Informations Rapides ·
14 January 2022 · n° 009
In December 2021, consumer prices increased by 0.2% over one month and by 2.8% year
on year Consumer price index - final results - December 2021
- Monthly change: +0.2% in December; year-on-year change: +2.8%
- Increase in core inflation year on year
- Acceleration in the prices of manufactured goods year on year
- Sharp increase in food prices year on year
- Slowdown in energy prices year on year
- Less increase in service prices year on year
- Revisions
- For further information
Monthly change: +0.2% in December; year-on-year change: +2.8%
In December 2021, the Consumer Price Index (CPI) rose by 0.2% over one month, after +0.4% in November. The prices of energy fell back (−0.9% after +1.5%) in particular those of petroleum products (−2.2% after +2.0%). Those of manufactured goods were stable after an increase the previous month. The prices of services (+0.4% after +0.2%) and food (+0.5% after +0.4%) accelerated.
Seasonally adjusted, consumer prices rose by 0.1% in December, after +0.3% in November.
Year on year, consumer prices grew by 2.8%, as in November. The prices of manufactured goods (+1.2% after +0.8%) and food (+1.4% after +0.5%) accelerated sharply. The prices of tobacco were stable as in November. Those of energy (+18.5% after +21.6%) and services (+1.8% after +1.9%) slowed down.
Increase in core inflation year on year
Year on year, core inflation grew in December, up to +2.0%, after +1.7% in November. The Harmonised Index of Consumer Prices (HICP) rose by 0.2% over one month, after +0.4% in the previous month; year-on-year, it increased by 3.4%, as in November.
tableauConsumer Price Index (CPI), core inflation (ISJ) and Harmonised Index of Consumer Prices (HICP) year-on-year changes
| HICP | ISJ | CPI | |
|---|---|---|---|
| 2021-12 | 3.4 | 2.0 | 2.8 |
| 2021-11 | 3.4 | 1.7 | 2.8 |
| 2021-10 | 3.2 | 1.4 | 2.6 |
| 2021-09 | 2.7 | 1.3 | 2.2 |
| 2021-08 | 2.4 | 1.5 | 1.9 |
| 2021-07 | 1.5 | 0.4 | 1.2 |
| 2021-06 | 1.9 | 1.1 | 1.5 |
| 2021-05 | 1.8 | 0.9 | 1.4 |
| 2021-04 | 1.6 | 1.0 | 1.2 |
| 2021-03 | 1.4 | 0.8 | 1.1 |
| 2021-02 | 0.8 | 0.6 | 0.6 |
| 2021-01 | 0.8 | 1.0 | 0.6 |
| 2020-12 | 0.0 | 0.1 | 0.0 |
| 2020-11 | 0.2 | 0.4 | 0.2 |
| 2020-10 | 0.1 | 0.3 | 0.0 |
| 2020-09 | 0.0 | 0.5 | 0.0 |
| 2020-08 | 0.2 | 0.5 | 0.2 |
| 2020-07 | 0.9 | 1.3 | 0.8 |
| 2020-06 | 0.2 | 0.3 | 0.2 |
| 2020-05 | 0.4 | 0.6 | 0.4 |
| 2020-04 | 0.4 | 0.3 | 0.3 |
| 2020-03 | 0.8 | 0.8 | 0.7 |
| 2020-02 | 1.6 | 1.3 | 1.4 |
| 2020-01 | 1.7 | 1.0 | 1.5 |
| 2019-12 | 1.6 | 1.0 | 1.5 |
| 2019-11 | 1.2 | 0.9 | 1.0 |
| 2019-10 | 0.9 | 0.9 | 0.8 |
| 2019-09 | 1.1 | 0.9 | 0.9 |
| 2019-08 | 1.3 | 0.7 | 1.0 |
| 2019-07 | 1.3 | 0.8 | 1.1 |
| 2019-06 | 1.4 | 0.9 | 1.2 |
| 2019-05 | 1.1 | 0.5 | 0.9 |
| 2019-04 | 1.5 | 0.7 | 1.3 |
| 2019-03 | 1.3 | 0.5 | 1.1 |
| 2019-02 | 1.6 | 0.6 | 1.3 |
| 2019-01 | 1.4 | 0.6 | 1.2 |
| 2018-12 | 1.9 | 0.7 | 1.6 |
| 2018-11 | 2.2 | 0.7 | 1.9 |
| 2018-10 | 2.5 | 0.8 | 2.2 |
| 2018-09 | 2.5 | 0.7 | 2.2 |
