The annual inflation rate in France jumped 6.2% in October of 2022, the highest since June of 1985, from a 5.6% gain in September, and in line with preliminary estimates. Main upward pressures came from food (12.0% vs 9.9%), energy (19.1% vs 17.9%) and manufactured goods (4.2% vs 3.6%). On the other hand, inflation slowed slightly for services (3.1% vs 3.2%). On a monthly basis, consumer prices inched up by 1%, the biggest rise since March and reversing from a 0.6% drop in September. Meanwhile, the harmonised CPI was up 1.2% on the month and 7.1% on the year. source: INSEE, France
Inflation Rate in France averaged 4.25 percent from 1958 until 2022, reaching an all time high of 18.80 percent in April of 1958 and a record low of -0.70 percent in July of 2009. This page provides the latest reported value for - France Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.
Inflation Rate in France is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Inflation Rate is projected to trend around 3.60 percent in 2023 and 2.40 percent in 2024, according to our econometric models.