Insee
Informations Rapides · 17 February 2023 · n° 40
Informations rapidesIn January 2023, consumer prices increased by 0.4% over one month and by 6.0% year on year Consumer price index - final results - January 2023

Informations rapides
No 40
Paru le :Paru le17/02/2023
Prochaine parution le : 14/08/2024 at 08:45 - July 2024
Warning

The geographic scope of CPI and HICP expands from January 2023. The indices about “France” now cover the department of Mayotte.

Additional information is available in the note about methodological changes for 2023.

Monthly change: +0.4% in January; year-on-year change: +6.0%

In January 2023, the Consumer Price Index (CPI) increased by 0.4% over one month, after ‑0.1% in December. The prices of energy rebounded (+3.9% after ‑3,6%) due to the increase in petroleum product prices (+6.7% after ‑5.2%), partly due to the end of fuel rebates, and the rise, in part supervised, in gas prices (+7.9% after ‑1.4%). The prices of food accelerated (+1.7% after +0.5%) and those of services slowed down (+0.1% after +0.3%). The prices of manufactured goods fell back (‑1.1% after +0.2%) due to the winter sales.

Seasonally adjusted, consumer prices increased by 0.8% over a month, after +0.1% in December.

Year on year, consumer prices grew by 6.0% in January 2023, after +5.9% in December. This slight increase in inflation resulted from an acceleration in food prices (+13.3% after +12.1%) and energy prices (+16.3% after +15.1%). The prices of manufactured goods (+4.5% after +4.6%) and those of services (+2.6% after +2.9%) slowed down.

Increase in core inflation year on year

Year on year, core inflation grew by 5.6% in January 2023, after +5.3% in December.

The Harmonised Index of Consumer Prices (HICP) rose by 0.4% over one month, after ‑0.1% in the previous month; year on year, it increased by 7.0%, after +6.7% in December.

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
2023-01 7.0 6.0 5.6
2022-12 6.7 5.9 5.3
2022-11 7.1 6.2 5.3
2022-10 7.1 6.2 5.0
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 3.3
2022-03 5.1 4.5 2.6
2022-02 4.2 3.6 2.5
2022-01 3.3 2.9 1.7
2021-12 3.4 2.8 1.9
2021-11 3.4 2.8 1.6
2021-10 3.2 2.6 1.4
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 0.4
2021-01 0.8 0.6 0.9
2020-12 0.0 0.0 0.2
2020-11 0.2 0.2 0.4
2020-10 0.1 0.0 0.3
2020-09 0.0 0.0 0.5
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 1.3
2020-01 1.7 1.5 0.9
2019-12 1.6 1.5 1.1
2019-11 1.2 1.0 0.9
2019-10 0.9 0.8 1.0
2019-09 1.1 0.9 0.9
2019-08 1.3 1.0 0.7
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 0.7
2019-03 1.3 1.1 0.5
2019-02 1.6 1.3 0.7
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 0.9
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 0.2
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 energy prices year on year

Year on year, the prices of energy accelerated in January (+16.3% after +15.1%). The increase in petroleum product prices accentuated (+16.3% after +14.3%) due to the acceleration in diesel prices (+17.5% after +15.6%) and petrol prices (+9.3% after +3.0%). The prices of gas also rose (+38.2% after +29.3%) with a simultaneous increase in regulated tariffs and market offers. Contrariwise, the prices of electricity (+3.1% after +7.3%), liquid fuels (+28.7% after +37.8%) and solid fuels (+45.5% after +52.1%) slowed down.

Acceleration in food prices year on year

Year on year, food prices rose by 13.3% in January, after +12.1% in December. The increase in fresh product prices was more marked than in the previous month (+10.2% after +9.3%): the prices of fresh fruits (+7.4% after +6.1%) and fresh fish (+14.7% after +12.6%) accelerated. Contrariwise, those of fresh vegetables slowed down slightly (+12.0% after +12.4%). Excluding fresh products, the food prices accelerated (+13.9% after +12.6%), notably those of bread and cereals (+13.4% after +12.1%), milk, cheese and eggs (+19.1% after +16.9%), meat (+15.0% after +14.0%), sugar, jam, honey, chocolate and confectionery (+11.5% after +9.5%), non-alcoholic (+11.6% after +10.6%) and alcoholic beverages (+6.9% after +5.8%).

