Informations Rapides ·
13 May 2022 · n° 124
In April 2022, consumer prices increased by 0.4% over one month and by 4.8% year on
year Consumer price index - final results - April 2022
- Monthly change: +0.4% in April; year-on-year change: +4.8%
- Increase in core inflation year on year
- Acceleration in service prices year on year
- Acceleration in food prices year on year
- Increase in manufactured good prices year on year
- Slowdown in energy prices year on year
- Revisions
- For further information
Monthly change: +0.4% in April; year-on-year change: +4.8%
In April 2022, the Consumer Price Index (CPI) rose by 0.4% over one month, after +1.4% in March. The prices of energy fell back (−2.5% after +9.0%) linked with the decrease in petroleum product prices (−6.8% after +17.0%). The prices of manufactured goods slowed down (+0.5% after +1.4%). Those of services accelerated (+0.7% after +0.2%) notably due to a seasonal rebound of transport service prices (+9.4% after −0.9%). The increase in food prices was more sustained than in the previous month (+1.4% after +0.9%).
Seasonally adjusted, consumer prices rose by 0.5% after +1.0% in March.
Year on year, consumer prices grew by 4.8% after +4.5% in March. This increase in inflation resulted from the acceleration of service (+3.0% after +2.3%), food (+3.8% after +2.9%) and manufactured good prices (+2.6% after +2.1%). The prices of energy slowed down but continued to rise sharply over one year (+26.5% after +29.2%).
Increase in core inflation year on year
Year on year, core inflation grew in April, up to +3.2%, after +2.5% in March. The Harmonised Index of Consumer Prices (HICP) rose by 0.5% over one month, after +1.6% in March; year-on-year, it increased by 5.4% after +5.1% in the previous month.
tableauConsumer Price Index (CPI), core inflation (ISJ) and Harmonised Index of Consumer Prices (HICP) year-on-year changes
| HICP | CPI | ISJ | |
|---|---|---|---|
| 2022-04 | 5.4 | 4.8 | 3.2 |
| 2022-03 | 5.1 | 4.5 | 2.5 |
| 2022-02 | 4.2 | 3.6 | 2.5 |
| 2022-01 | 3.3 | 2.9 | 1.6 |
| 2021-12 | 3.4 | 2.8 | 1.9 |
| 2021-11 | 3.4 | 2.8 | 1.7 |
| 2021-10 | 3.2 | 2.6 | 1.5 |
| 2021-09 | 2.7 | 2.2 | 1.3 |
| 2021-08 | 2.4 | 1.9 | 1.3 |
| 2021-07 | 1.5 | 1.2 | 0.2 |
| 2021-06 | 1.9 | 1.5 | 1.1 |
| 2021-05 | 1.8 | 1.4 | 1.0 |
| 2021-04 | 1.6 | 1.2 | 1.0 |
| 2021-03 | 1.4 | 1.1 | 0.9 |
| 2021-02 | 0.8 | 0.6 | 0.6 |
| 2021-01 | 0.8 | 0.6 | 1.0 |
| 2020-12 | 0.0 | 0.0 | 0.0 |
| 2020-11 | 0.2 | 0.2 | 0.3 |
| 2020-10 | 0.1 | 0.0 | 0.2 |
| 2020-09 | 0.0 | 0.0 | 0.4 |
| 2020-08 | 0.2 | 0.2 | 0.5 |
| 2020-07 | 0.9 | 0.8 | 1.4 |
| 2020-06 | 0.2 | 0.2 | 0.3 |
| 2020-05 | 0.4 | 0.4 | 0.6 |
| 2020-04 | 0.4 | 0.3 | 0.3 |
| 2020-03 | 0.8 | 0.7 | 0.7 |
| 2020-02 | 1.6 | 1.4 | 1.2 |
| 2020-01 | 1.7 | 1.5 | 0.9 |
| 2019-12 | 1.6 | 1.5 | 1.1 |
| 2019-11 | 1.2 | 1.0 | 1.0 |
| 2019-10 | 0.9 | 0.8 | 1.0 |
| 2019-09 | 1.1 | 0.9 | 0.9 |
| 2019-08 | 1.3 | 1.0 | 0.8 |
| 2019-07 | 1.3 | 1.1 | 0.9 |
| 2019-06 | 1.4 | 1.2 | 0.9 |
| 2019-05 | 1.1 | 0.9 | 0.5 |
