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.

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France Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.10 0.60 18.80 -0.70 1958 - 2021 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-02-19 07:45 AM Inflation Rate YoY Final Jan 0.6% 0% 0.6% 0.6%
2021-02-26 07:45 AM Inflation Rate YoY Prel Feb 0.4% 0.6% 0.3% 0.5%
2021-03-16 07:45 AM Inflation Rate YoY Final Feb 0.6% 0.6% 0.4% 0.4%
2021-03-31 06:45 AM Inflation Rate YoY Prel Mar 1.1% 0.6% 1.1% 1.1%
2021-04-15 06:45 AM Inflation Rate YoY Final Mar 0.6% 1.1% 1.1%
2021-04-30 06:45 AM Inflation Rate YoY Prel Apr
2021-05-12 06:45 AM Inflation Rate YoY Final Apr
2021-05-28 06:45 AM Inflation Rate YoY Prel May


News Stream
France Inflation Rate Rises to 1-Year High of 1.1%
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.
2021-03-31
French February Inflation Rate Revised Higher
France's consumer price inflation rate was revised higher to 0.6 percent year-on-year in February 2021, up from a preliminary estimate of 0.4 percent and unchanged from the previous month, as services cost inflation was higher than previously thought and prices for both manufactured goods and energy fell less than initially estimated. Upward pressure came from services (0.8 percent, the same as in January), boosted by actual rentals and services for dwellings, communication and other services; food (0.8 percent vs 1.0 percent); and tobacco (12.8 percent vs 12.7 percent). Meanwhile, there were falls in cost for manufactured products (-0.4 percent vs 0.8 percent), led by clothing and footwear and medical products; and energy (-1.6 percent vs -5.8 percent). On a monthly basis, consumer prices were unchanged in February, after a 0.2 percent gain in January.
2021-03-16
France Inflation Rate Eases to 0.4%
The annual inflation rate in France edged down to 0.4 percent from 0.6 percent in February, compared to market forecasts of 0.3 percent, preliminary estimates showed. Prices of manufactured goods fell (-0.5 percent vs 0.8 percent) and cost grew less for services (0.7 percent vs 0.8 percent) and food (0.8 percent vs 1 percent). Prices for tobacco were little changed (12.8 percent vs 12.7 percent) and cost of energy declined at a slower pace (-1.7 percent vs -5.8 percent). On a monthly basis, consumer prices edged down 0.1 percent. The harmonised index rose 0.7 percent on the year and 0.3 percent on the month.
2021-02-26
France January Inflation Rate Confirmed at 6-Month High
The annual inflation rate in France increased to 0.6 percent in January of 2021 from a flat reading in December, in line with preliminary estimates. It was the highest inflation rate since July, as prices rose faster for both services (0.8 percent vs 0.7 percent in December) and tobacco (12.7 percent vs 12.5 percent). At the same time, the cost of manufactured goods rebounded sharply (0.8 percent vs -0.9 percent), due to the offset of winter sales. Also, energy prices decreased at a softer pace (-5.8 percent vs -7.0 percent) in the wake of petroleum product prices. Meanwhile, food inflation remained steady (at 1 percent). On a monthly basis, consumer prices went up 0.2 percent, the same pace as in December and also in line with early figures. The harmonized index increased an annual 0.8 percent and 0.3 percent on a monthly basis.
2021-02-19

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).