Informations rapides
27 September 2019
2019- n° 256
Producer prices in industry were virtually stable in August 2019 (–0.1%) Industrial Producer and Import Price Indices - August 2019

On all markets (French market and foreign markets), producer prices in industry were virtually stable in August 2019 (–0.1% after +0.3% in July). Prices for the French Market stabilized (after +0.3% in July) whereas those for foreign markets fell back slightly (–0.2% after +0.2% in July). Year on year, the decrease in producer prices in industry strengthened in August 2019 (–0.7% after –0.3%).

Informations rapides
No 256
Paru le :Paru le27/09/2019
Prochaine parution le : 29/08/2025 at 08:45 - July 2025

Producer prices in French industry: –0.1% in August 2019

On all markets (French market and foreign markets), producer prices in industry were virtually stable in August 2019 (–0.1% after +0.3% in July). Prices for the French Market stabilized (after +0.3% in July) whereas those for foreign markets fell back slightly (–0.2% after +0.2% in July). Year on year, the decrease in producer prices in industry strengthened in August 2019 (–0.7% after –0.3%).

Total Industry price indices

Total Industry price indices
PPI for domestic market PPI for foreign markets PPI for all markets Import prices
2015-01 100.0 98.9 99.8 99.4
2015-02 101.0 100.1 100.8 101.0
2015-03 101.1 100.6 101.0 101.6
2015-04 100.8 101.1 100.9 102.2
2015-05 100.4 100.6 100.4 102.5
2015-06 100.5 100.7 100.6 102.0
2015-07 100.3 100.9 100.5 100.8
2015-08 99.2 99.8 99.4 99.3
2015-09 99.2 99.4 99.3 98.6
2015-10 99.4 99.5 99.4 98.1
2015-11 99.5 99.6 99.5 98.2
2015-12 98.4 98.9 98.5 96.5
2016-01 97.3 98.2 97.5 94.7
2016-02 96.9 97.2 96.9 94.1
2016-03 97.1 97.4 97.2 95.0
2016-04 96.5 97.4 96.7 95.0
2016-05 97.0 97.7 97.1 95.9
2016-06 97.4 98.0 97.5 96.4
2016-07 97.5 97.9 97.6 96.4
2016-08 97.4 97.9 97.5 96.2
2016-09 97.7 98.2 97.8 96.5
2016-10 98.4 98.9 98.5 97.5
2016-11 99.0 99.3 99.1 97.5
2016-12 99.8 100.2 99.9 99.1
2017-01 100.7 101.7 100.9 99.7
2017-02 100.5 100.9 100.6 100.0
2017-03 100.0 100.4 100.1 99.7
2017-04 99.7 100.4 99.8 99.6
2017-05 99.1 100.1 99.3 98.8
2017-06 98.8 99.4 99.0 97.9
2017-07 98.9 99.2 98.9 97.6
2017-08 99.4 99.1 99.3 98.2
2017-09 99.8 99.6 99.7 99.0
2017-10 100.0 100.2 100.1 99.4
2017-11 101.7 101.1 101.5 100.2
2017-12 102.0 100.9 101.7 100.2
2018-01 102.0 100.3 101.5 100.4
2018-02 102.0 100.6 101.7 99.9
2018-03 102.2 100.7 101.8 100.1
2018-04 101.4 100.6 101.2 100.6
2018-05 102.1 101.3 101.8 102.0
2018-06 102.1 102.0 102.1 102.4
2018-07 102.7 102.2 102.6 102.7
2018-08 103.1 102.3 102.9 102.8
2018-09 103.6 102.5 103.3 103.6
2018-10 103.9 103.0 103.7 104.6
2018-11 104.4 102.5 103.9 102.8
2018-12 103.4 101.8 103.0 101.1
2019-01 103.7 102.4 103.4 101.2
2019-02 104.2 101.9 103.5 101.9
2019-03 104.1 101.9 103.5 102.0
2019-04 103.2 102.5 103.1 102.6
2019-05 102.7 102.2 102.6 102.6
2019-06 102.1 101.7 102.0 101.3
2019-07 102.4 101.9 102.3 101.4
2019-08 102.4 101.7 102.2 100.8

Total Industry price indices

  • Source: INSEE.

