Inflation in France

France - Inflation
Harmonized inflation comes in at highest level since our records began
Consumer prices increased 0.27% from the previous month in July, coming in below the 0.74% rise recorded in June. July's result marked the weakest reading since January. Looking at the details of the release, prices for manufactured products decreased at a faster rate, while prices for energy dropped.
Harmonized inflation inched up to 6.8% in July, slightly above June’s 6.5%. July's figure was the highest inflation rate since current records began. Annual average harmonized inflation rose to 4.4% in July (June: 3.9%). Lastly, consumer price inflation rose to 6.1% in July, picking up from the previous month's 5.8%.
FocusEconomics Consensus Forecast panelists project harmonized inflation averaging 5.6% in 2022, which is up 0.3 percentage points from last month’s estimate, and 3.1% in 2023.
France - Inflation Data
2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Inflation Rate (CPI, annual variation in %) | 0.0 | 0.2 | 1.0 | 1.9 | 1.1 |
France Inflation Chart

Source: National Institute of Statistics and FocusEconomics calculations.
France Facts
Value | Change | Date | |
---|---|---|---|
Bond Yield | 0.08 | 0.46 % | Jan 01 |
Exchange Rate | 1.12 | 0.65 % | Dec 31 |
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Economic News
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France: Industrial output grows at fastest pace since January in June
August 5, 2022
Industrial production increased 1.4% month-on-month in seasonally-adjusted terms in June (May: +0.2% mom).
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France: Harmonized inflation comes in at highest level since our records began
July 29, 2022
Consumer prices increased 0.27% from the previous month in July, coming in below the 0.74% rise recorded in June.
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France: Composite PMI falls to lowest level in over a year in July; raises concerns over a potential recession
July 22, 2022
The S&P Global Flash Purchasing Managers’ Index (PMI) fell to 50.6 in July from 52.5 in June, marking the lowest reading since March 2021.
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France: Harmonized inflation comes in at highest level since records began
July 13, 2022
Consumer prices rose 0.72% in June over the previous month, picking up from May's 0.68% increase.
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France: Industrial activity stabilizes in May
July 5, 2022
Industrial output flatlined on a month-on-month seasonally-adjusted terms in May, improving from April's 0.3% decrease.