Inflation in France
France - Inflation
Inflation creeps up in June
On 11 July, the Statistical Institute (INSEE) reported that consumer prices rose 0.2% month-on-month in June, inching up from May’s 0.1% increase, in large part due to a rebound in prices for services.
Inflation climbed to 1.2% from 0.9% in May, while core inflation landed at 0.9% (May: 0.5%). Annual average inflation, meanwhile, ticked down to 1.6% from 1.7%.
Harmonized consumer prices rose 0.3% month-on-month in June, up from 0.1% in May, while harmonized inflation increased to 1.4% from 1.1% in May. Lastly, annual average harmonized inflation remained stable at 1.9%.
FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 1.3% in 2019, which is unchanged from last month’s forecast. For 2020, panelists see harmonized inflation averaging 1.5%.
France - Inflation Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | 0.9 | 0.5 | 0.0 | 0.2 | 1.0 |
France Inflation Chart
Source: National Institute of Statistics and FocusEconomics calculations.
France Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.03 | 0.46 % | Jul 11 |
| Exchange Rate | 1.13 | 0.65 % | Jul 11 |
| Stock Market | 5,552 | -0.29 % | Jul 11 |
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Economic News
France: Inflation creeps up in June
July 11, 2019
On 11 July, the Statistical Institute (INSEE) reported that consumer prices rose 0.2% month-on-month in June, inching up from May’s 0.1% increase, in large part due to a rebound in prices for services.
France: Industrial output grows at over two-year high in May
July 10, 2019
Seasonally-adjusted industrial output expanded 2.1% month-on-month in May, the highest reading in 30 months, on the heels of a revised 0.5% increase in April (previously reported: +0.4% month-on-month s.a.).
France: Private-sector activity growth reaches seven-month high in June
July 3, 2019
The seasonally-adjusted IHS Markit Flash Composite Purchasing Managers’ Index (PMI) rose to 52.7 points in June, up from 51.2 points in May and signaling the fastest private-sector activity growth in seven months. June’s uptick reflected the quickest expansion in services-sector activities since November 2018 and a modest recovery in manufacturing output.
France: Inflation speeds up in June
June 28, 2019
Consumer prices rose 0.2% month-on-month in June, edging up from May’s 0.1% outturn.
France: Consumers turn optimistic in June for the first time in 14-months
June 26, 2019
Consumer confidence entered positive territory in June, after rising for a sixth consecutive month.
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