Informations Rapides ·
19 February 2021 · n° 040
In January 2021, consumer prices rose by 0.2% over one month and 0.6% year on year Consumer price index - final results - January 2021
The health crisis due to the Covid-19 impacted the quality of the data: price collection on the field was adjourned from 30 October 2020 to 4 January 2021; moreover, products were unavailable for sale. In January, 5% of CPI basket is imputed due to the health crisis, after 15% in December.
Additional information is available in “For further information”.
- Monthly change: 0.2% in January; Year-on-year change: 0.6%
- Increase in core inflation year on year
- Rebound in manufactured product prices year on year
- Increase in service prices year on year
- Less decrease in energy prices year on year
- Same growth in food prices year on year as in December
- Revisions
- For further information
Monthly change: 0.2% in January; Year-on-year change: 0.6%
In January 2021, the Consumer Price Index (CPI) rose by 0.2% over one month, as in December 2020. The food prices rebounded (+0.4% after –0.4%) and those of tobacco rose by 0.3% after being stable in the previous month. The service prices slowed down (+0.1% after +0.5%). The prices of energy increased at the same rate as in the last month (+1.7%) and those of manufactured goods decreased as in December (–0.4%).
Seasonally adjusted, consumer prices rose by 0.7%, after being stable in December.
Year on year, consumer prices rose by 0.6% after being stable in December. The service prices (+0.8% after +0.7%) and those of tobacco (+12.7% after +12.5%) accelerated. The prices of manufactured goods rebounded sharply (+0.8% after –0.9%), due to the offset of winter sales. The decrease in the energy prices softened (–5.8% after –7.0%) in the wake of petroleum product prices. The food prices grew, year on year, at the same rate as in the last month (+1.0%).
Increase in core inflation year on year
Year on year, core inflation rose, in January, up to +1.0% after +0.1% in December. The Harmonised Index of Consumer Prices (HICP) rose by 0.3% over one month after +0.2% in the previous month; year on year, it increased by 0.8% after being stable in December.
tableauConsumer Price Index (CPI), core inflation (ISJ) and Harmonised Index of Consumer Prices (HICP) year-on-year changes
| HICP | CPI | ISJ | |
|---|---|---|---|
| 2014-01 | 0.8 | 0.6 | 0.2 |
| 2014-02 | 1.1 | 0.9 | 0.8 |
| 2014-03 | 0.8 | 0.6 | 0.5 |
| 2014-04 | 0.8 | 0.7 | 0.5 |
| 2014-05 | 0.8 | 0.7 | 0.3 |
| 2014-06 | 0.6 | 0.5 | 0.1 |
| 2014-07 | 0.6 | 0.5 | 0.1 |
| 2014-08 | 0.5 | 0.4 | 0.3 |
| 2014-09 | 0.4 | 0.3 | 0.1 |
| 2014-10 | 0.5 | 0.5 | 0.0 |
| 2014-11 | 0.4 | 0.3 | -0.2 |
| 2014-12 | 0.1 | 0.1 | -0.1 |
| 2015-01 | -0.4 | -0.4 | 0.1 |
| 2015-02 | -0.3 | -0.3 | 0.2 |
| 2015-03 | 0.0 | -0.1 | 0.2 |
| 2015-04 | 0.1 | 0.1 | 0.4 |
| 2015-05 | 0.3 | 0.3 | 0.5 |
| 2015-06 | 0.3 | 0.3 | 0.6 |
| 2015-07 | 0.2 | 0.2 | 0.6 |
| 2015-08 | 0.1 | 0.0 | 0.5 |
| 2015-09 | 0.1 | 0.0 | 0.6 |
| 2015-10 | 0.2 | 0.1 | 0.8 |
| 2015-11 | 0.1 | 0.0 | 0.9 |
| 2015-12 | 0.3 | 0.2 | 1.0 |
| 2016-01 | 0.3 | 0.2 | 0.9 |
| 2016-02 | -0.1 | -0.2 | 0.7 |
| 2016-03 | -0.1 | -0.1 | 0.7 |
| 2016-04 | -0.1 | -0.2 | 0.6 |
| 2016-05 | 0.1 | 0.0 | 0.7 |
| 2016-06 | 0.3 | 0.2 | 0.7 |