FRENCH MARKET: stability in August 2019

In August 2019, French producer prices in industry for the French market stabilized (after +0.3%). The backlash in manufactured product prices (–0.4% after +0.2%) was offset by the rise in those of mining and quarrying products, energy and water (+1.0% after +0.9%). Year on year, French producer prices in industry for the French market got worse in August 2019 (–0.7% after –0.3%).

New rise in prices of mining and quarrying products, energy and water

The prices of mining and quarrying products, energy and water increased by 1.0% in August 2019 (after +0.9%). Electricity production and trade prices grew by 2.5% (after +4.2%), following a new rise in regulated rates, partly offset by the decrease on the wholesale market. On the contrary, the prices of waste collection, treatment and disposal services and materials recovery services kept declining (–0.5% after –1.5% in July). Year on year, the prices of mining and quarrying products, energy and water were stable in August 2019 (after –0.2%).

Backlash in prices of refined petroleum products

In the wake of oil prices, the prices of refined petroleum products fell back in August 2019 (–5.4% after +4.1%). Year on year, they kept declining (–13.1% after –6.9%).

Producer price indices of coke and refined petroleum products sold on the French market

Producer price indices of coke and refined petroleum products sold on the French market
Producer price indices of coke and refined petroleum products sold on the French market
2015-01 91.2
2015-02 106.6
2015-03 110.2
2015-04 113.8
2015-05 117.9
2015-06 115.6
2015-07 107.6
2015-08 92.8
2015-09 91.3
2015-10 89.1
2015-11 89.4
2015-12 74.5
2016-01 65.9
2016-02 65.6
2016-03 75.5
2016-04 78.5
2016-05 88.1
2016-06 91.9
2016-07 85.3
2016-08 85.2
2016-09 87.6
2016-10 97.0
2016-11 91.7
2016-12 105.7
2017-01 107.1
2017-02 108.1
2017-03 101.4
2017-04 104.7
2017-05 97.1
2017-06 89.7
2017-07 92.1
2017-08 95.1
2017-09 101.8
2017-10 103.2
2017-11 111.1
2017-12 110.9
2018-01 116.1
2018-02 109.2
2018-03 111.3
2018-04 121.8
2018-05 132.1
2018-06 130.2
2018-07 131.4
2018-08 133.2
2018-09 136.5
2018-10 142.7
2018-11 125.8
2018-12 109.3
2019-01 109.4
2019-02 118.8
2019-03 123.3
2019-04 130.7
2019-05 131.3
2019-06 117.5
2019-07 122.3
2019-08 115.7

Producer price indices of coke and refined petroleum products sold on the French market

  • Source: INSEE.

Virtual stability in prices of “other industrial products”

The prices of “other industrial products” were almost stable in August 2019 (+0.1% after –0.2%). Chemical product prices stabilized after two successive declines (–1.1% in July and –1.6% in June). Basic metal product prices recovered slightly (+0.3% after –0.7%) following the rise in non-ferrous metal prices. Year on year, the prices of “other industrial products” fell by 0.3% in August 2019, as in July.

Virtual stability in food and beverage prices

In August 2019, food and beverage prices remained almost stable (–0.1% after +0.1%). Prices of meat and meat products kept growing for the sixth consecutive month (+0.7% after +0.9%), mainly owing to pork market persistent tightening, while dairy prices fell back sharply (–1.0% after +0.2%). Year on year, food and beverage prices remained dynamic in August 2019 (+0.8% after +1.1%).

