2018 Economic Calendar
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France : CPI  
Released On 2/22/2018 2:45:00 AM For Jan(f), 2018
PriorConsensusActual
Month over Month-0.1 %-0.1 %-0.1 %
Year over Year1.4 %1.4 %1.3 %

Highlights
The final CPI showed an unchanged 0.1 percent monthly dip in January and a 1.3 percent annual inflation rate, a tick short of its earlier estimate but still higher than December's 1.2 percent final mark.

The flash HICP was unrevised and so still shows a 0.1 percent monthly drop and a 1.5 percent yearly rate, up 0.3 percentage points from last time.

Food (0.3 percent) and energy (4.7 percent) both made positive contributions to the overall monthly change while manufacturing, which is seasonally soft in January, recorded a 2.2 percent decline as clothing and footwear dropped fully 12.0 percent. Seasonally adjusted, the CPI rose a sharp 0.7 percent versus December within which the core index was up 0.6 percent. This was enough to lift the annual underlying inflation rate by 0.3 percentage points to 0.9 percent.

January is a volatile period for consumer prices and the spike in the core inflation rate is very unlikely to signal a major change in trend. Still, the pick-up is in keeping with building capacity pressures on the back of strong economic growth so there should be room for inflation to accelerate at least gradually during 2018.

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: 1/51/121/312/222/283/153/304/124/275/155/316/146/297/127/31
Release For: DecDecJanJanFebFebMarMarAprAprMayMayJunJunJul
 
Released On: 8/148/319/139/2810/1110/3111/1411/30
Release For: JulAugAugSepSepOctOctNov
 


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