France's consumer price inflation is expected to pick up to 1.3 percent year-on-year in April 2021, the highest level since February 2020 and in line with market expectations, a preliminary estimate showed. Prices of services and energy should increase at a faster pace, while cost for manufactured products and food are likely to fall. On a monthly basis, consumer prices are expected to advance 0.2 percent, easing from a 0.6 percent rise in March. 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 May of 2021.

Inflation Rate in France is expected to be 1.00 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 1.50 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
1.30 1.10 18.80 -0.70 1958 - 2021 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
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 1.1% 0.6% 1.1% 1.1%
2021-04-30 06:45 AM Inflation Rate YoY Prel Apr 1.3% 1.1% 1.3% 1.4%
2021-05-12 06:45 AM Inflation Rate YoY Final Apr 1.1% 1.3% 1.3%
2021-05-28 06:45 AM Inflation Rate YoY Prel May
2021-06-11 06:45 AM Inflation Rate YoY Final May
2021-06-30 06:45 AM Inflation Rate YoY Prel Jun


News Stream
French Inflation Rate Hits 14-Month High in April
France's consumer price inflation is expected to pick up to 1.3 percent year-on-year in April 2021, the highest level since February 2020 and in line with market expectations, a preliminary estimate showed. Prices of services and energy should increase at a faster pace, while cost for manufactured products and food are likely to fall. On a monthly basis, consumer prices are expected to advance 0.2 percent, easing from a 0.6 percent rise in March.
2021-04-30
France March Inflation Rate Confirmed at 1-Year High
The annual inflation rate in France increased to a one-year high of 1.1% in March of 2021 from 0.6% in February, in line with preliminary estimates. Main upward pressure came from prices of services (1.1% vs 0.8% in February), namely those of transport services (1.8% vs -0.7%) in the wake of airfares (4.2% vs -4.5%); and energy (4.7% vs -1.6%), of which petroleum products (5.6% vs -4.6%) and natural gas (8.7% vs 0.7%). Costs also went up slightly for food (0.9% vs 0.8%), on account of fresh vegetables (6.3% vs 2.4%). At the same time, the rate of decrease in manufactured good prices softened (-0.2% vs -0.4%). Meanwhile, tobacco prices slowed down (5.8% vs 12.8%). On a monthly basis, consumer prices went up 0.6%, the highest monthly rate since March of 2019 and also in line with early figures. The harmonized index increased an annual 1.4% and 0.7% on a monthly basis.
2021-04-15
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
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).