France's consumer prices surged 0.8 percent from a month earlier in March 2019 after being unchanged in February. The rebound in manufactured product prices (2.1 percent vs -0.4 percent) and the increase in those of services (0.2 percent vs unchanged) and tobacco (7.3 percent vs unchanged) were slightly attenuated by a slowdown in energy prices (1.1 percent vs 1.3 percent) and a downturn in food prices (-0.2 percent vs 0.2 percent). Inflation Rate Mom in France averaged 0.13 percent from 1990 until 2019, reaching an all time high of 1 percent in March of 2018 and a record low of -1 percent in January of 2015.
Inflation Rate Mom in France is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in France to stand at 0.40 in 12 months time. In the long-term, the France Inflation Rate MoM is projected to trend around 0.40 percent in 2020, according to our econometric models.