The annual inflation rate in France jumped to 1.7% in March 2026, its highest level since January 2025, up from 0.9% in February and slightly above expectations of 1.6%, according to preliminary estimates. The increase was largely driven by a strong rebound in energy prices, which rose for the first time since early 2025 (+7.3% vs -2.9% in February), particularly for petroleum products, reflecting the impact of the war with Iran. Service prices also edged higher (1.7% vs 1.6%), as did tobacco prices (3.2% vs 3%). In contrast, prices for manufactured goods declined at a faster pace than in February (-0.6% vs -0.2%), while food price inflation eased slightly (1.8% vs 2%). Compared to the previous month, the CPI went up 0.9%, the most since February 2024, also due to energy. Meanwhile, the EU-harmonised CPI increased 1.9% on the year, the highest reading since August 2024, and 1.1% on the month, the biggest jump since August 2023. source: INSEE, France

Inflation Rate in France increased to 1.70 percent in March from 0.90 percent in February of 2026. Inflation Rate in France averaged 4.17 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 April of 2026.

Inflation Rate in France increased to 1.70 percent in March from 0.90 percent in February of 2026. Inflation Rate in France is expected to be 1.70 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 2.30 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-13 07:45 AM
Inflation Rate YoY Final
Feb 0.9% 0.3% 1% 1.0%
2026-03-31 06:45 AM
Inflation Rate YoY Prel
Mar 1.7% 0.9% 1.6% 1.7%
2026-04-15 06:45 AM
Inflation Rate YoY Final
Mar 0.9% 1.7% 1.7%

Components Last Previous Unit Reference
Energy Inflation 7.30 -2.90 percent Mar 2026
Food Inflation 1.80 2.00 percent Mar 2026
Services Inflation 1.70 1.60 percent Mar 2026

Related Last Previous Unit Reference
Consumer Price Index CPI 100.24 99.62 points Feb 2026
Core Consumer Prices 100.44 100.10 points Feb 2026
Core Inflation Rate 0.90 0.70 percent Feb 2026
CPI Housing Utilities 100.27 100.25 points Feb 2026
CPI Transportation 100.17 98.60 points Feb 2026
Harmonised Consumer Prices 101.36 100.30 points Mar 2026
Import Prices of Industrial Products 110.20 110.20 points Feb 2026
Inflation Rate YoY 1.70 0.90 percent Mar 2026
Inflation Rate MoM 0.90 0.60 percent Mar 2026
PPI MoM -0.20 0.50 percent Feb 2026
Producer Prices 123.70 124.00 points Feb 2026
PPI YoY -2.40 -2.30 percent Feb 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
1.70 0.90 18.80 -0.70 1958 - 2026 percent Monthly
2015=100, NSA

News Stream
France Inflation Almost Doubles in March
The annual inflation rate in France jumped to 1.7% in March 2026, its highest level since January 2025, up from 0.9% in February and slightly above expectations of 1.6%, according to preliminary estimates. The increase was largely driven by a strong rebound in energy prices, which rose for the first time since early 2025 (+7.3% vs -2.9% in February), particularly for petroleum products, reflecting the impact of the war with Iran. Service prices also edged higher (1.7% vs 1.6%), as did tobacco prices (3.2% vs 3%). In contrast, prices for manufactured goods declined at a faster pace than in February (-0.6% vs -0.2%), while food price inflation eased slightly (1.8% vs 2%). Compared to the previous month, the CPI went up 0.9%, the most since February 2024, also due to energy. Meanwhile, the EU-harmonised CPI increased 1.9% on the year, the highest reading since August 2024, and 1.1% on the month, the biggest jump since August 2023.
2026-03-31
France February Inflation Revised to 0.9%
France’s annual inflation picked up to 0.9% in February 2026 from 0.3% in January, but was revised lower from initial estimates of 1%. The rise reflected a moderation in energy price declines (-2.9% vs -7.6%), driven by a base effect on electricity (-3.6% after -14.6%) and smaller drops in petroleum products. Manufactured goods prices also fell slightly (-0.2% vs -1.2%). Meanwhile, food inflation accelerated to 2% from 1.9%, led by fresh products (+1.8%), fruits and vegetables (+19.8%), and meat (+3.4%). Tobacco rose 3.0% from 2.7%, while services slowed to 1.6% from 1.7%. Annual core inflation came at 0.9%. On a monthly basis, the CPI rose 0.6% after a 0.3% decline in January, driven by seasonal rebounds in transport (+4.1%) and manufactured goods (+1.4%), including the end of clothing and footwear sales (+5.9%). The EU-harmonised CPI rose 1.1% year-on-year, after 0.4% in January, while the monthly HICP increased 0.7% after a 0.4% decline.
2026-03-13
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