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Informations Rapides · 12 August 2022 · n° 211
Informations rapidesIn July 2022, consumer prices increased by 0.3% over one month and by 6.1% year on year Consumer price index - final results - July 2022

Informations rapides
No 211
Paru le :Paru le12/08/2022
Prochaine parution le : 15/10/2024 at 08:45 - September 2024

Monthly change: +0.3% in July; year-on-year change: +6.1%

In July 2022, the Consumer Price Index (CPI) rose by 0.3% over one month, after +0.7% in June. The prices of services accelerated (+1.3% after +0.3%), linked with the prices of “other services” (+1.4% after +0.2%), notably accommodation services (+16.4% after +4.6%), and with those of transport services (+11.7% after +3.4%). The prices of food also accelerated, to a lesser extend (+1.0% after +0.8%). Those of manufactured goods decreased (-1.6% after +0.0%), mostly because of the summer sales, as those of energy (-1.3% after +5.2%).

Seasonally adjusted, consumer prices rose by 0.4% after +0.8% in June.

Year on year, consumer prices grew by 6.1% after +5.8% in June. This increase in inflation resulted from the acceleration of service (+3.9% after +3.3%), food (+6.8% after +5.8%) and, to a lesser extent, manufactured goods prices (+2.7% after +2.5%). The prices of energy slowed down slightly (+28.5% after +33.1%).

Acceleration in core inflation year on year

Year on year, core inflation grew by 4.3% in July, after +3.7% in June, due to a monthly increase of 0.8%. The Harmonised Index of Consumer Prices (HICP) rose by 0.3% over one month, after +0.9% in the previous month; year-on-year, it increased by 6.8% after +6.5% in June.

Consumer Price Index (CPI), core inflation (ISJ) and Harmonised Index of Consumer Prices (HICP) year-on-year changes

Consumer Price Index (CPI), core inflation (ISJ) and Harmonised Index of Consumer Prices (HICP) year-on-year changes
HICP CPI ISJ
2022-07 6.8 6.1 4.3
2022-06 6.5 5.8 3.7
2022-05 5.8 5.2 3.7
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

Consumer 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 3.9% in July, after +3.3% in June. The prices of transport services accelerated (+17.4% after +13.1%): the sharp increase in the airfares prices (+46.5% after +26.5%) has not been balanced by the slowdown of those of the railway (+11.1% after +13.2%) and transport by road (+9.7% after +10.8%). The prices of “other services” also accelerated (+4.7% after +4.0%), notably due to the increase in the prices of accommodation services (+14.7% after +9.5%), catering services (+4.5% after +4.2%) and maintenance and repair of personal transport equipment services (+6.5% after +6.0%). The year-on-year prices of communication services were slightly higher in July than in June (+0.7% after +0.3%), and the year-on-year inflation in health services was stable (+0.1%). Finally, the prices of housing-related services slowed down (+1.8% after +2.2%).

Acceleration in food prices year on year

Year on year, food prices increased by 6.8% in July, after +5.8% in June. The increase in fresh food is a bit less brisk than in the previous month (+5.2% after +6.6%): the prices of fresh vegetable (+4.9% after +7.3%), fresh fish (+17.2% after +18.3%) and fresh fruits (+2.7% after +2.9%) slowed down. Excluding fresh products, the food prices sharply increased (+7.1% after +5.7%), linked with the prices of meat (+8.8% after +7.2%) notably poultry (+14.6% after +12.1%), milk, cheese and eggs (+8.0% after +5.9%), bread and cereals (+7.6% after +6.6%), alcoholic(+3.0% after +2.4%) and non-alcoholic beverages (+6.1% after +4.8%), and oils and fats (+21.2% after +17.7%).

Detailed figures for various groups

2015:100
Detailed figures for various groups (2015:100)
Items Weight Index Percentage change
2022 July 2022 m-on-m change (2) y-on-y change (3)
a) All households
Overall 10000 112.87 0.3 6.1
Overall SA(1) 10000 112.95 0.4 6.0
Food 1649 116.14 1.0 6.8
Fresh food 249 134.75 -1.0 5.2
Other food 1400 113.22 1.4 7.1
Tobacco 215 155.79 0.0 0.1
Manufactured products 2444 99.58 -1.6 2.7
Clothing and footwear 341 93.07 -9.7 0.5
Medical products 395 86.05 -0.1 -1.5
Other manufactured products 1708 104.21 -0.4 4.1
Energy 886 153.90 -1.3 28.5
Petroleum products 434 168.99 -3.6 39.0
Services 4806 111.30 1.3 3.9
Actual rentals and services for dwellings 799 104.73 -0.4 1.8
Health services 697 102.32 0.0 0.1
Transport 198 131.18 11.7 17.4
Communication 227 101.45 0.0 0.7
Other services 2885 114.78 1.4 4.7
Total except rents and tobacco 9139 112.81 0.3 6.6
Total except tobacco 9785 112.11 0.3 6.2
b) Urban working-class households or households of employees
All products excluding tobacco 9672 111.33 0.1 5.9
c) Households that belong to the lowest equivalized disposable income quintile - France
All products excluding tobacco 9666 111.77 0.2 6.4
  • (1) seasonally adjusted
  • (2) : [m/(m-1)]
  • (3) : [m/(m-12)]
  • Geographical coverage: France (Mayotte excluded) 
  • Source : INSEE – Consumer Price Indices

Slight increase in manufactured good prices year on year

Year on year, manufactured product prices increased by 2.7% in July, after +2.5% in June. This slight acceleration is due to the increase in the prices of “other manufactured goods” (+4.1% after +3.8%): those of furniture and furnishings (+7.9% after +7.4%), of non-durable household goods (+6.3% after +4.8%), of glassware, tableware and households utensils (+4.5% after +3.7%) and other appliances, articles and products for personal care (+3.3% after +2.3%) accelerated, while those of equipment for sport (+3.4% after +4.2%) and vehicles (+5.0% after +5.1%) slowed down, and those of mobile telephone equipment decreased faster than in the previous month (-4.1% after -2.3%). The year-on-year prices of clothing and footwear increased at the same rhythm in July than in June (+0.5%), as those of health products (-1.5%).

The year-on-year increase in energy prices is less sharp in July than in June

Year on year, the prices of energy slowed down in July (+28.5% after +33.1%). Due to the decrease in prices in July, the year-on-year increase in petroleum product prices is less sharp than in the previous month (+39.0% after +47.5%) in link with the prices of petrol (+25.5% after +35.9%) and diesel (+37.6% after +45.9%). The prices of gas also slowed down (+42.4% after +49.3%) and those of electricity increased (+8.2% after +7.6%).

Detailed figures for Core inflation and HICP

2015:100
Detailed figures for Core inflation and HICP (2015:100)
Items Weight Index Percentage change
2022 July 2022 m-on-m change (1) y-on-y change (2)
Core inflation - All items 5917 108.95 0.8 4.3
Food excluding fresh products. meat. milk and exotic products 758 109.74 1.0 5.6
Manufactured products 2006 103.70 0.5 3.6
Services including actual rentals and services for dwellings 3153 112.26 0.9 4.5
HICP - All items 10000 114.94 0.3 6.8
  • (1) : [m/(m-1)]
  • (2) : [m/(m-12)]
  • Source: INSEE - Consumer Price Indices

Revisions

Compared to the provisional estimates published on July 29, 2022, the month-on-month and the year-on-year changes in CPI and HICP have been confirmed.

For further information

Next publication of final results: 15 September 2022 at 8:45

Pour en savoir plus

Next publication of final results: 15 September 2022 at 8:45

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