Inflation in France
France - Harmonized Inflation
Inflation slows in January
On 21 February, the Statistical Institute (INSEE) reported that consumer prices fell 0.4% from a month earlier in January (December: +0.0% month-on-month). Lower fuel costs, as well as seasonal sales, were behind the reading.
Inflation fell to 1.2% from 1.6% in December, while annual average inflation edged down to 1.8% from 1.9%.
Harmonized consumer prices fell 0.6% from a month earlier (December: +0.1% month-on-month), while harmonized inflation slowed to 1.4% from 1.9% in December. Lastly, annual average harmonized inflation was stable from December 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%.
France - Harmonized Inflation Data
|Inflation Rate (HICP, annual variation in %)||1.0||0.6||0.1||0.3||1.2|
5 years of economic forecasts for more than 30 economic indicators.
France Harmonized Inflation Chart
Source: National Institute of Statistics and FocusEconomics calculations.
|Bond Yield||0.40||0.46 %||Mar 11|
|Exchange Rate||1.12||0.65 %||Mar 11|
|Stock Market||5,266||-0.29 %||Mar 11|
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February 26, 2019
Consumer confidence continued its recovery in February, according to the consumer confidence survey published by the National Institute of Statistics and Economic Studies (INSEE), which climbed 3 points from January to land at 95 points.
February 25, 2019
In February, the National Institute of Statistics and Economic Studies’ (INSEE) business-climate indicator for the manufacturing sector was stable from a month earlier at 103 points.
February 21, 2019
On 21 February, the Statistical Institute (INSEE) reported that consumer prices fell 0.4% from a month earlier in January (December: +0.0% month-on-month).
February 8, 2019
In seasonally-adjusted terms, industrial output expanded 0.8% in December, contrasting a revised 1.5% month-on-month contraction in November (previously reported: -1.3% month-on-month s.a.).
February 5, 2019
In January, the seasonally-adjusted IHS Markit Composite Purchasing Managers’ Index (PMI) fell to 48.2 from 48.7 a month earlier, landing below the 50.0-point threshold and signaling a contraction in private-sector activity. January’s reading reflected weaker services-sector activity, although it was unclear whether these disruptions were brought on by the ‘gilets jaunes’ protests.