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.

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France Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-10-28 06:45 AM Inflation Rate YoY Prel Oct 6.2% 5.6% 5.7% 5.5%
2022-11-15 07:45 AM Inflation Rate YoY Final Oct 6.2% 5.6% 6.2% 6.2%
2022-11-30 07:45 AM Inflation Rate YoY Prel Nov 6.2% 6.2% 6.3%


Related Last Previous Unit Reference
Inflation Rate 6.20 5.60 percent Oct 2022
Inflation Rate MoM 1.00 -0.60 percent Oct 2022
Harmonised Consumer Prices 116.32 114.90 points Oct 2022
Consumer Price Index CPI 113.90 112.74 points Oct 2022
Core Inflation Rate 5.00 4.50 percent Oct 2022
Core Consumer Prices 110.13 109.46 points Oct 2022
Producer Prices 144.20 142.80 points Sep 2022
Producer Prices Change 28.50 29.50 percent Sep 2022
Export Prices 154.00 152.20 points May 2022
Import Prices 142.60 142.30 points May 2022
Food Inflation 12.00 9.90 percent Oct 2022
Producer Price Inflation MoM 1.00 2.80 percent Sep 2022
CPI Transportation 121.35 118.31 points Oct 2022
CPI Housing Utilities 123.79 120.98 points Oct 2022

France Inflation Rate
In France, the most important category in the consumer price index is services (48 percent of total weight), in particular rents, water and garbage collection (8 percent), health services (7 percent), transport (2 percent), and communication (2 percent). The index also includes: manufactured products (24 percent) such as medical products (4 percent) and clothing and footwear (3 percent); food (16 percent); energy (9 percent) such as petroleum products (4 percent); and tobacco (2 percent).
Actual Previous Highest Lowest Dates Unit Frequency
6.20 5.60 18.80 -0.70 1958 - 2022 percent Monthly
2015=100, NSA

News Stream
French Inflation Rate at Record-High
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.
2022-11-15
French Inflation Rate Hits New 37-Year High
The annual inflation rate in France accelerated to 6.2% in October of 2022, the highest since June of 1985, from 5.6% in September and much above market expectations of 5.7%, preliminary estimates showed. Prices of energy (19.2% vs 17.9%), food (11.8% vs 9.9%) and manufactured products (4.2% vs 3.6%) accelerated while cost of services (3.2%) and tobacco (0.3%) rose at the same rate as in the previous month. On a monthly basis, consumer prices jumped 1%, the biggest rise since March and reversing from a 0.6% drop in September. Meanwhile, the harmonised CPI was up 1.3% on the month and 7.1% on the year.
2022-10-28
French September Inflation Rate Confirmed at 4-Month Low
The annual inflation rate in France was confirmed at 5.6% in September of 2022, the lowest in four months, down from 5.9% in the prior month. Prices slowed for energy (17.9% vs 22.7% in August), largely due to recent measures taken by the government to combat the erosion of purchasing power; and services (3.2% vs 3.9%), namely transport services (8.6% vs 15.3%), notably airfares (23.1% vs 39.8%). Additionally, the prices of television and radio license fee and subscription fell (-11.3% vs 1.4%) amid the first effects of the abolition of the audio-visual license fee. Meanwhile, costs rose faster for food (9.9% vs 7.9%) and manufactured goods (3.6% vs 3.5%). The EU-harmonised inflation rate dropped to a four-month low of 6.2%, from 6.6% in the prior month, matching a preliminary estimate. On a monthly basis, consumer prices decreased by 0.6% at the national, compared with an earlier reading of a 0.5% fall; and by 0.5% at the harmonized level, in line with a preliminary estimate.
2022-10-14