| 2016-07 | 0.4 | 0.2 | 0.5 |
| 2016-08 | 0.4 | 0.2 | 0.4 |
| 2016-09 | 0.5 | 0.4 | 0.7 |
| 2016-10 | 0.5 | 0.4 | 0.5 |
| 2016-11 | 0.7 | 0.5 | 0.6 |
| 2016-12 | 0.8 | 0.6 | 0.4 |
| 2017-01 | 1.6 | 1.3 | 0.6 |
| 2017-02 | 1.4 | 1.2 | 0.1 |
| 2017-03 | 1.4 | 1.1 | 0.4 |
| 2017-04 | 1.4 | 1.2 | 0.5 |
| 2017-05 | 0.9 | 0.8 | 0.4 |
| 2017-06 | 0.8 | 0.7 | 0.4 |
| 2017-07 | 0.8 | 0.7 | 0.5 |
| 2017-08 | 1.0 | 0.9 | 0.5 |
| 2017-09 | 1.1 | 1.0 | 0.5 |
| 2017-10 | 1.2 | 1.1 | 0.5 |
| 2017-11 | 1.2 | 1.2 | 0.5 |
| 2017-12 | 1.2 | 1.2 | 0.6 |
| 2018-01 | 1.5 | 1.3 | 0.8 |
| 2018-02 | 1.3 | 1.2 | 0.7 |
| 2018-03 | 1.7 | 1.6 | 0.9 |
| 2018-04 | 1.8 | 1.6 | 0.8 |
| 2018-05 | 2.3 | 2.0 | 1.0 |
| 2018-06 | 2.3 | 2.0 | 0.8 |
| 2018-07 | 2.6 | 2.3 | 0.8 |
| 2018-08 | 2.6 | 2.3 | 0.9 |
| 2018-09 | 2.5 | 2.2 | 0.7 |
| 2018-10 | 2.5 | 2.2 | 0.8 |
| 2018-11 | 2.2 | 1.9 | 0.7 |
| 2018-12 | 1.9 | 1.6 | 0.7 |
| 2019-01 | 1.4 | 1.2 | 0.6 |
| 2019-02 | 1.6 | 1.3 | 0.6 |
| 2019-03 | 1.3 | 1.1 | 0.5 |
| 2019-04 | 1.5 | 1.3 | 0.7 |
| 2019-05 | 1.1 | 0.9 | 0.5 |
| 2019-06 | 1.4 | 1.2 | 0.9 |
| 2019-07 | 1.3 | 1.1 | 0.8 |
| 2019-08 | 1.3 | 1.0 | 0.7 |
| 2019-09 | 1.1 | 0.9 | 0.9 |
| 2019-10 | 0.9 | 0.8 | 0.9 |
| 2019-11 | 1.2 | 1.0 | 0.9 |
| 2019-12 | 1.6 | 1.5 | 1.0 |
| 2020-01 | 1.7 | 1.5 | 1.0 |
| 2020-02 | 1.6 | 1.4 | 1.3 |
| 2020-03 | 0.8 | 0.7 | 0.8 |
| 2020-04 | 0.4 | 0.3 | 0.3 |
| 2020-05 | 0.4 | 0.4 | 0.6 |
| 2020-06 | 0.2 | 0.2 | 0.3 |
| 2020-07 | 0.9 | 0.8 | 1.3 |
| 2020-08 | 0.2 | 0.2 | 0.5 |
| 2020-09 | 0.0 | 0.0 | 0.5 |
| 2020-10 | 0.1 | 0.0 | 0.3 |
| 2020-11 | 0.2 | 0.2 | 0.4 |
| 2020-12 | 0.0 | 0.0 | 0.1 |
| 2021-01 | 0.8 | 0.6 | 1.0 |
graphiqueConsumer Price Index (CPI), core inflation (ISJ) and Harmonised Index of Consumer Prices (HICP) year-on-year changes
- Source: INSEE.
Rebound in manufactured product prices year on year
Year on year, manufactured product prices rose by 0.8%, after –0.9% in December due to the offset of winter sales. Clothing and footwear prices rebounded (+3.7% after −3.3%). Those of “other manufactured goods” increased by 0.7% after −0.3% the last month. The prices of furniture and furnishings (+3.9% after +2.1%), those of glassware, tableware and household utensils (+2.2% after being stable in December) and those of jewellery, clocks and watches (+5.7% after +3.2%) accelerated. The prices of major household appliances (+0.3% after −1.8%) and those of games, toys and hobbies (+1.5% after −0.2%) rebounded compared with the last month. The decrease in vehicles prices (−0.2% after −0.6%) and in those of health products (−1.4% after −1.5%) slowed down in January.
Increase in service prices year on year
Year on year, service prices increased by 0.8% in January, after +0.7% in December. The prices of communication services accelerated (+2.0% after +0.8%) in the wake of those of internet access provision services (+6.0% after +1.6%) and those of bundled telecommunication services (+4.2% after +1.5%). The transport services prices rebounded (+0.2% after −1.6%) in link with the international airfares prices (+0.5% after −4.9%). The prices of housing-related services advanced (+0.3% after +0.2%). The prices of health services (+0.1% after +0.5%) and those of « other services » (+0.9% after +1.1%) slowed down, year on year, in January.