Detailed figures for various groups

2015:100
Detailed figures for various groups (2015:100)
Items Weight Index Percentage change
2023 January 2023 m-on-m change (2) y-on-y change (3)
a) All households
Overall 10000 114.60 0.4 6.0
Overall SA(1) 10000 115.26 0.8 6.1
Food 1624 124.75 1.7 13.3
Fresh food 238 146.29 3.1 10.2
Other food 1386 121.39 1.4 13.9
Tobacco 185 156.05 0.1 0.2
Manufactured products 2322 102.66 -1.1 4.5
Clothing and footwear 341 97.87 -8.5 2.4
Medical products 384 85.97 -0.2 -0.6
Other manufactured products 1597 107.96 0.3 6.2
Energy 857 153.95 3.9 16.3
of which petroleum products 432 157.42 6.7 16.3
Services 5012 110.40 0.1 2.6
Actual rentals and services for dwellings 744 106.08 0.0 2.0
Health services 639 101.45 -1.1 -0.4
Transport 301 111.86 -6.4 10.2
Communication 208 99.29 0.1 -1.4
Other services 3120 114.73 0.9 3.5
Total except rents and tobacco 9219 114.65 0.4 6.5
Total except tobacco 9815 113.86 0.4 6.1
b) Urban working-class households or households of employees
All products excluding tobacco 9718 113.23 0.4 6.0
c) Households in the first quintile of the living standards distribution
All products excluding tobacco 9700 113.75 0.3 6.5
  • (1) seasonally adjusted
  • (2) : [m/(m-1)]
  • (3) : [m/(m-12)]
  • Geographical coverage: France
  • Source : INSEE – Consumer Price Indices

Slight slowdown in manufactured good prices year on year

Year on year, manufactured good prices increased by 4.5% in January, after +4.6% in December. The prices of clothing and footwear slowed down (+2.4% after +2.6%) due to a monthly decrease in prices, linked to the winter sales, slightly more marked than in January 2022. Those of “other manufactured goods” increased at the same rate than in the previous month (+6.2%). The prices accelerated for glassware, tableware and household utensils (+8.5% after +7.3%), non-durable household goods (+17.6% after +15.5%), equipment for sport (+3.8% after +3.1%), other appliances, articles and products for personal care (+8.2% after +7.1%) and books (+2.9% after +2.4%). Contrariwise, the prices slowed down for furniture and furnishings (+9.2% after +9.5%), small electric household appliances (+11.3% after +12.4%), games, toys and hobbies (+0.2% after +1.0%) and vehicles (+7.0% after +7.4%). Finally, health product prices kept decreasing over a year (‑0.6% in January, as in December).

Slowdown in service prices year on year

Year on year, service prices rose by 2.6% in January, after +2.9% in December. The increase in “other service” prices softened (+3.5% after +3.7%), notably those of accommodation services (+2.4% after +5.6%), package holidays (+19.3% after +30.7%) and social protection services (+3.7% after +6.3%). Contrariwise, the prices of maintenance and repair of the dwelling (+6.3% after +5.8%) and of personal transport equipment (+8.7% after +7.7%) accelerated, as did those of catering services (+5.3% after +4.9%) and transport services (+10.2% after +8.6%), notably airfares (+25.7% after +21.9%) and the transport by road (+10.1% after +4.7%). The prices of communication services kept decreasing over a year (‑1.4%). The prices of housing-related services rose at the same rate than in the previous month (+2.0%) and those of health services fell back (‑0.4% after +0.1%).

Detailed figures for Core inflation and HICP

2015:100
Detailed figures for Core inflation and HICP (2015:100)
Items Weight Index Percentage change
2023 January 2023 m-on-m change (1) y-on-y change (2)
Core inflation - All items 6057 111.74 0.7 5.6
Food excluding fresh products. meat. milk and exotic products 766 117.13 1.6 11.8
Manufactured products 1899 107.26 0.8 5.6
Services including actual rentals and services for dwellings 3392 113.41 0.5 4.2
HICP - All items 10000 117.22 0.4 7.0
  • (1) : [m/(m-1)]
  • (2) : [m/(m-12)]
  • Source: INSEE - Consumer Price Indices

Revisions

Compared to the provisional estimates published on 31 January 2023, the month-on-month and year-on-year changes in CPI and HICP have been confirmed.

For further information

Next publication of final results: 15 March 2023 at 8:45

Pour en savoir plus

Next publication of final results: 15 March 2023 at 8:45

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