Inflation in France

France Inflation | Economic News & Forecasts

France - Inflation

Inflation edges up in April

On 15 May, the Statistical Institute (INSEE) reported that consumer prices rose 0.3% from a month earlier in April (March: +0.8% month-on-month). The deceleration largely reflected significantly slower growth in prices for manufactured products, energy and tobacco.

Inflation ticked up from 1.1% in March to 1.3% in April, while core inflation landed at 0.7% (March: 0.5%). Annual average inflation, meanwhile, remained stable from March at 1.8%.

Harmonized consumer prices rose 0.4% from a month earlier in April, decelerating from March’s 0.9% increase, while harmonized inflation edged up to 1.5%, from 1.3% in March. Lastly, annual average harmonized inflation ticked down to 2.0% in April (March: 2.1%).

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  

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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

ValueChangeDate
Bond Yield0.330.46 %May 13
Exchange Rate1.120.65 %May 13
Stock Market5,263-0.29 %May 13

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Economic News

  • France: Inflation edges up in April

    May 15, 2019

    On 15 May, the Statistical Institute (INSEE) reported that consumer prices rose 0.3% from a month earlier in April (March: +0.8% month-on-month).

    Read more

  • France: Consumer confidence stabilizes in April

    April 28, 2019

    Consumer confidence stabilized in April, according to the consumer confidence survey published by the National Institute of Statistics and Economic Studies (INSEE), which held steady from March at 96 points.

    Read more

  • France: Industrial output stalls in February

    April 24, 2019

    Industrial output expanded 0.4% from a month earlier and in seasonally-adjusted terms in February, on the heels of a revised 1.2% month-on-month expansion in January (previously reported: +1.3% month-on-month s.a.).

    Read more

  • France: Business confidence edges lower in April

    April 24, 2019

    In April, the National Institute of Statistics and Economic Studies’ (INSEE) business-climate indicator for the manufacturing sector dipped 2 points from a month earlier to land at 101 points (March: 103 points).

    Read more

  • France: Private-sector activity stabilizes in April

    April 23, 2019

    The seasonally-adjusted IHS Markit Flash Composite Purchasing Managers’ Index (PMI) landed at the 50.0-point threshold in April, ticking up from 48.9 points in March and signaling a stabilization of private-sector activity. April’s steadying saw services-sector activity offset a fall in manufacturing output.

    Read more

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