| 2018-08 | 2.6 | 0.9 | 2.3 |
| 2018-07 | 2.6 | 0.8 | 2.3 |
| 2018-06 | 2.3 | 0.8 | 2.0 |
| 2018-05 | 2.3 | 1.0 | 2.0 |
| 2018-04 | 1.8 | 0.8 | 1.6 |
| 2018-03 | 1.7 | 0.9 | 1.6 |
| 2018-02 | 1.3 | 0.7 | 1.2 |
| 2018-01 | 1.5 | 0.8 | 1.3 |
| 2017-12 | 1.2 | 0.6 | 1.2 |
| 2017-11 | 1.2 | 0.5 | 1.2 |
| 2017-10 | 1.2 | 0.5 | 1.1 |
| 2017-09 | 1.1 | 0.5 | 1.0 |
| 2017-08 | 1.0 | 0.5 | 0.9 |
| 2017-07 | 0.8 | 0.5 | 0.7 |
| 2017-06 | 0.8 | 0.4 | 0.7 |
| 2017-05 | 0.9 | 0.4 | 0.8 |
| 2017-04 | 1.4 | 0.5 | 1.2 |
| 2017-03 | 1.4 | 0.4 | 1.1 |
| 2017-02 | 1.4 | 0.1 | 1.2 |
| 2017-01 | 1.6 | 0.6 | 1.3 |
| 2016-12 | 0.8 | 0.4 | 0.6 |
| 2016-11 | 0.7 | 0.6 | 0.5 |
| 2016-10 | 0.5 | 0.5 | 0.4 |
| 2016-09 | 0.5 | 0.7 | 0.4 |
| 2016-08 | 0.4 | 0.4 | 0.2 |
| 2016-07 | 0.4 | 0.5 | 0.2 |
| 2016-06 | 0.3 | 0.7 | 0.2 |
| 2016-05 | 0.1 | 0.7 | 0.0 |
| 2016-04 | -0.1 | 0.6 | -0.2 |
| 2016-03 | -0.1 | 0.7 | -0.1 |
| 2016-02 | -0.1 | 0.7 | -0.2 |
| 2016-01 | 0.3 | 0.9 | 0.2 |
| 2015-12 | 0.3 | 1.0 | 0.2 |
| 2015-11 | 0.1 | 0.9 | 0.0 |
| 2015-10 | 0.2 | 0.8 | 0.1 |
| 2015-09 | 0.1 | 0.6 | 0.0 |
| 2015-08 | 0.1 | 0.5 | 0.0 |
| 2015-07 | 0.2 | 0.6 | 0.2 |
| 2015-06 | 0.3 | 0.6 | 0.3 |
| 2015-05 | 0.3 | 0.5 | 0.3 |
| 2015-04 | 0.1 | 0.4 | 0.1 |
| 2015-03 | 0.0 | 0.2 | -0.1 |
| 2015-02 | -0.3 | 0.2 | -0.3 |
| 2015-01 | -0.4 | 0.1 | -0.4 |
| 2014-12 | 0.1 | -0.1 | 0.1 |
| 2014-11 | 0.4 | -0.2 | 0.3 |
| 2014-10 | 0.5 | 0.0 | 0.5 |
| 2014-09 | 0.4 | 0.1 | 0.3 |
| 2014-08 | 0.5 | 0.3 | 0.4 |
| 2014-07 | 0.6 | 0.1 | 0.5 |
| 2014-06 | 0.6 | 0.1 | 0.5 |
| 2014-05 | 0.8 | 0.3 | 0.7 |
| 2014-04 | 0.8 | 0.5 | 0.7 |
| 2014-03 | 0.8 | 0.5 | 0.6 |
| 2014-02 | 1.1 | 0.8 | 0.9 |
| 2014-01 | 0.8 | 0.2 | 0.6 |
graphiqueConsumer Price Index (CPI), core inflation (ISJ) and Harmonised Index of Consumer Prices (HICP) year-on-year changes
- Source: INSEE
Acceleration in the prices of manufactured goods year on year
Year on year, manufactured products increased by 1.2% in December, after +0.8% in the previous month. This acceleration is linked with the one in the clothing and footwear prices (+3.2% after +1.6%) and the one in “other manufactured goods” (+1.6% after +1.3%). The prices of glassware, tableware and household utensils (+2.9% after +2.4%), games, toys and hobbies (+4.2% after +2.2%), garden products, plants and flowers (+4.2% after +3.9%) and major household appliances (+1.5% after +0.6%) accelerated. The prices of vehicles advanced, over a year, at the same rate as in the previous month (+1.2%). The prices of furniture and furnishings (+4.1% after +4.4%) and books (+0.5% after +0.7%) slowed down. The prices of mobile telephones fell stronger than in the previous month (−2.5% after −0.6%). Finally, the decrease in health product prices over one year maintained at the same rate as in November (−2.0%).
Sharp increase in food prices year on year
