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Informations Rapides · 31 May 2022 · n° 141
Informations rapidesIn April 2022 the industrial producer prices were stable over a month but kept rising strongly over a year (+25.0%) Industrial Producer and Import Price Indices - April 2022

In April 2022, the industrial producer prices stabilized over a month, after the unprecedented surge observed in March 2022 (+4.8%). This global stability masks significant rises for some products, notably in food, chemicals and basic metals, which were offset by the fall in electricity production prices. Prices of products sold on the home market stabilized (after +4.5%), while those for the foreign markets fell back slightly (–0.2% after +5.5%). Over a year, the industrial producer prices kept rising strongly: +25.0% in April 2022 (after +24.6%).

Informations rapides
No 141
Paru le :Paru le31/05/2022
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
2022-04 131.8 134.8 124.2 136.7
2022-03 131.8 134.8 124.5 139.1
2022-02 125.8 129.0 118.0 128.6
2022-01 125.1 128.0 117.9 127.6
2021-12 120.4 122.0 116.5 122.4
2021-11 118.6 120.1 114.9 120.2
2021-10 114.8 115.6 112.9 117.6
2021-09 111.8 112.2 110.6 113.8
2021-08 109.9 110.3 108.8 110.5
2021-07 108.7 109.0 107.8 109.4
2021-06 107.2 107.3 106.8 107.0
2021-05 105.8 105.9 105.4 105.4
2021-04 105.4 105.5 105.2 103.7
2021-03 105.8 106.3 104.4 102.7
2021-02 104.7 105.3 103.4 102.0
2021-01 103.8 104.2 102.6 100.3
2020-12 102.6 103.1 101.2 98.7
2020-11 101.6 101.9 100.5 97.8
2020-10 100.4 100.3 100.4 97.3
2020-09 100.5 100.3 100.8 97.1
2020-08 100.1 100.0 100.2 97.3
2020-07 100.2 99.9 100.7 97.3
2020-06 99.8 99.5 100.3 96.7
2020-05 99.2 98.7 100.0 95.2
2020-04 99.3 98.7 100.3 95.0
2020-03 101.5 101.5 101.2 97.2
2020-02 103.0 103.1 102.5 100.6
2020-01 103.6 103.8 102.8 101.5
2019-12 103.7 104.0 102.9 101.9
2019-11 103.6 103.9 102.7 101.6
2019-10 102.5 102.5 102.4 101.5
2019-09 102.7 102.7 102.4 101.6
2019-08 102.4 102.6 101.8 100.8
2019-07 102.4 102.5 102.0 101.4
2019-06 102.0 102.1 101.7 101.3
2019-05 102.6 102.7 102.2 102.6
2019-04 103.1 103.2 102.5 102.6
2019-03 103.5 104.1 101.9 102.0
2019-02 103.5 104.2 101.9 101.9
2019-01 103.4 103.7 102.4 101.2
2018-12 103.0 103.4 101.8 101.1
2018-11 103.9 104.4 102.5 102.8
2018-10 103.7 103.9 103.0 104.6
2018-09 103.3 103.6 102.5 103.6
2018-08 102.9 103.1 102.3 102.8
2018-07 102.6 102.7 102.2 102.7
2018-06 102.1 102.1 102.0 102.4
2018-05 101.8 102.1 101.3 102.0
2018-04 101.2 101.4 100.6 100.6
2018-03 101.8 102.2 100.7 100.1
2018-02 101.7 102.0 100.6 99.9
2018-01 101.5 102.0 100.3 100.4
2017-12 101.7 102.0 100.9 100.2
2017-11 101.5 101.7 101.1 100.2
2017-10 100.1 100.0 100.2 99.4
2017-09 99.7 99.8 99.6 99.0
2017-08 99.3 99.4 99.1 98.2
2017-07 98.9 98.9 99.2 97.6
2017-06 99.0 98.8 99.4 97.9
2017-05 99.3 99.1 100.1 98.8
2017-04 99.8 99.7 100.4 99.6
2017-03 100.1 100.0 100.4 99.7
2017-02 100.6 100.5 100.9 100.0
2017-01 100.9 100.7 101.7 99.7
2016-12 99.9 99.8 100.2 99.1
2016-11 99.1 99.0 99.3 97.5
2016-10 98.5 98.4 98.9 97.5
2016-09 97.8 97.7 98.2 96.5
2016-08 97.5 97.4 97.9 96.2
2016-07 97.6 97.5 97.9 96.4
2016-06 97.5 97.4 98.0 96.4
2016-05 97.1 97.0 97.7 95.9
2016-04 96.7 96.5 97.4 95.0
2016-03 97.2 97.1 97.4 95.0
2016-02 96.9 96.9 97.2 94.1
2016-01 97.5 97.3 98.2 94.7
2015-12 98.5 98.4 98.9 96.5
2015-11 99.5 99.5 99.6 98.2
2015-10 99.4 99.4 99.5 98.1
2015-09 99.3 99.2 99.4 98.6
2015-08 99.4 99.2 99.8 99.3
2015-07 100.5 100.3 100.9 100.8
2015-06 100.6 100.5 100.7 102.0
2015-05 100.4 100.4 100.6 102.5
2015-04 100.9 100.8 101.1 102.2
2015-03 101.0 101.1 100.6 101.6
2015-02 100.8 101.0 100.1 101.0
2015-01 99.8 100.0 98.9 99.4

