Inflation France 1974

Average inflation: 13.6%

Current Inflation

Inflation is very high at 13.6%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 15.2%. The lowest inflation was in January at 10.3%.

Highest month
December: 15.2%
Lowest month
January: 10.3%
Difference
4.9 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food and non-alcoholic beverages with an average of 12.5%. The lowest price increase was in Food and non-alcoholic beverages with an average of 12.5%.

Highest increase
Food and non-alcoholic beverages: 12.5%
Lowest increase
Food and non-alcoholic beverages: 12.5%

Historical Context

Current inflation is 6.0% higher than the 5-year average of 7.6%.

5-year average
7.6%
10-year average
5.6%
All-time high (1958)
15.3%
All-time low (1956)
1.9%

Trend

Inflation shows an upward trend. Compared to 1973, inflation has risen by +6.2 percentage point.

Change vs. previous year
+6.2 percentage points
Largest monthly swing
July: +7.0 percentage points

ECB Target

Inflation is 11.6% 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 €113.60 next year at this inflation rate.

Multi-year trend

Monthly figures 1974

Inflation by category

Food and non-alcoholic beverages
12.5%
-1.1vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1973
January 10.3% +3.7
February 11.5% +5.2
March 12.2% +5.8
April 13.2% +6.5
May 13.5% +6.3
June 13.9% +6.5
July 14.4% +7.0
August 14.5% +6.9
September 14.7% +6.8
October 14.9% +6.8
November 14.9% +6.5
December 15.2% +6.7
Average 13.6%

Data source

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

See also