Harmonized inflation falls to over one-year low in June
Harmonized inflation came in at 5.3% in June, which was down from May’s 6.0%. June’s figure represented the lowest inflation rate since March 2022. Looking at the details of the release, prices for food and non-alcoholic beverages and for housing and utilities grew at a more moderate rate in June. Moreover, prices for transportation dropped after growing in the previous month.
Annual average harmonized inflation fell to 6.6% in June (May: 6.7%). Meanwhile, consumer price inflation fell to 4.5% in June, from May’s 5.1%.
Lastly, harmonized consumer prices rose 0.21% in June over the previous month, contrasting May’s 0.07% fall.
France Inflation Chart
France Inflation Data
|Inflation (HICP, ann. var. %, aop)||2.1||1.3||0.5||2.1||5.9|
|Inflation (CPI, ann. var. %, eop)||1.6||1.5||0.0||2.8||5.9|
|Inflation (HICP, ann. var. %, eop)||1.9||1.6||0.0||3.4||6.7|
|Inflation (Core, ann. var. %, aop)||0.8||0.8||0.6||1.1||3.9|
|Inflation (PPI, ann. var. %, aop)||2.7||0.4||-2.2||9.3||25.5|