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Informations Rapides · 29 January 2021 · n° 027
Informations rapidesIn December 2020, industrial producer prices rose by 0.8% Industrial Producer and Import Price Indices - December 2020

The industrial producer prices rose by 0.8% in December 2020, after +1.2% in the previous month. The prices for the home market slowed down (+0.8% after +1.7%) while those for the foreign markets picked up (+0.7% after +0.1%). Year on year, the industrial producer prices decreased by 1.3% in December 2020 (after –1.9% in the previous month).

Informations rapides
No 027
Paru le :Paru le29/01/2021
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 all markets PPI for home market PPI for foreign markets Import prices
2015-01 99.8 100.0 98.9 99.4
2015-02 100.8 101.0 100.1 101.0
2015-03 101.0 101.1 100.6 101.6
2015-04 100.9 100.8 101.1 102.2
2015-05 100.4 100.4 100.6 102.5
2015-06 100.6 100.5 100.7 102.0
2015-07 100.5 100.3 100.9 100.8
2015-08 99.4 99.2 99.8 99.3
2015-09 99.3 99.2 99.4 98.6
2015-10 99.4 99.4 99.5 98.1
2015-11 99.5 99.5 99.6 98.2
2015-12 98.5 98.4 98.9 96.5
2016-01 97.5 97.3 98.2 94.7
2016-02 96.9 96.9 97.2 94.1
2016-03 97.2 97.1 97.4 95.0
2016-04 96.7 96.5 97.4 95.0
2016-05 97.1 97.0 97.7 95.9
2016-06 97.5 97.4 98.0 96.4
2016-07 97.6 97.5 97.9 96.4
2016-08 97.5 97.4 97.9 96.2
2016-09 97.8 97.7 98.2 96.5
2016-10 98.5 98.4 98.9 97.5
2016-11 99.1 99.0 99.3 97.5
2016-12 99.9 99.8 100.2 99.1
2017-01 100.9 100.7 101.7 99.7
2017-02 100.6 100.5 100.9 100.0
2017-03 100.1 100.0 100.4 99.7
2017-04 99.8 99.7 100.4 99.6
2017-05 99.3 99.1 100.1 98.8
2017-06 99.0 98.8 99.4 97.9
2017-07 98.9 98.9 99.2 97.6
2017-08 99.3 99.4 99.1 98.2
2017-09 99.7 99.8 99.6 99.0
2017-10 100.1 100.0 100.2 99.4
2017-11 101.5 101.7 101.1 100.2
2017-12 101.7 102.0 100.9 100.2
2018-01 101.5 102.0 100.3 100.4
2018-02 101.7 102.0 100.6 99.9
2018-03 101.8 102.2 100.7 100.1
2018-04 101.2 101.4 100.6 100.6
2018-05 101.8 102.1 101.3 102.0
2018-06 102.1 102.1 102.0 102.4
2018-07 102.6 102.7 102.2 102.7
2018-08 102.9 103.1 102.3 102.8
2018-09 103.3 103.6 102.5 103.6
2018-10 103.7 103.9 103.0 104.6
2018-11 103.9 104.4 102.5 102.8
2018-12 103.0 103.4 101.8 101.1
2019-01 103.4 103.7 102.4 101.2
2019-02 103.5 104.2 101.9 101.9
2019-03 103.5 104.1 101.9 102.0
2019-04 103.1 103.2 102.5 102.6
2019-05 102.6 102.7 102.2 102.6
2019-06 102.0 102.1 101.7 101.3
2019-07 102.4 102.5 102.0 101.4
2019-08 102.4 102.6 101.8 100.8
2019-09 102.7 102.7 102.4 101.6
2019-10 102.5 102.5 102.4 101.5
2019-11 103.6 103.9 102.7 101.6
2019-12 103.7 104.0 102.9 101.9
2020-01 103.6 103.8 102.8 101.5
2020-02 103.0 103.1 102.5 100.6
2020-03 101.5 101.5 101.2 97.2
2020-04 99.3 98.7 100.3 95.0
2020-05 99.2 98.7 100.0 95.2
2020-06 99.8 99.5 100.3 96.7
2020-07 100.2 99.9 100.7 97.3
2020-08 100.1 100.0 100.2 97.3
2020-09 100.5 100.3 100.8 97.1
2020-10 100.4 100.3 100.4 97.3
2020-11 101.6 102.0 100.5 97.7
2020-12 102.4 102.8 101.2 98.6

Total Industry price indices

  • Source: INSEE.

