Consumer Price Index: Harmonized Prices: All Items: Total for France
FRACPHPTT01IXEBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.32
Year-over-Year Change
3.86%
Date Range
1/1/1990 - 11/1/2023
Summary
The Consumer Price Index: Harmonized Prices: All Items: Total for France measures the overall price level for consumer goods and services in France. This key economic indicator is closely watched by policymakers to monitor inflation and guide monetary policy decisions.
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
This index tracks the changes in the prices paid by French consumers for a basket of common goods and services. It is harmonized with other European Union countries to allow for cross-country comparisons. The CPI is a widely used metric for assessing the cost of living and purchasing power in the French economy.
Methodology
The data is collected through surveys of retail establishments and households by the French National Institute of Statistics and Economic Studies.
Historical Context
The French CPI is a critical input for the European Central Bank's monetary policy, as it helps gauge inflationary pressures and inform interest rate decisions.
Key Facts
- France's CPI reached a high of 107.49 in June 2022.
- The index has risen by over 6% year-over-year as of mid-2022.
- Housing, transportation, and food are the largest components of the French CPI basket.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: Harmonized Prices: All Items: Total for France measures the overall price level for consumer goods and services purchased by French households.
Q: Why is this trend relevant for users or analysts?
A: The French CPI is a critical economic indicator used by policymakers, businesses, and consumers to track inflation and assess the purchasing power of the euro in France.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and households by the French National Institute of Statistics and Economic Studies.
Q: How is this trend used in economic policy?
A: The French CPI is a key input for the European Central Bank's monetary policy decisions, as it helps gauge inflationary pressures in the Eurozone's second-largest economy.
Q: Are there update delays or limitations?
A: The French CPI data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Consumer Price Index: Harmonized Prices: All Items: Total for France (FRACPHPTT01IXEBM), retrieved from FRED.