France July Inflation Confirmed at 2.1%

2026-08-14 06:56 By Kyrie Dichosa 1 min. read

The annual inflation rate in France accelerated to 2.1% in July 2026 from 1.8% in June, confirming preliminary estimates.

The pickup was primarily driven by faster services inflation (2.2% vs 1.9% in June), particularly for other services (2.5% vs 2.1%), including accommodation (7.3% vs 6.3%) and food services (1.9% vs 1.8%).

Energy price growth also accelerated (12.6% vs 11.0%), mainly for gas (17.7% vs 10.4%) and petroleum products (20.7% vs 19.7%).

Meanwhile, food inflation edged up to 1.0% from 0.9%.

In contrast, manufactured goods prices fell at a softer pace (-0.7% vs -1.1%), while tobacco inflation was unchanged at 3.3%.

Core inflation accelerated to 1.3% from 1.0%.

On a monthly basis, consumer prices rose 0.6%, rebounding from a 0.3% decline in June, driven by higher services prices (+1.6%) and energy costs (+2.3%), primarily petroleum products and gas.

The EU-harmonised CPI rose 2.4% year-on-year, up from 2.0% in June, while increasing 0.6% month-on-month.



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France July Inflation Confirmed at 2.1%
The annual inflation rate in France accelerated to 2.1% in July 2026 from 1.8% in June, confirming preliminary estimates. The pickup was primarily driven by faster services inflation (2.2% vs 1.9% in June), particularly for other services (2.5% vs 2.1%), including accommodation (7.3% vs 6.3%) and food services (1.9% vs 1.8%). Energy price growth also accelerated (12.6% vs 11.0%), mainly for gas (17.7% vs 10.4%) and petroleum products (20.7% vs 19.7%). Meanwhile, food inflation edged up to 1.0% from 0.9%. In contrast, manufactured goods prices fell at a softer pace (-0.7% vs -1.1%), while tobacco inflation was unchanged at 3.3%. Core inflation accelerated to 1.3% from 1.0%. On a monthly basis, consumer prices rose 0.6%, rebounding from a 0.3% decline in June, driven by higher services prices (+1.6%) and energy costs (+2.3%), primarily petroleum products and gas. The EU-harmonised CPI rose 2.4% year-on-year, up from 2.0% in June, while increasing 0.6% month-on-month.
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