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 |