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.


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France Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.00 18.80 -0.70 1958 - 2019 percent Monthly
2015=100, NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-11-29 07:45 AM Inflation Rate YoY Prel Nov 1.0% 0.8% 0.9%
2019-12-12 07:45 AM Inflation Rate YoY Final Nov 1.0% 0.8% 1.0% 1.0%
2020-01-03 07:45 AM Inflation Rate YoY Prel Dec 1.4% 1.0% 1.2%
2020-01-15 07:45 AM Inflation Rate YoY Final Dec 1.5% 1.0% 1.4% 1.4%
2020-01-31 07:45 AM Inflation Rate YoY Prel Jan 1.5% 1.3%


News Stream
2020-01-03
France Inflation Rate Climbs to 1-Year High of 1.4%
France's annual inflation rate is expected to pick up to 1.4 percent in December 2019 from 1.0 percent in the previous month, preliminary estimates showed. That was the highest inflation since December 2018. Prices should rise at a faster pace for services (1.4 percent vs 1.3 percent) and energy cost is expected to rebound (2.6 percent vs -0.6 percent). Meanwhile, inflation should be steady for food (at 2.1 percent) and tobacco (at 15.3 percent) while cost of manufactured products will probably edge down (-0.2 percent vs -0.6 percent).On a monthly basis, consumer prices are expected to rise 0.4 percent, following a 0.1 percent gain in November. The harmonised index of consumer prices is seen rising 1.6 percent from the previous year (vs 1.2 percent in November); and 0.5 percent month-over-month (vs 0.1 percent in November).

2019-12-12
French Inflation Rate Confirmed at 1%
The inflation rate in France was confirmed at 1.0 percent year-on-year in November of 2019, accelerating from a 0.8 percent rise in the previous month, as food prices advanced faster.

2019-11-29
French Inflation Rate Accelerates in November
France's annual inflation rate is expected to pick up to 1.0 percent in November 2019 from an over two-year low of 0.8 percent in the previous month, a preliminary estimate showed. Prices should rise at a faster pace for tobacco, services and food, while energy deflation is likely to soften.

2019-11-14
French October Inflation Rate Revised Up to 0.8%
The French consumer price inflation rate came in at 0.8 percent year-on-year in October of 2019, from 0.9 percent in the prior month, but above preliminary estimates of 0.7 percent. It was the lowest rate since July of 2017.

2019-10-31
French Inflation Rate at Over 2-Year Low
France's annual inflation rate is expected to fall to 0.7 percent in October of 2019 from 0.9 percent in the prior month, a preliminary estimate showed. That should be the lowest rate since July of 2017.

2019-10-15
French Inflation Rate Confirmed at 4-Month Low
France's annual inflation rate was confirmed at 0.9 percent in September 2019, the lowest since May and below August's 1.0 percent, amid a slowdown in the prices of food and energy.


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).

France Prices Last Previous Highest Lowest Unit
Inflation Rate 1.50 1.00 18.80 -0.70 percent [+]
Inflation Rate Mom 0.40 0.10 1.00 -1.00 percent [+]
Consumer Price Index CPI 104.98 104.52 104.98 66.40 points [+]
Harmonised Consumer Prices 105.78 105.27 105.78 65.64 points [+]
Core Consumer Prices 103.05 102.99 103.05 69.30 points [+]
Core Inflation Rate 1.10 1.00 4.00 -0.20 percent [+]
Producer Prices 103.60 102.50 104.40 96.50 points [+]
Producer Prices Change -0.80 -1.30 7.30 -7.60 percent [+]
Export Prices 116.70 116.50 120.60 87.20 points [+]
Import Prices 101.40 101.10 122.60 86.60 points [+]
Food Inflation 2.10 2.10 6.50 -1.50 percent [+]
CPI Housing Utilities 106.14 105.91 106.14 52.61 points [+]
CPI Transportation 108.99 107.23 108.99 57.10 points [+]