Total Industry price indices

  • Source: INSEE

Producer prices in the French industry: stability

In April 2022, the industrial producer prices stabilized over a month, after the unprecedented surge observed in March 2022 (+4.8%). This global stability masks significant rises for some products, notably in food, chemicals and basic metals, which were offset by the fall in electricity production prices. Prices of products sold on the home market stabilized (after +4.5%), while those for the foreign markets fell back slightly (–0.2% after +5.5%). Over a year, the industrial producer prices kept rising strongly: +25.0% in April 2022 (after +24.6%).

HOME MARKET: stability

In April 2022, the industrial producer prices for the home market stabilized over a month, after the strong rise in the previous month (+4.5%): the rise of manufactured product prices (+2.0% after +3.9%) was counterbalanced by the fall of prices of mining and quarrying products, energy and water (–4.1% after +5.7%). Over a year, the industrial producer prices for the home market accelerated, the rise reaching a record 27.8% (after +26.8%).

Seasonal fall of prices of mining and quarrying products, energy and water

In April 2022, the prices of mining and quarrying products, energy and water fell back over a month (–4.1% after +5.7%) but kept rising strongly over a year (+59.0% after +57.7%). Prices of distribution and transmission services of electricity fell considerably as is customary in April because of the changeover to summer rates. Moreover, electricity production and trade prices fell back over a month (–5.9% after +7.0%) and decelerated slightly over a year (+68.4% after +74.7%). On the contrary, those of trade services of gas through mains accelerated strongly over a month (+17.4% after +5.1%), as over a year (+195.3% after +150.1%).

Acceleration of the “other industrial products” prices

In April 2022, the prices of the “other industrial products” kept accelerating over a month (+2.5% after +2.0% in March 2022 and +0.9% in February 2022), producers mainly passing on increases in raw material and energy costs. The prices were notably driven by those of basic metals (+4.7% after +4.3%), fabricated metal products (+2.0% after +1.4%), rubber and plastics products (+3.5% after +1.0%), the “other non-metallic mineral products” (+2.9% after +0.8%) and paper and paper products (+4.8% after +1.5%). Furthermore prices of chemicals and chemical products slowed down slightly (+4.6% after +6.6%). Year on year, the prices of the “other industrial products” accelerated in April 2022 (+17.2% after +15.7% the previous month).

New strong rise of food and beverage prices

In April 2022, the food and beverage prices kept rising strongly over a month (+3.4% as in the previous month). Prices of preserved meat and meat products sped up sharply (+5.8% after +3.2%), reflecting persistent rises of prices of prepared feeds for farm animals (+5.7% after +2.2%) and international market tensions amplified by avian flu. Prices of the “other food products not elsewhere classified” accelerated strongly (+14.0% after +4.3%), mainly reflecting increases in egg prices. On the contrary, the prices of oils and fats decelerated sharply (+8.3% after +23.6%). Year on year, the food and beverage prices kept accelerating sharply (+13.1% in April 2022 after +10.0% in March and +7.2% in February).

Slight fall in refined petroleum product prices

In April 2022, the prices of refined petroleum products fell back slightly over a month (–0.8% after +29.6%). Over a year, they kept rising very strongly (+111.0% after +110.9%).

