Inflation in France
France - Inflation
Harmonized inflation comes in at highest level since August 2008 in November
According to a flash estimate, consumer prices rose 0.36% in November over the previous month, below the 0.41% rise recorded in October. Looking at the details of the release, prices for services and manufactured goods rose in November, while prices for cooled notably.
Harmonized inflation came in at 3.4% in November, up from October’s 3.2%. November's figure marked the highest inflation rate since August 2008. Accordingly, the trend pointed up, with annual average harmonized inflation coming in at 1.8% in November (October: 1.5%). Finally, consumer price inflation rose to 2.8% in November, from the previous month's 2.6%.
FocusEconomics Consensus Forecast panelists project harmonized inflation averaging 1.8% in 2022, which is up 0.1 percentage points from last month’s estimate, and 1.4% in 2023.
France - Inflation Data
|Inflation Rate (CPI, annual variation in %)||0.0||0.2||1.0||1.9||1.1|
5 years of economic forecasts for more than 30 economic indicators.
France Inflation Chart
Source: National Institute of Statistics and FocusEconomics calculations.
|Bond Yield||0.08||0.46 %||Jan 01|
|Exchange Rate||1.12||0.65 %||Dec 31|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
November 30, 2021
A second reading of national accounts data confirmed that GDP grew 3.0% on a seasonally-adjusted quarter-on-quarter basis in the third quarter, up from 1.3% in the second quarter and marking the sharpest increase since Q3 2020.
November 26, 2021
According to a flash estimate, consumer prices rose 0.36% in November over the previous month, below the 0.41% rise recorded in October.
November 26, 2021
Consumer confidence fell to 98.5 in November, marginally down from October's 98.6.
November 24, 2021
Business confidence came in at 109.2 in November, up from 107.1 in October.
November 23, 2021
The IHS Markit Flash Purchasing Managers’ Index (PMI) came in at 56.3 in November up from 54.7 in October, on the back of a sharp improvement in services activity.