3 January 2017
2017- n° 1In December 2016, consumer prices increased by 0.6% year on year Consumer 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.
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.
tableauTable – 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
graphiqueGraph – Variations in the consumer price index
Documentation
Methodology (pdf,141 Ko)