Producer price indices of manufactured products sold on the French market

Producer price indices of manufactured products sold on the French market
C3 C5 C1 C4
2015-01 100.2 100.0 99.8 99.9
2015-02 100.2 99.9 99.9 99.9
2015-03 100.2 100.2 99.8 99.9
2015-04 100.2 100.6 99.9 99.9
2015-05 100.0 100.8 99.9 99.9
2015-06 100.0 100.8 99.9 99.8
2015-07 100.0 100.8 100.2 99.8
2015-08 99.6 100.2 100.5 100.0
2015-09 99.7 99.6 100.3 100.1
2015-10 100.0 99.2 100.2 100.3
2015-11 100.0 99.0 99.9 100.4
2015-12 99.9 98.8 99.7 100.1
2016-01 99.7 98.4 99.3 100.2
2016-02 99.5 98.1 99.1 100.1
2016-03 99.7 97.9 98.6 100.1
2016-04 99.6 98.0 98.5 100.1
2016-05 99.6 98.3 98.4 100.1
2016-06 99.9 98.6 98.5 100.0
2016-07 99.6 98.6 98.9 100.0
2016-08 99.7 98.5 98.8 99.9
2016-09 99.7 98.5 98.8 99.9
2016-10 99.6 98.7 99.1 100.0
2016-11 99.5 98.8 99.2 100.0
2016-12 99.4 99.0 99.2 100.1
2017-01 100.1 99.6 99.2 100.1
2017-02 99.9 100.1 99.6 100.1
2017-03 100.0 100.4 99.8 100.1
2017-04 99.9 100.7 100.1 100.2
2017-05 99.8 100.8 100.1 100.3
2017-06 99.9 100.7 100.4 100.3
2017-07 99.8 100.4 100.4 100.3
2017-08 99.7 100.5 100.6 100.4
2017-09 99.7 100.7 100.5 100.4
2017-10 99.8 101.0 100.4 100.4
2017-11 100.0 100.9 100.3 100.6
2017-12 100.1 101.1 100.4 100.6
2018-01 100.7 101.6 100.0 100.5
2018-02 100.3 101.9 100.1 100.5
2018-03 100.5 102.1 100.4 100.6
2018-04 100.6 102.2 100.1 100.6
2018-05 100.8 102.7 100.2 100.5
2018-06 100.9 102.8 100.1 100.6
2018-07 100.7 102.9 100.4 100.6
2018-08 100.9 103.0 100.6 100.6
2018-09 100.9 103.1 100.7 100.5
2018-10 100.8 103.0 100.7 100.7
2018-11 101.0 102.9 101.1 100.9
2018-12 101.0 102.6 101.4 101.0
2019-01 101.4 102.7 101.2 100.9
2019-02 101.3 102.8 101.2 101.0
2019-03 101.3 103.0 100.9 101.1
2019-04 101.5 103.1 101.0 101.2
2019-05 101.3 103.1 101.1 101.3
2019-06 101.4 102.8 101.4 101.4
2019-07 101.4 102.6 101.5 101.4
2019-08 101.3 102.7 101.4 101.6

Producer price indices of manufactured products sold on the French market

  • Source: INSEE.

FOREIGN MARKETS: –0.2%

The producer prices of French industrial products on foreign markets fell back slightly in August 2019 (–0.2% after +0.2%). They were driven down by the fall in electricity prices, while those of manufactured products remained almost stable (–0.1% as in July). Export prices of refined petroleum products folded over one month (–4.6% after +3.0%) in the wake of oil prices. They continued to decline year over year (–12.4% after –7.3%). The export prices of “other industrial products” fell by 0.2% (after –0.5%), mainly those of chemical products (–0.7% after –0.6%) and basic metals (–0.6% after –2.2%). Export prices of food and beverages recovered (+0.4% after –0.5%). Year on year the producer prices of French industrial products on foreign markets continued to fall in August 2019 (–0.6% after –0.3%).

