France Inflation Rate

Last Release

Oct 31, 2024

Actual

1.2

Units In

1.1

Frequency

Monthly

Next Release

Nov 29, 2024

Time to Release

27 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
18.8 Apr 1958	-0.7 Jul 2009	4.24 %	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

Annual inflation rate in France edged up to 1.2% in October 2024 from 1.1% in September which was the lowest since March 2021, and above forecasts of 1.1%, preliminary estimates showed. Prices increased faster for food (0.6% vs 0.5%), mostly fresh products (4.5% vs 2.6%). Also, prices declined less for energy (-2% vs -3.3%) and manufactured products (-0.2% vs -0.3%). Meanwhile, cost of tobacco went up 8.7%, the same as in the previous month and services inflation eased to 2.2% from 2.4%. Compared to the previous month, the CPI went up 0.2%, rebounding from a 1.2% fall in September, mainly due to petroleum and gas products, clothing and footwear, transport and prices of food in particular fresh products. Tobacco prices were stable. The EU-harmonised annual inflation rate went up to 1.5% from 1.4% which was the lowest since March 2021 and in line with forecasts. The harmonised CPI went up 0.3% following a 1.3% fall.