30 June 2020
2020- n° 163In June 2020, consumer prices increased by 0.1% year on year Consumer price index - provisional results - June 2020
These provisional results are only preliminary data. Accordingly, they should not be used for contractual revaluations. The indices published here are based on a limited set of price observations and from estimates of some rates of change for fares which are not yet available. The complete results will be published on 16 July 2020.
Moreover, the health crisis due to the Covid-19 impacts the quality of the data for June 2020: price collection on the field has been adjourned since 16 March and has gradually resumed in the end of the price collection period some points of sale were closed and a lot of products were no more available for sale, at least at the beginning of the month. The prices of a quarter of the consumption are therefore imputed due to the health crisis.
Additional information is available in “For further information”.
Over a year, the Consumer Price Index (CPI) should rise by 0.1% in June 2020, after +0.4% in the previous month, according to the provisional estimate made at the end of the month. This drop in inflation should result from a slowdown in service and food prices and an accentuated fall in the prices of manufactured products. Contrariwise, energy prices should drop less than in May. Finally, tobacco prices should increase year on year at the same pace as in the previous month.
Over one month, consumer prices should edge down by 0.1%, after +0.1% in the previous month. Food prices should sharply fall back, those of services and tobacco should slow down and those of manufactured products should drop more. Contrariwise, energy prices should rebound, after four months of sharp decrease.
Year on year, the Harmonised Index of Consumer Prices should slow down, to +0.1%, after +0.4% in May. Over one month, it should fall back by 0.1%, after +0.2% in the previous month.
tableauConsumer Price Indices
| Weight 2020 | June 2019 | May 2020 | June 2020 (p) | |
|---|---|---|---|---|
| CPI - All items* | 10000 | 1.2 | 0.4 | 0.1 |
| Food | 1610 | 2.6 | 3.5 | 2.3 |
| - Fresh food | 230 | 3.7 | 17.3 | 11.0 |
| - Other food products | 1380 | 2.3 | 1.2 | 0.9 |
| Tobacco | 205 | 9.0 | 13.9 | 13.9 |
| Energy | 808 | 2.4 | -11.0 | -9.3 |
| Manufactured products | 2491 | -0.7 | -0.7 | -1.1 |
| Services | 4886 | 1.2 | 1.2 | 0.9 |
| HICP** - All items | 10000 | 1.4 | 0.4 | 0.1 |
- (p) provisional results
- *: Consumer Price Indices
- **: Harmonised Index of Consumer Prices
tableauVariations in the consumer price index
| 12-month-rate | 1-month-rate | |
|---|---|---|
| 2017-01 | 1.3 | -0.2 |
| 2017-02 | 1.2 | 0.1 |
| 2017-03 | 1.1 | 0.6 |
| 2017-04 | 1.2 | 0.1 |
| 2017-05 | 0.8 | 0.0 |
| 2017-06 | 0.7 | 0.0 |
| 2017-07 | 0.7 | -0.3 |
| 2017-08 | 0.9 | 0.5 |
| 2017-09 | 1.0 | -0.2 |
| 2017-10 | 1.1 | 0.1 |
| 2017-11 | 1.2 | 0.1 |
| 2017-12 | 1.2 | 0.3 |
| 2018-01 | 1.3 | -0.1 |
| 2018-02 | 1.2 | 0.0 |
| 2018-03 | 1.6 | 1.0 |
| 2018-04 | 1.6 | 0.2 |
| 2018-05 | 2.0 | 0.4 |
| 2018-06 | 2.0 | 0.0 |
| 2018-07 | 2.3 | -0.1 |
| 2018-08 | 2.3 | 0.5 |
| 2018-09 | 2.2 | -0.2 |
| 2018-10 | 2.2 | 0.1 |
| 2018-11 | 1.9 | -0.2 |
| 2018-12 | 1.6 | 0.0 |
| 2019-01 | 1.2 | -0.4 |
| 2019-02 | 1.3 | 0.0 |
| 2019-03 | 1.1 | 0.8 |
| 2019-04 | 1.3 | 0.3 |
| 2019-05 | 0.9 | 0.1 |
| 2019-06 | 1.2 | 0.2 |
| 2019-07 | 1.1 | -0.2 |
| 2019-08 | 1.0 | 0.5 |
| 2019-09 | 0.9 | -0.3 |
| 2019-10 | 0.8 | 0.0 |
| 2019-11 | 1.0 | 0.1 |
| 2019-12 | 1.5 | 0.4 |
| 2020-01 | 1.5 | -0.4 |
| 2020-02 | 1.4 | 0.0 |
| 2020-03 | 0.7 | 0.1 |
| 2020-04 | 0.3 | 0.0 |
| 2020-05 | 0.4 | 0.1 |
| 2020-06 | 0.1 | -0.1 |
graphiqueVariations in the consumer price index
- Geographical coverage: France excluding Mayotte.
- Source: INSEE - Consumer Price Indices.
For further information
The CPI is calculated using scanner data, prices collected by INSEE collectors in physical outlets and a centralized collection (online collect, administrative data).
The price collection carried out by collectors on the field (about 40% in the CPI) has been suspended since 16 March and has gradually resumed since mid-June: for the concerned products, alternative data collections were carried out (price collection online, price collection by phone, scanner data…). Moreover, a lot of products are no more available for sale (restaurants, shows…). These missing prices due to a lack of collection or an impossibility to purchase the products were imputed in compliance with Eurostat guidelines.
For further information: https://insee.fr/en/statistiques/4622401#documentation
Definition
The Harmonised Index of Consumer Prices (HICP) is designed for comparison of consumer price inflation between Members States of the European Union. It is computed for all households in France except Mayotte.
Publication of final results: 16 July 2020 at 8:45 am
Next publication: 30 July 2020 at 8:45 am
Documentation
How to compute a Consumer Price Index in the context of the Covid-19 crisis ? Provisional estimate-May 2020 (pdf,112 Ko)
Abbreviated Methodology (pdf,131 Ko)
Using scanner data from 2020 on : Impact on the CPI (pdf,216 Ko)
CPI : methodological changes for 2020 (pdf,139 Ko)
Pour en savoir plus
The CPI is calculated using scanner data, prices collected by INSEE collectors in physical outlets and a centralized collection (online collect, administrative data).
The price collection carried out by collectors on the field (about 40% in the CPI) has been suspended since 16 March and has gradually resumed since mid-June: for the concerned products, alternative data collections were carried out (price collection online, price collection by phone, scanner data…). Moreover, a lot of products are no more available for sale (restaurants, shows…). These missing prices due to a lack of collection or an impossibility to purchase the products were imputed in compliance with Eurostat guidelines.
For further information: https://insee.fr/en/statistiques/4622401#documentation
Definition
The Harmonised Index of Consumer Prices (HICP) is designed for comparison of consumer price inflation between Members States of the European Union. It is computed for all households in France except Mayotte.
Publication of final results: 16 July 2020 at 8:45 am
Next publication: 30 July 2020 at 8:45 am
