Annual inflation rate in France increased to 0.6 percent in January of 2021 from a flat reading in December, beating market forecasts of 0.4 percent. It is the highest inflation rate since July of 2020, preliminary estimates showed. Main upward pressure came from higher prices of services (0.9 percent vs 0.7 percent) and tobacco (12.7 percent vs 12.5 percent) and a rebound in cost of manufactured goods (1 percent vs -0.9 percent), due to the offset of winter sales. On a monthly basis, consumer prices are seen rising 0.2 percent. source: INSEE, France
Inflation Rate in France averaged 4.28 percent from 1958 until 2021, 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. This page provides the latest reported value for - France Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Inflation Rate in France is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in France to stand at 1.40 in 12 months time. In the long-term, the France Inflation Rate is projected to trend around 1.60 percent in 2022, according to our econometric models.