of 2021 from 1.4 percent in the previous month, in line with preliminary estimates. It was the highest inflation rate since January of 2020, as cost of manufactured goods rebounded (0.7 percent vs -0.1 percent). Also, food prices fall slightly less than in the previous month (-0.2 percent vs -0.3 percent) while tobacco inflation was unchanged (at 5.3 percent). On the other hand, prices of services (0.8 percent vs 1.1 percent) and those of energy (10.9 percent vs 11.7 percent) slowed down. On a monthly basis, consumer prices increased by 0.1 percent in June, after a 0.3 percent gain in May.
2021-07-13
France Inflation Rate Inches Higher to 1.5%
Annual inflation rate in France is expected to edge up to 1.5 percent in June of 2021 from 1.4 percent in May and in line with forecasts. It is the highest inflation rate since January of 2020, preliminary forecasts showed, and mainly due to a rebound of manufactured good prices. Tobacco prices should rise at the same rate as in the last month and food deflation should also be the same. On the other hand, cost of services and energy should slow down.
2021-06-30
French May Inflation Rate Confirmed at 15-Month High
France's consumer price inflation rate was confirmed at 1.4 percent in May 2021, the highest since February 2020, reflecting the ongoing economic recovery and the low base year. Energy prices jumped 11.7 percent, compared with an 8.8 percent rise in April, boosted by cost for petroleum products. Meanwhile, inflation slowed for both services (1.1 percent vs 1.2 percent) and tobacco (5.3 percent vs 5.8 percent). There were declines in prices for manufactured goods (-0.1 percent vs -0.2 percent) and food (-0.3 percent, the same as in April). On a monthly basis, consumer prices increased by 0.3 percent in May, compared with a 0.1 percent gain in April.
2021-06-15

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).