According to final data published by the National Institute of Statistics and Economic Studies (Insee) at 8:45 a.m., the harmonized consumer price index (HICP) in France stands at 123.6 points in May 2024 (base 100 in 2015). Thus, the harmonized inflation level amounts to +0.1% over one month and +2.6% over one year.
In April, the harmonized consumer price index stood at 123.4 points, representing inflation of +0.6% over one month and +2.4% over one year.
What you need to know about this indicator: like the consumer price index (CPI), the harmonized consumer price index makes it possible to measure inflation, that is to say the average variation between 2 dates in the prices of products consumed by households . Established by the European Union, the HICP makes it possible to compare inflation between each country and to calculate the level of inflation at the European level. The HICP is the subject of 2 monthly publications, one provisional (at the end of the month) and one definitive (around the 13th of the following month).
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