2018 Economic Calendar
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France : CPI  
Released On 7/12/2018 2:45:00 AM For Jun(f), 2018
PriorConsensusActual
Month over Month0.1 %0.1 %0.0 %
Year over Year2.1 %2.1 %2.0 %

Highlights
The provisional CPI was revised a little softer in the final June data. An unchanged level on the month left annual inflation at May's final 2.0 percent mark but this still equalled its highest outturn since August 2012.

The flash HICP was similarly trimmed a tick and now also shows no monthly change and a 2.3 percent yearly rate, in line with its final May print.

As previously indicated, the main upward pressure on the change in the annual CPI rate came from energy where inflation rose from 10.0 percent to 12.3 percent. This was compounded by a minor acceleration in the rate for food (1.9 percent from 1.8 percent). Overall goods deflation was flat at minus 0.2 percent but services more than reversed May's 0.1 percentage point advance with a fall of 0.3 percentage points to 1.2 percent. Seasonally adjusted, core prices dipped 0.1 percent on the month which lowered their yearly rate from 1.0 percent to 0.8 percent, equalling its weakest mark since last December.

The final June inflation update confirms an essentially flat underlying picture. Economic growth will probably need to acquire renewed momentum if the rate is to be significantly higher by year-end.

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
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