Inflation France 1971

Average inflation: 5.4%

Inflation in 1971

Inflation is very high at 5.4%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 6.0%. The lowest inflation was in January at 4.7%.

Highest month
December: 6.0%
Lowest month
January: 4.7%
Difference
1.3 percentage points
Months with data
12 of 12

Historical Context

Inflation is 0.6 percentage points higher than the 5-year average of 4.8%.

5-year average
4.8%
10-year average
4.3%
All-time high (1958)
15.3%
All-time low (1956)
1.9%

Trend

Over the period 1969-1971, inflation has remained relatively stable. Compared to 1970, inflation has risen by 0.1 percentage points.

Change vs. previous year
+0.1 percentage points
Largest monthly swing
December: +1.1 percentage points

ECB Target

Inflation is 3.4 percentage points 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 €105.40 next year at this inflation rate.

Multi-year trend

Monthly figures 1971

Inflation by category

Food and non-alcoholic beverages
6.0%
+0.6 vs avg.

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1970
January 4.7% -0.9
February 4.9% -0.7
March 5.0% -0.4
April 5.1% -0.3
May 5.3% -0.1
June 5.3% -0.2
July 5.6% +0.4
August 5.6% +0.2
September 5.7% +0.5
October 5.8% +0.8
November 5.8% +0.8
December 6.0% +1.1
Average 5.4%

Data source

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

See also