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France France CPI

Data Prices
Source
Insee
Source Link
https://www.insee.fr/
Frequency
Monthly
Next Release(s)
December 12th, 2025 2:45 AM

Latest Updates

  • France’s CPI was unchanged at +0.9% YoY (vs 1.0% YoY expected) in November 2025 and fell -0.1% MoM, reflecting offsetting moves across major components and marking another month of subdued headline inflation.

    • The Harmonised Index of Consumer Prices (HICP) held at +0.8% YoY (vs 1.0% YoY expected) but declined -0.2% MoM (Oct: +0.1% MoM), mirroring the monthly decrease seen in the national CPI.

    • Food inflation accelerated to +1.4% YoY (Oct: +1.3%), driven by a sharp rise in other food products (+1.9% YoY) that outweighed a deeper decline in fresh food prices (-2.8% YoY).

    • Energy prices fell -4.6% YoY (Oct: -5.6%), showing a smaller annual decline due to a more moderate drop in petroleum product prices.

    • Manufactured goods prices declined -0.6% YoY (Oct: -0.5%), indicating slightly stronger deflationary pressure in this category.

    • Services inflation eased to +2.2% YoY (Oct: +2.4%), with communication services contributing notably to the slowdown.

    • Tobacco prices rose +4.1% YoY, matching October’s pace and remaining one of the strongest contributors to inflation.