France Inflation Rate 1960-2024 (2024)

FAQs

What is the inflation rate in France in 10 years? ›

Inflation in France

Harmonized consumer price inflation averaged 1.5% in the ten years to 2022, below the Euro Area average of 1.8%. The 2022 average figure was 5.9%.

As of August 2024, the countries with the current highest inflation rates are Argentina (271.5%), Venezuela (51.4% %), Turkey (61.78%) and Sudan (146.6%).

Current France inflation rate

The inflation rate year over year is 2.30% (compared to 2.17% for the previous month). Inflation from June 2024 to July 2024 was 0.18%.

The EU-harmonised CPI rose 2.6% on the year and 0.1% on the month, both below forecasts of 2.7% and 0.3% respectively. The annual inflation rate in France eased to 2.2% in June 2024, down from 2.3% in the previous month but revising higher than preliminary estimates of 2.1%.

Germany inflation rate for 2022 was 6.87%, a 3.81% increase from 2021. Germany inflation rate for 2021 was 3.07%, a 2.92% increase from 2020. Germany inflation rate for 2020 was 0.14%, a 1.3% decline from 2019. Germany inflation rate for 2019 was 1.45%, a 0.29% decline from 2018.

Bolivia. Increasing hyperinflation in Bolivia has plagued, and at times crippled, its economy and currency since the 1970s. At one time in 1985, the country experienced an annual inflation rate of more than 20,000%.

Other top metro areas include Dallas-Fort Worth-Arlington, Texas, and Urban Honolulu, Hawaii. Honolulu has the highest CPI change over the year. Read more about the cities with the biggest inflation problems.

Spain Inflation Rate is at 3.80%, compared to 3.40% last month and 2.90% last year.

Does France have an inflation problem? ›

Since the beginning of 2022, inflation has been rising in France, from 3.3 percent in January to seven percent twelve months after.

So are energy costs. Yet while UK inflation remains over 10%, in France it is 5.6%. In the Eurozone it is below 7% and in the USA it is just 5%.

France Inflation Rate is at 2.60%, compared to 2.40% last month and 6.00% last year. This is higher than the long term average of 1.80%.

Core inflation was 3.7% m/m, similar to the previous month. We modified our estimate for 2024 from 140% YoY to 135% YoY.

Key takeaways

Over the past 10 years, inflation has averaged 1.88%. 2022 showed an annual inflation rate of 8%. The U.S. experienced deflation in the 1930s and high rates of inflation in the 1970s and early 1980s.

The dollar had an average inflation rate of 3.15% per year between 2022 and 2030, producing a cumulative price increase of 28.19%. The buying power of $1,000,000 in 2022 is predicted to be equivalent to $1,281,851.71 in 2030. This calculation is based on future inflation assumption of 3.00% per year.

Basic Info. 10 Year TIPS/Treasury Breakeven Rate is at 2.12%, compared to 2.06% the previous market day and 2.32% last year. This is higher than the long term average of 2.09%.