Inflation in France

France Inflation | Economic News & Forecasts

France - Inflation

Harmonized inflation remains steady in December

Consumer prices rose 0.22% from the previous month in December, below November's 0.36% rise. December's result marked the weakest reading since September. December’s result was largely attribute to falling prices for energy, which more than offset higher prices for food and non-alcoholic beverages as well as for services.

Harmonized inflation came in at 3.4% in December, unchanged from November’s result. December's figure marked the highest inflation rate since August 2008. Meanwhile, the trend pointed up, with annual average harmonized inflation coming in at 2.1% in December (November: 1.8%). Lastly, consumer price inflation was steady, coming in at November's 2.8% in December.

FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 2.1% in 2022, which is up 0.3 percentage points from last month’s forecast. For 2023, panelists see harmonized inflation averaging 1.5%.

France - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)0.0  0.2  1.0  1.9  1.1  

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France Inflation Chart

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

France Facts

Value Change Date
Bond Yield0.080.46 %Jan 01
Exchange Rate1.120.65 %Dec 31

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