Informations rapides
30 July 2020
2020- n° 196
The producer prices in French industry recovered in June 2020 (+0.6%) Industrial Producer and Import Price Indices - June 2020

The producer prices in French industry recovered in June 2020, for the first time since November 2019 (+0.6% after –0.1% in May). Those for the French market grew by 0.7% (after a stability) and those for the foreign markets rallied (+0.4% after –0.3%). Year on year, the producer prices in French industry kept nevertheless declining (–2.3% after –3.4%).

Informations rapides
No 196
Paru le :Paru le30/07/2020
Prochaine parution le : 29/08/2025 at 08:45 - July 2025
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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
2019-11 103.9 102.7 103.6 101.6
2019-12 104.0 102.9 103.7 101.9
2020-01 103.8 102.8 103.6 101.5
2020-02 103.1 102.5 103.0 100.6
2020-03 101.5 101.2 101.5 97.2
2020-04 98.6 100.3 99.2 95.0
2020-05 98.6 100.0 99.1 95.2
2020-06 99.3 100.4 99.7 96.6

Total Industry price indices

  • Source: INSEE.

Producer prices in French industry: +0.6%

The producer prices in French industry recovered in June 2020, for the first time since November 2019 (+0.6% after –0.1% in May). Those for the French market grew by 0.7% (after a stability) and those for the foreign markets rallied (+0.4% after –0.3%). Year on year, the producer prices in French industry kept nevertheless declining (–2.3% after –3.4%).

FRENCH MARKET: +0.7%

The French producer prices in industry for the French market grew anew in June 2020 (+0.7% after a stability in May), driven up by manufactured product prices (+0.9% after +0.3%) and, to a lesser extent, by those of mining and quarrying products, energy and water. Year on year, the decline in French producer prices in industry for the French market reduced in June 2020 (–2.7% after–4.0%).

New rise in refined petroleum product prices

In the wake of oil prices, the prices of refined petroleum products grew strongly in June 2020 (+27.4% after +22.8%), reaching approximatively their March 2020 level. Year on year, they remained below (–38.2% after –56.6%).

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
2020-02 107.7
2020-03 70.0
2020-04 46.4
2020-05 57.0
2020-06 72.6

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

  • Source: INSEE.

Slight rebound in prices of the “other industrial products”

The prices of the “other industrial products” recovered by 0.2% in June 2020 (after –0.2%). They were mainly driven up by those of chemical products (+2.8% after –1.8%), which followed with delay the petroleum product price rise. Year on year, the prices of the “other industrial products” decreased by 2.1% in June 2020 (after –2.6%).

New fall in food and beverage prices

In June 2020, the food and beverage prices fell by 0.2%, like in May, mainly due to general public product promotions in order to boost activity. Year on year, the food and beverage prices slowed down in June 2020 (+0.3% after +0.7%).

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
2019-12 101.8 101.9 102.5 102.7
2020-01 102.0 101.8 102.2 102.8
2020-02 102.3 101.6 102.2 102.9
2020-03 102.0 101.1 102.3 102.9
2020-04 101.9 100.6 102.0 103.0
2020-05 102.0 100.4 101.8 103.1
2020-06 102.0 100.6 101.6 103.3

Producer price indices of manufactured products sold on the French market

  • Source: INSEE.

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

In June 2020, the prices of mining and quarrying products, energy and water recovered (+0.4% after –1.2%). The prices of electricity production and trade grew by 1.5% (after –2.0% in May and –4.2% in April), owing to an increased demand with the activity upturn in June and a reduced supply due to lower availability of nuclear power park. On the contrary, the price of gas through mains kept decreasing (–3.3% after –3.8%), following a new decrease in regulated tariffs and an abundant supply. Year on year, the prices of mining and quarrying products, energy and water decreased by 2.2% in June 2020 (after –2.6%).

FOREIGN MARKETS: +0.4%

In June 2020, the producer prices of French industrial products for foreign markets recovered (+0.4% after –0.3%), driven up by those of electricity, whereas those of manufactured products stabilized (after –0.2%).

In the wake of oil prices, the export prices of refined petroleum products sped up over a month (+18.2% after +14.4%) but remained in sharp decline over a year (–46.1% after –58.2%). The export prices of the “other industrial products” recovered (+0.4% after –0.8%), mainly due to the rise in chemical product prices (+2.2% after –3.1%).

