Inflation in France

France Inflation | Economic News & Forecasts

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  

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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

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

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