In February 2017, consumer prices increased by 1.2% year on yearConsumer price index - provisional results - February 2017

According to the provisional estimate made at the end of February, the Consumer Price Index (CPI) should barely slacken (+1.2% year on year) after a sharp acceleration in January (+1.3% after +0.6% in December). This slight slowdown is expected to be the result of a sharp decline in manufactured products prices, largely offset by an acceleration in the prices of tobacco and energy and a more moderate one for food and services prices.

Informations rapides
No 52
Paru le : 28/02/2017
Prochaine parution le : 31/05/2017 at 08:45 - May 2017

According to the provisional estimate made at the end of February, the Consumer Price Index (CPI) should barely slacken (+1.2% year on year) after a sharp acceleration in January (+1.3% after +0.6% in December). This slight slowdown is expected to be the result of a sharp decline in manufactured products prices, largely offset by an acceleration in the prices of tobacco and energy and a more moderate one for food and services prices.

Over one month, consumer prices should pick up slightly : +0.1% after −0,2% in the previous month. This slight rise should come from a rebound in services prices and an increase in tobacco prices. Food prices are set to slown down sligtly due to fresh food. Winter sales having continued in February, manufactured products prices should fall again, thus mitigating the overall rebound. Finally, energy prices should stabilise after five months of sustained increase.

Year on year, the Harmonised Index of Consumer Prices should slow down too (+1.4% after +1.6% in January). Over one month, it is set to increase sligthly: +0.1% after −0,3 % 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 15 March 2017.

Table – Consumer Price Indices

Year-on-year change %; 2015: 100
Consumer Price Indices
Weight 2017 Feb. 2016 Jan. 2017 Feb. 2017 (p)
CPI - All items* 10000 −0.2 1.3 1.2
Food 1627 0.2 1.3 1.5
- Fresh food 235 0.4 9.0 10.8
- Other food products 1392 0.2 0.1 0.1
Tobacco 188 0.3 0.1 1.0
Energy 748 −6.8 10.3 11.4
Manufactured products 2617 −0.1 −0.3 −1.6
Services 4820 0.8 0.9 1.1
HICP** - All items 10000 −0.1 1.6 1.4
  • (p) provisional results
  • *: Consumer Price Indexes
  • **: Harmonised Index of Consumer Prices

Graph – Variations in the consumer price index

  • Geographical coverage: France excluding Mayotte
  • Source: INSEE - Consumer Price Indices