Inflation France 1977
Average inflation: 9.5%
Current Inflation
Inflation is very high at 9.5%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 10.2%. The lowest inflation was in January at 9.0%.
- Highest month
- June: 10.2%
- Lowest month
- January: 9.0%
- Difference
- 1.2 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 12.7%. The lowest price increase was in Food and non-alcoholic beverages with an average of 12.7%.
- Highest increase
- Food and non-alcoholic beverages: 12.7%
- Lowest increase
- Food and non-alcoholic beverages: 12.7%
Historical Context
Current inflation is 0.9% lower than the 5-year average of 10.4%.
- 5-year average
- 10.4%
- 10-year average
- 9.7%
- All-time high (1974)
- 13.6%
- All-time low (1972)
- 6.1%
Trend
Inflation shows a downward trend. Compared to 1976, inflation has fallen by +0.1 percentage point.
- Change vs. previous year
- -0.1 percentage points
- Largest monthly swing
- June: +1.0 percentage points
ECB Target
Inflation is 7.5% 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 €109.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1977
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1976 |
|---|---|---|
| January | 9.0% | -0.6 |
| February | 9.0% | -0.5 |
| March | 9.1% | -0.5 |
| April | 9.5% | -0.1 |
| May | 9.8% | +0.3 |
| June | 10.2% | +1.0 |
| July | 10.1% | +0.7 |
| August | 9.9% | +0.4 |
| September | 9.7% | 0.0 |
| October | 9.5% | -0.4 |
| November | 9.1% | -1.0 |
| December | 9.0% | -0.9 |
| Average | 9.5% |
Data source
Data from OECD. Last updated: 20/12/2025.