Latest Updates

• France CPI: September 2025 (Final) 2025-10-15 02:45

  

  France’s CPI fell -1.0% MoM in September 2025, following a +0.4% MoM increase in August, while the YoY rate rose to +1.2% YoY (from +0.9% YoY), confirming the flash estimates.

  • Core inflation was -0.1% MoM and +1.3% YoY (up from +1.2% YoY), and the HICP slipped -1.1% MoM but rose +1.1% YoY, both confirming provisional estimates.
  • Services prices climbed +2.4% YoY (vs +2.1%), driven by health services (+2.6% YoY) and rents/water/refuse collection (+2.5% YoY); “other services” inflation eased slightly to +3.0% YoY, while transport services declined -2.0% YoY.
  • Energy prices fell 4.4% YoY (vs -6.2%), their least steep decline in months, as petroleum products rebounded +0.2% YoY, with diesel up +0.7% YoY and petrol nearly stable (-0.4% YoY); electricity prices dropped -13.7% YoY and gas rose +6.4% YoY.
  • Food inflation ticked up to +1.7% YoY (from +1.6%), supported by higher prices for meat (+1.8% YoY), bread/cereals (+0.9% YoY), and non-alcoholic beverages (+9.5% YoY), while sugar/confectionery slowed to +5.4% YoY.
  • Fresh food inflation eased to +1.6% YoY (from +1.7%), with fruit decelerating (+2.4% YoY) but vegetables (+2.6% YoY) and fish (+4.1% YoY) accelerating.
  • Manufactured goods prices declined 0.4% YoY (vs -0.3%), with notable drops in major household appliances (-3.2% YoY) and furniture (-0.4% YoY); vehicle prices rose +0.9% YoY, partially offsetting the broader weakness.
  • Tobacco prices remained stable MoM and rose +4.1% YoY, continuing to provide a small upward contribution to headline inflation.

  Source
• France CPI: September 2025 (Preliminary) 2025-09-30 02:45

  

  France’s CPI rose +1.2% YoY (vs +1.3% YoY expected) in September 2025, up from +0.9% in August, while prices fell -1.0% MoM (vs -0.8% MoM expected) due to seasonal declines in transport and accommodation services.

  • Food inflation was +1.7% YoY, slightly higher than August (+1.6%), with fresh food stable at +1.7% and other food products edging up to +1.8%.

  • Tobacco prices rose +4.1% YoY, up modestly from +4.0% in August but well below the +8.7% pace seen in September 2024.

  • Energy prices declined -4.5% YoY, easing from -6.2% in August as petroleum base effects softened the downturn.

  • Manufactured goods prices slipped -0.4% YoY, a slightly faster decline than the -0.3% in August.

  • Services inflation accelerated to +2.4% YoY, up from +2.1% in August, largely due to slower falls in communication services and higher health service costs.

  • The Harmonised Index of Consumer Prices (HICP) rose +1.1% YoY (after +0.8% in August) but fell -1.1% MoM (after +0.5%).

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• France CPI: August 2025 (Final) 2025-09-12 02:45

  France’s CPI rose +0.4% MoM in August 2025, while the YoY rate eased slightly to +0.9% (from +1.0% in July); HICP was +0.5% MoM and +0.8% YoY. Both were unchanged from the preliminary estimates.

  • Core inflation slowed to +1.2% YoY (from +1.5% in July), highlighting softer underlying momentum.

  • Services inflation eased to +2.1% YoY (from +2.5%), with declines in transport (–1.9% vs +3.7% prior) and communication (–10.2% YoY), though cultural/recreational (+2.1%) and accommodation services (+4.9%) accelerated.

  • Energy prices fell –6.2% YoY (vs –7.2% in July), with softer declines in petroleum products (–3.6%) while gas rose +6.5% YoY and electricity remained –13.6%.

  • Food inflation held steady at +1.6% YoY, with fresh vegetables rebounding (+1.7%) and meat (+1.3%) and dairy (+0.3%) edging higher, while sugar/confectionery slowed (+6.1%) and fresh fruit decelerated (+4.4%).

  • Manufactured goods prices fell –0.3% YoY (vs –0.2%), as cultural/recreational goods (–0.7%) and furniture (–0.2%) weakened, partly offset by softer declines in appliances and modest gains in vehicles (+0.5%).

