Inflation in France
France - Inflation
Harmonized inflation spikes in December
Consumer prices jumped 0.4% in December, following November’s 0.1% uptick, according to a first estimate by the Statistical Institute (INSEE). Higher prices for food and energy and a rebound in services prices drove the monthly upturn.
Harmonized consumer prices climbed 0.5% month-on-month in December (November: +0.1% month-on-month), while harmonized inflation increased to a one-year high of 1.6% from 1.2% in November. Meanwhile, annual average harmonized inflation was steady at November’s 1.3%.
FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 1.3% in 2020, which is down 0.1 percentage points from last month’s forecast. For 2021, 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 | 0.08 | 0.46 % | Jan 01 |
| Exchange Rate | 1.12 | 0.65 % | Dec 31 |
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Economic News
France: Harmonized inflation spikes in December
January 15, 2020
Consumer prices jumped 0.4% in December, following November’s 0.1% uptick, according to a first estimate by the Statistical Institute (INSEE).
France: Industrial output loses traction in November
January 10, 2020
Seasonally-adjusted industrial production rose 0.3% month-on-month in November, down from a revised 0.5% increase in October (previously reported: +0.4% month-on-month).
France: Consumer sentiment falls for the first time in 11 months in December
January 8, 2020
In December, consumer sentiment in France decreased to 102 from November’s revised 105 (previously reported: 106) which had marked the best result in almost two years.
France: Private sector activity softens in December
January 6, 2020
The seasonally-adjusted IHS Markit Flash Composite Purchasing Managers’ Index (PMI) ticked down to 52.0 in December from 52.1 in November.
France: Harmonized inflation spikes in December
January 3, 2020
Consumer prices jumped 0.4% in December, following November’s 0.1% uptick, according to a first estimate by the Statistical Institute (INSEE).
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