France’s annual inflation eases to 1.8% in June on lower energy prices

France’s annual consumer price inflation is expected to slow to 1.8 per cent in June 2026, down from 2.4 per cent in May, according to provisional estimates released by the French National Institute of Statistics and Economic Studies (INSEE). The decline was primarily driven by a sharp slowdown in energy prices, particularly petroleum products, although energy costs remained 11.2 per cent higher than a year earlier.On a monthly basis, the Consumer Price Index (CPI) is projected to fall 0.2 per cent in June after rising 0.1 per cent in May. The decline reflects lower energy, food, and manufactured goods prices, while services prices increased in line with seasonal trends.

Manufactured products recorded a steeper annual decline of 0.9 per cent, partly due to the timing of seasonal sales, while services inflation eased to 1.8 per cent from 2.1 per cent.

France’s annual inflation is projected to ease to 1.8 per cent in June from 2.4 per cent in May, mainly due to slower energy price growth, according to provisional INSEE data.
Monthly Consumer Price Index (CPI) is expected to fall 0.2 per cent, while the EU-harmonised inflation rate (HICP) is estimated to slow to 2.0 per cent from 2.8 per cent.

The Harmonised Index of Consumer Prices (HICP), used for comparisons across the European Union, is estimated to have increased 2.0 per cent annually in June, slowing from 2.8 per cent in May. On a monthly basis, the HICP is expected to decline 0.3 per cent, following a 0.1 per cent increase in May.

Fibre2Fashion News Desk (CG)