Insee
Informations Rapides · 15 September 2022 · n° 236
Informations rapidesIn August 2022, consumer prices increased by 0.5% over one month and by 5.9% year on year Consumer price index - final results - August 2022

Informations rapides
No 236
Paru le :Paru le15/09/2022
Prochaine parution le : 15/10/2024 at 08:45 - September 2024

Monthly change: +0.5% in August; year-on-year change: +5.9%

In August 2022, the Consumer Price Index (CPI) rose by 0.5% over one month, after +0.3% in July. The prices of manufactured goods rebounded (+1.8% after -1.6%) in particular linked with the end of the summer sales. The prices of food accelerated (+1.7% after +1.0%) due to the rebound of fresh product prices (+2.0% after -1.0%) and the increase in food excluding fresh product prices (+1.6% after +1.4%). The prices of services slowed down (+0.3% after +1.3%) and the decrease in energy prices was more marked than in July (-3.9% after -1.3%).

Seasonally adjusted, consumer prices rose by 0.2% after +0.4% in July.

Year on year, consumer prices grew by 5.9% after +6.1% in July. This slight decrease in inflation resulted from the slowdown in energy prices (+22.7% after +28.5%) in particular petroleum product prices (+28.7% after +39.0%). The prices of services increased year on year at the same rate as the previous month (+3.9%). Those of food accelerated (+7.9% after +6.8%), as did those of manufactured products (+3.5% after +2.7%).

Acceleration in core inflation year on year

Year on year, core inflation grew by 4.7% in August, after +4.3% in July. The Harmonised Index of Consumer Prices (HICP) rose by 0.5% over one month, after +0.3% in the previous month; year-on-year, it increased by 6.6% after +6.8% in July.

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 ISJ CPI
2022-08 6.6 4.7 5.9
2022-07 6.8 4.3 6.1
2022-06 6.5 3.7 5.8
2022-05 5.8 3.7 5.2
2022-04 5.4 3.2 4.8
2022-03 5.1 2.5 4.5
2022-02 4.2 2.5 3.6
2022-01 3.3 1.6 2.9
2021-12 3.4 1.9 2.8
2021-11 3.4 1.7 2.8
2021-10 3.2 1.5 2.6
2021-09 2.7 1.3 2.2
2021-08 2.4 1.3 1.9
2021-07 1.5 0.2 1.2
2021-06 1.9 1.1 1.5
2021-05 1.8 1.0 1.4
2021-04 1.6 1.0 1.2
2021-03 1.4 0.9 1.1
2021-02 0.8 0.6 0.6
2021-01 0.8 1.0 0.6
2020-12 0.0 0.0 0.0
2020-11 0.2 0.3 0.2
2020-10 0.1 0.2 0.0
2020-09 0.0 0.4 0.0
2020-08 0.2 0.5 0.2
2020-07 0.9 1.4 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 0.7 0.7
2020-02 1.6 1.2 1.4
2020-01 1.7 0.9 1.5
2019-12 1.6 1.1 1.5
2019-11 1.2 1.0 1.0
2019-10 0.9 1.0 0.8
2019-09 1.1 0.9 0.9
2019-08 1.3 0.8 1.0
2019-07 1.3 0.9 1.1
2019-06 1.4 0.9 1.2
2019-05 1.1 0.5 0.9
2019-04 1.5 0.8 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 0.3 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

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

  • Source: INSEE

Slowdown in energy prices year on year

Year on year, the prices of energy slowed down in August (+22.7% after +28.5%). The year-on-year increase in petroleum product prices was less sharp than in the previous month (+28.7% after +39.0%) notably those of petrol (+13.4% after +25.5%), diesel (+29.4% after +37.6%) and liquid fuels (+69.0% after +83.5%). The prices of electricity (+7.7% after +8.2%) and gas (+37.9% after +42.4%) also slowed down.

Stable inflation in services year on year

Year on year, service prices rose by 3.9% in August, as in July. The prices of “other services” accelerated slightly (+4.8% after +4.7%) notably due to the rebound in recreational and cultural service prices (+0.7% after -0.5%) and the increase in the prices of catering services (+4.9% after +4.5%), maintenance and repair of personal transport equipment services (+7.1% after +6.5%) and social protection services (+6.1% after +5.7%). The prices of housing-related services (+1.8%) and communication services (+0.7%) increased over a year at the same rate as the previous month. The prices of transport services slowed down (+15.3% after +17.4%) in particular those of the railway (+6.3% after +11.1%) and airfares (+39.8% after +46.5%). Finally, the prices of health services were stable (+0.0% after +0.1%).

