Inflation France 2022

Average inflation: 5.2%

Current Inflation

Inflation is very high at 5.2%, far above the ECB target.

Peak and Trough

The highest inflation was in October at 6.2%. The lowest inflation was in January at 2.9%.

Highest month
October: 6.2%
Lowest month
January: 2.9%
Difference
3.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Transport with an average of 9.9%. The lowest price increase was in Health with an average of -0.7%.

Highest increase
Transport: 9.9%
Lowest increase
Health: -0.7%

Historical Context

Current inflation is 3.1% higher than the 5-year average of 2.1%. This approaches the highest level since records began (5.2% in 2022).

5-year average
2.1%
10-year average
1.3%
All-time high (2022)
5.2%
All-time low (2015)
0%

Trend

Inflation shows an upward trend. Compared to 2021, inflation has risen by +3.5 percentage point.

Change vs. previous year
+3.5 percentage points
Largest monthly swing
July: +4.9 percentage points

ECB Target

Inflation is 3.2% 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 €105.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2022

Inflation by category

Food and non-alcoholic beverages
7.3%
+2.1vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.3%
-3.9vs avg.
More details →
Clothing and footwear
2.7%
-2.5vs avg.
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Housing, water, electricity, gas and other fuels
9.3%
+4.1vs avg.
More details →
Furnishings, household equipment and maintenance
5.7%
+0.5vs avg.
More details →
Health
-0.7%
-5.9vs avg.
More details →
Transport
9.9%
+4.7vs avg.
More details →
Communication
0.1%
-5.1vs avg.
More details →
Recreation and culture
1.8%
-3.4vs avg.
More details →
Education
2.3%
-2.9vs avg.
More details →
Restaurants and hotels
4.6%
-0.6vs avg.
More details →
Miscellaneous goods and services
3.6%
-1.6vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2021
January 2.9% +2.3
February 3.6% +3.0
March 4.5% +3.4
April 4.8% +3.6
May 5.2% +3.8
June 5.8% +4.3
July 6.1% +4.9
August 5.9% +4.0
September 5.6% +3.4
October 6.2% +3.6
November 6.2% +3.4
December 5.9% +3.1
Average 5.2%

Data source

Data from OECD. Last updated: 11/01/2026.

See also