France’s Harmonised Index of Consumer Prices (HICP) inflation slowed in January, with the year-over-year rate easing to 0.4%, down from 0.7% previously. Both the current and prior readings refer to January 2026, but measure price changes relative to the same month a year earlier.
The data, updated on 18 February 2026, show that inflationary pressures in France, as captured by the HICP, continued to moderate at the start of the year. The current figure indicates that consumer prices are still rising compared with a year ago, but at a weaker pace than in the prior comparison period, signaling a further cooling in price momentum on a harmonised EU basis.
