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Informations Rapides · 28 May 2021 · n° 139
Informations rapidesIn April 2021, industrial producer prices were stable over a month and rose by 6.4% over a year Industrial Producer and Import Price Indices - April 2021

The industrial producer prices were stable in April 2021 (after +1.0%): the decrease in prices for the home market (–0.3% after +1.0%) was offset by the rise of those for the foreign markets (+0.8% after +1.0%). Year on year, the industrial producer prices accelerated strongly (+6.4% after +4.1%), as a consequence of the low prices observed in the spring of 2020 in connection with the Covid-19 pandemic.

Informations rapides
No 139
Paru le :Paru le28/05/2021
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
2020-11 101.6 101.9 100.5 97.8
2020-12 102.6 103.1 101.2 98.7
2021-01 103.8 104.2 102.6 100.3
2021-02 104.7 105.2 103.4 102.0
2021-03 105.7 106.2 104.4 102.7
2021-04 105.7 105.9 105.2 103.6

Total Industry price indices

  • Source: INSEE

Producer prices in French industry: stability

The industrial producer prices were stable in April 2021 (after +1.0%): the decrease in prices for the home market (–0.3% after +1.0%) was offset by the rise of those for the foreign markets (+0.8% after +1.0%). Year on year, the industrial producer prices accelerated strongly (+6.4% after +4.1%), as a consequence of the low prices observed in the spring of 2020 in connection with the Covid-19 pandemic.

HOME MARKET: –0.3%

The industrial producer prices for the home market fell back in April 2021 (–0.3% after +1.0%). The sharp seasonal decrease in the prices of mining and quarrying products, energy and water was not fully offset by the rise in manufactured product prices (+0.5% after +0.9%). Year on year, the industrial producer prices for the home market kept speeding up sharply in April 2021 (+7.3% after +4.6% and +2.0%).

Seasonal decline in prices of mining and quarrying products, energy and water

In April 2021, the prices of mining and quarrying products, energy and water fell back sharply (–2.5% after +1.0%). The prices of electricity, gas, steam and air conditioning fell by 3.3% (after +0.4%); mainly due to a seasonal drop in electricity transmission prices and, to a lesser extent, to a decline in electricity production and trade prices (–2.2% after +1.6%). Year on year, the prices of mining and quarrying products, energy and water rose however by 13.0% (after +7.4%).

Acceleration of prices of the “other industrial products”

The prices of the “other industrial products” remained very dynamic in April 2021 (+1.0% after +0.7%), mainly due to rises in raw material prices. The prices of chemicals and chemical products slowed down slightly (+2.2% after +3.7%). Those of basic metals sped up (+3.8% after +1.4%), as did those of rubber and plastics products (+1.8% after +0.5%). Year on year, the prices of the “other industrial products” rose by 4.0% in April 2021 (after +2.6%).

Deceleration in food and beverage prices

In April 2021, the food and beverage prices rose by 0.3% (after +0.7%), driven up by those of processed and preserved meat (+1.8% after +2.3%) and of dairy and cheese products (+0.6% after +0.5%). Year on year, the food and beverage prices went up by 1.3% (after +0.7%).

Slight decline in refined petroleum product prices over a month

In the wake of crude oil prices, the prices of refined petroleum products fell back slightly in April 2021 over a month (–0.9% after +6.5%). Over a year they recorded a historic jump: +128.7% (after +53.0%).

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
2021-01 90.2
2021-02 100.6
2021-03 107.1
2021-04 106.1

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

  • Source: INSEE.

Virtual stability in transport equipment prices

In April 2021, the prices of transport equipment were virtually stable over a month (+0.1% after +0.2%) and grew by 2.7% over a year (after +2.8%).

Stability of the prices of electrical, computer and electronic equipment and machinery

In April 2021, the prices of electrical, computer and electronic equipment and machinery stabilized over a month (after +0.4%). Year on year, they rose by 1.1% (after +1.0%).

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
2020-10 101.8 102.2 104.6 100.8
2020-11 101.8 102.0 105.0 100.8
2020-12 102.3 102.2 105.1 101.3
2021-01 102.1 102.4 105.4 102.1
2021-02 102.3 102.6 105.6 103.0
2021-03 103.0 103.0 105.8 103.7
2021-04 103.3 103.0 105.9 104.7

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

  • Source: INSEE

FOREIGN MARKETS: +0.8%

In April 2021, the export producer prices for the whole industry rose by 0.8% (after +1.0%), driven up by those of manufactured products (+0.5% after +1.1%) and of electricity. Year on year, they kept speeding up (+4.9% after +3.2% and +0.9%).

The prices of the “other industrial products” remained on an upward trend (+1.1% after +1.5%), driven up by those of chemicals and chemical products (+1.1% after +2.8%), of basic metals (+3.5% after +3.4%) and of rubber and plastics products (+2.1% after +0.5%). Year on year, the prices of the “other industrial products” rose by 5.7% in April 2021 (after +3.9% in the previous month).

