France’s annual inflation rate accelerated to 1% in February 2026, up from 0.3% in January which was the lowest reading since December 2020, and above market expectations of 0.8%, according to preliminary estimates. The rebound was partly driven by a more moderate decline in energy prices (-3% compared with -7.6% in January), reflecting a base effect linked to electricity prices, which had fallen sharply in February 2025. Meanwhile, prices of manufactured goods declined at a slower pace (-0.3% vs -1.2%). At the same time, food price inflation accelerated to a two-year high of 2.1% (from 1.9%), while services inflation edged up to 1.8% (from 1.7%) and tobacco prices rose at a faster annual rate of 3% (from 2.7%). Compared to the previous month, the CPI went up 0.7%, the most in two years, after a 0.3% gain in January. Considering the EU-harmonised CPI, the annual inflation went up to 1.1% from 0.4%, much higher than forecasts of 0.7%. source: INSEE, France

Inflation Rate in France increased to 1 percent in February from 0.30 percent in January of 2026. Inflation Rate in France averaged 4.18 percent from 1958 until 2026, 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 2026.

Inflation Rate in France increased to 1 percent in February from 0.30 percent in January of 2026. Inflation Rate in France is expected to be 0.90 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 1.50 percent in 2027 and 1.80 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-18 07:45 AM
Inflation Rate YoY Final
Jan 0.3% 0.8% 0.3% 0.3%
2026-02-27 07:45 AM
Inflation Rate YoY Prel
Feb 1% 0.3% 0.8% 0.7%
2026-03-13 07:45 AM
Inflation Rate YoY Final
Feb 0.3% 1% 1.0%

Components Last Previous Unit Reference
Energy Inflation -3.00 -7.80 percent Feb 2026
Food Inflation 2.10 1.90 percent Feb 2026
Services Inflation 1.80 1.70 percent Feb 2026

Related Last Previous Unit Reference
Consumer Price Index CPI 99.62 99.95 points Jan 2026
Core Consumer Prices 100.10 100.34 points Jan 2026
Core Inflation Rate 0.70 1.10 percent Jan 2026
CPI Housing Utilities 100.25 100.11 points Jan 2026
CPI Transportation 98.60 99.88 points Jan 2026
Harmonised Consumer Prices 99.59 100.00 points Jan 2026
Import Prices of Industrial Products 109.30 109.70 points Dec 2025
Inflation Rate YoY 1.00 0.30 percent Feb 2026
Inflation Rate MoM 0.70 -0.30 percent Feb 2026
PPI MoM 0.50 0.30 percent Jan 2026
Producer Prices 124.00 123.30 points Jan 2026
PPI YoY -2.30 -1.90 percent Jan 2026


France Inflation Rate
In France, the most important category in the consumer price index is services (48 percent of total weight), in particular rents, water and garbage collection (8 percent), health services (7 percent), transport (2 percent), and communication (2 percent). The index also includes: manufactured products (24 percent) such as medical products (4 percent) and clothing and footwear (3 percent); food (16 percent); energy (9 percent) such as petroleum products (4 percent); and tobacco (2 percent).
Actual Previous Highest Lowest Dates Unit Frequency
1.00 0.30 18.80 -0.70 1958 - 2026 percent Monthly
2015=100, NSA

News Stream
France Inflation Rate Rises from 5-Year Low
France’s annual inflation rate accelerated to 1% in February 2026, up from 0.3% in January which was the lowest reading since December 2020, and above market expectations of 0.8%, according to preliminary estimates. The rebound was partly driven by a more moderate decline in energy prices (-3% compared with -7.6% in January), reflecting a base effect linked to electricity prices, which had fallen sharply in February 2025. Meanwhile, prices of manufactured goods declined at a slower pace (-0.3% vs -1.2%). At the same time, food price inflation accelerated to a two-year high of 2.1% (from 1.9%), while services inflation edged up to 1.8% (from 1.7%) and tobacco prices rose at a faster annual rate of 3% (from 2.7%). Compared to the previous month, the CPI went up 0.7%, the most in two years, after a 0.3% gain in January. Considering the EU-harmonised CPI, the annual inflation went up to 1.1% from 0.4%, much higher than forecasts of 0.7%.
2026-02-27
France Inflation Rate Confirmed at 5-Year Low
France’s annual inflation rate eased to 0.3% in January 2026, down from 0.8% in December, confirming preliminary estimates. This marked the lowest reading since December 2020, driven mainly by a sharper fall in energy prices (-7.6% vs -6.8% in December) and deeper declines in manufactured goods (-1.2% vs -0.4%). Price growth also moderated for services (1.7% vs 2.1%) and tobacco (2.7% vs 4.1%). In contrast, food price inflation accelerated to 1.9% from 1.7%, supported by higher prices for fresh vegetables, citrus fruits, and meat. Meanwhile, core inflation fell to 0.7% from 1.1%. On a monthly basis, consumer prices declined 0.3% after rising 0.1% in December, with seasonal discounts in clothing and footwear contributing to the drop. In EU-harmonised terms, inflation slowed to 0.4% year-on-year, while prices fell 0.4% month-on-month.
2026-02-18
France Inflation Rate Lowest Since 2020
France’s annual inflation rate slowed to 0.3% in January 2026, the lowest since late 2020, down from 0.8% in December and below expectations of 0.6%, according to preliminary estimates. The deceleration was mainly driven by a decline in manufactured goods prices (-1.2% vs -0.4%), largely reflecting price cuts in clothing and footwear. The data collection period covered 18 days of winter sales, up from 13 days in January 2025. Service price inflation also eased (1.8% vs 2.1%), particularly in healthcare, as increases in doctors’ fees were more limited than last year. Energy prices fell at a faster pace (-7.8% vs -6.8%), while tobacco prices rose more slowly due to base effects (2.8% vs 4.1%). By contrast, food price inflation edged slightly higher (1.9% vs 1.7%). On a month-on-month basis, the CPI fell by 0.3%, reversing a 0.1% increase in December and exceeding expectations of a 0.1% decline. Considering the EU-harmonised CPI, prices rose 0.4% on the year and fell 0.4% on the month.
2026-02-03