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Informations Rapides · 29 July 2021 · n° 195
Informations rapidesIn June 2021, industrial producer prices rose by 1.0% over a month Industrial Producer and Import Price Indices - June 2021

In June 2021, the industrial producer prices accelerated over a month (+1.0% after +0.4%), both on the home market (+1.1% after +0.4%) and the foreign markets (+1.0% after +0.3%). Year on year, they kept rising strongly (+7.1% after +6.7%), as a consequence of the low prices observed in the spring of 2020 in connection with the health crisis, but also as a result of the recent surges in some raw material prices due to the economic recovery.

Informations rapides
No 195
Paru le :Paru le29/07/2021
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
2021-02 104.7 105.3 103.4 102.0
2021-03 105.8 106.3 104.4 102.7
2021-04 105.4 105.4 105.2 103.7
2021-05 105.8 105.8 105.5 105.3
2021-06 106.9 107.0 106.6 106.8

Total Industry price indices

  • Source: INSEE

Producer prices in French industry: +1.0%

In June 2021, the industrial producer prices accelerated over a month (+1.0% after +0.4%), both on the home market (+1.1% after +0.4%) and the foreign markets (+1.0% after +0.3%). Year on year, they kept rising strongly (+7.1% after +6.7%), as a consequence of the low prices observed in the spring of 2020 in connection with the health crisis, but also as a result of the recent surges in some raw material prices due to the economic recovery.

HOME MARKET: +1.1%

The industrial producer prices for the home market rose by 1.1% in June 2021 (after +0.4%), driven up equally by those of manufactured products (+0.8% after +0.7%) and those of mining and quarrying products, energy and water. Year on year, they rose by 7.5% in June 2021 (after +7.2%).

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

In June 2021, the prices of mining and quarrying products, energy and water rose by 2.3% over a month (after –0.6%). Electricity production and trade prices bounced back (+2.2% after –3.5%), while those of trade services of gas through mains kept rising sharply (+6.8% after +6.9%), following the upward adjustment of regulated tariffs. Year on year, the prices of mining and quarrying products, energy and water rose by 12.8% (after +10.7%).

Rise in refined petroleum product prices

In the wake of crude oil prices, the prices of refined petroleum products sped up (+7.7% over a month in June 2021, after +3.3%). Over a year, they slowed down but continued to rise sharply (+62.8% after +92.3%).

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
2021-03 107.0
2021-04 106.1
2021-05 109.6
2021-06 118.0

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

  • Source: INSEE.

Persistent rise in prices of the “other industrial products”

The prices of the “other industrial products” kept rising by 0.8% in June 2021. In line with the strong increases in steel prices, metal product prices sped up (+3.3% after +2.1%) and those of fabricated metal products, except machinery and equipment, rose by 0.8% (after +0.7%). Furthermore, the prices of chemicals and chemical products slowed down (+0.9% after +1.8%). Year on year, the prices of the “other industrial products” kept accelerating in June 2021 (+5.8% after +5.3% and +4.2%).

Slight rise in transport equipment prices

In June 2021, the prices of transport equipment kept rising by 0.3% over a month, driven up by those of motor vehicles (+0.4% after +0.6%). Over a year, they grew by 2.6% (after +2.8%).

Moderate increase of the prices of electrical, computer and electronic equipment and machinery

In June 2021, the prices of electrical, computer and electronic equipment and machinery rose by 0.3% over a month (after +0.1%), driven notably by those of electrical equipment (+0.7% after +0.4%). Over a year, they went up by 1.5% (after +1.1%).

Virtual stability in food and beverage prices

In June 2021, the food and beverage prices were virtually stable over a month (–0.1% after +0.7%) and rose by 2.4% over a year (as in the previous month).

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
2021-02 102.2 102.6 105.6 103.1
2021-03 103.0 103.0 105.7 103.9
2021-04 103.4 103.1 105.8 104.9
2021-05 104.1 103.2 106.1 105.7
2021-06 104.0 103.5 106.4 106.5

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

  • Source: INSEE

FOREIGN MARKETS: +1.0%

In June 2021, the industrial producer prices for the export markets rose by 1.0% over a month (after +0.3%), driven up by those of electricity. Those of manufactured products grew by 0.5%, as in the previous month. Over a year, the industrial producer prices for the foreign markets kept accelerating (+6.3% after +5.5% and +4.9%).

The prices of the “other industrial products” slowed down over a month (+0.4% after +1.1%), in particular those of basic metals (+2.8% after +3.2%), while those of chemicals and chemical products fell back slightly (–0.6% after +1.5%). Year on year, the prices of the “other industrial products” kept speeding up strongly in June 2021 (+8.0%, as in May).

