The annual inflation rate in France was confirmed at 2.3% in March 2024, down from 3% in February, and compared to initial forecasts of 2.6%. It marked the lowest level since September 2021, driven by a broad slowdown in prices for food (1.7% vs 3.6% in February), services (3.0% vs 3.2%), energy (3.4% vs 4.3%), and manufactured products (0.1% vs 0.4%). Tobacco prices also moderated sharply (10.7% vs 18.7%). On a monthly basis, consumer prices grew 0.2%, easing from a prior 0.8% advance, mainly due to a decline in energy costs, mostly gas and petroleum products. Considering the EU-harmonised index, prices rose 2.4% on the year and 0.2% on the month, also easing from 3.2% and 0.9% respectively in the previous month. source: INSEE, France
Inflation Rate in France decreased to 2.30 percent in March from 3 percent in February 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 April of 2024.
Inflation Rate in France decreased to 2.30 percent in March from 3 percent in February 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.