🇫🇷France inflation rate
released 19 Aug 2026 · data through July 2026 · next release expected 31 Aug 2026
France joined the euro at its launch in 1999. Harmonised inflation (HICP) — the EU-harmonised measure that makes prices comparable across Europe — stands at 2.4% as of July 2026. That is 0.4 percentage points above the ECB's 2% target, and 0.6 points below the eurozone average of 3.0%.
The breakdown shows core (excluding energy and food) at 1.4%, energy at 12.5%, food at 1.2% and services at 2.4%. The strongest pressure is in energy (12.5%), while food is the softest (1.2%).
Month on month the headline rose from 2.0% to 2.4%, extending the climb.
France ranks number 23 of 30 European economies by annual inflation, from highest to lowest, between Latvia and Malta.
France's harmonised inflation is 2.4% as of July 2026 — abovethe European Central Bank's 2% target by 0.4 percentage points.
Compare with the rest of Europe on the European inflation ranking →
Frequently asked questions
- What is France's current inflation rate?
- France's annual inflation rate, measured by the harmonised index of consumer prices (HICP), is 2.4% as of July 2026.
- Is France's inflation above or below the ECB's 2% target?
- At 2.4%, it is 0.4 percentage points above the European Central Bank's 2% target.
- How does France's inflation compare with the rest of Europe?
- France ranks number 23 of 30 European economies by inflation, 0.6 points below the eurozone average of 3.0%.
- Did France's inflation rise or fall last month?
- Month on month, the headline rate rose from 2.0% to 2.4% in July 2026.