Informations Rapides ·
12 May 2023 · n° 120
In April 2023, consumer prices increased by 0.6% over one month and by 5.9% year on
year Consumer price index - final results - April 2023
- Monthly change: +0.6% in April; year-on-year change: +5.9%
- Increase in core inflation year on year
- Acceleration in energy prices year on year
- Acceleration in service prices year on year
- Slowdown in manufactured good prices year on year
- Slowdown in food prices year on year
- Revisions
- For further information
Monthly change: +0.6% in April; year-on-year change: +5.9%
In April 2023, the Consumer Price Index (CPI) increased by 0.6% over one month, after +0.9% in March. The prices of energy fell back slightly (‑0.7% after +0.2%), due to a decrease in the prices of gas (‑3.8% after ‑0.4%) and petroleum products (‑0.6% after ‑0.4%). The prices of food slowed down (+0.6% after +1.8%), linked with a decline of those of fresh products (‑2.9% after +3.2%). Prices of manufactured goods decelerated also (+0.3% after +1.5%), as did those of tobacco (+1.5% after +7.6%). On the contrary, the prices of services accelerated (+1.0% after +0.1%), due to the rebound in transport service prices (+8.1% after ‑1.0%) and to the acceleration of those of “other services” (+0.8% after +0.2%).
Seasonally adjusted, consumer prices increased by 0.6% in April 2023, after +0.3% in March.
Year on year, consumer prices grew by 5.9% in April 2023, after +5.7% in March. This increase in inflation resulted from an acceleration in prices of energy (+6.8% after +4.9%), services (+3.2% after +2.9%) and tobacco (+9.4% after +7.8%). Contrariwise, the prices of manufactured goods (+4.6% after +4.8%) and food (+15.0% after +15.9%) slowed down.
Increase in core inflation year on year
Year on year, core inflation grew by 6.3% in April 2023, after +6.2% in March.
The Harmonised Index of Consumer Prices (HICP) rose by 0.7% in April 2023 over a month, after +1.0% in the previous month; year on year, it increased by 6.9%, after +6.7% in March.
tableauConsumer Price Index (CPI), core inflation (ISJ) and Harmonised Index of Consumer Prices (HICP) year-on-year changes
| HICP | CPI | ISJ | |
|---|---|---|---|
| 2023-04 | 6.9 | 5.9 | 6.3 |
| 2023-03 | 6.7 | 5.7 | 6.2 |
| 2023-02 | 7.3 | 6.3 | 6.1 |
| 2023-01 | 7.0 | 6.0 | 5.6 |
| 2022-12 | 6.7 | 5.9 | 5.3 |
| 2022-11 | 7.1 | 6.2 | 5.3 |
| 2022-10 | 7.1 | 6.2 | 5.0 |
| 2022-09 | 6.2 | 5.6 | 4.5 |
| 2022-08 | 6.6 | 5.9 | 4.7 |
| 2022-07 | 6.8 | 6.1 | 4.3 |
| 2022-06 | 6.5 | 5.8 | 3.7 |
| 2022-05 | 5.8 | 5.2 | 3.7 |
| 2022-04 | 5.4 | 4.8 | 3.3 |
| 2022-03 | 5.1 | 4.5 | 2.6 |
| 2022-02 | 4.2 | 3.6 | 2.5 |
| 2022-01 | 3.3 | 2.9 | 1.7 |
| 2021-12 | 3.4 | 2.8 | 1.9 |
| 2021-11 | 3.4 | 2.8 | 1.6 |
| 2021-10 | 3.2 | 2.6 | 1.4 |
| 2021-09 | 2.7 | 2.2 | 1.3 |
| 2021-08 | 2.4 | 1.9 | 1.3 |
| 2021-07 | 1.5 | 1.2 | 0.2 |
| 2021-06 | 1.9 | 1.5 | 1.1 |
| 2021-05 | 1.8 | 1.4 | 1.0 |
| 2021-04 | 1.6 | 1.2 | 1.0 |
| 2021-03 | 1.4 | 1.1 | 0.9 |
| 2021-02 | 0.8 | 0.6 | 0.4 |
| 2021-01 | 0.8 | 0.6 | 0.9 |
| 2020-12 | 0.0 | 0.0 | 0.2 |
| 2020-11 | 0.2 | 0.2 | 0.4 |
| 2020-10 | 0.1 | 0.0 | 0.3 |
| 2020-09 | 0.0 | 0.0 | 0.5 |
| 2020-08 | 0.2 | 0.2 | 0.5 |
| 2020-07 | 0.9 | 0.8 | 1.4 |
| 2020-06 | 0.2 | 0.2 | 0.3 |
| 2020-05 | 0.4 | 0.4 | 0.6 |
| 2020-04 | 0.4 | 0.3 | 0.3 |
| 2020-03 | 0.8 | 0.7 | 0.7 |
| 2020-02 | 1.6 | 1.4 | 1.3 |
| 2020-01 | 1.7 | 1.5 | 0.9 |
| 2019-12 | 1.6 | 1.5 | 1.1 |
| 2019-11 | 1.2 | 1.0 | 0.9 |
| 2019-10 | 0.9 | 0.8 | 1.0 |
| 2019-09 | 1.1 | 0.9 | 0.9 |
| 2019-08 | 1.3 | 1.0 | 0.7 |
| 2019-07 | 1.3 | 1.1 | 0.9 |
| 2019-06 | 1.4 | 1.2 | 0.9 |
| 2019-05 | 1.1 | 0.9 | 0.5 |
| 2019-04 | 1.5 | 1.3 | 0.7 |
| 2019-03 | 1.3 | 1.1 | 0.5 |
| 2019-02 | 1.6 | 1.3 | 0.7 |
| 2019-01 | 1.4 | 1.2 | 0.6 |
| 2018-12 | 1.9 | 1.6 | 0.7 |
| 2018-11 | 2.2 | 1.9 | 0.7 |
| 2018-10 | 2.5 | 2.2 | 0.8 |
| 2018-09 | 2.5 | 2.2 | 0.7 |
| 2018-08 | 2.6 | 2.3 | 0.9 |
| 2018-07 | 2.6 | 2.3 | 0.8 |
| 2018-06 | 2.3 | 2.0 | 0.8 |
| 2018-05 | 2.3 | 2.0 | 1.0 |
| 2018-04 | 1.8 | 1.6 | 0.9 |
| 2018-03 | 1.7 | 1.6 | 0.9 |
| 2018-02 | 1.3 | 1.2 | 0.7 |
| 2018-01 | 1.5 | 1.3 | 0.8 |
| 2017-12 | 1.2 | 1.2 | 0.6 |
| 2017-11 | 1.2 | 1.2 | 0.5 |
| 2017-10 | 1.2 | 1.1 | 0.5 |
| 2017-09 | 1.1 | 1.0 | 0.5 |
| 2017-08 | 1.0 | 0.9 | 0.5 |
| 2017-07 | 0.8 | 0.7 | 0.5 |
| 2017-06 | 0.8 | 0.7 | 0.4 |
| 2017-05 | 0.9 | 0.8 | 0.3 |
| 2017-04 | 1.4 | 1.2 | 0.5 |
| 2017-03 | 1.4 | 1.1 | 0.4 |
| 2017-02 | 1.4 | 1.2 | 0.2 |
| 2017-01 | 1.6 | 1.3 | 0.6 |
| 2016-12 | 0.8 | 0.6 | 0.4 |
| 2016-11 | 0.7 | 0.5 | 0.6 |
| 2016-10 | 0.5 | 0.4 | 0.5 |
| 2016-09 | 0.5 | 0.4 | 0.7 |
| 2016-08 | 0.4 | 0.2 | 0.4 |
| 2016-07 | 0.4 | 0.2 | 0.5 |
| 2016-06 | 0.3 | 0.2 | 0.7 |
| 2016-05 | 0.1 | 0.0 | 0.7 |
| 2016-04 | -0.1 | -0.2 | 0.6 |
| 2016-03 | -0.1 | -0.1 | 0.7 |
| 2016-02 | -0.1 | -0.2 | 0.7 |