| 2019-04 | 1.5 | 1.3 | 0.8 |
| 2019-03 | 1.3 | 1.1 | 0.5 |
| 2019-02 | 1.6 | 1.3 | 0.6 |
| 2019-01 | 1.4 | 1.2 | 0.6 |
| 2018-12 | 1.9 | 1.6 | 0.7 |
| 2018-11 | 2.2 | 1.9 | 0.7 |
| 2018-10 | 2.5 | 2.2 | 0.8 |
| 2018-09 | 2.5 | 2.2 | 0.7 |
| 2018-08 | 2.6 | 2.3 | 0.9 |
| 2018-07 | 2.6 | 2.3 | 0.8 |
| 2018-06 | 2.3 | 2.0 | 0.8 |
| 2018-05 | 2.3 | 2.0 | 1.0 |
| 2018-04 | 1.8 | 1.6 | 0.8 |
| 2018-03 | 1.7 | 1.6 | 0.9 |
| 2018-02 | 1.3 | 1.2 | 0.7 |
| 2018-01 | 1.5 | 1.3 | 0.8 |
| 2017-12 | 1.2 | 1.2 | 0.6 |
| 2017-11 | 1.2 | 1.2 | 0.5 |
| 2017-10 | 1.2 | 1.1 | 0.5 |
| 2017-09 | 1.1 | 1.0 | 0.5 |
| 2017-08 | 1.0 | 0.9 | 0.5 |
| 2017-07 | 0.8 | 0.7 | 0.5 |
| 2017-06 | 0.8 | 0.7 | 0.4 |
| 2017-05 | 0.9 | 0.8 | 0.3 |
| 2017-04 | 1.4 | 1.2 | 0.5 |
| 2017-03 | 1.4 | 1.1 | 0.4 |
| 2017-02 | 1.4 | 1.2 | 0.1 |
| 2017-01 | 1.6 | 1.3 | 0.6 |
| 2016-12 | 0.8 | 0.6 | 0.4 |
| 2016-11 | 0.7 | 0.5 | 0.6 |
| 2016-10 | 0.5 | 0.4 | 0.5 |
| 2016-09 | 0.5 | 0.4 | 0.7 |
| 2016-08 | 0.4 | 0.2 | 0.4 |
| 2016-07 | 0.4 | 0.2 | 0.5 |
| 2016-06 | 0.3 | 0.2 | 0.7 |
| 2016-05 | 0.1 | 0.0 | 0.7 |
| 2016-04 | -0.1 | -0.2 | 0.6 |
| 2016-03 | -0.1 | -0.1 | 0.7 |
| 2016-02 | -0.1 | -0.2 | 0.7 |
| 2016-01 | 0.3 | 0.2 | 0.9 |
| 2015-12 | 0.3 | 0.2 | 1.0 |
| 2015-11 | 0.1 | 0.0 | 0.9 |
| 2015-10 | 0.2 | 0.1 | 0.8 |
| 2015-09 | 0.1 | 0.0 | 0.6 |
| 2015-08 | 0.1 | 0.0 | 0.5 |
| 2015-07 | 0.2 | 0.2 | 0.6 |
| 2015-06 | 0.3 | 0.3 | 0.6 |
| 2015-05 | 0.3 | 0.3 | 0.5 |
| 2015-04 | 0.1 | 0.1 | 0.4 |
| 2015-03 | 0.0 | -0.1 | 0.2 |
| 2015-02 | -0.3 | -0.3 | 0.2 |
| 2015-01 | -0.4 | -0.4 | 0.1 |
| 2014-12 | 0.1 | 0.1 | -0.1 |
| 2014-11 | 0.4 | 0.3 | -0.2 |
| 2014-10 | 0.5 | 0.5 | 0.0 |
| 2014-09 | 0.4 | 0.3 | 0.1 |
| 2014-08 | 0.5 | 0.4 | 0.3 |
| 2014-07 | 0.6 | 0.5 | 0.1 |
| 2014-06 | 0.6 | 0.5 | 0.1 |
| 2014-05 | 0.8 | 0.7 | 0.3 |
| 2014-04 | 0.8 | 0.7 | 0.5 |
| 2014-03 | 0.8 | 0.6 | 0.5 |
| 2014-02 | 1.1 | 0.9 | 0.8 |
| 2014-01 | 0.8 | 0.6 | 0.2 |
graphiqueConsumer Price Index (CPI), core inflation (ISJ) and Harmonised Index of Consumer Prices (HICP) year-on-year changes
- Source: INSEE
Acceleration in service prices year on year
Year on year, service prices rose by 3.0% in April after +2.3% in March. The prices of transport services accelerated sharply (+15.7% after +6.1%) linked with the airfares (+22.4% after +5.7%), transport by road prices (+18.9% after +6.2%) and to a lesser extent transport by railway prices (+12.9% after +12.0%). The prices of “other services” accelerated slightly (+3.3% after +3.1%), notably due to the increase in catering service prices (+2.7% after +2.5%), maintenance and repair of personal transport equipment service prices (+4.8% after +3.8%) and package holiday prices (+19.6% after +5.3%). The prices of health services rebounded (+0.2% after −0.9%) in link with the acceleration of medical service prices (+1.4% after +0.6%). The increases in housing-related service prices (+1.7%) and communication service prices (+2.3%) maintained at the same level as in March.