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
2022-04 223.9
2022-03 225.7
2022-02 174.1
2022-01 157.1
2021-12 136.3
2021-11 144.2
2021-10 146.9
2021-09 128.7
2021-08 124.1
2021-07 123.1
2021-06 118.0
2021-05 109.6
2021-04 106.1
2021-03 107.0
2021-02 100.6
2021-01 90.2
2020-12 82.3
2020-11 72.9
2020-10 70.9
2020-09 70.8
2020-08 76.5
2020-07 78.9
2020-06 72.5
2020-05 57.0
2020-04 46.4
2020-03 70.0
2020-02 107.7
2020-01 117.8
2019-12 119.6
2019-11 117.0
2019-10 117.6
2019-09 121.5
2019-08 115.7
2019-07 122.3
2019-06 117.5
2019-05 131.3
2019-04 130.7
2019-03 123.3
2019-02 118.8
2019-01 109.4
2018-12 109.3
2018-11 125.8
2018-10 142.7
2018-09 136.5
2018-08 133.2
2018-07 131.4
2018-06 130.2
2018-05 132.1
2018-04 121.8
2018-03 111.3
2018-02 109.2
2018-01 116.1
2017-12 110.9
2017-11 111.1
2017-10 103.2
2017-09 101.8
2017-08 95.1
2017-07 92.1
2017-06 89.7
2017-05 97.1
2017-04 104.7
2017-03 101.4
2017-02 108.1
2017-01 107.1
2016-12 105.7
2016-11 91.7
2016-10 97.0
2016-09 87.6
2016-08 85.2
2016-07 85.3
2016-06 91.9
2016-05 88.1
2016-04 78.5
2016-03 75.5
2016-02 65.6
2016-01 65.9
2015-12 74.5
2015-11 89.4
2015-10 89.1
2015-09 91.3
2015-08 92.8
2015-07 107.6
2015-06 115.6
2015-05 117.9
2015-04 113.8
2015-03 110.2
2015-02 106.6
2015-01 91.2

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

  • Source: INSEE.

Deceleration of prices of electrical, computer and electronic equipment and machinery and transport equipment

In April 2022, the prices of electrical, computer and electronic equipment and machinery went up by 0.5% over a month (after +0.6%) and by 7.1% over a year (after +6.5%). At last, those of transport equipment were virtually stable over a month (+0.1% after +0.5%) and rose by 4.8% over a year (after +4.9%).

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
2022-04 117.1 110.3 111.0 123.2
2022-03 113.3 109.7 110.9 120.2
2022-02 109.6 109.0 110.4 117.9
2022-01 108.6 108.1 110.2 116.8
2021-12 106.9 106.7 109.7 113.3
2021-11 105.8 106.1 108.9 112.7
2021-10 105.0 105.6 108.3 111.6
2021-09 104.5 105.1 107.6 110.2
2021-08 104.3 104.5 107.2 109.3
2021-07 104.4 104.3 107.0 108.3
2021-06 104.1 103.7 106.5 106.8
2021-05 104.1 103.1 106.2 105.9
2021-04 103.5 103.0 105.9 105.1
2021-03 103.0 103.0 105.7 103.9
2021-02 102.2 102.6 105.6 103.1
2021-01 102.1 102.4 105.4 102.1
2020-12 102.3 102.2 105.1 101.3
2020-11 101.8 102.0 105.0 100.8
2020-10 101.8 102.2 104.6 100.8
2020-09 101.3 102.2 104.2 100.7
2020-08 101.4 102.0 103.9 100.7
2020-07 101.6 101.9 103.7 100.7
2020-06 101.6 102.0 103.7 100.7
2020-05 101.7 102.1 103.2 100.4
2020-04 102.0 101.9 103.1 100.7
2020-03 102.3 102.0 102.9 101.1
2020-02 102.2 102.3 102.9 101.6
2020-01 102.2 102.0 102.8 101.8
2019-12 102.5 101.8 102.7 101.9
2019-11 102.1 101.8 102.3 102.0
2019-10 101.8 101.8 102.1 102.3
2019-09 101.5 101.7 101.7 102.5
2019-08 101.6 101.4 101.6 102.6
2019-07 101.5 101.3 101.6 102.6
2019-06 101.3 101.3 101.4 102.8
2019-05 101.1 101.3 101.3 103.1
2019-04 101.0 101.5 101.2 103.1
2019-03 100.9 101.3 101.1 103.0
2019-02 101.2 101.3 101.0 102.8
2019-01 101.2 101.4 100.9 102.7
2018-12 101.4 101.0 101.0 102.6
2018-11 101.1 101.0 100.9 102.9
2018-10 100.7 100.8 100.7 103.0
2018-09 100.7 100.9 100.5 103.1
2018-08 100.6 100.9 100.6 103.0
2018-07 100.4 100.7 100.6 102.9
2018-06 100.1 100.9 100.6 102.8
2018-05 100.2 100.8 100.5 102.7
2018-04 100.1 100.6 100.6 102.2
2018-03 100.4 100.5 100.6 102.1
2018-02 100.1 100.3 100.5 101.9
2018-01 100.0 100.7 100.5 101.6
2017-12 100.4 100.1 100.6 101.1
2017-11 100.3 100.0 100.6 100.9
2017-10 100.4 99.8 100.4 101.0
2017-09 100.5 99.7 100.4 100.7
2017-08 100.6 99.7 100.4 100.5
2017-07 100.4 99.8 100.3 100.4
2017-06 100.4 99.9 100.3 100.7
2017-05 100.1 99.8 100.3 100.8
2017-04 100.1 99.9 100.2 100.7
2017-03 99.8 100.0 100.1 100.4
2017-02 99.6 99.9 100.1 100.1
2017-01 99.2 100.1 100.1 99.6
2016-12 99.2 99.4 100.1 99.0
2016-11 99.2 99.5 100.0 98.8
2016-10 99.1 99.6 100.0 98.7
2016-09 98.8 99.7 99.9 98.5
2016-08 98.8 99.7 99.9 98.5
2016-07 98.9 99.6 100.0 98.6
2016-06 98.5 99.9 100.0 98.6
2016-05 98.4 99.6 100.1 98.3
2016-04 98.5 99.6 100.1 98.0
2016-03 98.6 99.7 100.1 97.9
2016-02 99.1 99.5 100.1 98.1
2016-01 99.3 99.7 100.2 98.4
2015-12 99.7 99.9 100.1 98.8
2015-11 99.9 100.0 100.4 99.0
2015-10 100.2 100.0 100.3 99.2
2015-09 100.3 99.7 100.1 99.6
2015-08 100.5 99.6 100.0 100.2
2015-07 100.2 100.0 99.8 100.8
2015-06 99.9 100.0 99.8 100.8
2015-05 99.9 100.0 99.9 100.8
2015-04 99.9 100.2 99.9 100.6
2015-03 99.8 100.2 99.9 100.2
2015-02 99.9 100.2 99.9 99.9
2015-01 99.8 100.2 99.9 100.0

