The annual inflation rate in France accelerated to 2.4% in August 2026, the highest reading since May, up from 2.1% in July, according to preliminary estimates. The pickup was mainly driven by a sharp acceleration in energy inflation, which rose to 16.7% from 12.6%, particularly for petroleum products. Meanwhile, the decline in manufactured goods prices eased to 0.4% from 0.7%, while food inflation edged up to 1.1% from 1.0%, led by faster increases in fresh food prices. In contrast, services inflation slowed to 2.0% from 2.2%, while tobacco inflation remained unchanged at 3.3%. On a monthly basis, the CPI rose 0.7%, the most since April, compared with market expectations and July’s 0.6% gain, as manufactured goods prices rebounded seasonally following summer sales, while energy and food prices also increased. The EU-harmonised annual inflation rate accelerated to 2.7% from 2.4%, while monthly HICP inflation rose to 0.8% from 0.6%. source: INSEE, France

Inflation Rate in France increased to 2.40 percent in August from 2.10 percent in July of 2026. Inflation Rate in France averaged 4.16 percent from 1958 until 2026, 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 September of 2026.

Inflation Rate in France increased to 2.40 percent in August from 2.10 percent in July of 2026. Inflation Rate in France is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Inflation Rate is projected to trend around 1.80 percent in 2027 and 1.90 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-14 06:45 AM
Inflation Rate YoY Final
Jul 2.1% 1.8% 2.1% 2.1%
2026-08-28 06:45 AM
Inflation Rate YoY Prel
Aug 2.4% 2.1% 2.2%
2026-09-15 06:45 AM
Inflation Rate YoY Final
Aug 2.1% 2.4% 2.4%



Components Last Previous Unit Reference
Energy Inflation 16.70 12.60 percent Aug 2026
Food Inflation 1.10 1.00 percent Aug 2026
Services Inflation 2.00 2.20 percent Aug 2026

Related Last Previous Unit Reference
Consumer Price Index CPI 102.68 102.11 points Jul 2026
Core Consumer Prices 101.53 101.04 points Jul 2026
Core Inflation Rate 1.30 1.00 percent Jul 2026
CPI Food 101.38 101.25 points Jul 2026
CPI Housing Utilities 102.83 102.16 points Jul 2026
CPI Transportation 108.28 105.16 points Jul 2026
Harmonised Consumer Prices 103.82 103.00 points Aug 2026
Import Prices of Industrial Products 117.60 116.70 points Jul 2026
Inflation Rate YoY 2.40 2.10 percent Aug 2026
Inflation Rate MoM 0.70 0.60 percent Aug 2026
PPI MoM 1.10 -0.40 percent Jul 2026
Producer Prices 124.10 122.70 points Jul 2026
PPI YoY 3.40 2.80 percent Jul 2026


France Inflation Rate
In France, the most important category in the consumer price index is services (48 percent of total weight), in particular rents, water and garbage collection (8 percent), health services (7 percent), transport (2 percent), and communication (2 percent). The index also includes: manufactured products (24 percent) such as medical products (4 percent) and clothing and footwear (3 percent); food (16 percent); energy (9 percent) such as petroleum products (4 percent); and tobacco (2 percent).
Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.10 18.80 -0.70 1958 - 2026 percent Monthly
2015=100, NSA

News Stream
France Inflation Picks Up in August
The annual inflation rate in France accelerated to 2.4% in August 2026, the highest reading since May, up from 2.1% in July, according to preliminary estimates. The pickup was mainly driven by a sharp acceleration in energy inflation, which rose to 16.7% from 12.6%, particularly for petroleum products. Meanwhile, the decline in manufactured goods prices eased to 0.4% from 0.7%, while food inflation edged up to 1.1% from 1.0%, led by faster increases in fresh food prices. In contrast, services inflation slowed to 2.0% from 2.2%, while tobacco inflation remained unchanged at 3.3%. On a monthly basis, the CPI rose 0.7%, the most since April, compared with market expectations and July’s 0.6% gain, as manufactured goods prices rebounded seasonally following summer sales, while energy and food prices also increased. The EU-harmonised annual inflation rate accelerated to 2.7% from 2.4%, while monthly HICP inflation rose to 0.8% from 0.6%.
2026-08-28
France July Inflation Confirmed at 2.1%
The annual inflation rate in France accelerated to 2.1% in July 2026 from 1.8% in June, confirming preliminary estimates. The pickup was primarily driven by faster services inflation (2.2% vs 1.9% in June), particularly for other services (2.5% vs 2.1%), including accommodation (7.3% vs 6.3%) and food services (1.9% vs 1.8%). Energy price growth also accelerated (12.6% vs 11.0%), mainly for gas (17.7% vs 10.4%) and petroleum products (20.7% vs 19.7%). Meanwhile, food inflation edged up to 1.0% from 0.9%. In contrast, manufactured goods prices fell at a softer pace (-0.7% vs -1.1%), while tobacco inflation was unchanged at 3.3%. Core inflation accelerated to 1.3% from 1.0%. On a monthly basis, consumer prices rose 0.6%, rebounding from a 0.3% decline in June, driven by higher services prices (+1.6%) and energy costs (+2.3%), primarily petroleum products and gas. The EU-harmonised CPI rose 2.4% year-on-year, up from 2.0% in June, while increasing 0.6% month-on-month.
2026-08-14
France Inflation Rate Unexpectedly Picks Up
The annual inflation rate in France accelerated to 2.1% in July 2026, defying market expectations that it would hold at June's 1.8%, according to preliminary estimates. The pickup was mainly driven by faster increases in services prices (2.3% vs. 1.9% in June), particularly for accommodation and communication services, alongside stronger energy inflation (12.4% vs. 11.0%) amid higher gas and petroleum product prices. Meanwhile, the decline in manufactured goods prices eased (-0.7% vs. -1.1%), partly reflecting less pronounced seasonal sales effects, while food inflation held steady at 0.9% and tobacco inflation remained unchanged at 3.3%. On a monthly basis, consumer prices rose 0.6%, rebounding from a 0.3% decline in June, driven by seasonal increases in transport and accommodation services as well as higher energy prices. The EU-harmonised annual inflation rate also accelerated to 2.4% from 2.0%, while the monthly HICP increased 0.6% after falling 0.3% in June.
2026-07-31