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In December 2011, the consumer price index increased: +0.4%; year-on-year, it rose by 2.5%

Price index – December 2011

Monthly change: +0.4%; year–on–year: +2.5%

In December 2011, the consumer price index (CPI) increased by 0.4%, after a rose by 0.3% in November. The year-on-year change was +2.5% in December. The price index without tobacco grew by 0.4% in December 2011 (+2.4% year-on-year).

Adjusted from seasonal variations, the monthly change increased by 0.3% (+2.5% year-on-year).

The rose of CPI of December resulted from the seasonal increase of services and fresh products prices. Prices of manufactured products increased a bit with the end of some special offers. Energy Prices went down slightly.

For seasonal reasons, prices of services were growing

In December 2011, prices of services were growing (+0.5%; +1.8% year-on-year), due to the growth of prices of tourism services with year holidays and the minimum wage increase which took effect the 1st of December.

Increase of manufactured products prices

Prices of manufactured products increased by 0.5% in December 2011 (+1.0% year-on-year).

Prices of food products went up slightly

Prices of food products went up slightly in December 2011 (+0.3%; +3.3% year-on-year), after an increase by 0.3% in November. Prices of fresh products went up by 0.9% in December 2011 (—1.7% year-on-year), as usual at this time of the year. Prices of food products except fresh products were growing moderately (+0.2%; +4.1% year-on-year).

Consumer price index (IPC) and Core inflation (ISJ) – year-on-year changes

Consumer price index (IPC) and Core inflation (ISJ) – year-on-year changes

Source : Insee - indices des prix à la consommation

Small decrease of energy prices

In December 2011, prices of energy decreased by 0.1% (+9.3% year-on-year).

Core-inflation increased

Core-inflation (ISJ) increased by 0.3% in December 2011 (+1.8% year-on-year).

The harmonised consumer price index (HCPI) went up by 0.4% (+2.7% year-on-year).

Informations Rapides

n° 14 - January 12, 2012

Consumer price index - December 2011

Next issue June 12, 2013 08:45 - May 2013

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