Annual inflation rate in France increased to 0.2 percent in November of 2020, following a flat reading in each of the previous two months and in line with preliminary estimates. Cost rose faster for services (0.7 percent vs 0.4 percent), mainly due to a rebound in cost of mobile phone services and food (2 percent after 1.5 percent), namely fresh fruits and vegetables and energy prices fell at the same pace (-7.8 percent). In addition, prices of tobacco slowed (12.5 percent vs 13.7 percent) and those of manufactured goods decreased more sharply (-0.3 percent vs –0.1 percent). On a monthly basis, consumer prices increased 0.2 percent, matching preliminary estimates. The harmonized index also increased an annual 0.2 percent and 0.2 percent on a monthly basis. source: INSEE, France
Inflation Rate in France averaged 4.29 percent from 1958 until 2020, 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 December of 2020.
Inflation Rate in France is expected to be -0.10 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 1.20 in 12 months time. In the long-term, the France Inflation Rate is projected to trend around 1.40 percent in 2021 and 1.60 percent in 2022, according to our econometric models.