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Informations Rapides · 31 August 2021 · n° 223
Informations rapidesIn July 2021, industrial producer prices rose by 1.1% over a month Industrial Producer and Import Price Indices - July 2021

In July 2021, the industrial producer prices rose by 1.1% (as in the previous month): the rise was more marked for products for the home market (+1.3% after +1.1%) than for those for the foreign markets (+0.7% after +1.2%). Year on year, the industrial producer prices kept rising strongly (+8.0% after +7.2%).

Informations rapides
No 223
Paru le :Paru le31/08/2021
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
2021-04 105.4 105.5 105.2 103.7
2021-05 105.8 105.9 105.4 105.4
2021-06 107.0 107.1 106.7 106.9
2021-07 108.2 108.5 107.5 108.9

Total Industry price indices

  • Source: INSEE

Producer prices in French industry: +1.1%

In July 2021, the industrial producer prices rose by 1.1% (as in the previous month): the rise was more marked for products for the home market (+1.3% after +1.1%) than for those for the foreign markets (+0.7% after +1.2%). Year on year, the industrial producer prices kept rising strongly (+8.0% after +7.2%).

HOME MARKET: +1.3%

The industrial producer prices for the home market rose in July 2021 by 1.3% over a month (after +1.1%) and accelerated also over a year (+8.6% after +7.6%). Those of manufactured products increased by 0.8% over a month, as in the previous month, and by 6.6% over a year (after +6.1%).

Sharp rise in prices of mining and quarrying products, energy and water

In July 2021, the prices of mining and quarrying products, energy and water rose by 2.6% over a month (after +2.4%). The prices of electricity, gas, steam and air conditioning rose sharply (+3.4% after +2.7%), driven up notably by those of trade services of gas through mains (+9.7% after +8.2%), in connection with an increase in regulated tariffs. Year on year, the prices of mining and quarrying products, energy and water accelerated (+15.1% after +13.0%).

Persistent rise in prices of the “other industrial products”

The prices of the “other industrial products” kept rising in July 2021: +0.9% (after +0.8%). In line with the strong increases in steel prices, metal product prices continued to rise sharply (+3.9% after +3.5%) and those of fabricated metal products, except machinery and equipment, went up by 0.9% (after +0.8%). Furthermore, the prices of chemicals and chemical products accelerated markedly (+1.6% after +0.5%), in the wake of the commodity prices of recent months. Year on year, the prices of the “other industrial products” rose strongly in July 2021: +7.0% (after +6.0% in the previous month).

Deceleration in refined petroleum product prices

In the wake of crude oil prices, the prices of refined petroleum rose by 4.2% in July 2021 over a month (after +7.7%) and thus reached their highest level since May 2019. Over a year, they rose by 55.9% (after +62.8%).

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
2021-07 123.0

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

  • Source: INSEE.

Slight rise in transport equipment prices

In July 2021, the prices of transport equipment went up by 0.4% over a month (after +0.3%), driven up by those of motor vehicles (+0.5% after +0.4%). Over a year, they accelerated slightly (+3.1% after +2.7%).

Slowdown in the prices of electrical, computer and electronic equipment and machinery

In July 2021, the prices of electrical, computer and electronic equipment and machinery went up by 0.2% over a month (after +0.5%) and by 1.9% over a year (after +1.6%).

Virtual stability in food and beverage prices

In July 2021, the food and beverage prices were almost stable over a month (+0.1% after a stability), despite a significant drop in the prices of processed and preserved meat (–1.5% after –0.7%). Year on year, the food and beverage prices rose by 2.6% (after +2.5%).

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
2021-04 103.5 103.0 105.9 105.1
2021-05 104.1 103.1 106.2 105.9
2021-06 104.1 103.6 106.5 106.7
2021-07 104.2 103.8 106.9 107.7

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

  • Source: INSEE

FOREIGN MARKETS: +0.7%

In July 2021, the industrial producer prices for the foreign markets decelerated over a month (+0.7% after +1.2%), as did those of manufactured products (+0.6% after +0.8%). Over a year, they rose by 6.8% (after +6.4%).

The prices of the “other industrial products” went up by 0.7% over a month (after +1.0%): those of basic metals accelerated (+4.1% after +2.9%), while those of chemicals and chemical products fell back (–0.8% after +1.3%). Year on year, the prices of the “other industrial products” continued to rise sharply in July 2021 (+8.7% after +8.2%).

