Assesses changes in the cost of living by measuring changes in the prices of consumer items. The CPI is the headline inflation figure that indicates the strength of domestic inflationary pressures. Simply put, inflation reflects a decline in the purchasing power of the Euro in France , where each Euro buys fewer goods and services. CPI is the most popular way to measure changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical French household might purchase. An increase in the index indicates that it takes more Euros to purchase this same set of basic consumer items.

Because France is a large member of the European monetary union the value of Euro is sensitive to French CPI. If CPI comes out much higher than expected it may encourage the ECB to raise interest rates which would lead the Euro to appreciate. The opposite may occur when the CPI comes out lower than expected.

Relevance: Tends to move markets on release .
Release Schedule: 6:00 (GMT); Monthly, in the middle of the following month
Revision Schedule: Little or no revisions
Source of Report: National Institute for Statistics and Economic Studies ( France )
Web Address : http://www.insee.fr/en/home/home_page.asp
Address of Release : http://www.insee.fr/en/indicateur/indic_cons/indic_cons.asp
AKA : CPI