Informations rapides
28 February 2020
2020- n° 52
Producer prices in industry were stable in January 2020 Industrial Producer and Import Price Indices - January 2020

In January 2020, producer prices in industry stabilized (after +0.1% in December 2019), as well as for the French market (–0.1% after +0.1%) and for foreign markets (stability after +0.2%). Year on year, they slowed down (+0.3% after +0.7%).

Informations rapides
No 52
Paru le :Paru le28/02/2020
Prochaine parution le : 29/08/2025 at 08:45 - July 2025

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
2019-07 102.5 102.0 102.4 101.4
2019-08 102.6 101.8 102.4 100.8
2019-09 102.7 102.4 102.7 101.6
2019-10 102.5 102.4 102.5 101.5
2019-11 103.9 102.7 103.6 101.7
2019-12 104.0 102.9 103.7 102.0
2020-01 103.9 102.9 103.7 101.5

Total Industry price indices

  • Source: INSEE.

Producer prices in French industry: stability in January 2020

In January 2020, producer prices in industry stabilized (after +0.1% in December 2019), as well as for the French market (–0.1% after +0.1%) and for foreign markets (stability after +0.2%). Year on year, they slowed down (+0.3% after +0.7%).

FRENCH MARKET: –0.1%

French producer prices in industry for the French market remained virtually stable in January 2020 (–0.1% after +0.1%). The slight backlash in manufactured product prices (–0.2% after +0.3%) was offset by the rebound in those of mining and quarrying products, energy and water. Year on year, French producer prices in industry for the French market slowed down in January 2020 (+0.2% after +0.6%).

Rebound in prices of mining and quarrying products, energy and water

In January 2020, the prices of mining and quarrying products, energy and water recovered slightly (+0.4% after –0.7%), driven up by those of waste collection, treatment and recovery services (+2.3% after +0.4%). Electricity, gas, steam and air conditioning producer prices stabilized (+0.1% after –1.0%): those of electricity recovered (+0.7% after –1.7%), especially on the wholesale market, whereas those of gas declined again (–3.2% after –1.1%), following a fall in regulated rates. Year on year, the fall in prices of mining and quarrying products, energy and water strengthened in January 2020 (–1.2% after –0.4%).

Backlash in prices of refined petroleum products

In the wake of oil prices, the prices of refined petroleum products fell back in January 2020 (–1.5% after +2.2%). Year on year, they slowed down (+7.7% after +9.4%).

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
2019-09 121.5
2019-10 117.6
2019-11 117.0
2019-12 119.6
2020-01 117.8

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

  • Source: INSEE.

Backlash in food and beverage prices

In January 2020, food and beverage prices fell back for the first time since March 2019 (–0.3% after +0.4%). The decrease is mainly due to those of prices of meat and meat products (–2.0% after +1.1%), which remained dynamic over one year (+7.9% after +8.6%), in the continuing context of the swine fever crisis. Year on year, food and beverage prices grew by 1.0% in January 2020 (after +1.1%).

Virtual stability in prices of “other industrial products”

In January 2020, the prices of “other industrial products” remained stable (–0.1% after a stability in December). Chemical product prices folded (–0.8% after +0.2%). On the contrary, those of repair and installation services of machinery and equipment rose anew (+0.8% after three months of stability). Year on year, the prices of “other industrial products” kept decreasing since July 2019 (–0.8% after –0.6%).

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
2019-06 101.3 102.8 101.3 101.4
2019-07 101.3 102.6 101.5 101.6
2019-08 101.4 102.6 101.6 101.6
2019-09 101.7 102.5 101.5 101.7
2019-10 101.8 102.3 101.8 102.1
2019-11 101.8 102.0 102.1 102.3
2019-12 101.8 102.0 102.5 102.7
2020-01 102.0 101.9 102.2 102.8

Producer price indices of manufactured products sold on the French market

  • Source: INSEE.

FOREIGN MARKETS: stability in January 2020

In January 2020, the producer prices of French industrial products on foreign markets stabilized (after +0.2%), especially those of manufactured products (+0.1% after +0.3%).

Transport equipment export prices grew by 0.3% (after +0.7%), driven up by those of air and spacecraft and related machinery. Export prices of electrical, electronic, computer and machinery equipments recovered (+0.4% after –0.2%).

