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France Inflation December 2021

France: Harmonized inflation remains steady in December

According to a flash estimate, consumer prices increased 0.22% in December over the previous month, slowing down from the 0.36% increase recorded in November. December’s result marked the weakest reading since September. Looking at the details of the release, prices for manufactured products were stable, while prices for energy dropped. Meanwhile, prices for services and food products rose over the prior month.

Harmonized inflation came in at 3.4% in December, matching November’s figure, which was the highest inflation rate since August 2008. Meanwhile, the trend pointed up, with annual average harmonized inflation coming in at 2.1% in December (November: 1.8%). Lastly, consumer price inflation was unchanged, coming in at November’s 2.8% in December.

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