Inflation in France

France Harmonized Inflation (eop) | Economic News & Forecasts

France - Harmonized Inflation (end of period)

Inflation steady at six-year high in August

On 13 September, the Statistical Institute (INSEE) confirmed earlier estimates that consumer prices rose 0.5% from a month earlier, contrasting the 0.1% month-on-month contraction observed in July. The recovery reflected higher prices for manufactured products as summer sales wrapped up. Moreover, food prices rose moderately, while tourism-related services prices slowed considerably.

Inflation was confirmed at 2.3% in August, as in July, marking a six-year high. Annual average inflation ticked up to 1.6% from 1.5% in July.

Harmonized consumer prices increased 0.5% from a month earlier (July: -0.1% month-on-month), while harmonized inflation was steady from July at a six-year high 2.6%. Finally, annual average harmonized inflation inched up to 1.7% in August from 1.6% a month earlier.

FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 1.9% in 2018, which is unchanged from last month’s forecast. For 2019, panelists see harmonized inflation averaging 1.6%.

France - Harmonized Inflation (eop) Data

2013  2014  2015  2016  2017  
Inflation Rate (HICP, annual variation in %, eop)0.8  0.1  0.3  0.8  1.3  

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France Harmonized Inflation (eop) Chart

France Inflation
Note: Annual variation of consumer price index (HICP) in %.
Source: National Institute of Statistics and FocusEconomics calculations.

France Facts

Bond Yield0.810.46 %Oct 12
Exchange Rate1.160.65 %Oct 12
Stock Market5,096-0.29 %Oct 12

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