  • Tobacco prices rose +4.0% YoY, stable from July, continuing to support headline inflation despite overall weakness in goods prices.

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• France CPI: August 2025 (Preliminary) 2025-08-29 02:45

  

  France’s CPI rose +0.4% MoM (vs 0.5% MoM expected) and +0.9% YoY (vs 1.0% YoY expected) in August 2025, easing slightly from +1.0% YoY in July, with weaker services inflation offsetting smaller energy declines.

  • HICP inflation was +0.5% MoM and +0.8% YoY (vs 0.9% YoY expected), down slightly from +0.9% in July.
  • Services inflation slowed to +2.1% YoY (from +2.5%), reflecting softer transport-related prices.
  • Food inflation held steady at +1.6% YoY, with fresh food (+1.7%) and other food products (+1.6%) contributing equally.
  • Energy prices fell -6.2% YoY, moderating from -7.2% in July as petroleum products declined at a slower pace.
  • Manufactured product prices dropped -0.3% YoY (vs -0.2% in July), despite a seasonal MoM rebound after summer sales.
  • Tobacco inflation remained stable at +4.0% YoY, well below the +8.7% pace of August 2024.

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• France CPI: July 2025 (Final) 2025-08-14 02:45
  

  France’s CPI growth was confirmed at +0.2% MoM in July 2025, slowing from +0.4% in June, while the YoY rate held at +1.0%. Core inflation accelerated to +1.5% YoY (from +1.2% in June).

  • Services prices rose +1.3% MoM and +2.5% YoY, driven by transport (+10.2% MoM; +3.7% YoY) and accommodation (+11.7% MoM; +4.6% YoY).
  • Energy prices increased +0.9% MoM but fell -7.2% YoY, with petroleum products down -5.4% YoY and electricity down -13.6% YoY.
  • Food inflation accelerated to +1.6% YoY, with fresh food (+1.6%) supported by smaller declines in vegetables (-1.0%) and higher fresh fish prices (+3.4%).
  • Manufactured goods prices dropped -2.4% MoM due to summer sales but were steady at -0.2% YoY; clothing & footwear rose +1.9% YoY despite a -9.3% MoM seasonal drop.
  • HICP inflation was +0.3% MoM and +0.9% YoY, both unchanged from June’s annual pace.

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• France CPI: July 2025 (Preliminary) 2025-07-31 02:45
  

  France’s CPI rose 0.2% MoM (vs 0.1% MoM expected) and 1.0% YoY (vs 1.0% YoY expected) in July 2025, unchanged from June, with lower energy inflation offset by a slight acceleration in food and services prices.

  • Energy prices fell -7.2% YoY (vs -6.7% in June), driven by a base effect from last year’s gas spike.
  • Food inflation ticked up to 1.6% YoY, with fresh food also rising 1.6% (vs 1.2% in June).
  • Services inflation edged up to 2.5% YoY (from 2.4%), while manufactured goods remained down -0.2% YoY.
  • Tobacco prices held steady at +4.0% YoY, after surging 8.7% YoY in July 2024.
  • HICP inflation was 0.3% MoM (vs 0.2% MoM expected) and 0.9% YoY (vs 0.8% YoY expected).

  Source
• France CPI: June 2025 (Final) 2025-07-11 02:45
  

  France’s CPI inflation was revised up to 0.4% MoM and 1.0% YoY from the initial estimate of 0.3% MoM and 0.9% YoY in June 2025, with the monthly rise driven by stronger services and energy prices.

  • Core inflation ticked up to +1.2% YoY (from +1.1%), while HICP inflation was +0.4% MoM and +0.9% YoY (vs the initial estimate of 0.8% YoY).
  • Services prices rose +2.4% YoY, led by airfares (+4.6% YoY) and accommodation (+5.5% YoY); communication prices fell -12.1% YoY.
  • Energy prices fell -6.7% YoY (vs -6.9% YoY in the first estimate), a smaller drop than May’s -8.0%, with petroleum product prices down -6.2% YoY.
  • Food inflation accelerated slightly to +1.4% YoY, with fresh fruit (+6.8%) and non-alcoholic beverages (+8.9%) offsetting a decline in fresh vegetables (-4.2%).
  • Manufactured goods prices remained weak at -0.2% YoY, unchanged from May, with health products down -0.9% YoY and household appliances down -1.8% YoY.

