France Inflation December 2018


France: Inflation falls in December

January 15, 2019

On 15 January, the Statistical Institute (INSEE) confirmed that consumer prices were stable from a month earlier in December, contrasting a 0.2% month-on-month decrease in November. Higher food prices were offset by lower fuel costs.

Inflation dipped to 1.6% from 1.9% a month earlier, while annual average inflation ended the year at 1.9%.

Harmonized consumer prices increased 0.1% from a month earlier (November: -0.2% month-on-month), while harmonized inflation slowed to 1.9% from 2.2% in November. Lastly, annual average harmonized inflation ended the year at 2.1%.

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 December 2018

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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