In December, food prices rose by 1.4%, after +0.5% in November. Those of fresh food produces rebounded sharply (+3.3% after −0.7%), due to the prices of fresh vegetables (+3.5% after −9.4 %). The prices of fresh fruits (+2.6% after +4.5%) and fresh fish (+3.4% after +3.9%) slowed down and those of fresh or chilled seafood fell back slightly (−0.1% after +2.2%). Excluding fresh produces, the food prices increased by 1.0% after +0.7% in November. The prices of bread and cereals accelerated (+1.7% after +1.4%) linked to the increase in pasta product and couscous prices (+5.1% after +2.4%). The prices of meat (+1.7% after +1.3%) and non-alcoholic beverages (+0.7% after +0.0%) also increased and those of milk, cheese and eggs (+0.6% after −0.2%). The decrease in sugar, jam, honey, chocolate and confectionery prices softened slightly (−0.2% after −0.3%).
tableauDetailed figures for various groups
| Items | Weight | Index | Percentage change | |
|---|---|---|---|---|
| 2021 | December 2021 | m-on-m change (2) | y-on-y change (3) | |
| a) All households | ||||
| Overall | 10000 | 107.85 | 0.2 | 2.8 |
| Overall SA(1) | 10000 | 107.76 | 0.1 | 2.8 |
| Food | 1785 | 109.46 | 0.5 | 1.4 |
| Fresh food | 261 | 129.75 | 1.9 | 3.3 |
| Other food | 1524 | 106.30 | 0.3 | 1.0 |
| Tobacco | 243 | 155.33 | 0.0 | 0.0 |
| Manufactured products | 2501 | 99.20 | 0.0 | 1.2 |
| Clothing and footwear | 354 | 104.31 | 0.5 | 3.2 |
| Medical products | 438 | 86.63 | 0.0 | -2.0 |
| Other manufactured products | 1709 | 101.31 | -0.1 | 1.6 |
| Energy | 746 | 128.74 | -0.9 | 18.5 |
| Petroleum products | 343 | 129.08 | -2.2 | 22.6 |
| Services | 4725 | 107.26 | 0.4 | 1.8 |
| Actual rentals and services for dwellings | 853 | 103.99 | 0.4 | 1.9 |
| Health services | 647 | 102.44 | 0.1 | -0.6 |
| Transport | 172 | 110.04 | 2.9 | 6.3 |
| Communication | 243 | 100.63 | 0.0 | 3.1 |
| Other services | 2810 | 109.61 | 0.3 | 1.9 |
| Total except rents and tobacco | 9062 | 107.40 | 0.2 | 3.0 |
| Total except tobacco | 9757 | 107.03 | 0.2 | 2.8 |
| b) Urban working-class households or households of employees | ||||
| All products excluding tobacco | 9632 | 106.63 | 0.2 | 2.8 |
| c) Households that belong to the lowest equivalized disposable income quintile - France | ||||
| All products excluding tobacco | 9624 | 106.84 | 0.3 | 3.1 |
- (1) seasonally adjusted
- (2) : [m/(m-1)]
- (3) : [m/(m-12)]
- Geographical coverage: France (Mayotte excluded)
- Source : INSEE – Consumer Price Indices
Slowdown in energy prices year on year
Year on year, the energy prices slowed down in December (+18.5% after +21.6%). The increase in petroleum product prices was less marked (+22.6% after +29.2%) in link with the prices of diesel (+21.1% after +27.9%), petrol (+19.6% after +24.4%) and liquid fuels (+37.3% after +50.5%). Gas prices accelerate very slightly, the year-on-year change remaining very high (+ 50.9% after + 50.8%) and those of electricity slowing down slightly (+ 3.1% after + 3.3%)
tableauDetailed figures for Core inflation and HICP
| Items | Weight | Index | Percentage change | |
|---|---|---|---|---|
| 2021 | December 2021 | m-on-m change (1) | y-on-y change (2) | |
| Core inflation - All items | 6008 | 105.32 | 0.2 | 2.0 |
