Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for France

CPHPTT01FRA659N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.30

Year-over-Year Change

4.55%

Date Range

1/1/1996 - 1/1/2024

Summary

The Consumer Price Index (CPI) for France measures changes in the prices of consumer goods and services. It is a key indicator of inflation and an important metric for economic policymakers.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The CPI for France tracks the prices of a representative basket of consumer items, including food, housing, transportation, and other expenditures. It is used to assess the overall cost of living and gauge the purchasing power of the franc.

Methodology

The French National Institute of Statistics and Economic Studies (INSEE) collects price data from a sample of retail outlets to calculate the CPI.

Historical Context

The CPI is closely monitored by the European Central Bank and French government to inform monetary and fiscal policies.

Key Facts

  • The CPI for France uses 1999 as its base year.
  • It covers about 300 different goods and services in its basket.
  • France's CPI reached an all-time high of 105.65 in October 2022.

FAQs

Q: What does this economic trend measure?

A: The Consumer Price Index for France measures the average change in prices paid by consumers for a basket of goods and services.

Q: Why is this trend relevant for users or analysts?

A: The CPI is a key indicator of inflation and a crucial metric for economic policymakers and consumers to assess the cost of living in France.

Q: How is this data collected or calculated?

A: The French National Institute of Statistics and Economic Studies (INSEE) collects price data from a sample of retail outlets to calculate the CPI.

Q: How is this trend used in economic policy?

A: The CPI is closely monitored by the European Central Bank and French government to inform monetary and fiscal policies.

Q: Are there update delays or limitations?

A: The CPI for France is published monthly, with a typical delay of about two weeks.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for France (CPHPTT01FRA659N), retrieved from FRED.