tableauDetailed figures for various groups
| Items | Weight | Index | Percentage change | |
|---|---|---|---|---|
| 2021 | January 2021 | m-on-m change (2) | y-on-y change (3) | |
| a) All households | ||||
| Overall | 10000 | 105.12 | 0.2 | 0.6 |
| Overall SA(1) | 10000 | 105.59 | 0.7 | 0.6 |
| Food | 1785 | 108.40 | 0.4 | 1.0 |
| Fresh food | 261 | 127.71 | 1.7 | 5.1 |
| Other food | 1524 | 105.39 | 0.2 | 0.3 |
| Tobacco | 243 | 155.83 | 0.3 | 12.7 |
| Manufactured products | 2501 | 97.60 | -0.4 | 0.8 |
| Clothing and footwear | 354 | 96.19 | -4.8 | 3.7 |
| Medical products | 438 | 88.19 | -0.2 | -1.4 |
| Other manufactured products | 1709 | 100.15 | 0.4 | 0.7 |
| Energy | 746 | 110.49 | 1.7 | -5.8 |
| Petroleum products | 343 | 108.89 | 3.4 | -11.7 |
| Services | 4725 | 105.51 | 0.1 | 0.8 |
| Actual rentals and services for dwellings | 853 | 102.15 | 0.1 | 0.3 |
| Health services | 647 | 102.47 | -0.6 | 0.1 |
| Transport | 172 | 97.69 | -5.6 | 0.2 |
| Communication | 243 | 99.29 | 1.7 | 2.0 |
| Other services | 2810 | 108.11 | 0.5 | 0.9 |
| Total except rents and tobacco | 9062 | 104.45 | 0.2 | 0.3 |
| Total except tobacco | 9757 | 104.24 | 0.1 | 0.3 |
| b) Urban working-class households or households of employees | ||||
| All products excluding tobacco | 9632 | 103.92 | 0.1 | 0.3 |
| c) Households that belong to the lowest equivalized disposable income quintile - France | ||||
| All products excluding tobacco | 9624 | 103.71 | 0.1 | 0.3 |
- (1) seasonally adjusted
- (2) : [m/(m-1)]
- (3) : [m/(m-12)]
- Geographical coverage: France (Mayotte excluded)
- Source : INSEE – Consumer Price Indices
Less decrease in energy prices year on year
Year on year, the decline in energy prices softened (−5.8% after −7.0%) in January. The prices of petroleum product decreased less strongly than in December (−11.7% after −13.8%) in the wake of diesel prices (−12.6% after −14.3%) and petrol prices (−8.9% after −11.1%). The natural and town gas prices diminished less strongly than in the previous month (−4.3% after −5.4%) and those of electricity increased at the same rate (+3.8%).
Same growth in food prices year on year as in December
In January 2021, food prices increased at the same as in December (+1.0%). The prices of fresh produces slowed down (+5.1% after +6.2%) in the wake of those of fresh fruits (+7.6% after +10.8%) and those of seafoods (+1.4% after +6.9%). The prices of fresh fishes fell back sharply compared with the last month (−5.7% after +5.4%). Excluding fresh produces, food prices increased (+0.3% after +0.2%). The prices of bread and cereals (+0.3% after +0.2%) and those of alcoholic beverages (+1.0% after +0.6%) advanced. The prices of milk, cheese and eggs were stable after a decrease (−0.2%) in the previous month. Conversely, the prices of meat slowed down in January (+0.6% after +0.9%).
tableauDetailed figures for Core inflation and HICP
| Items | Weight | Index | Percentage change | |
|---|---|---|---|---|
| 2021 | January 2021 | m-on-m change (1) | y-on-y change (2) | |
| Core inflation - All items | 6008 | 104.24 | 0.9 | 1.0 |
| Food excluding fresh products. meat. milk and exotic products | 841 | 103.89 | 0.3 | 0.3 |
| Manufactured products | 2011 | 100.91 | 2.0 | 1.3 |
| Services including actual rentals and services for dwellings | 3156 | 106.52 | 0.3 | 0.9 |
| HICP - All items | 10000 | 106.03 | 0.3 | 0.8 |
- (1) : [m/(m-1)]
- (2) : [m/(m-12)]
- Source: INSEE - Consumer Price Indices
Revisions
Compared with the provisional estimates published on February 2, 2021, the month-on-month and year-on-year changes in the CPI and HICP have been confirmed.
For further information
The price collection carried out by collectors on the field (about 40% in the CPI) has resumed in January after being adjourned from 30 October 2020 to 4 January 2021. During this period, several new collection methods have been used to deal with the lack of information on the field: price collection online, telephone collection, scanner data. Due to the change in the mode of price collection, the measure of price change between December and January might be less precise than usually. In January, the missing prices due to a lack of collection or an impossibility to purchase the products were imputed in compliance with Eurostat guidelines. This imputation rate due to Covid-19 is about 5%.
For further information: https://insee.fr/en/statistiques/5056666#documentation
Next publication of final results: 16 March 2021 at 8:45
Documentation
CPI : methodological changes for 2021 (pdf,279 Ko)
Abbreviated Methodology (pdf,131 Ko)
Pour en savoir plus
The price collection carried out by collectors on the field (about 40% in the CPI) has resumed in January after being adjourned from 30 October 2020 to 4 January 2021. During this period, several new collection methods have been used to deal with the lack of information on the field: price collection online, telephone collection, scanner data. Due to the change in the mode of price collection, the measure of price change between December and January might be less precise than usually. In January, the missing prices due to a lack of collection or an impossibility to purchase the products were imputed in compliance with Eurostat guidelines. This imputation rate due to Covid-19 is about 5%.
For further information: https://insee.fr/en/statistiques/5056666#documentation
Next publication of final results: 16 March 2021 at 8:45