France Inflation Rate

The inflation rate in France was recorded at 0.50 percent in June of 2014. Inflation Rate in France averaged 4.69 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. Inflation Rate in France is reported by the INSEE, France.

   
 
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France Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.70 18.80 -0.70 1958 - 2014 Percent Monthly
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.


France Inflation Rate Slows in June


French annual inflation eased to a nearly five-year low 0.5 percent in June of 2014 from 0.7 percent in the previous two months, as prices of food and manufactured products dropped further.


Year-on-year, prices of manufactured products fell by 1.2 percent in June of 2014, from -0.8 percent in the previous month. This decrease was partly linked to a time lag in the price collection calendar, which included a higher number of days during the summer sales in June this year than last year. This has significantly contributed to the fall of prices of clothing and footwear (-1.5 percent in June from +0.2 percent in May of 2014). In addition, prices declined for health products (-2.8 percent from -2.6 percent) and food (-1.5 percent from -0.9 percent). Energy prices increased 1.0 percent.

The core inflation indicator decelerated to an annual 0.1 percent in June of 2014, down from 0.3 percent in May of 2014, partly due to the time lag in the price collection calendar. 

On a monthly basis, consumer prices remained flat for the third consecutive month at 0.0 percent. Prices of services increased by 0.2 percent in June of 2014, mainly due to the seasonal price increases at the beginning of the summer holidays. Prices went up for accommodation services (3.8 percent in June of 2014), rentals for holiday residences (2.3 percent) and air fares bounced back (5.0 percent). In contrast, cost of package holidays fell 8.7 percent in June after the spring holidays and before the summer holidays. Moreover, prices of health services rose slightly in June of 2014 (+0.2 percent) while cost of phone services slowed down (-0.1 percent).

INSEE | Isabel Felino | isabel.felino@tradingeconomics.com
7/10/2014 4:36:56 PM


Recent Releases

French Inflation Steady at 0.7%
France’s annual inflation rate was recorded at 0.7 percent in May of 2014, the same rate recorded in April. Consumer prices were broadly unchanged despite a seasonal increase in food prices and in some services linked with holidays before the summer season. The other index components decreased slightly in May, especially energy prices and those of manufactured products. Published on 2014-06-12

France Inflation Rate Edges Up in April
French annual inflation rate accelerated slightly to 0.7 percent in April of 2014 from 0.6 percent in the previous month, driven by higher prices of tourist services. Published on 2014-05-14


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
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 0.7% 0.6% 0.9% 0.6%
2014-06-12 06:30 AM France
Inflation Rate YoY
May 2014 0.7% 0.7% 0.7% 0.64%
2014-07-10 07:45 AM France
Inflation Rate YoY
Jun 2014 0.5% 0.7% 0.79%
2014-08-13 07:45 AM France
Inflation Rate YoY
Jul 2014 0.5% 0.53%


Prices Last Previous Highest Lowest Unit
Inflation Rate 0.50 0.70 18.80 -0.70 Percent [+]
Inflation Rate Mom 0.00 0.00 0.83 -0.56 Percent [+]
Consumer Price Index (CPI) 128.14 128.19 128.20 84.90 Index Points [+]
Harmonised Consumer Prices 115.87 115.92 115.92 114.63 Index Points [+]
Producer Prices 107.10 107.70 110.10 81.50 Index Points [+]
Producer Prices Change -0.30 -0.90 7.30 -7.60 Percent [+]
Export Prices 120.40 120.60 120.60 87.20 Index Points [+]
Import Prices 112.30 113.00 122.60 86.60 Index Points [+]
Food Inflation -1.50 -0.90 6.50 -1.50 Percent [+]





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