31 January 2020
N° 2020-26

In January 2020, consumer prices increased by 1.5% year on yearConsumer price index - provisional results - January 2020

Informations rapides
No 26
Paru le : Paru le 31/01/2020
Prochaine parution le : 28/02/2020 at 08:45 - February 2020
Informations rapides  No 26 - January 2020
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 20 February 2020.

From the provisional index of January 2020, published on 31 January 2020, scanner data from supermarkets and hypermarkets replace price collection in outlets made by INSEE collectors in these forms of sales for manufactured food products and cleaning and personal care products. Additional information regarding this change is available in the "For further information" section.

Over a year, the Consumer Price Index (CPI) should rise by 1.5% in January 2020, as in the previous month, according to the provisional estimate made at the end of the month. The inflation should be stable: the acceleration in energy prices should be offset by a lesser dynamism in service, food and tobacco prices and a slightly more marked drop in the prices of manufactured goods.

Over one month, consumer prices should fall by 0.4%, after +0.4% in the previous month. Manufactured product prices should drop sharply due to winter sales and those of energy should edge down in the wake of petroleum product prices. Service prices should fall back in January, due to a seasonal downturn in transport service prices. Moreover, food prices should rise less than in the previous month. Finally, tobacco prices should increase slightly.

Year on year, the Harmonised Index of Consumer Prices should rise by 1.6%, as in December. Over one month, it should fall back by 0.5%, after +0.5% in the previous month.

Consumer Price Indices

Year-on-year change %; 2015: 100
Consumer Price Indices (Year-on-year change %; 2015: 100)
Weight 2020 January 2019 December 2019 January 2020 (p)
CPI - All items* 10000 1.2 1.5 1.5
Food 1604 2.7 2.1 2.0
- Fresh food 230 8.4 2.1 2.4
- Other food products 1374 1.7 2.1 2.0
Tobacco 205 14 15.3 14.4
Energy 806 1.9 2.6 3.7
Manufactured products 2491 -0.4 -0.3 -0.4
Services 4894 1.0 1.4 1.3
HICP** - All items 10000 1.4 1.6 1.6
  • (p) provisional results
  • *: Consumer Price Indices
  • **: Harmonised Index of Consumer Prices

Variations in the consumer price index

Variations in the consumer price index ()
12-month-rate 1-month-rate
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
2019-01 1.2 -0.4
2019-02 1.3 0.0
2019-03 1.1 0.8
2019-04 1.3 0.3
2019-05 0.9 0.1
2019-06 1.2 0.2
2019-07 1.1 -0.2
2019-08 1.0 0.5
2019-09 0.9 -0.3
2019-10 0.8 0.0
2019-11 1.0 0.1
2019-12 1.5 0.4
2020-01 1.5 -0.4

Variations in the consumer price index

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

For further 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.

- Scanner data are the data recorded by retailers during consumer purchases. These data sent daily by large retailers to INSEE include, for each item sold in an outlet on a given day, the quantity of items sold and the sale price.

- For more information on scanner data or their processing for the CPI:

Leclair M. "Using scanner data to calculate the Consumer Price Index", Courrier des statistiques n ° 3, 2019

Leclair M., Léonard I., Rateau G., Sillard P., Varlet G. & Vernédal P. "Scanner Data: Advances in Methodology and New Challenges for Computing Consumer Price Indices". Economics and Statistics n ° 509, 2019

- In addition, a detailed note on the impact of the use of scanner data on the CPI measurement will be released when the final index is published in January, on 20 February 2020.

Publication of final results: 20 February 2020, 8.45 am

Next publication: 28 February 2020, 8.45 am

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.

- Scanner data are the data recorded by retailers during consumer purchases. These data sent daily by large retailers to INSEE include, for each item sold in an outlet on a given day, the quantity of items sold and the sale price.

- For more information on scanner data or their processing for the CPI:

Leclair M. "Using scanner data to calculate the Consumer Price Index", Courrier des statistiques n ° 3, 2019

Leclair M., Léonard I., Rateau G., Sillard P., Varlet G. & Vernédal P. "Scanner Data: Advances in Methodology and New Challenges for Computing Consumer Price Indices". Economics and Statistics n ° 509, 2019

- In addition, a detailed note on the impact of the use of scanner data on the CPI measurement will be released when the final index is published in January, on 20 February 2020.

Publication of final results: 20 February 2020, 8.45 am

Next publication: 28 February 2020, 8.45 am


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