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• France CPI: June 2025 (Preliminary) 2025-06-27 02:45
  

  France’s CPI rose 0.3% MoM (vs 0.2% MoM expected) in June, pushing the annual inflation rate to 0.9% YoY (vs 0.7% YoY expected), up from 0.7% in May, driven by services and a rebound in energy prices.

  • HICP inflation rose 0.4% MoM (vs 0.2% MoM expected) and 0.8% YoY (up from 0.6% YoY and above expectations of 0.7% YoY), confirming a modest pickup in price pressures.
  • Services inflation accelerated to 2.4% YoY (from 2.1% YoY), led by accommodation, transport, and health.
  • Energy prices fell -6.9% YoY, a smaller decline than -8.0% YoY in May.
  • Food inflation ticked up to 1.4% YoY (from 1.3% YoY), with fresh food slowing to 1.2% (from 1.5% YoY).
  • Manufactured goods inflation remained unchanged at -0.2% YoY.

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• France CPI: May 2025 (Final) 2025-06-13 02:45
  

  France’s CPI growth in May was confirmed at -0.1% MoM and 0.7% YoY, down from 0.8% YoY in April.

  • Energy CPI was revised up slightly from -8.1% YoY in the first estimate to -8.0% YoY in the final estimate.
  • HICP inflation was also confirmed at -0.2% YoY and 0.6% YoY.
  • Core inflation was -0.1% MoM and 1.1% YoY, down from 1.3% YoY and the lowest since August 2021.

  Source
• France CPI: May 2025 (Preliminary) 2025-05-27 02:45
  

  France’s CPI fell -0.1% MoM (vs +0.1% MoM expected) in May, after rising 0.6% MoM in April, while the YoY rate eased to 0.7% YoY, down from 0.8% YoY and below expectations of 0.9% YoY.

  • Energy prices declined for the fourth straight month, down -8.1% YoY (vs -7.8% in April), led by falling petroleum and gas prices.
  • Services inflation slowed to 2.1% YoY (from 2.4%), with transport and communication driving the deceleration.
  • Food inflation edged up to 1.3% YoY (from 1.2%), though fresh food prices slowed to 1.7% YoY (from 4.0%).
  • Manufactured goods prices remained flat at -0.2% YoY, while tobacco inflation held steady at 4.1% YoY.
  • HICP fell -0.2% MoM and slowed to 0.6% YoY, down from 0.9% YoY and below expectations of increases of 0.1% MoM and 0.9% YoY.

  Source
• France CPI: April 2025 (Final) 2025-05-15 02:45
  

  France’s CPI inflation in April was revised up to 0.6% MoM and 0.8% YoY from the first estimate of 0.5% MoM and 0.8% YoY.

  • Services inflation was revised up to 2.4% YoY from the first estimate of 2.3% YoY. Transport prices were notably strong, up 10.2% MoM and 3.9% YoY.
  • Energy inflation was revised up slightly to -7.8% YoY from the first estimate of -7.9% YoY.
  • HICP inflation was also revised up to 0.7% MoM and 0.9% YoY from the first estimate of 0.6% MoM and 0.8% YoY.
  • Core inflation was recorded at 0.2% MoM and 1.3% YoY in April, unchanged for the last five months.

  Source
• France CPI: April 2025 (Preliminary) 2025-04-30 02:45
  

  France’s CPI rose 0.5% MoM in April, above expectations of an 0.3% MoM increase, while the YoY rate held steady at 0.8% (vs 0.7% YoY expected), with energy deflation deepening but food and services prices rebounding.

  • Food inflation reaccelerated to 1.2% YoY (from 0.6%), led by fresh food up 4.0% YoY (vs 3.8%).
  • Energy prices fell -7.9% YoY, down from -6.6% in March, marking a continued drag on headline inflation.
  • Services inflation was unchanged at 2.3% YoY, while manufactured goods inflation remained negative at -0.2% YoY.
  • HICP rose 0.6% MoM (vs 0.3% expected) and slowed to 0.8% YoY (vs 0.7% expected) in April, down from 0.9% YoY in March.

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