In December, consumer prices rose 0.4% over the previous month, which was an inch above the 0.3% increase recorded in November. Despite the monthly rise, annual inflation remained unchanged at November's 2.5%, the highest level since October 2008, and exceeded market expectations, which had inflation moderating to 2.3%. The December reading reflected an increase in prices for services and higher prices for fresh food products. The core inflation index, which excludes more volatile categories such as oil, or fruit and vegetables, rose 0.3% in December, unchanged from the increase recorded in November. As a result, annual core inflation rose from 1.6% in November to 1.8% in December. Finally, HICP inflation (based on the harmonized index of consumer prices) remained unchanged at November's 2.7%, its highest level since November 2008. The reading pushed annual average HICP inflation to 2.3% in December, a notch up from November's 2.2%.
Inflation remains unchanged at three-year high
January 13, 2012
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France Economic News
October 3, 2016
According to preliminary figures released by the National Statistical Institute (INSEE), consumer prices in September dropped 0.2% over the previous month, contrasting August’s 0.3% increase.
September 28, 2016
The consumer confidence indicator produced by the National Institute of Statistics and Economic Studies (INSEE) remained stable in September at August’s 97 points.
September 23, 2016
The composite Purchasing Managers’ Index (PMI), produced by IHS Markit, rose in September.
September 23, 2016
The French economy contracted in the second quarter.
September 22, 2016
According to the National Institute of Statistics and Economic Studies’ (INSEE) business climate survey, the business confidence indicator rose from August’s over-one-year low of 101 points to 103 points in September.