is in a period of intense volcanic activity since 1998. To constrain the magma dynamics responsible for this activity, we combined GPS ground deformation monitoring interpreted through numerical modelling and geochemistry. Two cycles of continuous volcano inflation are evidenced for the May 2004-December 2005 period, with a rest from March to October 2005. These inflations are consistent with two cycles of compatible major element enrichment in the emitted lavas. Numerical models indicate that the pressurization of a single magma reservoir may be responsible for the observed pre-eruptive inflations of the volcano. The reservoir, located at 2300 m depth, has a radius of ∼ 500 m. At the beginning of each cycle, dykes propagate from the roof of the reservoir and yield eruptions of differentiated basalt near the summit. At the end of the cycle, dykes propagate from the eastern sidewall of the reservoir and yield distal eruptions of primitive magmas away from the summit. The volumes of magma emitted during the primitive eruptions seem too large to explain the surface deformations and therefore suggest some refill of the reservoir by deeper magmas. Our results may be used to predict the location and lava volume of future eruptions at Piton de La Fournaise volcano, depending on the timing of these eruptions within a cycle of volcanic activity.