Inflation in France
France - Inflation
Harmonized inflation comes in at highest level since November 2011 in September
According to a flash estimate, consumer prices dropped 0.24% in September over the previous month, contrasting the 0.61% increase recorded in August. September's result marked the lowest print since September 2020. The result was largely driven by falling prices for services and for food and non-alcoholic beverages.
Harmonized inflation came in at 2.7% in September, which was up from August’s 2.4%. September's result represented the highest inflation rate since November 2011. Accordingly, the trend pointed up, with annual average harmonized inflation coming in at 1.3% in September (August: 1.0%). Lastly, consumer price inflation ticked up to 2.1% in September, from August’s 1.9%.
FocusEconomics Consensus Forecast panelists project harmonized inflation averaging 1.7% in 2021, which is up 0.1 percentage points from last month’s estimate, and 1.6% in 2022, which is up 0.3 percentage points from last month’s forecast.
France - Inflation Data
|Inflation Rate (CPI, annual variation in %)||0.0||0.2||1.0||1.9||1.1|
5 years of economic forecasts for more than 30 economic indicators.
France Inflation Chart
Source: National Institute of Statistics and FocusEconomics calculations.
|Bond Yield||0.08||0.46 %||Jan 01|
|Exchange Rate||1.12||0.65 %||Dec 31|
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October 5, 2021
Industrial output rose 1.0% in month-on-month seasonally-adjusted terms in August, which was above July's 0.5% increase.
September 30, 2021
According to a flash estimate, consumer prices dropped 0.24% in September over the previous month, contrasting the 0.61% increase recorded in August.
September 28, 2021
Consumer confidence came in at 101.6 in September, above August’s 98.7.
September 23, 2021
Business confidence came in at 106.3 in September, below August’s 109.6 and signaling the lowest reading since April.
September 23, 2021
The IHS Markit Flash Purchasing Managers’ Index (PMI) fell to 55.1 in September from 55.9 in August, logging the lowest reading since April and pointing to waning momentum in private sector activity.