Producer prices in French industry: +0.8%

The industrial producer prices rose by 0.8% in December 2020, after +1.2% in the previous month. The prices for the home market slowed down (+0.8% after +1.7%) while those for the foreign markets picked up (+0.7% after +0.1%). Year on year, the industrial producer prices decreased by 1.3% in December 2020 (after –1.9% in the previous month).

HOME MARKET: +0.8%

The industrial producer prices for the home market increased by 0.8% in December 2020 (after +1.7%): the manufactured product prices sped up (+0.8% after +0.1%) while those of mining and quarrying products, energy and water slowed down. Year on year, the industrial producer prices for the home market declined by 1.2% in December 2020 (after –1.8% in the previous month).

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

In December 2020, the prices of mining and quarrying products, energy and water increased by 1.2% (after +6.5%): the prices of electricity production and trade decelerated (+1.4% after +2.0%), as did those of trade services of gas through mains (+2.7% after +4.8%). Year on year, the prices of mining and quarrying products, energy and water recovered in December 2020 (+1.3% after –0.6%).

Acceleration in refined petroleum product prices

In the wake of crude oil prices, the prices of refined petroleum products sped up in December 2020 over a month (+12.9% after +2.8%). Over a year, they fell by 31.2% (after –37.7%).

French Producer Price Indices of coke and refined petroleum products sold on the home market

French Producer Price Indices of coke and refined petroleum products sold on the home 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 72.5
2020-07 78.9
2020-08 76.5
2020-09 70.8
2020-10 70.9
2020-11 72.9
2020-12 82.3

French Producer Price Indices of coke and refined petroleum products sold on the home market

  • Source: INSEE.

Rise in prices of the “other industrial products”

The prices of the “other industrial products” rose by 0.4% after remaining virtually stable since July 2020, driven up by those of chemicals and chemical products (+1.7% after –0.1%). Those of basic metals slowed down slightly (+0.8% after +1.0%). Year on year, the prices of the “other industrial products” decreased by 0.7% in December 2020 (after –1.2% in the previous month).

Increase in food and beverage prices

In December 2020, the food and beverage prices grew by +0.4% (after +0.1% in the previous month), driven up notably by those of preserved meat and meat products (+1.0% after –0.6%). The food and beverage prices remained nevertheless below its December 2019 level (–0.3% over a year, similar to the previous month).

Rise in transport equipment prices

In December 2020, the prices of transport equipment rose by 0.4%, as in the previous month, driven up by those of motor vehicles (+0.7% after +0.8%). Year on year, they remained dynamic (+2.5% as in the previous month).

Virtual stability in the prices of electrical, computer and electronic equipment and machinery

The prices of electrical, computer and electronic equipment and machinery were virtually stable in December 2020 (+0.1% after –0.2%) over a month and rose by 0.3% over a year (after +0.2%).

French Producer Price Indices of manufactured products sold on the home market

French Producer Price Indices of manufactured products sold on the home market
C1 C3 C4 C5
2015-01 99.8 100.2 99.9 100.0
2015-02 99.9 100.2 99.9 99.9
2015-03 99.8 100.2 99.9 100.2
2015-04 99.9 100.2 99.9 100.6
2015-05 99.9 100.0 99.9 100.8
2015-06 99.9 100.0 99.8 100.8
2015-07 100.2 100.0 99.8 100.8
2015-08 100.5 99.6 100.0 100.2
2015-09 100.3 99.7 100.1 99.6
2015-10 100.2 100.0 100.3 99.2
2015-11 99.9 100.0 100.4 99.0
2015-12 99.7 99.9 100.1 98.8
2016-01 99.3 99.7 100.2 98.4
2016-02 99.1 99.5 100.1 98.1
2016-03 98.6 99.7 100.1 97.9
2016-04 98.5 99.6 100.1 98.0
2016-05 98.4 99.6 100.1 98.3
2016-06 98.5 99.9 100.0 98.6
2016-07 98.9 99.6 100.0 98.6
2016-08 98.8 99.7 99.9 98.5
2016-09 98.8 99.7 99.9 98.5
2016-10 99.1 99.6 100.0 98.7
2016-11 99.2 99.5 100.0 98.8
2016-12 99.2 99.4 100.1 99.0
2017-01 99.2 100.1 100.1 99.6
2017-02 99.6 99.9 100.1 100.1
2017-03 99.8 100.0 100.1 100.4
2017-04 100.1 99.9 100.2 100.7
2017-05 100.1 99.8 100.3 100.8
2017-06 100.4 99.9 100.3 100.7
2017-07 100.4 99.8 100.3 100.4
2017-08 100.6 99.7 100.4 100.5
2017-09 100.5 99.7 100.4 100.7
2017-10 100.4 99.8 100.4 101.0
2017-11 100.3 100.0 100.6 100.9
2017-12 100.4 100.1 100.6 101.1
2018-01 100.0 100.7 100.5 101.6
2018-02 100.1 100.3 100.5 101.9
2018-03 100.4 100.5 100.6 102.1
2018-04 100.1 100.6 100.6 102.2
2018-05 100.2 100.8 100.5 102.7
2018-06 100.1 100.9 100.6 102.8
2018-07 100.4 100.7 100.6 102.9
2018-08 100.6 100.9 100.6 103.0
2018-09 100.7 100.9 100.5 103.1
2018-10 100.7 100.8 100.7 103.0
2018-11 101.1 101.0 100.9 102.9
2018-12 101.4 101.0 101.0 102.6
2019-01 101.2 101.4 100.9 102.7
2019-02 101.2 101.3 101.0 102.8
2019-03 100.9 101.3 101.1 103.0
2019-04 101.0 101.5 101.2 103.1
2019-05 101.1 101.3 101.3 103.1
2019-06 101.3 101.3 101.4 102.8
2019-07 101.5 101.3 101.6 102.6
2019-08 101.6 101.4 101.6 102.6
2019-09 101.5 101.7 101.7 102.5
2019-10 101.8 101.8 102.1 102.3
2019-11 102.1 101.8 102.3 102.0
2019-12 102.5 101.8 102.7 101.9
2020-01 102.2 102.0 102.8 101.8
2020-02 102.2 102.3 102.9 101.6
2020-03 102.3 102.0 102.9 101.1
2020-04 102.0 101.9 103.1 100.7
2020-05 101.7 102.1 103.2 100.4
2020-06 101.6 102.0 103.7 100.7
2020-07 101.6 101.9 103.7 100.7
2020-08 101.4 102.0 103.9 100.7
2020-09 101.3 102.2 104.2 100.7
2020-10 101.7 102.2 104.5 100.7
2020-11 101.8 102.0 104.9 100.8
2020-12 102.2 102.1 105.3 101.2

French Producer Price Indices of manufactured products sold on the home market

  • Source: INSEE

FOREIGN MARKETS: +0.7%

In December 2020, the industrial export producer prices picked up (+0.7% after +0.1%), driven up mainly by those of electricity. The prices of manufactured products rose slightly (+0.2% after +0.1%): the rises in prices of refined petroleum products (+13.4% after +5.5%) and of the “other industrial products” (+0.6% after a stability) were partially offset by the decreases in the prices of transport equipment (–0.8% after a stability) and those of food and beverages (–0.2% as in the previous month).

Year on year, the industrial export producer prices declined by 1.7% in December 2020 (after –2.1%). The manufactured product prices fell by 2.1%, as in November 2020. The decline remained sharp in the prices of refined petroleum products (–30.2% after –37.8%) and eased slightly in the prices of the “other industrial products” (–1.1% after –1.7%). On the contrary, the decline of prices in transport equipment was more pronounced in December than in the previous month (–1.8% after –0.4%), as that of food and beverages (–2.2% after –1.8%).

