Informations Rapides ·
30 August 2024 · n° 215
In August 2024, consumer prices increased by 1.9% year on year Consumer price index - provisional results - August 2024
These provisional results are only preliminary data. Accordingly, they should not be used for contractual revaluations. The indices published here are based on a limited set of price observations and from estimates of some rates of change for fares which are not yet available. The complete results will be published on 13 September 2024.
Over a year, the Consumer Price Index (CPI) should rise by 1.9% in August 2024, after 2.3% in July, according to the provisional estimate made at the end of the month. This decrease in inflation should be explained by the very clear slowdown in energy prices. Over the year as a whole, petroleum product prices should fall and electricity prices should slow (mainly due to a base effect linked to the sharp rise in regulated electricity tariffs applied on 1st August 2023). Contrariwise the prices of services should accelerate over a year, particularly in accommodation and transport services. Those of food, manufactured products and tobacco should rise at or close to the same rate as in the previous month.
Over one month, consumer prices should slightly increase in August 2024 (+0.6% after +0.2% in July). Prices of manufactured products should rise over the month, driven by the rebound in clothing and footwear prices due to the end of the summer sales. The prices of food should also increase, like those of the services, particularly in accommodation and transport services. Contrariwise the prices of energy should fall while those of tobacco should be stables.
Year on year, the Harmonised Index of Consumer Prices should rise by 2.2% in August 2024, after +2.7% in July. Over one month, it should rise by 0.6%, after +0.2% in the previous month.
tableauConsumer Price Indices
| Weight 2024 | August 2023 | July 2024 | August 2024 (p) | |
|---|---|---|---|---|
| CPI - All items* | 10,000 | 4.9 | 2.3 | 1.9 |
| Food | 1,507 | 11.2 | 0.5 | 0.5 |
| - Fresh food | 185 | 9.4 | 2.8 | 2.7 |
| - Other food products | 1,322 | 11.5 | 0.1 | 0.1 |
| Tobacco | 177 | 9.9 | 8.7 | 8.7 |
| Energy | 832 | 6.8 | 8.5 | 0.5 |
| Manufactured products | 2,324 | 3.1 | 0.0 | -0.1 |
| Services | 5,160 | 3.0 | 2.6 | 3.1 |
| HICP** - All items | 10,000 | 5.7 | 2.7 | 2.2 |
- (p) provisional results
- *: Consumer Price Indices **: Harmonised Index of Consumer Prices
- Geographic coverage: France
- Source: INSEE, Consumer Price Indices
tableauVariations in the consumer price index
| 12-month-rate | 1-month-rate | |
|---|---|---|
| 2024-08 | 1.9 | 0.6 |
| 2024-07 | 2.3 | 0.2 |
| 2024-06 | 2.2 | 0.1 |
| 2024-05 | 2.3 | 0.0 |
| 2024-04 | 2.2 | 0.5 |
| 2024-03 | 2.3 | 0.2 |
| 2024-02 | 3.0 | 0.9 |
| 2024-01 | 3.1 | -0.2 |
| 2023-12 | 3.7 | 0.1 |
| 2023-11 | 3.5 | -0.2 |
| 2023-10 | 4.0 | 0.1 |
| 2023-09 | 4.9 | -0.5 |
| 2023-08 | 4.9 | 1.0 |
| 2023-07 | 4.3 | 0.1 |
| 2023-06 | 4.5 | 0.2 |
| 2023-05 | 5.1 | -0.1 |
| 2023-04 | 5.9 | 0.6 |
| 2023-03 | 5.7 | 0.9 |
| 2023-02 | 6.3 | 1.0 |
| 2023-01 | 6.0 | 0.4 |
| 2022-12 | 5.9 | -0.1 |
| 2022-11 | 6.2 | 0.3 |
