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.