Annual inflation rate in France increased to 1.1 percent in March of 2021, the highest since February of 2020 and matching market expectations, preliminary estimates showed. The rise in inflation results from an acceleration in services cost (1.1 percent vs 0.8 percent) and a marked rebound in energy (4.8 percent vs -1.6 percent). Also, prices of manufactured products fell at a slower pace (-0.2 percent vs -0.4 percent) and tobacco inflation slowed (5.8 percent vs 12.8 percent). On a monthly basis, consumer prices went up 0.6 percent., the highest monthly rate since March of 2019. source: INSEE, France
Inflation Rate in France averaged 4.27 percent from 1958 until 2021, 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 April of 2021.
Inflation Rate in France is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in France to stand at 1.40 in 12 months time. In the long-term, the France Inflation Rate is projected to trend around 1.60 percent in 2022 and 1.80 percent in 2023, according to our econometric models.