France Inflation April 2021

France

France: Inflation hits over one-year high in April

April 30, 2021

Consumer prices increased 0.17% from the previous month in April, a smaller increase than March's 0.60% rise, largely reflected lower prices for manufactured goods.

Inflation rose to 1.3% in April from March’s 1.1% increase. Meanwhile, harmonized inflation came in at 1.7% in April, up from March’s 1.4%, marking the highest reading since January 2020, while the trend pointed up slightly, with annual average harmonized inflation coming in at 0.6% in April (March: 0.4%).

FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 1.2% in 2021, which is up 0.2 percentage points from last month’s forecast. For 2022, panelists also see harmonized inflation averaging 1.2%.


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France Inflation April 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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