In December 2016, consumer prices increased by 0.6% year on yearConsumer price index - provisional results - December 2016

Year on year, the Consumer Price Index (CPI) should increase by 0.6% in December 2016, a little faster than in the two previous months (+0.5% in November and +0.4% in October), according to the provisional estimate made at the end of December. This slight rise in inflation should be due to a more pronounced increase in energy and food prices. By contrast, services prices are expected to slow down a little and those of manufactured products should decline more strongly than in the previous month.

Informations rapides
No 1
Paru le : 03/01/2017
Prochaine parution le : 30/11/2017 at 08:45 - November 2017

Year on year, the Consumer Price Index (CPI) should increase by 0.6% in December 2016, a little faster than in the two previous months (+0.5% in November and +0.4% in October), according to the provisional estimate made at the end of December. This slight rise in inflation should be due to a more pronounced increase in energy and food prices. By contrast, services prices are expected to slow down a little and those of manufactured products should decline more strongly than in the previous month.

Over one month, the CPI is likely to edge up by 0.3% in December 2016, after a stability in the two previous months. Indeed, services prices should rebound seasonally, essentially because of airfares. Energy prices should increase as much as in the previous month. Food prices should go up at the same pace as in November. Moreover, manufactured product prices should be stable after a slight decrease in November.

Year on year, the Harmonised Index of Consumer Prices should accelerate slightly (+0.8% after +0.7% in November 2016). Over the month, it is set to rise by 0.3% after a stability in the previous month.

Warning: These provisional results are only preliminary data. Accordingly, they should not be used for contractual revaluations. The indices published here are based on a limited set of price observations and from estimates of some rates of change for fares which are not yet available. The complete results will be published on 12 January 2017.

Table – Consumer Price Indices

Year-on-year change %; 2015: 100
Consumer Price Indices
Weight 2016 Dec. 2015 Nov. 2016 Dec. 2016 (p)
CPI - All items* 10000 0.2 0.5 0.6
Food 1615 0.6 0.3 0.7
- Fresh food 217 3.1 2.2 5.5
- Other food products 1398 0.2 0.0 −0.1
Tobacco 195 0.3 0.1 0.1
Energy 773 −4.7 2.1 4.3
Manufactured products 2651 −0.3 −0.6 −0.9
Services 4766 1.1 1.0 0.9
HICP** - All items 10000 0.3 0.7 0.8
  • (p) provisional results

Graph – Variations in the consumer price index

  • *: Consumer Price Index
  • **: Harmonised Index of Consumer Prices
  • Geographical coverage: metropolitan France excluding Mayotte
  • Source: INSEE - Consumer Price Indices