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- French CPI up 0.2% in June
French CPI up 0.2% in June
In June 2016, according to the provisional estimate made at the end of the month, the Consumer Price Index (CPI) is set to rise by 0.1% month-on-month (versus -0.1% over one month in June 2015). This increase should result from a strengthening in petroleum products prices for the fourth month in a row, and a seasonal rebound in prices of some services at the edge of summer. It should be partly offset by the seasonal decline in fresh food and manufactured products prices, with the beginning of summer sales.
Year-on-year, consumer prices should rise by 0.2% in June 2016 after a stabiltity during the previous month. This slight increase should arise mainly from a smaller decrease in energy prices. Similarly, the decline in manufactured products prices should be less pronounced than in May. Food and service prices should contribute again to the rise in consumer prices year-on-year.
In June 2016, the Harmonised Index of Consumer Prices is set to grow by 0.2% over the month. Year-on-year, it should increase by 0.3% after +0.1% in the previous month.
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