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 December 20 In 1 month In 1 year
Home market
BE: TOTAL INDUSTRY 1000 102.8 0.8 -1.2
(DE) Mining and quarrying, energy, water 232 109.0 1.2 1.3
CZ: Manufactured products 768 101.1 0.8 -1.8
  (C1) Food products, beverages, tobacco 205 102.2 0.4 -0.3
  (C2) Coke and refined petroleum products 37 82.3 12.9 -31.2
  (C3) Electrical & electronic equip., computers, mach. 74 102.1 0.1 0.3
  (C4) Transport equipment 99 105.3 0.4 2.5
  (C5) Other manufactured products 353 101.2 0.4 -0.7
Foreign markets
BE: TOTAL INDUSTRY 1000 101.2 0.7 -1.7
CZ: Manufactured products 980 100.5 0.2 -2.1
  (C1) Food products, beverages, tobacco 86 100.7 -0.2 -2.2
  (C2) Coke and refined petroleum products 25 80.3 13.4 -30.2
  (C3) Electrical & electronic equip., computers, mach. 132 100.3 0.0 -0.3
  (C4) Transport equipment 297 105.2 -0.8 -1.8
  (C5) Other manufactured products 440 98.4 0.6 -1.1
All markets
BE: TOTAL INDUSTRY 1000 102.4 0.8 -1.3
CZ: Manufactured products 833 101.0 0.6 -1.8
  (C1) Food products, beverages, tobacco 168 102.0 0.3 -0.6
  (C2) Coke and refined petroleum products 33 81.6 13.0 -31.0
  (C3) Electrical & electronic equip., computers, mach. 92 101.3 0.1 0.0
  (C4) Transport equipment 160 105.1 -0.3 0.0
  (C5) Other manufactured products 380 100.3 0.5 -0.9
  • Source: INSEE.

Import price indices of industrial products: +0.9%

The import prices of industrial products sped up in December 2020 (+0.9% after +0.4%), driven up by the rises in prices of manufactured products (+0.5% after +0.3%) and of hydrocarbons. The prices of coke and refined petroleum products sped up (+12.1% after +5.0%). Those of the “other industrial products” were virtually stable (+0.1% after +0.2%).

Year on year, the import prices of industrial products declined by 3.2% in December 2020 (after –3.8%). The prices for coke and refined petroleum products kept declining strongly (–35.1% after –40.5%). The prices of the “other industrial products” declined by 0.6% (after –0.9%). On the contrary, those of transport equipment sped up slightly (+1.0% after +0.7%).

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 December 20 In 1 month In 1 year
BE: TOTAL INDUSTRY 1000 98.6 0.9 -3.2
CZ: Manufactured products s 99.5 0.5 -1.6
  (C1) Food products, beverages, tobacco 75 102.8 -0.1 -0.3
  (C2) Coke and refined petroleum products 36 77.6 12.1 -35.1
  (C3) Electrical & electronic equip., computers, mach. 226 98.5 -0.1 0.3
  (C4) Transport equipment 188 102.7 0.3 1.0
  (C5) Other manufactured products s 99.6 0.1 -0.6
  • s: confidential
  • Source: INSEE.

Revision of variations

In %
Revision of variations (In %)
Sept. 20 / Aug. 20 Oct. 20 / Sept. 20 Nov. 20 / Oct. 20
French producer prices in industry sold on:
  - the home market // // //
  - the foreign markets +0.1 // -0.1
  - all markets // // //
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 home market between October 2020 and November 2020 is unchanged: +1.7% as it was published in December 2020.

For further information

Definition

The producer price indices in industry measure the change of producer prices of goods and services, linked to a given industrial activity and sold on the home market or on the foreign markets.

The import price indices of industrial products measure the change of transaction prices of goods and services purchased by economic agents established on French territory to non-resident agents.

Calculation method

They are calculated on the basis of the results of the survey « Observation of prices in industry and services » (Opise), which is operated by INSEE.

The methodological documentation is available at the following address: https://www.insee.fr/en/metadonnees/source/indicateur/p1639/description

Next publication: 26 February 2021 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

Pour en savoir plus

Definition

The producer price indices in industry measure the change of producer prices of goods and services, linked to a given industrial activity and sold on the home market or on the foreign markets.

The import price indices of industrial products measure the change of transaction prices of goods and services purchased by economic agents established on French territory to non-resident agents.

Calculation method

They are calculated on the basis of the results of the survey « Observation of prices in industry and services » (Opise), which is operated by INSEE.

The methodological documentation is available at the following address: https://www.insee.fr/en/metadonnees/source/indicateur/p1639/description

Next publication: 26 February 2021 at 8.45 a.m.

: bureau-de-presse@insee.fr

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