The annual inflation rate in France rose 1.5 percent in December 2019 from 1 percent in the previous month and above a preliminary estimate of 1.4 percent. It was the highest inflation rate in a year, boosted by higher cost of services (1.4 percent vs 1.3 percent in November) and a rebound in energy prices (2.6 percent vs -0.6 percent). Additionally, cost of manufactured products fell less (-0.3 percent vs -0.6 percent). On the other hand, inflation was steady for food (at 2.1 percent) and tobacco (at 15.3 percent). On a monthly basis, consumer prices went up 0.4 percent, after increasing 0.1 percent in November. The harmonised index of consumer prices was confirmed at 1.6 percent from the previous year (vs 1.2 percent in November); and advanced 0.5 percent month-over-month (vs 0.1 percent in November).
Inflation Rate in France averaged 4.35 percent from 1958 until 2019, 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. source: INSEE, France
Inflation Rate in France is expected to be 1.40 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 1.20 in 12 months time. In the long-term, the France Inflation Rate is projected to trend around 1.40 percent in 2020, according to our econometric models.