France Inflation June 2021

France

France: Harmonized inflation hits over two-year high in June

May 28, 2021

Consumer prices rose 0.16% in June over the previous month, moderating from May's 0.32% increase, according to a preliminary reading.

Inflation ticked up to 1.5% in June, from the previous month's 1.4%. Meanwhile, harmonized inflation increased to 1.9% in June, following May’s 1.8%, marking the highest inflation rate since December 2018. Lastly, annual average harmonized inflation rose to 0.8% in June (May: 0.7%).

FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 1.5% in 2021, which is up 0.1 percentage points from last month’s forecast. For 2022, panelists see harmonized inflation averaging 1.3%.


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France Inflation June 2021

Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: National Institute of Statistics and Economic Studies (INSEE).


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