In August 2019, consumer prices increased by 1.1% year on yearConsumer price index - provisional results - August 2019
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 September 2019.
Over a year, the Consumer Price Index (CPI) should increase by 1.1% in August 2019, as in the previous month, according to the provisional estimate made at the end of the month. This stability in inflation should be due to a more marked fall in manufactured good prices and a slight slowdown in those of energy and tobacco, offset by an acceleration in food prices. The services prices should increase at the same rate as in the previous month.
Over one month, consumer prices should recover significantly (+0.5% in August, after –0.2% in July). Prices should be driven mainly by the seasonal rebound in manufactured goods prices after the end of summer sales in metropolitan France and by the equally seasonal rise in the prices of certain tourism-related services. In addition, food prices should continue to rise mainly due to fresh foods. Tobacco and energy prices should be stable this month. The increase in electricity prices should be offset by lower prices for petroleum products and domestic gas.
Year on year, the Harmonised Index of Consumer Prices should slow down (+1.2% after +1.3% in July). Over one month, it should rebound to +0.5%, after –0.2% the previous month.
tableau Consumer Price Indices
|Weight 2019||August 2018||July 2019||August 2019 (p)|
|CPI - All items*||10000||2.3||1.1||1.1|
|- Fresh food||244||6.9||6.8||8.3|
|- Other food products||1375||1.4||2.3||2.2|
|HICP** - All items||10000||2.6||1.3||1.2|
- (p) provisional results
- *: Consumer Price Indices
- **: Harmonised Index of Consumer Prices
tableau Variations in the consumer price index
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.
Publication of final results: 12 September 2019, 8.45 am
Next publication: 27 September 2019, 8.45 am