France CPI: overall excluding tobacco and alcohol
France CPI: overall excluding tobacco and alcohol stood at 103.11 in Sep 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Consumer price index table (Value · Monthly), with a complete series running from Jan 2013 to Sep 2026. The complete series with an interactive chart, free to download.
This indicator in the Consumer price index table
| Indicator | 09-2026 | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Index | |||||||||||
| All households - Overall excluding tobacco and alcohol | 103.11 | 103.39 | 102.7 | 102.12 | 102.4 | 102.27 | 101.19 | 100.19 | 99.56 | 99.95 | |
| All households - Overall excepting food | 103.29 | 103.64 | 102.92 | 102.28 | 102.54 | 102.44 | 101.25 | 100.13 | 99.41 | 99.88 |
Understanding france CPI: overall excluding tobacco and alcohol
Subtracting specific sin taxes and controlled vice items from total consumer expenditures generates this modified macroeconomic gauge. The basket includes every standard household retail acquisition except tobacco products and alcoholic beverages, isolating broader consumer purchasing dynamics from heavily taxed items. This formulation allows analysts to observe underlying retail pricing behavior unperturbed by legislative duty hikes on stimulants and spirits. It diverges from core indices by retaining volatile elements such as fresh food and energy while omitting only the specified exclusion targets.
Reading this indicator requires keeping in mind that the removal of alcohol and tobacco alters the basket's weighting distribution across remaining product divisions. Observers prioritize twelve-month percentage changes to evaluate sustained retail shifts, as period-on-period movements can reflect intermittent promotional cycles in retail channels. Structural reclassifications occasionally modify the index construction, necessitating careful alignment when examining extended historical timelines.
Frequently asked questions
- What specific items are removed from this calculation?
- Tobacco goods and alcoholic beverages are excluded from the aggregate consumption basket.
- How does this measure differ from a standard core inflation index?
- It retains volatile energy and food components, removing only alcohol and tobacco.
- Why track an index excluding just alcohol and tobacco?
- It isolates standard retail trends from frequent excise duty changes imposed on these specific goods.