| Food excluding fresh products. meat. milk and exotic products | 841 | 104.50 | 0.2 | 0.9 |
| Manufactured products | 2011 | 100.71 | 0.0 | 1.8 |
| Services including actual rentals and services for dwellings | 3156 | 108.66 | 0.3 | 2.3 |
| HICP - All items | 10000 | 109.34 | 0.2 | 3.4 |
- (1) : [m/(m-1)]
- (2) : [m/(m-12)]
- Source: INSEE - Consumer Price Indices
Less increase in service prices year on year
Year on year, service prices slowedslightly in December: +1.8% after +1.9% in November. The increase in transport service prices softened sharply (+6.3% after +11.8%) in the wake of transport by road prices (+3.4% after +7.4%) and airfares (+10.8% after +15.4%). The prices of transport by railway (+11.2% after +10.1%), housing-related services (+1.9% after +1.5%) and communication services (+3.1% after +2.6%) accelerated. Those of “other services” also accelerated (+1.9% after +1.7%) linked with the restaurant and accommodation service prices (+2.4% after +2.1%) and in insurance prices (+2.9% after +1.6%). Finally, the decrease in health service prices accentuated slightly (−0.6% after −0.5%).
Revisions
Compared to the provisional estimates published on January 4, 2022, the year-on-year and month-on-month changes in CPI and in HICP have been confirmed.
For further information
The price collection carried out by collectors on the field was adjourned with the beginning of lockdown, from the 16th March to the 15th June 2020, in November and December 2020 and progressively since the end of March 2021 until the end of May 2021 in metropolitan France. Despite the introduction of alternative collection methods (price collection online, telephone collection, scanner data), the quality of the indices was affected. Therefore, the level of the indices, the month-on-month rate and particularly the year-on-year rate should be considered cautiously. The missing prices due to a lack of collection or an impossibility to purchase the products were imputed in compliance with Eurostat guidelines. In December 2021, this imputation rate due to Covid-19 is about 1%, as in November.
Next publication of final results: 18 February 2022 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 was adjourned with the beginning of lockdown, from the 16th March to the 15th June 2020, in November and December 2020 and progressively since the end of March 2021 until the end of May 2021 in metropolitan France. Despite the introduction of alternative collection methods (price collection online, telephone collection, scanner data), the quality of the indices was affected. Therefore, the level of the indices, the month-on-month rate and particularly the year-on-year rate should be considered cautiously. The missing prices due to a lack of collection or an impossibility to purchase the products were imputed in compliance with Eurostat guidelines. In December 2021, this imputation rate due to Covid-19 is about 1%, as in November.
Next publication of final results: 18 February 2022 at 8:45