France Inflation February 2019


France: Inflation edges higher in February

March 21, 2019

On 14 March, the Statistical Institute (INSEE) reported that consumer prices were stable from a month earlier in February (January: -0.4% month-on-month). Higher fuel costs were offset by fresh-food costs.

Inflation ticked up to 1.3% from 1.2% in January, while annual average inflation edged up to 1.9% from 1.8%.

Harmonized consumer prices rose 0.1% from a month earlier (January: -0.6% month-on-month), while harmonized inflation sped up to 1.6% from 1.4% in January. Lastly, annual average harmonized inflation was stable from January at 2.1%.

France Inflation Forecast

FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 1.5% in 2019, which is down 0.1 percentage points from last month’s forecast. For 2020, panelists see harmonized inflation averaging 1.6%.


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France Inflation Chart

France Inflation February 2019

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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