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Is the rise in French inflation temporary?
[La hausse de l’inflation en France est-elle temporaire ?]

Author

Listed:
  • Yannick Kalantzis
  • Youssef Ulgazi

Abstract

The recent rise in French inflation is temporary in nature but could last for a few more quarters. It is linked to a normalisation of prices after the lows seen in 2020, and to the increase in industrial goods and energy prices. After reaching a peak on the back of these temporary effects, inflation should come back to below the 2% mark over the course of 2022. La hausse récente de l'inflation en France est de nature temporaire mais peut encore durer plusieurs trimestres. Elle est liée à une normalisation après le creux de 2020 et à l’augmentation des prix industriels et de l’énergie. Après un point haut lié à ces effets temporaires, l’inflation reviendrait en dessous de 2% dans le courant de 2022.

Suggested Citation

Handle: RePEc:bfr:econot:232
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File URL: https://www.banque-france.fr/fr/publications-et-statistiques/publications/la-hausse-de-l-inflation-en-france-est-elle-temporaire
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