The annual inflation rate in France was confirmed at 6.1% in July of 2022, the highest since July of 1985, up from 5.8% in the prior month. There was an acceleration in prices of services (3.9% vs 3.3% in June); food (6.8% vs 5.8%) and, to a lesser extent, manufactured goods prices (2.7% vs 2.5%). Meanwhile, the prices of energy slowed down slightly (28.5% vs 33.1%). The annual core inflation rate, which excludes volatile items such as unprocessed food and energy picked up to a record high of 4.3% in July. On a monthly basis, consumer prices increased 0.3%, in line with the preliminary estimate, slowing from a 0.7% rise in the previous month. The harmonized consumer price index increased by 6.8% on the year, the most on record, and by 0.3% over the prior month. 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 August of 2022.
Inflation Rate in France is expected to be 6.90 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 2.60 percent in 2023 and 1.40 percent in 2024, according to our econometric models.