Detailed figures for various groups

2015:100
Detailed figures for various groups (2015:100)
Items Weight Index Percentage change
2022 August 2022 m-on-m change (2) y-on-y change (3)
a) All households
Overall 10000 113.38 0.5 5.9
Overall SA(1) 10000 113.12 0.2 5.9
Food 1649 118.09 1.7 7.9
Fresh food 249 137.42 2.0 3.5
Other food 1400 115.06 1.6 8.6
Tobacco 215 155.78 0.0 0.0
Manufactured products 2444 101.41 1.8 3.5
Clothing and footwear 341 99.93 7.4 2.7
Medical products 395 86.08 0.0 -1.3
Other manufactured products 1708 105.54 1.3 4.7
Energy 886 147.93 -3.9 22.7
Petroleum products 434 156.13 -7.6 28.7
Services 4806 111.61 0.3 3.9
Actual rentals and services for dwellings 799 104.97 0.2 1.8
Health services 697 101.80 -0.5 0.0
Transport 198 126.72 -3.4 15.3
Communication 227 101.46 0.0 0.7
Other services 2885 115.68 0.8 4.8
Total except rents and tobacco 9139 113.36 0.5 6.4
Total except tobacco 9785 112.63 0.5 6.0
b) Urban working-class households or households of employees
All products excluding tobacco 9672 111.83 0.4 5.8
c) Households that belong to the lowest equivalized disposable income quintile - France
All products excluding tobacco 9666 112.20 0.4 6.3
  • (1) seasonally adjusted
  • (2) : [m/(m-1)]
  • (3) : [m/(m-12)]
  • Geographical coverage: France (Mayotte excluded) 
  • Source : INSEE – Consumer Price Indices

Acceleration in food prices year on year

Year on year, food prices increased by 7.9% in August, after +6.8% in July. The increase in fresh products is less brisk than in the previous month (+3.5% after +5.2%): the prices of fresh vegetables (+0.5% after +4.9%) and fresh fish (+15.7% after +17.2%) slowed down. Contrariwise, those of fresh fruits accelerated (+3.2% after +2.7%). Excluding fresh products, the food prices sped up sharply (+8.6% after +7.1%) notably those of meat (+10.2% after +8.8%), milk, cheese and eggs (+10.9% after +8.0%), bread and cereals (+9.1% after +7.6%), alcoholic (+3.7% after +3.0%) and non-alcoholic beverages (+7.1% after +6.1%).

Continuing rise in manufactured good prices year on year

Year on year, manufactured product prices increased by 3.5% in August, after +2.7% in July. This acceleration was due to the increase in the prices of clothing and footwear (+2.7% after +0.5%) and “other manufactured goods” (+4.7% after +4.1%) in link with the end of the summer sales and a larger than expected monthly increase in August 2022 than in August 2021. The prices of furniture and furnishings (+8.9% after +7.9%), non-durable household goods (+8.5% after +6.3%), glassware, tableware and households utensils (+5.6% after +4.5%), other appliances, articles and products for personal care (+4.2% after +3.3%) and vehicles (+6.3% after +5.0%) accelerated. The year-on-year decrease in health product prices softened slightly in August (-1.3% after -1.5%).

Detailed figures for Core inflation and HICP

2015:100
Detailed figures for Core inflation and HICP (2015:100)
Items Weight Index Percentage change
2022 August 2022 m-on-m change (1) y-on-y change (2)
Core inflation - All items 5917 109.69 0.7 4.7
Food excluding fresh products. meat. milk and exotic products 758 111.18 1.3 6.9
Manufactured products 2006 105.03 1.3 4.5
Services including actual rentals and services for dwellings 3153 112.37 0.1 4.4
HICP - All items 10000 115.49 0.5 6.6
  • (1) : [m/(m-1)]
  • (2) : [m/(m-12)]
  • Source: INSEE - Consumer Price Indices

Revisions

Taking into account the latest price reporting at the end of the month has resulted in a less marked slowdown in energy prices and a more sustained acceleration in food prices.

Compared to the provisional estimates published on August 31, 2022, the month-on-month and the year-on-year changes in CPI and HICP were up by 0.1%.

For further information

Next publication of final results: 14 October 2022 at 8:45

Pour en savoir plus

Next publication of final results: 14 October 2022 at 8:45

: bureau-de-presse@insee.fr
: