Inflation France 1998
Average inflation: 0.7%
Current Inflation
Inflation is very low at 0.7%, well below the ECB target.
Peak and Trough
The highest inflation was in April at 1.0%. The lowest inflation was in November at 0.2%.
- Highest month
- April: 1.0%
- Lowest month
- November: 0.2%
- Difference
- 0.8 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 2.1%. The lowest price increase was in Communication with an average of -4.0%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 2.1%
- Lowest increase
- Communication: -4.0%
Historical Context
Current inflation is 0.8% lower than the 5-year average of 1.5%. This approaches the lowest level since records began (0.7% in 1998).
- 5-year average
- 1.5%
- 10-year average
- 2.2%
- All-time high (1980)
- 13.5%
- All-time low (1998)
- 0.7%
Trend
Inflation shows a downward trend. Compared to 1997, inflation has fallen by +0.5 percentage point.
- Change vs. previous year
- -0.5 percentage points
- Largest monthly swing
- January: -1.2 percentage points
ECB Target
Inflation is 1.3% 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 €100.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1998
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1997 |
|---|---|---|
| January | 0.6% | -1.2 |
| February | 0.8% | -0.8 |
| March | 0.9% | -0.1 |
| April | 1.0% | +0.1 |
| May | 0.9% | 0.0 |
| June | 1.0% | 0.0 |
| July | 0.8% | -0.2 |
| August | 0.6% | -0.9 |
| September | 0.4% | -1.0 |
| October | 0.4% | -0.6 |
| November | 0.2% | -1.1 |
| December | 0.2% | -0.9 |
| Average | 0.7% |
Data source
Data from OECD. Last updated: 11/01/2026.