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GRAPH: See food, energy and services price changes in year in France

French consumer prices are still rising with tobacco showing the highest increase year-on-year

Shoppers in French supermarket with inset graph of consumer prices

Consumer prices have been declining since the massive increase in 2022

Alexandre Rotenberg / Shutterstock / Visactu

Richard Henshell Richard Henshell

Published Friday 17 May 2024 - 08:22

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French consumer prices are still rising year-on-year, but the rate of the increase is slowing, data from the French statistics bureau Insee shows.

Consumer prices remain high since the Russian invasion of Ukraine in 2022 led to a massive increase in the cost of energy, limits in the availability of certain raw materials and market speculation.

Read more: SEE: How inflation in France compares with other EU countries

However, the year-on-year rate of the increase is slowing down for many consumer goods, including for fresh produce and manufactured goods.

Read more: Crackdown on super cheap fashion imports under review in France

The biggest increase year-on-year was in the price of tobacco.

French consumer prices 1998 to 2024

Visactu / The Connexion

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