Inflation in France
France - Harmonized Inflation
Harmonized inflation steady at near six-year high in June
Revised data released by the National Statistical Institute (INSEE) on 12 July matched preliminary figures and showed that consumer prices growth edged down from 0.4% month-on-month in May to a flat reading in June. Higher prices for fuel and energy were offset by lower prices for food products.
Inflation came in at 2.0% in June, matching the print observed in May, which had marked an almost six-year high. Meanwhile, annual average inflation inched up to 1.3% in June from May’s 1.2%.
Harmonized consumer prices recorded zero growth in June, which was below May´s 0.5% month-on-month increase. Harmonized inflation remained unchanged in June at the almost six-year high of 2.3% recorded in May. Finally, annual average harmonized inflation rose to 1.5% in June from 1.3% in May.
FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 1.4% in 2018, which is up 0.1 percentage points from last month’s forecast. For 2019, panelists project that average inflation will increase to 1.5%.
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||0.57||0.46 %||Jul 17|
|Exchange Rate||1.17||0.65 %||Jul 17|
|Stock Market||5,423||-0.29 %||Jul 17|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
July 12, 2018
Revised data released by the National Statistical Institute (INSEE) on 12 July matched preliminary figures and showed that consumer prices growth edged down from 0.4% month-on-month in May to a flat reading in June.
June 27, 2018
The consumer confidence indicator produced by the National Institute of Statistics and Economic Studies (INSEE) decreased to 97 points in June, the lowest print in nearly two years (May: 99 points, previously reported: 100 points).
June 22, 2018
The IHS Markit flash composite Purchasing Managers’ Index (PMI) rose from 54.2 in May to 55.6 in June.
June 21, 2018
The National Institute of Statistics and Economic Studies’ (INSEE) business sentiment index for the manufacturing sector remained steady in June at May’s revised 110 points (previously reported: 109 points).
June 14, 2018
Revised data released by the National Statistical Institute (INSEE) on 14 June showed that consumer price growth picked up from the 0.2% month-on-month increase recorded in April to a 0.4% rise in May.