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France Inflation Rate

Last Release
Jun 30, 2024
Actual
2.2
Units In
%
Previous
2.3
Frequency
Monthly
Next Release
Jul 31, 2024
Time to Release
16 Days 5 Hours
Highest
Lowest
Average
Date Range
Source
18.8
Apr 1958
-0.7
Jul 2009
4.25 %1958-2024N/A
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).

Latest Updates

The annual inflation rate in France eased to 2.2% in June 2024, down from 2.3% in the previous month but revising higher than preliminary estimates of 2.1%. The slight drop in inflation is driven by the slowdown in energy prices (4.8% vs 5.7%), particularly petroleum products (0.7% vs 2.9%), as well as those of food prices (0.8% vs 1.3%). In contrast, services inflation ticked higher (+2.9% after +2.8%), while costs of manufactured products remained stable and tobacco prices were unchanged (8.7%). On a monthly basis, the CPI grew 0.1%, after stalling in the prior period. Considering the EU-harmonised index, annual inflation fell to 2.5% from 2.6% and the monthly rate rose to 0.2% from 0.1% previously.

France Inflation Rate History

Last 12 readings

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