Inflation in France

France Inflation | Economic News & Forecasts

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

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)0.0  0.2  1.0  1.9  1.1  

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France Inflation Chart


France Inflation
Note: Annual variation of consumer price index (HICP) in %.
Source: National Institute of Statistics and FocusEconomics calculations.

France Facts

Value Change Date
Bond Yield0.080.46 %Jan 01
Exchange Rate1.120.65 %Dec 31

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