France Inflation Rate

The inflation rate in France was recorded at 0.60 percent in March of 2014. Inflation Rate in France is reported by the INSEE, France. Inflation Rate in France averaged 4.71 Percent from 1958 until 2014, 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. In France, the most important categories in the consumer price index are manufactured products excluding clothing and pharmaceuticals (20.6 percent of total weight) and food (16.4 percent). The index also includes: healthcare (10.1 percent); energy (8.7 percent); rentals and real estate services (7.4 percent); transport and communication services (5 percent); clothing and footwear (4.7 percent) and pharmaceuticals (4.6 percent). These weighs are updated annually and express the share of expenditures on a given aggregate as a total of the household consumption expenditures. This page provides - France Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.60 0.90 18.80 -0.70 0.68 | 2014/06 1958 - 2014 Percent Monthly

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France Inflation Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-14 07:45 AM France
Inflation Rate YoY
Dec 2013 0.7% 0.7% 0.9% 0.69%
2014-02-20 07:45 AM France
Inflation Rate YoY
Jan 2014 0.7% 0.7% 0.9% 0.67%
2014-03-13 07:45 AM France
Inflation Rate YoY
Feb 2014 0.9% 0.7% 1.1% 0.64%
2014-04-10 07:45 AM France
Inflation Rate YoY
Mar 2014 0.6% 0.9% 0.61%
2014-05-14 07:45 AM France
Inflation Rate YoY
Apr 2014 0.6% 0.6%
2014-06-12 07:45 AM France
Inflation Rate YoY
May 2014 0.64%
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Prices Last Previous Highest Lowest Forecast Unit
Consumer Price Index (CPI) 128.20 2014-03-15 127.63 128.20 84.90 128.32 2014-06-30 Index Points [+]
Export Prices 109.30 2013-09-15 108.00 110.40 87.20 106.43 2014-06-30 Index Points [+]
Harmonised Consumer Prices 115.92 2014-03-15 115.33 115.92 114.63 115.21 2014-06-30 Index Points [+]
Import Prices 118.20 2013-09-15 118.40 122.60 86.60 115.86 2014-06-30 Index Points [+]
Inflation Rate Mom 0.45 2014-03-15 0.55 0.83 -0.56 0.14 2014-06-30 Percent [+]
Producer Prices 108.10 2014-02-15 108.20 110.10 81.50 105.97 2014-06-30 Index Points [+]
Producer Prices Change -1.70 2014-02-15 -1.20 7.30 -7.60 -2.20 2014-06-30 Percent [+]
Inflation Rate 0.60 2014-03-31 0.90 18.80 -0.70 0.68 2014-06-30 Percent [+]
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French Inflation Rate Slows in March

French annual consumer prices decelerated in March of 2014 to 0.6 percent, the lowest rate since October last year. On a monthly basis, prices rose 0.4 percent, down from 0.6 percent in February.

Year-on-year, prices of petroleum products decreased 6 percent and fresh food cost went down 3.3 percent as supply was spurred by favorable weather conditions in recent months. Prices of medical products fell 3 percent, energy cost declined 1.6 percent and prices of manufactured products contracted 0.8 percent. 

The highest upward pressure came from tobacco cost (+7 percent yoy) and prices of services (+1.8 percent). 

As in February, the increase in the CPI in March came from the recovery in manufactured product prices after the period of sales, especially from its impact on clothing and footwear prices, and from seasonal pressures in service prices linked with the winter vacation period. On the other hand, energy prices and, in a lesser manner, food prices showed downward trends.

Core inflation rate grew by an annual 0.4 percent, slowing from a 0.5 percent increase in February. 

The EU harmonized CPI increased by 0.5 percent in February and by 0.7 percent year-on-year.

INSEE | Joana Taborda | joana.taborda@tradingeconomics.com
4/10/2014 9:29:16 AM

RECENT RELEASES

French Inflation Rate Accelerates in February
French consumer prices increased to 0.9 percent year-on-year in February of 2014, after remaining steady at 0.7 percent in each of the previous three months. On a monthly basis, prices accelerated to 0.6 percent after a decline of 0.6 percent in January. Published on 2014-03-13

French CPI Unchanged in January
In January of 2014, French annual inflation rate remained steady at 0.7 percent for the second straight month. From December to January, prices fell 0.6 percent, after a 0.3 percent drop in the previous period. Published on 2014-02-20


Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


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