In the wake of crude oil prices, the prices of refined petroleum products accelerated over a month (+6.5% after +3.9%) and continued to rise sharply over a year (+82.8% after +102.1%).

At last, transport equipment prices bounced back in June 2021 over a month (+0.3% after –0.4%) but remained on a downward trend over a year (–0.7% after –2.0%).

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 21 In 1 month In 1 year
Home market
BE: TOTAL INDUSTRY 1000 107.0 1.1 7.5
(DE) Mining and quarrying, energy, water 233 110.7 2.3 12.8
CZ: Manufactured products 767 106.0 0.8 6.0
  (C1) Food products, beverages, tobacco 199 104.0 -0.1 2.4
  (C2) Coke and refined petroleum products 36 118.0 7.7 62.8
  (C3) Electrical & electronic equip., computers, mach. 74 103.5 0.3 1.5
  (C4) Transport equipment 99 106.4 0.3 2.6
  (C5) Other manufactured products 359 106.5 0.8 5.8
Foreign markets
BE: TOTAL INDUSTRY 1000 106.6 1.0 6.3
CZ: Manufactured products 980 105.1 0.5 4.6
  (C1) Food products, beverages, tobacco 95 102.8 0.0 0.9
  (C2) Coke and refined petroleum products 21 111.9 6.5 82.8
  (C3) Electrical & electronic equip., computers, mach. 136 101.9 0.5 0.9
  (C4) Transport equipment 306 106.4 0.3 -0.7
  (C5) Other manufactured products 422 105.6 0.4 8.0
All markets
BE: TOTAL INDUSTRY 1000 106.9 1.0 7.1
CZ: Manufactured products 829 105.8 0.8 5.5
  (C1) Food products, beverages, tobacco 169 103.9 0.0 2.3
  (C2) Coke and refined petroleum products 31 116.4 7.4 67.0
  (C3) Electrical & electronic equip., computers, mach. 92 102.8 0.4 1.3
  (C4) Transport equipment 159 106.3 0.3 0.8
  (C5) Other manufactured products 378 106.2 0.7 6.5
  • Source: INSEE.

Import price indices of industrial products: +1.4%

In June 2021, the import prices of industrial products rose by 1.4% (after +1.5%), driven up by those of unrefined hydrocarbons. Manufactured product prices went up by 0.9%, as in the previous month. Over a year, the import prices of industrial products increased sharply: +10.4% (after +10.6%).

The prices of the “other industrial products” rose by 1.0% over a month (after +1.2%). Among these, those of basic metals slowed down (+2.9% after +4.1%) while those of chemicals and chemical products rose by 1.7%, as in May. Year on year, the prices of the “other industrial products” kept speeding up sharply in June 2021 (+9.3% after +8.1% and +6.0%).

The prices of coke and refined petroleum products rose by 6.6% over a month (after +4.2%) and by 60.6% over a year (after +91.8%).

Transport equipment prices rose by 0.2% over a month (after +0.4%) and by 1.5% over a year (after +1.6%).

At last, the prices of food products, beverages and tobacco went up very slightly over a month (+0.2% after +0.7%) but rose by 4.2% over a year (as in the previous month).

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 21 In 1 month In 1 year
BE: TOTAL INDUSTRY 1000 106.8 1.4 10.4
CZ: Manufactured products s 105.2 0.9 6.8
  (C1) Food products, beverages, tobacco 73 106.5 0.2 4.2
  (C2) Coke and refined petroleum products 40 110.0 6.6 60.6
  (C3) Electrical & electronic equip., computers, mach. 225 99.6 0.4 1.2
  (C4) Transport equipment 188 103.6 0.2 1.5
  (C5) Other manufactured products s 107.9 1.0 9.3
  • s: confidential
  • Source: INSEE.

Revision of variations

In %
Revision of variations (In %)
Mar. 21 / Feb. 21 Apr. 21 / Mar. 21 May 21 / Apr. 21
French producer prices in industry sold on:
  - the home market // // -0.1
  - the foreign markets // +0.1 //
  - all markets +0.1 // //
Import prices of industrial products // +0.1 //
  • (1) How to read it: the variation of the producer price index in industry for products sold on the home market between April 2021 and May 2021 has been revised by –0.1 points: published in June 2021 equal to +0.5%, it has been updated to +0.4 %.

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: 31 August 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: 31 August 2021 at 8.45 a.m.

: bureau-de-presse@insee.fr

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