On the contrary, the export prices of transport equipment declined by 0.9% (after –0.1%), mainly those of air and spacecraft and related machinery, due in particular to the depreciation of the dollar against the euro. The export prices of food products and beverages kept declining (–0.8% after –0.7%), especially those of dairy products and cheese (–2.4% after +0.3%).

Year on year, the producer prices of French industrial products for foreign markets kept declining in June 2020 but at a more reduced pace (–1.3% after –2.2%).

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 June 20 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 99.3 0.7 -2.7
(DE) Mining and quarrying, energy, water 232 97.6 0.4 -2.2
CZ: Manufactured products 768 100.0 0.9 -2.7
   (C1) Food products, beverages, tobacco 205 101.6 -0.2 0.3
   (C2) Coke and refined petroleum products 37 72.6 27.4 -38.2
   (C3) Electrical & electronic equip., computers, mach. 74 102.0 0.0 0.7
   (C4) Transport equipment 99 103.3 0.2 1.9
   (C5) Other manufactured products 353 100.6 0.2 -2.1
Foreign markets
BE:TOTAL INDUSTRY 1000 100.4 0.4 -1.3
CZ: Manufactured products 980 100.6 0.0 -1.3
   (C1) Food products, beverages, tobacco 86 102.4 -0.8 0.7
   (C2) Coke and refined petroleum products 25 61.0 18.2 -46.1
   (C3) Electrical & electronic equip., computers, mach. 132 100.8 -0.1 0.3
   (C4) Transport equipment 297 107.2 -0.9 3.9
   (C5) Other manufactured products 440 97.8 0.4 -3.1
All markets
BE:TOTAL INDUSTRY 1000 99.7 0.6 -2.3
CZ: Manufactured products 833 100.2 0.5 -2.2
   (C1) Food products, beverages, tobacco 168 101.8 -0.2 0.4
   (C2) Coke and refined petroleum products 33 69.7 25.4 -40.0
   (C3) Electrical & electronic equip., computers, mach. 92 101.4 -0.1 0.4
   (C4) Transport equipment 160 105.4 -0.5 3.1
   (C5) Other manufactured products 380 99.7 0.3 -2.4
  • Source: INSEE.

Import price indices of industrial products: +1.5%

In June 2020, the import prices of industrial products sped up (+1.5% after +0.2% in May), driven up by the strong rise in unrefined hydrocarbon prices and, to a lesser extent, by those of manufactured products (+0.5% after –0.2%).

The import prices for coke and refined petroleum products grew by 26.8% (after +0.2%) but remained below their March 2020 level. They declined by 39.1% over a year.

The import prices of electrical, electronic, computer and machinery equipments decreased slightly (–0.3% after +0.1%). On the contrary, those of food, beverages and tobacco recovered (+0.5% after –0.2%). Finally, the import prices of “other industrial products” stabilized (–0.1% after –0.6% in May and April).

Year on year, the import prices of industrial products fell strongly in June 2020 (–4.6% after –7.2%).

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 June 20 In 1 month In 1 year
BE:TOTAL INDUSTRY 1000 96.6 1.5 -4.6
CZ: Manufactured products s 98.6 0.5 -2.3
   (C1) Food products, beverages, tobacco 75 102.5 0.5 -0.8
   (C2) Coke and refined petroleum products 36 68.2 26.8 -39.1
   (C3) Electrical & electronic equip., computers, mach. 226 98.4 -0.3 -0.1
   (C4) Transport equipment 188 102.2 0.3 1.3
   (C5) Other manufactured products s 98.8 -0.1 -1.9
  • s: confidential
  • Source: INSEE.

Revision of variations

In %
Revision of variations (In %)
Mar. 20 / Feb. 20 Apr. 20 / Mar. 20 May 20 / Apr. 20
French producer prices in industry sold on:
   - the French market // // +0.1
   - the foreign markets // // //
   - all markets // // +0.1
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 April 2020 and May 2020 has been revised by +0.1 points: published in June 2020 equal to -0.1%, it has been updated to 0.0%.

For further information

Next publication: 28 August 2020 at 8.45 a.m.

Documentation

Producer and Import Price Index in Industry

Aggregated classification - NA, 2008

French classification of products - CPF Rev. 2.1, 2015

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Next publication: 28 August 2020 at 8.45 a.m.

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