| 2022-10 | 6.2 | 1.0 |
| 2022-09 | 5.6 | -0.6 |
| 2022-08 | 5.9 | 0.5 |
| 2022-07 | 6.1 | 0.3 |
| 2022-06 | 5.8 | 0.7 |
| 2022-05 | 5.2 | 0.7 |
| 2022-04 | 4.8 | 0.4 |
| 2022-03 | 4.5 | 1.4 |
| 2022-02 | 3.6 | 0.8 |
| 2022-01 | 2.9 | 0.3 |
| 2021-12 | 2.8 | 0.2 |
| 2021-11 | 2.8 | 0.4 |
| 2021-10 | 2.6 | 0.4 |
| 2021-09 | 2.2 | -0.2 |
| 2021-08 | 1.9 | 0.6 |
| 2021-07 | 1.2 | 0.1 |
| 2021-06 | 1.5 | 0.1 |
| 2021-05 | 1.4 | 0.3 |
| 2021-04 | 1.2 | 0.1 |
| 2021-03 | 1.1 | 0.6 |
| 2021-02 | 0.6 | 0.0 |
| 2021-01 | 0.6 | 0.2 |
| 2020-12 | 0.0 | 0.2 |
| 2020-11 | 0.2 | 0.2 |
| 2020-10 | 0.0 | 0.0 |
| 2020-09 | 0.0 | -0.5 |
| 2020-08 | 0.2 | -0.1 |
| 2020-07 | 0.8 | 0.4 |
| 2020-06 | 0.2 | 0.1 |
| 2020-05 | 0.4 | 0.1 |
| 2020-04 | 0.3 | 0.0 |
| 2020-03 | 0.7 | 0.1 |
| 2020-02 | 1.4 | 0.0 |
| 2020-01 | 1.5 | -0.4 |
| 2019-12 | 1.5 | 0.4 |
| 2019-11 | 1.0 | 0.1 |
| 2019-10 | 0.8 | 0.0 |
| 2019-09 | 0.9 | -0.3 |
| 2019-08 | 1.0 | 0.5 |
| 2019-07 | 1.1 | -0.2 |
| 2019-06 | 1.2 | 0.2 |
| 2019-05 | 0.9 | 0.1 |
| 2019-04 | 1.3 | 0.3 |
| 2019-03 | 1.1 | 0.8 |
| 2019-02 | 1.3 | 0.0 |
| 2019-01 | 1.2 | -0.4 |
| 2018-12 | 1.6 | 0.0 |
| 2018-11 | 1.9 | -0.2 |
| 2018-10 | 2.2 | 0.1 |
| 2018-09 | 2.2 | -0.2 |
| 2018-08 | 2.3 | 0.5 |
| 2018-07 | 2.3 | -0.1 |
| 2018-06 | 2.0 | 0.0 |
| 2018-05 | 2.0 | 0.4 |
| 2018-04 | 1.6 | 0.2 |
| 2018-03 | 1.6 | 1.0 |
| 2018-02 | 1.2 | 0.0 |
| 2018-01 | 1.3 | -0.1 |
| 2017-12 | 1.2 | 0.3 |
| 2017-11 | 1.2 | 0.1 |
| 2017-10 | 1.1 | 0.1 |
| 2017-09 | 1.0 | -0.2 |
| 2017-08 | 0.9 | 0.5 |
| 2017-07 | 0.7 | -0.3 |
| 2017-06 | 0.7 | 0.0 |
| 2017-05 | 0.8 | 0.0 |
| 2017-04 | 1.2 | 0.1 |
| 2017-03 | 1.1 | 0.6 |
| 2017-02 | 1.2 | 0.1 |
| 2017-01 | 1.3 | -0.2 |
graphiqueVariations in the consumer price index
- Geographical coverage: entire France
- Source: INSEE - Consumer Price Indices
For further information
Definition: the Harmonised Index of Consumer Prices (HICP) is designed for comparison of consumer price inflation between Members States of the European Union. It is computed for all households in France. The main difference between HICP and CPI is about the health costs: HICP is based on net prices of social security reimbursements and CPI is based on gross prices.
Publication of final results (on August 2024): 13 September 2024 at 8:45 am.
Next publication (provisional results on September 2024): 27 September 2024 at 8:45 am.
Documentation
Abbreviated Methodology (pdf,131 Ko)
CPI: methodological changes for 2024 (pdf,111 Ko)
Pour en savoir plus
Definition: the Harmonised Index of Consumer Prices (HICP) is designed for comparison of consumer price inflation between Members States of the European Union. It is computed for all households in France. The main difference between HICP and CPI is about the health costs: HICP is based on net prices of social security reimbursements and CPI is based on gross prices.
Publication of final results (on August 2024): 13 September 2024 at 8:45 am.
Next publication (provisional results on September 2024): 27 September 2024 at 8:45 am.
Time series: Consumer price indices
Time series HICP: Harmonised index of consumer prices - Reference year 2015=100