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.

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France Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-07-29 06:45 AM Inflation Rate YoY Prel Jul 6.1% 5.8% 6% 6.2%
2022-08-12 06:45 AM Inflation Rate YoY Final Jul 6.1% 5.8% 6.1% 6.1%
2022-08-31 06:45 AM Inflation Rate YoY Prel Aug 6.1%


Related Last Previous Unit Reference
Inflation Rate 6.10 5.80 percent Jul 2022
Inflation Rate Mom 0.30 0.70 percent Jul 2022
Harmonised Consumer Prices 114.94 114.60 points Jul 2022
Consumer Price Index CPI 112.87 112.55 points Jul 2022
Core Inflation Rate 4.30 3.70 percent Jul 2022
Core Consumer Prices 108.95 108.09 points Jul 2022
Producer Prices 136.30 134.60 points Jun 2022
Producer Prices Change 27.03 27.10 percent Jun 2022
Export Prices 154.00 152.20 points May 2022
Import Prices 142.60 142.30 points May 2022
Food Inflation 6.80 5.80 percent Jul 2022
Producer Price Inflation MoM 1.30 -0.30 percent Jun 2022
CPI Transportation 126.21 125.52 points Jul 2022
CPI Housing Utilities 120.08 119.68 points Jul 2022

France Inflation Rate
In France, the most important category in the consumer price index is services (48 percent of total weight), in particular actual rentals and services for dwellings (7 percent), health services (6 percent), transport (3 percent), and communication (2 percent). The index also includes: manufactured products (26 percent) such as medical products (4 percent) and clothing and footwear (4 percent); food (16 percent); energy (8 percent) such as petroleum products (4 percent); and tobacco (2 percent).
Actual Previous Highest Lowest Dates Unit Frequency
6.10 5.80 18.80 -0.70 1958 - 2022 percent Monthly
2015=100, NSA

News Stream
French July Inflation Rate Confirmed at 37-Year High
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.
2022-08-12
France Inflation Rate Rises More than Expected
Annual inflation rate in France increased to 6.1% in July of 2022, the highest since July of 1985, from 5.8% in June and above market forecasts of 6%, preliminary estimates showed. Main upward pressure came from cost of services (3.9% vs 3.3% in June) linked to the summer period, food (6.7% vs 5.8%) and manufactured goods (2.7% vs 2.5%). At the same time, energy prices rose at a slightly slower pace (28.7% vs 33.1%). The EU-harmonised inflation rate accelerated to a record high of 6.8%, also above estimates of 6.7%. Compared to the previous month, consumer prices increased 0.3% both at the national and harmonised level.
2022-07-29
French Inflation Rate Confirmed at Near 37-Year High
The annual inflation rate in France was confirmed at 5.8% in June of 2022, the highest since July of 1985, up from 5.2% in the prior month. This increase in inflation resulted from the acceleration in prices of energy (33.1% vs 27.8% in May), food (5.8% vs 4.3%) and, to a lesser extent, services (3.3% vs 3.2%). Meanwhile, costs slowed down for manufactured goods (2.5% vs 3.0%). On a monthly basis, consumer prices increased 0.7%, in line with the preliminary estimate, the same pace as in the previous month. The prices of energy accelerated (5.2% vs 1.6%) linked with the sharp increase in petroleum product prices (9.4% vs 2.9%), while a slowdown was noted in those of food (0.8% vs 1.0%) and services (0.3% after 0.5%). The harmonized consumer price index hit 6.5% yoy in June, the highest since INSEE began using EU methodology to calculate inflation in the early 1990s, matching an earlier estimate.
2022-07-13