Insee
Informations Rapides · 14 October 2022 · n° 268
Informations rapidesIn September 2022, consumer prices fell back by 0.6% over one month and increased by 5.6% year on year Consumer price index - final results - September 2022

Informations rapides
No 268
Paru le :Paru le14/10/2022
Prochaine parution le : 15/05/2025 at 08:45 - April 2025

Monthly change: -0.6% in September; year-on-year change: +5.6%

In September 2022, the Consumer Price Index (CPI) decreased by 0.6% over one month, after +0.5% in August. The prices of services contracted (-1.5% after +0.3%), due to the more marked seasonal downturn in the prices of certain tourism-related services. For the third consecutive month, the prices of energy decreased (-2.6% after -3.9% in August and -1.3% in July) in the wake of those of petroleum products (-7.0% after -7.6% in August and -3.6% in July). The prices of manufactured goods (+0.9% after +1.8%) and those of food (+1.1% after +1.7%) slowed down.

Seasonally adjusted, consumer prices decreased by 0.3% after +0.2% in August.

Year on year, consumer prices grew by 5.6% after +5.9% in August. This decrease in inflation resulted from the slowdown in service prices (+3.2% after +3.9%) and energy prices (+17.9% after +22.7%). The prices of manufactured goods increased at a rate comparable to that of August (+3.6% after +3.5%), while those of food accelerated again over a year (+9.9% after +7.9%).

Smaller core inflation year on year

Year on year, core inflation decreased slightly, reaching +4.5% in September, after +4.7% in August. The Harmonised Index of Consumer Prices (HICP) decreased by 0.5% over one month, after +0.5% in the previous month; year-on-year, it slowed down slightly: +6.2% after +6.6% in August.

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
2022-09 6.2 5.6 4.5
2022-08 6.6 5.9 4.7
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

Slowdown in service prices year on year

Year on year, service prices rose by 3.2% in September, after +3.9% in August. The prices of transport services slowed down sharply (+8.6% after +15.3%), notably airfares (+23.1% after +39.8%) and those of transport by road (+5.5% after +11.6%). The prices of “other services” were less dynamic (+4.0% after +4.8%) due to the seasonal slowdown of accommodation service prices (+4.0% after +7.1%) and package holidays (+25.3% after +41.4%) and the smaller increase in insurance prices (+0.2% after +1.7%). The prices of television and radio license fee and subscription decreased (-11.3% after +1.4%) due to the first effects of the abolition of the public services broadcasting contribution. The prices of communication services rose at the same rate as the previous month (+0.7%). Those of housing-related services (+2.0% after +1.8%) and health services (+0.3% after +0.0%) increased in September.

Slowdown in energy prices year on year

Year on year, the prices of energy slowed down in September (+17.9% after +22.7%). Those of petroleum products decelerated (+18.7% after +28.7%), particularly in link with the increase in fuel discounts: diesel prices slowed down (+19.1% after +29.4%) and those of petrol turned down (-2.3% after +13.4%). The prices of gas slowed down (+30.4% after +37.9%) due to a more marked increase in September 2021 and those of electricity accelerated (+10.7% after +7.7%).

Detailed figures for various groups

2015:100
Detailed figures for various groups (2015:100)
Items Weight Index Percentage change
2022 September 2022 m-on-m change (2) y-on-y change (3)
a) All households
Overall 10000 112.74 -0.6 5.6
Overall SA(1) 10000 112.81 -0.3 5.6
Food 1649 119.39 1.1 9.9
Fresh food 249 142.81 3.9 11.3
Other food 1400 115.77 0.6 9.6
Tobacco 215 155.80 0.0 0.3
Manufactured products 2444 102.35 0.9 3.6
Clothing and footwear 341 104.82 4.9 2.5
Medical products 395 86.07 0.0 -0.9
Other manufactured products 1708 105.98 0.4 4.8
Energy 886 144.03 -2.6 17.9
Petroleum products 434 145.14 -7.0 18.7
Services 4806 109.94 -1.5 3.2
Actual rentals and services for dwellings 799 105.27 0.3 2.0
Health services 697 101.75 0.0 0.3
Transport 198 112.01 -11.6 8.6
Communication 227 101.40 -0.1 0.7
Other services 2885 113.78 -1.6 4.0
Total except rents and tobacco 9139 112.66 -0.6 6.0
Total except tobacco 9785 111.99 -0.6 5.7
b) Urban working-class households or households of employees
All products excluding tobacco 9672 111.36 -0.4 5.4
c) Households that belong to the lowest equivalized disposable income quintile - France
All products excluding tobacco 9666 111.74 -0.4 5.9
  • (1) seasonally adjusted
  • (2) : [m/(m-1)]
  • (3) : [m/(m-12)]
  • Geographical coverage: France (Mayotte excluded) 
  • Source : INSEE – Consumer Price Indices

Slight acceleration in manufactured good prices year on year

Year on year, manufactured product prices increased by 3.6% in September, after +3.5% in August. This slight acceleration is due to the smaller decrease in health product prices (-0.9% after -1.3%) and the increase in the prices of “other manufactured goods” (+4.8% after +4.7%). The prices of non-durable household goods (+9.8% after +8.5%), gardens, plants and flowers products (+3.0% after +2.8%), newspapers, books and stationery (+4.4% after +3.5%) and major household appliances (+5.8% after +4.7%) accelerated. On the contrary, those of clothing and footwear (+2.5% after +2.7%), furniture and furnishings (+8.4% after +8.9%) and vehicles (+5.8% after +6.3%) slowed down in September.

Continuing acceleration in food prices year on year

Year on year, food prices increased sharply in September (+9.9% after +7.9%), due to a month-on-month increase in September corresponding with a downturn in September 2021. The year-on-year increase in fresh products accentuated (+11.3% after +3.5%): the prices of fresh vegetables (+17.7% after +0.5%), fresh fruits (+6.6% after +3.2%) and fresh fish (+16.5% after +15.7%) accelerated. Excluding fresh products, the food prices also increased (+9.6% after +8.6%) linked with the prices of milk, cheese and eggs (+12.6% after +10.9%), meat (+11.0% after +10.2%), bread and cereals (+9.9% after +9.1%), non-alcoholic (+8.0% after +7.1%) and alcoholic beverages (+4.1% after +3.7%).

Detailed figures for Core inflation and HICP

2015:100
Detailed figures for Core inflation and HICP (2015:100)
Items Weight Index Percentage change
2022 September 2022 m-on-m change (1) y-on-y change (2)
Core inflation - All items 5917 109.46 -0.2 4.5
Food excluding fresh products. meat. milk and exotic products 758 112.01 0.7 7.8
Manufactured products 2006 104.86 -0.2 4.5
Services including actual rentals and services for dwellings 3153 111.90 -0.4 3.7
HICP - All items 10000 114.90 -0.5 6.2
  • (1) : [m/(m-1)]
  • (2) : [m/(m-12)]
  • Source: INSEE - Consumer Price Indices

Revisions

Compared to the provisional estimates published on 30 September 2022, the month-on-month change in HICP and the year-on-year changes in CPI and HICP have been confirmed. The month-on-month change in CPI was down by 0.1 points.

For further information

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

Pour en savoir plus

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

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