Acceleration in food prices year on year
Year on year, food prices increased by 3.8% after +2.9% in March. Those of fresh food produces were less sustained than in the previous month (+7.1% after +7.6%): the prices of fresh fruits (+4.0% after +5.8%) and fresh fish (+12.1% after +15.6%) slowed down and those of fresh vegetables rose (+8.9% after +8.0%). Excluding fresh produces, the food prices accelerated sharply (+3.3% after +2.1%) linked with the prices of meat (+4.2% after +3.0%), bread and cereals (+4.0% after +3.3%), milk, cheese and eggs (+3.3% after +1.7%), oils and fats (+7.2% after +4.4%) and coffee (+6.2% after +3.5%).
tableauDetailed figures for various groups
| Items | Weight | Index | Percentage change | |
|---|---|---|---|---|
| 2022 | April 2022 | m-on-m change (2) | y-on-y change (3) | |
| a) All households | ||||
| Overall | 10000 | 110.97 | 0.4 | 4.8 |
| Overall SA(1) | 10000 | 110.93 | 0.5 | 4.9 |
| Food | 1649 | 113.03 | 1.4 | 3.8 |
| Fresh food | 249 | 138.46 | 2.8 | 7.1 |
| Other food | 1400 | 109.12 | 1.2 | 3.3 |
| Tobacco | 215 | 155.80 | 0.0 | -0.1 |
| Manufactured products | 2444 | 100.72 | 0.5 | 2.6 |
| Clothing and footwear | 341 | 104.40 | 1.1 | 4.3 |
| Medical products | 395 | 86.42 | -0.1 | -1.2 |
| Other manufactured products | 1708 | 103.59 | 0.5 | 3.2 |
| Energy | 886 | 145.77 | -2.5 | 26.5 |
| Petroleum products | 434 | 155.87 | -6.8 | 34.0 |
| Services | 4806 | 109.03 | 0.7 | 3.0 |
| Actual rentals and services for dwellings | 799 | 104.56 | 0.0 | 1.7 |
| Health services | 697 | 102.22 | 0.4 | 0.2 |
| Transport | 198 | 114.48 | 9.4 | 15.7 |
| Communication | 227 | 101.45 | 0.1 | 2.3 |
| Other services | 2885 | 112.15 | 0.5 | 3.3 |
| Total except rents and tobacco | 9139 | 110.76 | 0.5 | 5.3 |
| Total except tobacco | 9785 | 110.19 | 0.4 | 4.9 |
| b) Urban working-class households or households of employees | ||||
| All products excluding tobacco | 9672 | 109.67 | 0.3 | 4.7 |
| c) Households that belong to the lowest equivalized disposable income quintile - France | ||||
| All products excluding tobacco | 9666 | 109.97 | 0.5 | 5.3 |
- (1) seasonally adjusted
- (2) : [m/(m-1)]
- (3) : [m/(m-12)]
- Geographical coverage: France (Mayotte excluded)
- Source : INSEE – Consumer Price Indices
Increase in manufactured good prices year on year
Year on year, manufactured products accelerated (+2.6% after +2.1%) due to the increase in clothing and footwear prices (+4.3% after +3.5%) and “other manufactured products” (+3.2% after +2.6%). The prices of non-durable household goods (+2.8% after +1.5%), major household appliances (+2.6% after +1.8%), glassware, tableware and household utensils (+3.4% after +2.5%), other appliances, articles and products for personal care (+3.2% after +1.7%) and vehicles (+4.0% after +3.4%) accelerated. Finally, the decrease in health product prices maintained at the same level as in March (−1.2%).
Slowdown in energy prices year on year
Year on year, the increase in energy prices was less dynamic than in March (+26.5% after +29.2%). The petroleum product prices slowed down (+34.0% after +43.5%) in link with the prices of diesel (+34.3% after +43.6%) and petrol (+17.4% after +30.5%) due to the discount on fuels set up in April by the government for a period of four months. The prices of electricity (+6.9% after +6.0%) and gas (+54.4% after +41.3%) accelerated due to the influence of market prices.
tableauDetailed figures for Core inflation and HICP
| Items | Weight | Index | Percentage change | |
|---|---|---|---|---|
| 2022 | April 2022 | m-on-m change (1) | y-on-y change (2) | |
| Core inflation - All items | 5917 | 107.24 | 0.7 | 3.2 |
| Food excluding fresh products. meat. milk and exotic products | 758 | 106.69 | 0.8 | 2.7 |
| Manufactured products | 2006 | 102.98 | 0.6 | 3.5 |
| Services including actual rentals and services for dwellings | 3153 | 110.37 | 0.8 | 3.2 |
| HICP - All items | 10000 | 112.78 | 0.5 | 5.4 |
- (1) : [m/(m-1)]
- (2) : [m/(m-12)]
- Source: INSEE - Consumer Price Indices
Revisions
Compared to the provisional estimates published on April 29, 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.
Next publication of final results: 15 June 2022 at 8:45
Documentation
CPI : methodological changes for 2022 (pdf,101 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.
Next publication of final results: 15 June 2022 at 8:45