Informations Rapides ·
31 May 2023 · n° 137
In May 2023, consumer prices increased by 5.1% year on year Consumer price index - provisional results - May 2023
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 15 June 2023.
Over a year, the Consumer Price Index (CPI) should rise by 5.1% in May 2023, after +5.9% in the previous month, according to the provisional estimate made at the end of the month. This decrease in inflation should result from a year-on-year slowdown in prices of energy, food, manufactured goods and services. The prices of tobacco should accelerate for the third consecutive month.
Over one month, consumer prices should be almost unchanged (‑0.1%) in May 2023, after +0.6% in April. The decrease in energy prices should accentuate in the wake of petroleum product prices. Food prices should slow down and those of services should decelerate, due to the backlash in transport service prices and the lower increase in “other service” prices. The prices of manufactured goods should be stable between April and May.
Year on year, the Harmonised Index of Consumer Prices should rise by 6.0% in May 2023, after +6.9% in April. Over one month, it should be almost unchanged (‑0.1%), after +0.7% in the previous month.
tableauConsumer Price Indices
| Weight 2023 | May 2022 | April 2023 | May 2023 (p) | |
|---|---|---|---|---|
| CPI - All items* | 10000 | 5.2 | 5.9 | 5.1 |
| Food | 1624 | 4.3 | 15.0 | 14.1 |
| - Fresh food | 238 | 1.8 | 10.6 | 10.4 |
| - Other food products | 1386 | 4.7 | 15.8 | 14.8 |
| Tobacco | 185 | -0.1 | 9.4 | 9.8 |
| Energy | 857 | 27.8 | 6.8 | 2.0 |
| Manufactured products | 2322 | 3.0 | 4.6 | 4.1 |
| Services | 5012 | 3.2 | 3.2 | 3.0 |
| HICP** - All items | 10000 | 5.8 | 6.9 | 6.0 |
- (p) provisional results
- *: Consumer Price Indices **: Harmonised Index of Consumer Prices
- Geographic coverage: France
- Source: INSEE, Consumer Price Indices
tableauVariations in the consumer price index
| 12-month-rate | 1-month-rate | |
|---|---|---|
| 2023-05 | 5.1 | -0.1 |
| 2023-04 | 5.9 | 0.6 |
| 2023-03 | 5.7 | 0.9 |
| 2023-02 | 6.3 | 1.0 |
| 2023-01 | 6.0 | 0.4 |
| 2022-12 | 5.9 | -0.1 |
| 2022-11 | 6.2 | 0.3 |
| 2022-10 | 6.2 | 1.0 |
| 2022-09 | 5.6 | -0.6 |
| 2022-08 | 5.9 | 0.5 |
| 2022-07 | 6.1 | 0.3 |
| 2022-06 | 5.8 | 0.7 |
| 2022-05 | 5.2 | 0.7 |
| 2022-04 | 4.8 | 0.4 |
| 2022-03 | 4.5 | 1.4 |
| 2022-02 | 3.6 | 0.8 |
| 2022-01 | 2.9 | 0.3 |
| 2021-12 | 2.8 | 0.2 |
| 2021-11 | 2.8 | 0.4 |
| 2021-10 | 2.6 | 0.4 |
| 2021-09 | 2.2 | -0.2 |
| 2021-08 | 1.9 | 0.6 |
| 2021-07 | 1.2 | 0.1 |
| 2021-06 | 1.5 | 0.1 |
| 2021-05 | 1.4 | 0.3 |
| 2021-04 | 1.2 | 0.1 |
| 2021-03 | 1.1 | 0.6 |
| 2021-02 | 0.6 | 0.0 |
| 2021-01 | 0.6 | 0.2 |
| 2020-12 | 0.0 | 0.2 |
| 2020-11 | 0.2 | 0.2 |
| 2020-10 | 0.0 | 0.0 |
| 2020-09 | 0.0 | -0.5 |
| 2020-08 | 0.2 | -0.1 |
| 2020-07 | 0.8 | 0.4 |
| 2020-06 | 0.2 | 0.1 |
| 2020-05 | 0.4 | 0.1 |
| 2020-04 | 0.3 | 0.0 |
| 2020-03 | 0.7 | 0.1 |
| 2020-02 | 1.4 | 0.0 |
| 2020-01 | 1.5 | -0.4 |
| 2019-12 | 1.5 | 0.4 |
| 2019-11 | 1.0 | 0.1 |
| 2019-10 | 0.8 | 0.0 |
| 2019-09 | 0.9 | -0.3 |
| 2019-08 | 1.0 | 0.5 |
| 2019-07 | 1.1 | -0.2 |
| 2019-06 | 1.2 | 0.2 |
| 2019-05 | 0.9 | 0.1 |
| 2019-04 | 1.3 | 0.3 |
| 2019-03 | 1.1 | 0.8 |
| 2019-02 | 1.3 | 0.0 |
| 2019-01 | 1.2 | -0.4 |
| 2018-12 | 1.6 | 0.0 |
| 2018-11 | 1.9 | -0.2 |
| 2018-10 | 2.2 | 0.1 |
| 2018-09 | 2.2 | -0.2 |
| 2018-08 | 2.3 | 0.5 |
| 2018-07 | 2.3 | -0.1 |
| 2018-06 | 2.0 | 0.0 |
| 2018-05 | 2.0 | 0.4 |
| 2018-04 | 1.6 | 0.2 |
| 2018-03 | 1.6 | 1.0 |
| 2018-02 | 1.2 | 0.0 |
| 2018-01 | 1.3 | -0.1 |
| 2017-12 | 1.2 | 0.3 |
| 2017-11 | 1.2 | 0.1 |
| 2017-10 | 1.1 | 0.1 |
| 2017-09 | 1.0 | -0.2 |
| 2017-08 | 0.9 | 0.5 |
| 2017-07 | 0.7 | -0.3 |
| 2017-06 | 0.7 | 0.0 |
| 2017-05 | 0.8 | 0.0 |
| 2017-04 | 1.2 | 0.1 |
| 2017-03 | 1.1 | 0.6 |
| 2017-02 | 1.2 | 0.1 |
| 2017-01 | 1.3 | -0.2 |
graphiqueVariations in the consumer price index
- Geographical coverage: France
- Source: INSEE - Consumer Price Indices
For further information
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. The main difference between HICP and CPI is about the health costs: HICP is based on net prices of social security reimbursements and CPI is based on gross prices.
Publication of final results: 15 June 2023 at 8:45 am
Next publication: 30 June 2023 at 8:45 am
Documentation
Abbreviated Methodology (pdf,131 Ko)
CPI: methodological changes for 2023 (pdf,188 Ko)
Pour en savoir plus
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. The main difference between HICP and CPI is about the health costs: HICP is based on net prices of social security reimbursements and CPI is based on gross prices.
Publication of final results: 15 June 2023 at 8:45 am
Next publication: 30 June 2023 at 8:45 am
Time series: Consumer price indices
Time series HICP: Harmonised index of consumer prices - Reference year 2015=100