Inflation France 1970

Average inflation: 5.3%

Current Inflation

Inflation is very high at 5.3%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 5.6%. The lowest inflation was in December at 4.9%.

Highest month
January: 5.6%
Lowest month
December: 4.9%
Difference
0.7 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 1.1% higher than the 5-year average of 4.2%.

5-year average
4.2%
10-year average
4%
All-time high (1958)
15.3%
All-time low (1956)
1.9%

Trend

Inflation has remained relatively stable. Compared to 1969, the difference is minimal (-0.7 percentage point).

Change vs. previous year
-0.7 percentage points
Largest monthly swing
July: -1.3 percentage points

ECB Target

Inflation is 3.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €105.30 next year at this inflation rate.

Multi-year trend

Monthly figures 1970

Month overview

Month Inflation Difference vs. 1969
January 5.6% +0.2
February 5.6% 0.0
March 5.4% -0.6
April 5.4% -0.9
May 5.4% -1.0
June 5.5% -0.9
July 5.2% -1.3
August 5.4% -0.9
September 5.2% -0.9
October 5.0% -0.7
November 5.0% -0.8
December 4.9% -1.0
Average 5.3%

Data source

Data from OECD. Last updated: 20/12/2025.

See also