| 2016-01 | 0.3 | 0.2 | 0.9 |
| 2015-12 | 0.3 | 0.2 | 1.0 |
| 2015-11 | 0.1 | 0.0 | 0.9 |
| 2015-10 | 0.2 | 0.1 | 0.8 |
| 2015-09 | 0.1 | 0.0 | 0.6 |
| 2015-08 | 0.1 | 0.0 | 0.5 |
| 2015-07 | 0.2 | 0.2 | 0.6 |
| 2015-06 | 0.3 | 0.3 | 0.6 |
| 2015-05 | 0.3 | 0.3 | 0.5 |
| 2015-04 | 0.1 | 0.1 | 0.4 |
| 2015-03 | 0.0 | -0.1 | 0.2 |
| 2015-02 | -0.3 | -0.3 | 0.2 |
| 2015-01 | -0.4 | -0.4 | 0.1 |
| 2014-12 | 0.1 | 0.1 | -0.1 |
| 2014-11 | 0.4 | 0.3 | -0.2 |
| 2014-10 | 0.5 | 0.5 | 0.0 |
| 2014-09 | 0.4 | 0.3 | 0.1 |
| 2014-08 | 0.5 | 0.4 | 0.3 |
| 2014-07 | 0.6 | 0.5 | 0.1 |
| 2014-06 | 0.6 | 0.5 | 0.1 |
| 2014-05 | 0.8 | 0.7 | 0.3 |
| 2014-04 | 0.8 | 0.7 | 0.5 |
| 2014-03 | 0.8 | 0.6 | 0.5 |
| 2014-02 | 1.1 | 0.9 | 0.8 |
| 2014-01 | 0.8 | 0.6 | 0.2 |
graphiqueConsumer Price Index (CPI), core inflation (ISJ) and Harmonised Index of Consumer Prices (HICP) year-on-year changes
- Source: INSEE
Acceleration in energy prices year on year
Year on year, the prices of energy accelerated in April 2023 (+6.8% after +4.9%). The decrease in petroleum product prices was less marked than in the previous month (‑1.3% after ‑7.4%), notably due to a “base effect” (they has fallen sharply in April 2022 with the introduction of the pump discount): diesel prices decreased more slightly (‑3.6% after ‑8.5%) and those of petrol rebounded (+7.9% after ‑3.5%). Prices of electricity accelerated (+11.2% after +11.0%) and those of gas slowed down sharply over a year (+22.9% after +35.6%), due in particular to a “base effect” (they has risen sharply in April 2022) but also to a monthly decline in April 2023.
Acceleration in service prices year on year
Year on year, service prices rose by 3.2% in April 2023, after +2.9% in March. The prices of “other services” accelerated (+3.9% after +3.5%), notably those of services for the maintenance and repair of the dwelling (+6.3% after +6.0%), accommodation services (+6.8% after +1.0%) and catering services (+5.9% after +5.8%). The prices of rents, water and household refuse collection increased at a pace close to that of the previous month (+3.1% after +3.0%). Those of transport services slowed down (+9.6% after +10.9%), notably airfares (+22.6% after +26.8%), transport by railway (+6.7% after +8.5%) and transport by road (+6.5% after +10.7%). Lastly, the decrease in health service prices (‑0.5% after ‑0.1%) and communication service prices (‑1.5% after ‑1.4%) accentuated.
