Inflation France 2008
Average inflation: 2.8%
Current Inflation
Inflation is normal at 2.8%, around the ECB target.
Peak and Trough
The highest inflation was in June at 3.6%. The lowest inflation was in December at 1.0%.
- Highest month
- June: 3.6%
- Lowest month
- December: 1.0%
- Difference
- 2.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Transport with an average of 5.2%. The lowest price increase was in Recreation and culture with an average of -1.4%.
- Highest increase
- Transport: 5.2%
- Lowest increase
- Recreation and culture: -1.4%
Historical Context
Current inflation is 0.8% higher than the 5-year average of 2.0%.
- 5-year average
- 2%
- 10-year average
- 1.8%
- All-time high (1989)
- 3.5%
- All-time low (1999)
- 0.5%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +1.3 percentage point.
- Change vs. previous year
- +1.3 percentage points
- Largest monthly swing
- July: +2.5 percentage points
ECB Target
Inflation is 0.8% 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 €102.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 2.8% | +1.6 |
| February | 2.8% | +1.8 |
| March | 3.2% | +2.0 |
| April | 3.0% | +1.7 |
| May | 3.3% | +2.2 |
| June | 3.6% | +2.4 |
| July | 3.6% | +2.5 |
| August | 3.2% | +2.0 |
| September | 3.0% | +1.5 |
| October | 2.7% | +0.7 |
| November | 1.6% | -0.8 |
| December | 1.0% | -1.6 |
| Average | 2.8% |
Data source
Data from OECD. Last updated: 13/01/2026.