France Inflation February 2021

France

France: Inflation slides in February

February 26, 2021

Consumer prices dropped a seasonally-adjusted 0.11% over the previous month in February, contrasting January's 0.15% increase. February's result marked the sharpest fall in prices since September 2020 and largely reflected declining prices for manufactured goods.

Inflation edged down to 0.4% in February, from January’s 0.6%. Meanwhile, harmonized inflation came in at 0.7% in February, which was down from January’s 0.8%, and annual average harmonized inflation fell to 0.4% in February (January: 0.5%).

FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 0.9% in 2021, which is up 0.1 percentage points from last month’s forecast. For 2022, panelists see harmonized inflation averaging 1.2%.


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France Inflation February 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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