Informations Rapides ·
15 September 2022 · n° 236
In 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
- Monthly change: +0.5% in August; year-on-year change: +5.9%
- Acceleration in core inflation year on year
- Slowdown in energy prices year on year
- Stable inflation in services year on year
- Acceleration in food prices year on year
- Continuing rise in manufactured good prices year on year
- Revisions
- For further information
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.
tableauConsumer 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 |
graphiqueConsumer 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%).
tableauDetailed figures for various groups
| 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%).
tableauDetailed figures for Core inflation and HICP
| 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
Documentation
CPI : methodological changes for 2022 (pdf,101 Ko)
Abbreviated Methodology (pdf,131 Ko)
Pour en savoir plus
Next publication of final results: 14 October 2022 at 8:45