In the wake of crude oil prices, the prices of refined petroleum products decelerated slightly over a month (+5.3% after +6.6%) and more markedly over a year (+67.9% after +83.0%).

At last, the food and beverage prices were on the rise again in July 2021 (+1.1% after two months of stability), both for foods (+0.9% after –0.1%) and for beverages (+1.6% after +0.1%). Over a year, they accelerated markedly (+2.3% after +0.8%).

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 July 21 In 1 month In 1 year
Home market
BE: TOTAL INDUSTRY 1000 108.5 1.3 8.6
(DE) Mining and quarrying, energy, water 233 113.8 2.6 15.1
CZ: Manufactured products 767 107.0 0.8 6.6
  (C1) Food products, beverages, tobacco 199 104.2 0.1 2.6
  (C2) Coke and refined petroleum products 36 123.0 4.2 55.9
  (C3) Electrical & electronic equip., computers, mach. 74 103.8 0.2 1.9
  (C4) Transport equipment 99 106.9 0.4 3.1
  (C5) Other manufactured products 359 107.7 0.9 7.0
Foreign markets
BE: TOTAL INDUSTRY 1000 107.5 0.7 6.8
CZ: Manufactured products 980 105.8 0.6 5.2
  (C1) Food products, beverages, tobacco 95 103.8 1.1 2.3
  (C2) Coke and refined petroleum products 21 117.9 5.3 67.9
  (C3) Electrical & electronic equip., computers, mach. 136 102.1 0.2 1.3
  (C4) Transport equipment 306 106.6 0.1 0.2
  (C5) Other manufactured products 422 106.5 0.7 8.7
All markets
BE: TOTAL INDUSTRY 1000 108.2 1.1 8.0
CZ: Manufactured products 829 106.6 0.7 6.1
  (C1) Food products, beverages, tobacco 169 104.2 0.3 2.5
  (C2) Coke and refined petroleum products 31 121.6 4.4 58.7
  (C3) Electrical & electronic equip., computers, mach. 92 103.1 0.2 1.7
  (C4) Transport equipment 159 106.6 0.3 1.4
  (C5) Other manufactured products 378 107.3 0.8 7.5
  • Source: INSEE.

Import prices of industrial products: +1.9%

In July 2021, the import prices of industrial products rose by 1.9% (after +1.4%), 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 continued to soar: +11.9% (after +10.5%).

The prices of the “other industrial products” kept rising by 1.1% over a month. In accordance with their usual seasonal pattern, those of wearing apparel increased by 3.3% (after –0.5%). Those of basic metals slowed down slightly (+2.3% after +3.0%), as did those of chemicals and chemical products (+0.9% after +1.7%). Year on year, the prices of the “other industrial products” went up by 10.5% in July 2021 (after +9.4%).

The prices of coke and refined petroleum products slowed down slightly over a month (+4.6% after +6.4%) but remained on a strong upward trend over a year (+54.3% after +60.3%).

At last, the prices of electrical, computer and electronic equipment and machinery went up by 0.3% over a month (as in the previous month) and by 1.6% over a year (after +1.4%).

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 July 21 In 1 month In 1 year
BE: TOTAL INDUSTRY 1000 108.9 1.9 11.9
CZ: Manufactured products s 106.2 0.9 7.5
  (C1) Food products, beverages, tobacco 73 107.0 0.2 4.3
  (C2) Coke and refined petroleum products 40 114.8 4.6 54.3
  (C3) Electrical & electronic equip., computers, mach. 225 100.1 0.3 1.6
  (C4) Transport equipment 188 103.6 -0.1 1.5
  (C5) Other manufactured products s 109.2 1.1 10.5
  • s: confidential
  • Source: INSEE.

Revision of variations

In %
Revision of variations (In %)
Apr. 21 / Mar. 21 May 21 / Apr. 21 June 21 / May 21
French producer prices in industry sold on:
  - the home market // // //
  - the foreign markets // -0.1 +0.2
  - 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 May 2021 and June 2021 is unchanged: +1.1% as it was published in July 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 September 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 September 2021 at 8.45 a.m.

: bureau-de-presse@insee.fr

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