Inflation France 1988

Average inflation: 2.7%

Current Inflation

Inflation is normal at 2.7%, around the ECB target.

Peak and Trough

The highest inflation was in December at 3.1%. The lowest inflation was in January at 2.4%.

Highest month
December: 3.1%
Lowest month
January: 2.4%
Difference
0.7 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 2.4%. The lowest price increase was in Food and non-alcoholic beverages with an average of 2.4%.

Highest increase
Food and non-alcoholic beverages: 2.4%
Lowest increase
Food and non-alcoholic beverages: 2.4%

Historical Context

Current inflation is 1.7% lower than the 5-year average of 4.4%. This approaches the lowest level since records began (2.5% in 1986).

5-year average
4.4%
10-year average
8.1%
All-time high (1974)
13.6%
All-time low (1986)
2.5%

Trend

Inflation has remained relatively stable. Compared to 1987, the difference is minimal (-0.6 percentage point).

Change vs. previous year
-0.6 percentage points
Largest monthly swing
February: -1.0 percentage points

ECB Target

Inflation is 0.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €102.70 next year at this inflation rate.

Multi-year trend

Monthly figures 1988

Inflation by category

Food and non-alcoholic beverages
2.4%
-0.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1987
January 2.4% -0.6
February 2.4% -1.0
March 2.5% -0.8
April 2.5% -1.0
May 2.5% -0.9
June 2.6% -0.7
July 2.7% -0.7
August 2.8% -0.7
September 3.0% -0.2
October 3.0% -0.2
November 3.0% -0.2
December 3.1% 0.0
Average 2.7%

Data source

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

See also