The annual inflation rate in France was confirmed at 2.2% in April 2024, edging lower from 2.3% in March but slightly higher than the initial forecasts of 2.1%. Still, it marked the lowest level since September 2021, driven by lower inflation for food (1.2% vs 1.7% in March), and tobacco (9.0% vs 10.7%). Additionally, prices fell for manufactured products (-0.1% vs 0.1%), due to a decline in costs of health products, while prices of services increased at the same pace as in the prior month (3.0%). On the other hand, energy inflation climbed to 3.8%, accelerating from 3.4% in March. Compared to the previous month, the CPI grew 0.5%, following a 0.2% rise previously, prompted by an increase in services costs, particularly transport and insurance. Considering the EU-harmonised index, prices rose 2.4% on the year and 0.6% on the month, up from 2.4% and 0.2% respectively in the previous 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.