French architecture in France

Inflation in France

France Inflation

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

This chart displays Inflation (HICP, ann. var. %, aop) for France from 2013 to 2022.

France Inflation Data

2018 2019 2020 2021 2022
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

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