4 January 2019
2019- n° 1In December 2018, consumer prices increased by 1.6% year on year Consumer price index - provisional results - December 2018
Over a year, the Consumer Price Index (CPI) should slow down for the second consecutive month: +1.6% in December 2018 after +1.9% in November and +2.2% in October, according to the provisional estimate made at the beginning of January 2019. The fall in inflation should result from a deceleration in the prices of energy, services and tobacco and a more pronounced drop in those of manufactured products. Contrariwise, food prices should accelerate.
Over one month, consumer prices should be stable after a 0.2% downturn in November. Energy prices should fall sharply, in the wake of petroleum product prices. Those of manufactured products should edge down after a slight rise in the previous month. Conversely, those of services should pick up due to a seasonal rebound in airfares. Food prices should rise, after a drop in the previous month.
Year on year, the Harmonised Index of Consumer Prices should slow down sharply to +1.9% after +2.2% in November. Over one month, it should increase by 0.1%, after a 0.2% downturn in the previous month.
tableauFigure 1 – Consumer Price Indices
| Weight 2018 | Dec. 2017 | Nov.2018 | Dec. 2018 (p) | |
|---|---|---|---|---|
| CPI - All items* | 10000 | 1,2 | 1,9 | 1,6 |
| Food | 1627 | 1,3 | 1,9 | 2,5 |
| - Fresh food | 243 | 2,6 | 5,0 | 7,8 |
| - Other food products | 1384 | 1,1 | 1,4 | 1,6 |
| Tobacco | 193 | 6,0 | 14,5 | 12,8 |
| Energy | 777 | 5,0 | 11,2 | 8,2 |
| Manufactured products | 2594 | −0,1 | -0,3 | -0,5 |
| Services | 4809 | 1,0 | 1,0 | 0,9 |
| HICP** - All items | 10000 | 1,2 | 2,2 | 1,9 |
- (p) provisional results
- *: Consumer Price Indexes
- **: Harmonised Index of Consumer Prices
tableauVariations in the consumer price index
| 12-month-rate | 1-month-rate | |
|---|---|---|
| 2015-01 | -0.4 | -1.0 |
| 2015-02 | -0.3 | 0.7 |
| 2015-03 | -0.1 | 0.7 |
| 2015-04 | 0.1 | 0.1 |
| 2015-05 | 0.3 | 0.2 |
| 2015-06 | 0.3 | -0.1 |
| 2015-07 | 0.2 | -0.4 |
| 2015-08 | 0.0 | 0.3 |
| 2015-09 | 0.0 | -0.4 |
| 2015-10 | 0.1 | 0.1 |
| 2015-11 | 0.0 | -0.2 |
| 2015-12 | 0.2 | 0.2 |
| 2016-01 | 0.2 | -1.0 |
| 2016-02 | -0.2 | 0.3 |
| 2016-03 | -0.1 | 0.7 |
| 2016-04 | -0.2 | 0.1 |
| 2016-05 | 0.0 | 0.4 |
| 2016-06 | 0.2 | 0.1 |
| 2016-07 | 0.2 | -0.4 |
| 2016-08 | 0.2 | 0.3 |
| 2016-09 | 0.4 | -0.2 |
| 2016-10 | 0.4 | 0.0 |
| 2016-11 | 0.5 | 0.0 |
| 2016-12 | 0.6 | 0.3 |
| 2017-01 | 1.3 | -0.2 |
| 2017-02 | 1.2 | 0.1 |
| 2017-03 | 1.1 | 0.6 |
| 2017-04 | 1.2 | 0.1 |
| 2017-05 | 0.8 | 0.0 |
| 2017-06 | 0.7 | 0.0 |
| 2017-07 | 0.7 | -0.3 |
| 2017-08 | 0.9 | 0.5 |
| 2017-09 | 1.0 | -0.2 |
| 2017-10 | 1.1 | 0.1 |
| 2017-11 | 1.2 | 0.1 |
| 2017-12 | 1.2 | 0.3 |
| 2018-01 | 1.3 | -0.1 |
| 2018-02 | 1.2 | 0.0 |
| 2018-03 | 1.6 | 1.0 |
| 2018-04 | 1.6 | 0.2 |
| 2018-05 | 2.0 | 0.4 |
| 2018-06 | 2.0 | 0.0 |
| 2018-07 | 2.3 | -0.1 |
| 2018-08 | 2.3 | 0.5 |
| 2018-09 | 2.2 | -0.2 |
| 2018-10 | 2.2 | 0.1 |
| 2018-11 | 1.9 | -0.2 |
| 2018-12 | 1.6 | 0.0 |
graphiqueVariations in the consumer price index
- Geographical coverage: France excluding Mayotte.
- Source: INSEE - Consumer Price Indices.
For more information
Definition-The Harmonised Index of Consumer Prices (HICP) is designed for comparison of consumer price inflation between Members States of the European Union. It is computed for all households in France except Mayotte.
Complements - Historical data are available on the BDM database:
CPI: https://www.insee.fr/en/statistiques/series/102342213
HICP: https://www.insee.fr/en/statistiques/series/103157760
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- Press contact: bureau‑de‑presse@insee.fr
Publicationof final results: 15 January 2019, 8.45 am
Next issue: 31 January 2019, 8.45 am
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