2018 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

France : CPI  
Released On 1/12/2018 2:45:00 AM For Dec(f), 2017
PriorConsensusActual
Month over Month0.3 %0.3 %0.3 %
Year over Year1.2 %1.2 %1.2 %

Highlights
Consumer prices were unrevised in the final data for December. The headline index still shows a 0.3 percent monthly rise and a 1.2 percent annual inflation rate, in line with its final November mark.

The final HICP also matched its flash 0.4 percent monthly rise but its yearly rate was revised 0.1 percentage points softer to 1.2 percent, its third consecutive month at this level.

Within the CPI basket, the largest monthly gains were seen in energy and services (both 0.5 percent), the latter reflecting the usual seasonal factors at year-end. Annual service sector inflation has been running at 1.0 percent since October. Elsewhere, yearly deflation in manufacturing (0.1 percent) eased for a fourth consecutive month.

However, seasonally adjusted, the CPI edged just 0.1 percent higher versus November when it rose 0.2 percent. Indeed, the core index was only flat at November's level although positive base effects still nudged its annual rate up to 0.6 percent following five months stuck at 0.5 percent.

The final December data may offer some limited evidence that faster economic growth is finally starting to give a boost to underlying prices. Nonetheless, competitive factors remain intense and any further acceleration near-term is likely to be only very limited.

Definition
The consumer price index (CPI) is a measure of the average price level of a fixed basket of goods and services purchased by consumers. Monthly and annual changes in the CPI represent the main rates of inflation. The national CPI is released alongside the HICP, Eurostat's harmonized measure of consumer prices. A flash estimate was released for the first time in January 2016 and is now published towards the end of each reference month.  Why Investors Care
 
 

2018 Release Schedule
Released On: 1/51/121/31
Release For: DecDecJan
 


powered by  [Econoday]