French Producer Price Indices in industry according to the market where the products are sold

reference year: 2015
French Producer Price Indices in industry according to the market where the products are sold (reference year: 2015)
Change in %
Levels A 10 and A 17 in CPF rev. 2 Weight August 19 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 102.4 0.0 -0.7
(DE) Mining and quarrying, energy, water 221 101.7 1.0 0.0
CZ: Manufactured products 779 102.6 -0.4 -0.9
   (C1) Food products, beverages, tobacco 199 101.4 -0.1 0.8
   (C2) Coke and refined petroleum products 42 115.7 -5.4 -13.1
   (C3) Electrical & electronic equip., computers, mach. 74 101.3 -0.1 0.4
   (C4) Transport equipment 91 101.6 0.2 1.0
   (C5) Other manufactured products 373 102.7 0.1 -0.3
Foreign markets
BE:TOTAL INDUSTRY 1000 101.7 -0.2 -0.6
CZ: Manufactured products 981 101.7 -0.1 0.1
   (C1) Food products, beverages, tobacco 104 101.6 0.4 1.9
   (C2) Coke and refined petroleum products 28 111.4 -4.6 -12.4
   (C3) Electrical & electronic equip., computers, mach. 137 100.6 0.0 0.9
   (C4) Transport equipment 297 104.0 0.5 2.7
   (C5) Other manufactured products 415 100.1 -0.2 -0.8
All markets
BE:TOTAL INDUSTRY 1000 102.2 -0.1 -0.7
CZ: Manufactured products 839 102.4 -0.2 -0.5
   (C1) Food products, beverages, tobacco 171 101.4 0.0 0.9
   (C2) Coke and refined petroleum products 38 114.3 -5.3 -13.0
   (C3) Electrical & electronic equip., computers, mach. 93 101.0 0.0 0.6
   (C4) Transport equipment 152 102.8 0.4 1.9
   (C5) Other manufactured products 385 101.9 0.0 -0.5
  • Source: INSEE.

Import price indices of industrial products: –0.6% in August 2019

In August 2019, the import prices of industrial products fell by 0.6% (after +0.1%), owing to the combined falls in import prices of manufactured products (–0.2% after +0.2%) and hydrocarbons. In the wake of oil prices, import prices for coke and refined petroleum products fell back (–3.9% after +3.3%). Import prices of transport equipment fell by 0.3% (after +0.5%), mainly those of motor vehicles (–0.7% after +0.5%). The import prices of “other industrial products” were almost stable over a month (–0.1% after a stability) and fell by 0.5% year over year (after –0.2%). Year over year, the decline in import prices of industrial products intensified in August 2019 (–1.9% after –1.3% in July and –1.1% in June).

Import prices of industrial products

reference year: 2015
Import prices of industrial products (reference year: 2015)
Change in %
Levels A 10 and A 17 in CPF rev. 2 Weight August 19 In 1 month In 1 year
BE:TOTAL INDUSTRY 1000 100.8 -0.6 -1.9
CZ: Manufactured products s 100.9 -0.2 -0.7
   (C1) Food products, beverages, tobacco 76 103.1 -0.1 -0.6
   (C2) Coke and refined petroleum products 38 111.2 -3.9 -13.1
   (C3) Electrical & electronic equip., computers, mach. 220 98.3 0.0 -0.1
   (C4) Transport equipment 184 101.1 -0.3 1.5
   (C5) Other manufactured products s 100.6 -0.1 -0.5
  • s: confidential
  • Source: INSEE.

Revision of variations

In %
Revision of variations (In %)
May 19 / Apr. 19 June 19 / May 19 July 19 / June 19
French producer prices in industry sold on:
   - the French market -0.2 // -0.1
   - the foreign markets // // -0.2
   - all markets -0.1 // -0.2
Import prices of industrial products // +0.1 -0.1
  • (1) How to read it: the variation of the producer price index in industry for products sold on the French Market between June 2019 and July 2019 has been revised by -0.1 points: published in August 2019 equal to +0.4%, it has been updated to +0.3%.

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Next publication: 25 October 2019 at 8.45 a.m.

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