Inflation still on the rise, this is what INSEE said in its monthly report on the Consumer Price Index (ICP). Between January 2022 and January 2023, the costs of living have therefore increased in general across France, by 6%. Between December and January, the increase increased by 0.4%.
Consumer prices are still rising at the national level. In January, the consumer price index (ICP) increased by 0.4% according to the INSEE monthly report.
In question: the rebound in energy prices which reached +3.9% whereas they had fallen by 3.6% in December 2022. Same trend for the prices of petroleum products which increased by 6, 7% following falling 5.2% last December. These increases are obviously linked to the end of fuel discounts and the rise, although partly controlled, in gas prices.
Regarding food, prices continue to climb and are even accelerating. Services are slowing down.
Finally, the sales have had an impact on the prices of manufactured goods. They are back in negative territory, -1.1% whereas they had increased very slightly in December: +0.2%.
These prices are studied using the Consumer Price Index, the instrument for measuring inflation.
Since January 2022, the CPI has increased by 6%. This once more reflects an acceleration of 13.3% following 12.1% between December 2022 and December 2021 in food prices according to INSEE. The same is true at the national level for energy, which increased by 16.3% between January 2022 and January 2023 once morest 15.1% between December 2022 and December 2021.
Manufactured goods and services stagnated or even eased slightly in one year.
energy prices
As explained above, the increase in energy prices therefore accelerated in one year. On closer inspection, petroleum products are up from 14.3 to 16.3%. Diesel increases from 15.6% to 17.5% when the increase in gasoline, estimated at 3% last year, peaks at +9.3% in January 2023.
For gas, the overall increase is even greater: 29.3% in January 2022, 38.2% in January 2023.
Conversely, the rise in electricity declines, as do fuels, whether liquid or solid.
food prices
Like energy, the food sector has also seen an increase over the past year.
On the fresh produce side, fruit and fish are still increasing by an additional 1 to 2%, while the increase in fresh vegetables is attenuating.
Apart from fresh products, bread and cereals rose from +12.1% to 13.4%. Dairy products and eggs also increase by another 3%. Meat, sugar, jam or honey follow the same phenomenon.
Inflation slows for manufactured goods and services
On the one hand, the rise in clothing and footwear prices slowed to increase by only 2.4% between January 2022 and January 2023 once morest 2.6% between December 2022 and December 2021. year have a responsibility for mitigating the increase according to INSEE.
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On the other hand, the increase is intensifying for glassware, crockery or household equipment.
Slowdown in service prices
The rise in service prices is easing overall. This is the case for accommodation which increased half as much in one year in January 2.4% once morest 5.6% between December 2022 and December 2021.
The phenomenon is the opposite for catering, air transport or even road transport. For the latter, the increase goes from +4.7% to +10.1% according to INSEE.
