The annual inflation rate in France eased to 2.2% in April 2024, edging lower from 2.3% in March, but above forecasts of 2.1%, preliminary estimates showed. Still, it was the lowest reading since September 2021, due to a slowdown in prices for food (1.2% vs 1.7% in March), with costs of fresh food falling 0.7%; and tobacco (9% vs 10.7%). At the same time, costs fell for manufactured products (-0.1% vs 0.1%), while prices accelerated for energy (3.8% vs 3.4%), and unchanged for services (3.0%). Compared to the previous month, the CPI rose 0.5%, in line with forecasts and up from a prior 0.2% rise, due to an increase in prices of services, particularly transport and other services. Considering the EU-harmonised index, prices rose 2.4% on the year and 0.6% on the month. source: INSEE, France
Inflation Rate in France decreased to 2.20 percent in April from 2.30 percent in March of 2024. Inflation Rate in France averaged 4.26 percent from 1958 until 2024, 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 May of 2024.
Inflation Rate in France decreased to 2.20 percent in April from 2.30 percent in March of 2024. Inflation Rate in France is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Inflation Rate is projected to trend around 1.90 percent in 2025 and 1.70 percent in 2026, according to our econometric models.