French HICP Inflation Cools to 2.0% in June, Down from 2.8% in May

France’s Harmonised Index of Consumer Prices (HICP) slowed markedly in June 2026, with year-over-year inflation easing to 2.0%, down from 2.8% in May. The latest data, updated on 30 June 2026, indicate that price pressures in the French economy are continuing to moderate.

Both the current and previous readings compare each month’s price level to the same month a year earlier, confirming that the disinflation trend has gathered pace as annual inflation moved closer to levels more consistent with medium-term stability. The June slowdown follows May’s 2.8% year-over-year rate, suggesting that underlying consumer price growth in France is losing momentum as mid-2026 unfolds.