Insee
Informations Rapides · 15 November 2022 · n° 296
Informations rapidesIn October 2022, consumer prices increased by 1.0% over one month and by 6.2% year on year Consumer price index - final results - October 2022

Informations rapides
No 296
Paru le :Paru le15/11/2022
Prochaine parution le : 15/05/2024 at 08:45 - April 2024

Monthly change: +1.0% in October; year-on-year change: +6.2%

In October 2022, the Consumer Price Index (CPI) increased by 1.0% over one month, after -0.6% in September. After three consecutive months of decline, the prices of energy rebounded (+5.8% after -2.6%), driven by petroleum product prices (+6.9% after -7.0%), and those of food accelerated (+1.7% after +1.1%). The prices of manufactured goods slowed down slightly (+0.8% after +0.9%) and those of services were stable (+0.0% after -1.5%).

Seasonally adjusted, consumer prices increased by 1.0% after -0.3% in September.

Year on year, consumer prices grew by 6.2% after +5.6% in September. This increase in inflation resulted from the acceleration in food prices (+12.0% after +9.9%), energy prices (+19.1% after +17.9%) and manufactured good prices (+4.2% after +3.6%). The prices of services slowed down slightly in October (+3.1% after +3.2%).

The Consumer Price Index excluding tobacco for households that belong to the lowest equivalized disposable income quintile increased by 6.6% over one year, after +5.9% in September.

Increase in core inflation year on year

Year on year, core inflation grew by 5.0% in October, after +4.5% in September. The Harmonised Index of Consumer Prices (HICP) increased by 1.2% over one month, after -0.5% in the previous month; year-on-year, it rose by 7.1% after +6.2% in September.

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
2022-10 7.1 5.0 6.2
2022-09 6.2 4.5 5.6
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

Acceleration in food prices year on year

Year on year, food prices increased sharply in October (+12.0% after +9.9%). The increase in fresh products was marked (+17.3% after +11.3%): the prices of fresh vegetables (+33.9% after +17.7%) and fresh fruits (+8.0% after +6.6%) accelerated. Contrariwise, the prices of fresh fish slowed down (+13.6% after +16.5%). Excluding fresh products, the food prices also accelerated (+11.1% after +9.6%), especially those of meat (+12.4% after +11.0%), milk, cheese and eggs (+14.8% after +12.6%), bread and cereals (+11.2% after +9.9%), non-alcoholic (+9.1% after +8.0%) and alcoholic beverages (+5.0% after +4.1%).

Acceleration in energy prices year on year

Year on year, the prices of energy accelerated in October (+19.1% after +17.9%). The prices of petroleum products rose (+19.9% after +18.7%) due to the increase in diesel prices (+20.3% after +19.1%) and the slight rebound in petrol prices (+0.3% after -2.3%). The prices of gas (+34.0% after +30.4%) and solid fuels (+49.1% after +28.4%) also accelerated. Contrariwise, the prices of electricity slowed down in October (+8.8% after +10.7%).

Detailed figures for various groups

2015:100
Detailed figures for various groups (2015:100)
Items Weight Index Percentage change
2022 October 2022 m-on-m change (2) y-on-y change (3)
a) All households
Overall 10000 113.90 1.0 6.2
Overall SA(1) 10000 113.98 1.0 6.2
Food 1649 121.47 1.7 12.0
Fresh food 249 148.29 3.8 17.3
Other food 1400 117.34 1.4 11.1
Tobacco 215 155.80 0.0 0.3
Manufactured products 2444 103.13 0.8 4.2
Clothing and footwear 341 106.15 1.3 2.8
Medical products 395 86.11 0.0 -0.6
Other manufactured products 1708 106.85 0.8 5.6
Energy 886 152.44 5.8 19.1
Petroleum products 434 155.13 6.9 19.9
Services 4806 109.92 0.0 3.1
Actual rentals and services for dwellings 799 105.85 0.6 2.4
Health services 697 102.46 0.7 0.5
Transport 198 116.07 3.6 10.5
Communication 227 99.22 -2.1 -1.3
Other services 2885 113.31 -0.4 3.9
Total except rents and tobacco 9139 113.92 1.1 6.7
Total except tobacco 9785 113.16 1.0 6.3
b) Urban working-class households or households of employees
All products excluding tobacco 9672 112,48 1.0 6.0
c) Households that belong to the lowest equivalized disposable income quintile - France
All products excluding tobacco 9666 113,13 1,2 6,6
  • (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 product prices increased by 4.2% in October (after +3.6% in September), due to the rise in clothing and footwear prices (+2.8% after +2.5%) and “other manufactured good” prices (+5.6% after +4.8%) and the smaller decrease in health product prices (-0.6% after -0.9%). The prices of other appliances, articles and products for personal care (+5.6% after +4.3%), vehicles (+6.5% after +5.8%), non-durable household goods (+12.2% after +9.8%), paper products (+14.5% after +12.4%) and glassware, tableware and household utensils (+6.7% after +5.4%) accelerated in October.

Slight slowdown in service prices year on year

Year on year, service prices rose by 3.1% in October, after +3.2% in September. The prices of communication services fell back (-1.3% after +0.7%) due to a sharper decrease in October in wireless telephone services (-5.4% after -1.0%). The prices of “other services” slowed down also (+3.9% after +4.0%). The decrease in television and radio license fee and subscription prices accentuated (-22.7% over a year after -11.3%) due to the gradual taking into account of the abolition of the public services broadcasting contribution. Contrariwise, the prices of accommodation services (+6.4% after +4.0%), maintenance and repair of the dwelling services (+5.6% after +5.2%) and insurance services (+0.7% after +0.2%) rose. The prices of transport services accelerated (+10.5% after +8.6%), notably airfares and transport by road prices (+27.5% after +23.1%) and transport by road (+6.7% after +5.5%). The prices of housing-related services (+2.4% after +2.0%) and health services (+0.5% after +0.3%) also accelerated in October.

Detailed figures for Core inflation and HICP

2015:100
Detailed figures for Core inflation and HICP (2015:100)
Items Weight Index Percentage change
2022 October 2022 m-on-m change (1) y-on-y change (2)
Core inflation - All items 5917 110.13 0.6 5.0
Food excluding fresh products. meat. milk and exotic products 758 113.46 1.3 9.1
Manufactured products 2006 105.46 0.6 5.2
Services including actual rentals and services for dwellings 3153 112.36 0.4 4.0
HICP - All items 10000 116.32 1.2 7.1
  • (1) : [m/(m-1)]
  • (2) : [m/(m-12)]
  • Source: INSEE - Consumer Price Indices

Revisions

Compared to the provisional estimates published on 28 October 2022, the month-on-month change in CPI and the year-on-year changes in CPI and HICP have been confirmed. The month-on-month change in HICP was down by 0.1 points.

For further information

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

Pour en savoir plus

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

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