tableauDetailed figures for various groups
| Items | Weight | Index | Percentage change | |
|---|---|---|---|---|
| 2023 | April 2023 | m-on-m change (2) | y-on-y change (3) | |
| a) All households | ||||
| Overall | 10000 | 117.50 | 0.6 | 5.9 |
| Overall SA(1) | 10000 | 117.47 | 0.6 | 6.0 |
| Food | 1624 | 129.93 | 0.6 | 15.0 |
| Fresh food | 238 | 153.16 | -2.9 | 10.6 |
| Other food | 1386 | 126.31 | 1.2 | 15.8 |
| Tobacco | 185 | 170.51 | 1.5 | 9.4 |
| Manufactured products | 2322 | 105.39 | 0.3 | 4.6 |
| Clothing and footwear | 341 | 107.19 | 0.9 | 2.7 |
| Medical products | 384 | 86.01 | -0.2 | -0.5 |
| Other manufactured products | 1597 | 110.04 | 0.3 | 6.2 |
| Energy | 857 | 155.72 | -0.7 | 6.8 |
| of which petroleum products | 432 | 153.86 | -0.6 | -1.3 |
| Services | 5012 | 112.54 | 1.0 | 3.2 |
| Rents, water and household refuse collection | 744 | 107.76 | 0.1 | 3.1 |
| Health services | 639 | 101.70 | 0.0 | -0.5 |
| Transport | 301 | 125.45 | 8.1 | 9.6 |
| Communication | 208 | 99.97 | 0.0 | -1.5 |
| Other services | 3120 | 116.49 | 0.8 | 3.9 |
| Total except rents and tobacco | 9219 | 117.48 | 0.6 | 6.1 |
| Total except tobacco | 9815 | 116.61 | 0.6 | 5.8 |
| b) Urban working-class households or households of employees | ||||
| All products excluding tobacco | 9718 | 115.94 | 0.5 | 5.7 |
| c) Households in the first quintile of the living standards distribution | ||||
| All products excluding tobacco | 9700 | 116.76 | 0.6 | 6.2 |
- (1) seasonally adjusted
- (2) : [m/(m-1)]
- (3) : [m/(m-12)]
- Geographical coverage: France
- Source : INSEE – Consumer Price Indices
Slowdown in manufactured good prices year on year
Year on year, manufactured good prices increased by 4.6% in April 2023, after +4.8% in March. The prices of clothing and footwear slowed down (+2.7% after +2.9%), as did those of “other manufactured goods” (+6.2% after +6.5%). The prices of furniture and furnishings slowed down also (+8.4% after +9.1%), as did those of small electric household appliances (+7.8% after +9.1%), games, toys and hobbies (+1.0% after +2.4%), garden products, plants and flowers (+4.8% after +6.6%) and vehicles (+5.8% after +6.5%). Contrariwise, the prices of major household appliances accelerated (+5.0% after +4.4%), as did those of other appliances, articles and products for personal care (+9.1% after +8.9%) and of glassware, tableware and household utensils (+9.9% after +9.7%). Finally, the decrease in health product prices accentuated slightly (‑0.5% after ‑0.4%).
Slowdown in food prices year on year
Year on year, food prices rose by 15.0% in April 2023, after +15.9% in March. The prices of fresh products slowed down sharply (+10.6% after +17.1%), notably those of fresh vegetables (+12.1% after +29.3%) and fresh fruits (+9.5% after +10.1%). Contrariwise, those of fresh fish increased at a pace comparable to that of the previous month (+10.1% after +10.0%). Excluding fresh products, food prices also increased year on year at a rate close to that of the previous month (+15.8% after +15.7%). The prices of bread and cereals accelerated (+15.8% after +15.4%), as did those of sugar, jam, honey, chocolate and confectionery (+16.3% after +15.5%) and of alcoholic beverages (+8.7% after +8.1%). Conversely, the prices of meat (+14.9% after +15.5%), milk, cheese and eggs (+21.5% after +21.7%) and non-alcoholic beverages (+13.9% after +14.0%) slowed down.
tableauDetailed figures for Core inflation and HICP
| Items | Weight | Index | Percentage change | |
|---|---|---|---|---|
| 2023 | April 2023 | m-on-m change (1) | y-on-y change (2) | |
| Core inflation - All items | 6057 | 114.02 | 0.8 | 6.3 |
| Food excluding fresh products, meat, milk and exotic products | 766 | 122.14 | 1.2 | 14.4 |
| Manufactured products | 1899 | 108.72 | 0.4 | 5.7 |
| Services including actual rentals and services for dwellings | 3392 | 115.49 | 0.8 | 4.7 |
| HICP - All items | 10000 | 120.55 | 0.7 | 6.9 |
- (1) : [m/(m-1)]
- (2) : [m/(m-12)]
- Source: INSEE - Consumer Price Indices
Revisions
Compared to the provisional estimates published on 28 April 2023, the month-on-month and year-on-year changes in CPI and HICP have been confirmed.
For further information
Next publication of final results: 15 June 2023 at 8:45
Documentation
CPI: methodological changes for 2023 (pdf,188 Ko)
Abbreviated Methodology (pdf,131 Ko)
Pour en savoir plus
Next publication of final results: 15 June 2023 at 8:45