31 August 2017
2017- n° 227In August 2017, consumer prices increased by 0.9% year on year Consumer price index - provisional results - August 2017
Over a year, the Consumer Price Index (CPI) should increase by 0.9% in August 2017, after +0.7% in the previous month, according to the provisional estimate made at the end of the month. This rise in year-on-year inflation should result from a sharp acceleration in energy prices and a slightly faster growth, in services prices. On the other hand, food prices are set to slow down slightly and manufactured product prices should fall more sharply than in the previous month.
Over a year, the Consumer Price Index (CPI) should increase by 0.9% in August 2017, after +0.7% in the previous month, according to the provisional estimate made at the end of the month. This rise in year-on-year inflation should result from a sharp acceleration in energy prices and a slightly faster growth, in services prices. On the other hand, food prices are set to slow down slightly and manufactured product prices should fall more sharply than in the previous month.
Over one month, consumer prices should recover sharply (+0.5% after –0,3% in July). This increase should mainly be due to a seasonal rebound in manufactured product prices after the summer sales in the metropolitan area, and a seasonal momentum, in the prices of some tourism-related services. Energy prices should pick up strongly, due to the annual revision in electricity fees and a rebound in petroleum product prices. Food prices are set to be stable after a slight rise in the previous month.
Year on year, the Harmonised Index of Consumer Prices should accelerate to +1.0% after +0.8% in July. Over one month, it should recover to 0.6% after –0,4% 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 14 September 2017.
tableauTable – Consumer Price Indices
| Weight 2017 | Aug. 2016 | July 2017 | Aug. 2017 (p) | |
|---|---|---|---|---|
| CPI - All items* | 10000 | 0.2 | 0.7 | 0.9 |
| Food | 1627 | 1.5 | 0.7 | 0.6 |
| - Fresh food | 235 | 10.8 | 0.4 | −0.8 |
| - Other food products | 1392 | 0.1 | 0.8 | 0.9 |
| Tobacco | 188 | 0.1 | 2.4 | 2.4 |
| Energy | 748 | −3.0 | 1.9 | 4.9 |
| Manufactured products | 2617 | −0.5 | −0.4 | −0.6 |
| Services | 4820 | 0.7 | 1.0 | 1.1 |
| HICP** - All items | 10000 | 0.4 | 0.8 | 1.0 |
- (p) provisional results
- *: Consumer Price Indexes
- **: Harmonised Index of Consumer Prices
graphiqueGraph – Variations in the consumer price index
- Geographical coverage: France excluding Mayotte
- Source: INSEE - Consumer Price Indices
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