On the contrary, export prices of refined petroleum products fell back (–2.1% after +1.1%), in the wake of oil prices, but remained dynamic over one year (+9.2% after +12.1%).

Export prices of food products and beverages stabilized (+0.1% after +0.2%), such as those of “other industrial products” (–0.1% after +0.1%).

Year on year, the producer prices of French industrial products on foreign markets slowed down (+0.5% after +1.1%).

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 January 20 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 103.9 -0.1 0.2
(DE) Mining and quarrying, energy, water 228 108.0 0.4 -1.2
CZ: Manufactured products 772 102.8 -0.2 0.6
   (C1) Food products, beverages, tobacco 194 102.2 -0.3 1.0
   (C2) Coke and refined petroleum products 38 117.8 -1.5 7.7
   (C3) Electrical & electronic equip., computers, mach. 78 102.0 0.2 0.6
   (C4) Transport equipment 100 102.8 0.1 1.9
   (C5) Other manufactured products 362 101.9 -0.1 -0.8
Foreign markets
BE:TOTAL INDUSTRY 1000 102.9 0.0 0.5
CZ: Manufactured products 979 102.8 0.1 1.6
   (C1) Food products, beverages, tobacco 105 102.9 0.1 2.1
   (C2) Coke and refined petroleum products 22 112.6 -2.1 9.2
   (C3) Electrical & electronic equip., computers, mach. 124 101.0 0.4 0.4
   (C4) Transport equipment 295 107.4 0.3 5.1
   (C5) Other manufactured products 433 99.5 -0.1 -1.4
All markets
BE:TOTAL INDUSTRY 1000 103.7 0.0 0.3
CZ: Manufactured products 833 102.9 -0.1 1.0
   (C1) Food products, beverages, tobacco 168 102.3 -0.3 1.2
   (C2) Coke and refined petroleum products 33 116.3 -1.6 8.0
   (C3) Electrical & electronic equip., computers, mach. 92 101.6 0.3 0.5
   (C4) Transport equipment 157 105.3 0.2 3.7
   (C5) Other manufactured products 383 101.2 0.0 -0.9
  • Source: INSEE.

Import price indices of industrial products: –0.5%

In January 2020, the import prices of industrial products folded (–0.5% after +0.3%), driven down by import prices of hydrocarbons and those of manufactured products (–0.2% after +0.1%).

Import prices for coke and refined petroleum products fell back over one month (–4.9% after +2.7%) and slowed down sharply over one year (+4.7% after +11.4%).

The import prices of “other industrial products” stabilized (+0.1% after –0.3%).

On the contrary, import prices of electrical, electronic, computer and machinery equipments grew slightly (+0.2% after a stability), such as those of food products, beverages and tobacco (+0.2% after +0.3%).

Year on year, import prices of industrial products slowed down (+0.3% after +0.9%).

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 January 20 In 1 month In 1 year
BE:TOTAL INDUSTRY 1000 101.5 -0.5 0.3
CZ: Manufactured products s 101.0 -0.2 0.3
   (C1) Food products, beverages, tobacco 74 103.3 0.2 0.1
   (C2) Coke and refined petroleum products 36 113.7 -4.9 4.7
   (C3) Electrical & electronic equip., computers, mach. 226 98.7 0.2 0.1
   (C4) Transport equipment 186 101.7 0.0 1.7
   (C5) Other manufactured products s 100.3 0.1 -0.4
  • s: confidential
  • Source: INSEE.

Revision of variations

In %
Revision of variations (In %)
Oct. 19 / Sept. 19 Nov. 19 / Oct. 19 Dec. 19 / Nov. 19
French producer prices in industry sold on:
   - the French market -0.1 +0.3 +0.1
   - the foreign markets // +0.1 +0.3
   - all markets -0.1 +0.3 +0.1
Import prices of industrial products // // //
  • (1) How to read it: the variation of the producer price index in industry for products sold on the French Market between November 2019 and December 2019 has been revised by +0.1 points: published in January 2020 equal to 0.0%, it has been updated to +0.1%.

For further information

Next publication: 31 March 2020 at 8.45 a.m.

Pour en savoir plus

Next publication: 31 March 2020 at 8.45 a.m.

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