Inflation in France
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 |
France Inflation Chart
Source: National Institute of Statistics and FocusEconomics calculations.
France Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.33 | 0.46 % | May 13 |
| Exchange Rate | 1.12 | 0.65 % | May 13 |
| Stock Market | 5,263 | -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).
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.
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.).
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).
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.
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