Producer Prices in France

France Producer Prices | Economic News & Forecasts

France - Producer Prices

Harmonized inflation steady at near six-year high in June

Revised data released by the National Statistical Institute (INSEE) on 12 July matched preliminary figures and showed that consumer prices growth edged down from 0.4% month-on-month in May to a flat reading in June. Higher prices for fuel and energy were offset by lower prices for food products.

Inflation came in at 2.0% in June, matching the print observed in May, which had marked an almost six-year high. Meanwhile, annual average inflation inched up to 1.3% in June from May’s 1.2%.

Harmonized consumer prices recorded zero growth in June, which was below May´s 0.5% month-on-month increase. Harmonized inflation remained unchanged in June at the almost six-year high of 2.3% recorded in May. Finally, annual average harmonized inflation rose to 1.5% in June from 1.3% in May.

FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 1.4% in 2018, which is up 0.1 percentage points from last month’s forecast. For 2019, panelists project that average inflation will increase to 1.5%.

France - Producer Prices Data

2013  2014  2015  2016  2017  
Inflation (PPI, annual variation in %)0.3  -1.4  -2.2  -2.3  2.4  

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France Producer Prices Chart

France PPI
Note: Annual variation of producer price index (PPI) in %.
Source: National Insitute of Statistics and FocusEconomics calculations.

France Facts

Bond Yield0.570.46 %Jul 17
Exchange Rate1.170.65 %Jul 17
Stock Market5,423-0.29 %Jul 17

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