Inflation France 1994

Average inflation: 1.7%

Inflation in 1994

Inflation is low at 1.7%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in January at 1.8%. The lowest inflation was in March at 1.5%.

Highest month
January: 1.8%
Lowest month
March: 1.5%
Difference
0.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 7.5%. The lowest price increase was in Recreation and culture with an average of 0.3%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 7.5%
Lowest increase
Recreation and culture: 0.3%

Historical Context

Inflation is 0.8 percentage points lower than the 5-year average of 2.5%. This approaches the lowest level since records began (1.7% in 1994).

5-year average
2.5%
10-year average
3%
All-time high (1980)
13.5%
All-time low (1994)
1.7%

Trend

Over the period 1992-1994, inflation has remained relatively stable. Compared to 1993, inflation has fallen by 0.4 percentage points.

Change vs. previous year
-0.4 percentage points
Largest monthly swing
March: -0.7 percentage points

ECB Target

Inflation is 0.3 percentage points below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.70 next year at this inflation rate.

Multi-year trend

Monthly figures 1994

Inflation by category

Food and non-alcoholic beverages
0.8%
-0.9 vs avg.
Alcoholic beverages, tobacco and narcotics
7.5%
+5.8 vs avg.
Clothing and footwear
0.5%
-1.3 vs avg.
Housing, water, electricity, gas and other fuels
2.2%
+0.5 vs avg.
Furnishings, household equipment and maintenance
0.7%
-1.0 vs avg.
Health
1.1%
-0.6 vs avg.
Transport
2.4%
+0.7 vs avg.
Communication
1.2%
-0.5 vs avg.
Recreation and culture
0.3%
-1.4 vs avg.
Education
2.6%
+0.9 vs avg.
Restaurants and hotels
2.5%
+0.8 vs avg.
Miscellaneous goods and services
1.6%
-0.1 vs avg.

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

Month overview

Month Inflation Difference vs. 1993
January 1.8% -0.3
February 1.8% -0.2
March 1.5% -0.7
April 1.6% -0.6
May 1.7% -0.3
June 1.7% -0.3
July 1.6% -0.5
August 1.6% -0.6
September 1.6% -0.6
October 1.7% -0.4
November 1.6% -0.5
December 1.6% -0.5
Average 1.7%

Data source

Data from OECD. Last updated: 13/01/2026.

See also