The prices of food products and beverages slowed down over a month (+0.5% after +0.9%) and remained down over a year (–0.8% after –1.3%).

In the wake of crude oil prices, the prices of refined petroleum products fell very slightly over a month (–0.6% after +6.3%) and sped up strongly over a year (+122.8% after +40.9%).

At last, the prices were virtually stable in April 2021 for transport equipment (–0.1% after +0.6%) and for electrical, computer and electronic equipment and machinery (+0.1% 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 April 21 In 1 month In 1 year
Home market
BE: TOTAL INDUSTRY 1000 105.9 -0.3 7.3
(DE) Mining and quarrying, energy, water 233 111.4 -2.5 13.0
CZ: Manufactured products 767 104.3 0.5 5.6
  (C1) Food products, beverages, tobacco 199 103.3 0.3 1.3
  (C2) Coke and refined petroleum products 36 106.1 -0.9 128.7
  (C3) Electrical & electronic equip., computers, mach. 74 103.0 0.0 1.1
  (C4) Transport equipment 99 105.9 0.1 2.7
  (C5) Other manufactured products 359 104.7 1.0 4.0
Foreign markets
BE: TOTAL INDUSTRY 1000 105.2 0.8 4.9
CZ: Manufactured products 980 104.1 0.5 3.2
  (C1) Food products, beverages, tobacco 95 103.1 0.5 -0.8
  (C2) Coke and refined petroleum products 21 101.8 -0.6 122.8
  (C3) Electrical & electronic equip., computers, mach. 136 101.2 0.1 0.4
  (C4) Transport equipment 306 106.6 -0.1 -1.7
  (C5) Other manufactured products 422 103.8 1.1 5.7
All markets
BE: TOTAL INDUSTRY 1000 105.7 0.0 6.4
CZ: Manufactured products 829 104.3 0.5 4.7
  (C1) Food products, beverages, tobacco 169 103.3 0.3 1.0
  (C2) Coke and refined petroleum products 31 104.9 -0.9 127.5
  (C3) Electrical & electronic equip., computers, mach. 92 102.2 0.0 0.8
  (C4) Transport equipment 159 106.2 0.1 0.2
  (C5) Other manufactured products 378 104.4 1.0 4.5
  • Source: INSEE.

Import price indices of industrial products: +0.9%

In April 2021, the import prices of industrial products sped up slightly (+0.9% after +0.7%), despite the very slight slowdown in manufactured product prices (+0.7% after +0.8%). They sped up strongly over a year (+9.1% after +5.7%).

The prices of the “other industrial products” rose by 1.1% (after +1.2%). Due to the rise in raw material prices, the prices kept rising sharply for chemicals and chemical products (+2.6% after +4.0%) and for basic metals (+2.8% after +2.2%). On the contrary, prices of wearing apparel fell (–1.8% after –1.0%). Year on year, the prices of the “other industrial products” kept speeding up: +5.6% (after +3.9% and +2.2%).

The prices of electrical, computer and electronic equipment and machinery rose by 0.4% (after +0.1%), driven up by those of computers and peripheral equipment (+1.7% after +0.5%). Year on year, they went up by 0.6% (after +0.1%).

The prices of food products, beverages and tobacco rose by 0.9% over a month (after +0.7%), driven up again by those of dairy and cheese products (+3.0% after +3.5%) and those of processed and preserved meat (+3.0% after +2.1%). Year on year, they kept speeding up (+3.3% after +1.8% and +0.8%).

The prices of coke and refined petroleum products rose very slightly over a month (+0.7% after +3.9%) and sped up strongly over a year (+84.5% after +35.2%).

At last, the prices of transport equipment were stable over a month (after +0.6%) and went up by 1.2% over a year (after +1.3%).

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 April 21 In 1 month In 1 year
BE: TOTAL INDUSTRY 1000 103.6 0.9 9.1
CZ: Manufactured products s 103.2 0.7 5.0
  (C1) Food products, beverages, tobacco 73 105.6 0.9 3.3
  (C2) Coke and refined petroleum products 40 99.1 0.7 84.5
  (C3) Electrical & electronic equip., computers, mach. 225 99.2 0.4 0.6
  (C4) Transport equipment 188 102.9 0.0 1.2
  (C5) Other manufactured products s 105.1 1.1 5.6
  • s: confidential
  • Source: INSEE.

Revision of variations

In %
Revision of variations (In %)
Jan. 21 / Dec. 20 Feb. 21 / Jan. 21 Mar. 21 / Feb. 21
French producer prices in industry sold on:
  - the home market // +0.1 //
  - the foreign markets +0.1 -0.1 +0.1
  - all markets // // +0.1
Import prices of industrial products +0.2 // //
  • (1) How to read it: the variation of the producer price index in industry for products sold on the home market between February 2021 and March 2021 is unchanged: +1.0% as it was published in April 2021.

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: 30 June 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: 30 June 2021 at 8.45 a.m.

: bureau-de-presse@insee.fr

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