France Inflation Rate

Last Release

Dec 31, 2024

Actual

1.3

Units In

1.3

Frequency

Monthly

Next Release

Jan 31, 2025

Time to Release

15 Days 18 Hours

Highest	Lowest	Average	Date Range	Source
18.8 Apr 1958	-0.7 Jul 2009	4.23 %	1958-2024	N/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 was confirmed at 1.3% in December, in line with initial estimates and unchanged from the previous month. This stability in inflation is attributed to the year-on-year rebound in energy prices (1.2% vs -0.7%), which was offset by a slowdown in service costs (2.2% vs 2.3%), the stabilization of food prices (vs 0.2%), and a slightly larger decline in costs of manufactured goods (-0.4% vs -0.3%). Meanwhile, tobacco prices rose at the same rate as in November (8.7%). Compared to the prior month, consumer prices rose 0.2%, consistent with estimates, following a 0.1% decline in November. This increase was driven by a seasonal rebound in airfare prices (16.7% vs -11.4%). The EU-harmonized CPI rose 1.8% annually, up from 1.7% in November, and increased 0.2% monthly, both aligning with preliminary estimates.