• French CPI flat in December

Market news

4 January 2019

French CPI flat in December

Over a year, the Consumer Price Index (CPI) should slow down for the second consecutive month: +1.6% in December 2018 after +1.9% in November and +2.2% in October, according to the provisional estimate made at the beginning of January 2019. The fall in inflation should result from a deceleration in the prices of energy, services and tobacco and a more pronounced drop in those of manufactured products. Contrariwise, food prices should accelerate.

Over one month, consumer prices should be stable after a 0.2% downturn in November. Energy prices should fall sharply, in the wake of petroleum product prices. Those of manufactured products should edge down after a slight rise in the previous month. Conversely, those of services should pick up due to a seasonal rebound in airfares. Food prices should rise, after a drop in the previous month.


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