31 July 2020

2020- n° 200
In July 2020, consumer prices increased by 0.8% year on year Consumer price index - provisional results - July 2020

Informations rapides

N^o 200

Paru le :Paru le31/07/2020

Prochaine parution le : 27/09/2024 at 08:45 - September 2024

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 August 2020.

Moreover, the health crisis due to the Covid-19 impacts the quality of the data: price collection on the field was adjourned from the 16th of March to the 15th of June; on the other hand, certain products were unavailable for sale. However, in July, only 1% of CPI basket is therefore imputed due to the health crisis, after one quarter in June.

Additional information is available in “For further information”.

Consult
Documentation

Consultation de la publication ou de la documentation qui lui est associée

Over a year, the Consumer Price Index (CPI) should rise by 0.8% in July 2020, after +0.2% in the previous month, according to the provisional estimate made at the end of the month. This rise in inflation should result from a rebound in manufactured products, linked to the postponed summer sales, and a smaller fall in energy prices. Contrariwise, the prices of food, and to a lesser extent services and tobacco, would slow down.

Over one month, consumer prices should rise by 0.4%, after +0.1% in the previous month. Service prices should accelerate seasonally during this summer period, and tobacco prices should rise after being stable last month. Contrariwise, food prices should fall further and energy prices would slow down. Finally, prices of manufactured products should stabilize after falling last month.

Year on year, the Harmonised Index of Consumer Prices should accelerate, to +0.9%, after +0.2% in June. Over one month, it should increase by 0.4%, after +0.1% in the previous month.

tableauConsumer Price Indices

Year-on-year change %; 2015: 100

Consumer Price Indices (Year-on-year change %; 2015: 100)
	Weight 2020	July 2019	June 2020	July 2020 (p)
CPI - All items*	10000	1.1	0.2	0.8
Food	1610	3.0	2.6	1.1
- Fresh food	230	6.8	11.8	2.2
- Other food products	1380	2.3	1.0	0.9
Tobacco	205	8.8	13.9	13.8
Energy	808	0.8	-9.3	-7.4
Manufactured products	2491	-0.6	-1.0	1.8
Services	4886	1.1	1.1	1.0
HICP** - All items	10000	1.3	0.2	0.9

(p) provisional results
*: Consumer Price Indices
**: Harmonised Index of Consumer Prices

Graphique
Tableau

Affichage de l’onglet contenant le tableau ou de l’onglet contenant le graphique

tableauVariations 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
2020-02	1.4	0.0
2020-03	0.7	0.1
2020-04	0.3	0.0
2020-05	0.4	0.1
2020-06	0.2	0.1
2020-07	0.8	0.4

graphiqueVariations in the consumer price index

Chargement en cours — Geographical coverage: France excluding Mayotte.

*Source: INSEE - Consumer Price Indices.*

For further information

The CPI is calculated using scanner data, prices collected by INSEE collectors in physical outlets and a centralized collection (online collect, administrative data).

The price collection carried out by collectors on the field (about 40% in the CPI) was suspended from the 16th of March and the 15th of June. Despite the introduction of new collection methods (price collection on the Internet, telephone collection, increased use of cash register data), the quality of the April, May and June indices (and to a lesser extent March) was affected; as a result, the monthly changes between June and July 2020 should be viewed with more caution. In addition, few products were still unavailable for sale. These missing prices due to a lack of collection or an impossibility to purchase the products were imputed in compliance with Eurostat guidelines.

For further information: https://insee.fr/en/statistiques/4635780#documentation

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.

Publication of final results: 14 August 2020 at 8:45 am

Next publication: 28 august 2020 at 8:45 am

Documentation

Abbreviated Methodology (pdf,131 Ko)

Comment calculer un indice des prix à la consommation dans le contexte de la crise de la Covid-19 ? L’indice provisoire de juillet 2020 (pdf,131 Ko)

Consumer Price Index

Using scanner data from 2020 on : Impact on the CPI (pdf,216 Ko)

CPI : methodological changes for 2020 (pdf,139 Ko)

Impact des données de caisse sur les indices détaillés - 2019 - tableaux (xls,805 Ko)

Impact des données de caisse sur les indices des regroupements conjoncturels -2019-tableaux (xls,98 Ko)

Pour en savoir plus