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

  • Source: INSEE

FOREIGN MARKETS: –0.2%

After an unprecedented rise in March 2022 (+5.5%), the industrial producer prices for the foreign markets fell slightly over a month in April 2022 (–0.2%): The prices of mining and quarrying products, energy and water fell back sharply, driven by those of electricity, while manufactured product prices slowed down (+1.9% after +2.7%). Over a year, the industrial producer prices for the foreign markets slowed down slightly (+18.1% after +19.3%).

The prices of the “other industrial products” accelerated over a month (+3.4% after +2.3%), driven by those of chemicals and chemical products (+5.6% after +3.8%), while those of basic metals remained on a strong upward trend (+5.0% after +4.8%). Year on year, the prices of the “other industrial products” accelerated (+18.4% after +16.1%).

The prices of food and beverages rose sharply over a month (+2.2%), but at a more moderate pace than in the previous month (+2.8% in March 2022). Over a year, they kept accelerating (+15.2% in April 2022, after +13.2% in March 2022 and +10.7% in February 2022).

Transport equipment prices slowed down over a month (+0.6% after +1.6%) and rose by 5.0% over a year (after +4.1%).

Those of refined petroleum products fell back slightly over a month (–2.0% after +25.5%). Over a year, however, they remained on a very strong upward trend (+104.1% after +108.8%).

At last, prices of electrical, computer and electronic equipment and machinery decelerated over a month (+0.5% after +0.9%) and rose by 5.6% over a year (after +5.2%).

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 April 22 In 1 month In 1 year
Home market
BE: TOTAL INDUSTRY 1000 134.8 0.0 27.8
(DE) Mining and quarrying, energy, water 233 173.2 -4.1 59.0
CZ: Manufactured products 767 123.4 2.0 18.1
  (C1) Food products, beverages, tobacco 199 117.1 3.4 13.1
  (C2) Coke and refined petroleum products 36 223.9 -0.8 111.0
  (C3) Electrical & electronic equip., computers, mach. 74 110.3 0.5 7.1
  (C4) Transport equipment 99 111.0 0.1 4.8
  (C5) Other manufactured products 359 123.2 2.5 17.2
Foreign markets
BE: TOTAL INDUSTRY 1000 124.2 -0.2 18.1
CZ: Manufactured products 980 118.7 1.9 13.9
  (C1) Food products, beverages, tobacco 95 118.3 2.2 15.2
  (C2) Coke and refined petroleum products 21 206.5 -2.0 104.1
  (C3) Electrical & electronic equip., computers, mach. 136 107.0 0.5 5.6
  (C4) Transport equipment 306 111.8 0.6 5.0
  (C5) Other manufactured products 422 123.3 3.4 18.4
All markets
BE: TOTAL INDUSTRY 1000 131.8 0.0 25.0
CZ: Manufactured products 829 121.9 2.0 16.7
  (C1) Food products, beverages, tobacco 169 117.3 3.2 13.4
  (C2) Coke and refined petroleum products 31 219.7 -1.1 109.6
  (C3) Electrical & electronic equip., computers, mach. 92 108.9 0.6 6.5
  (C4) Transport equipment 159 111.3 0.5 4.9
  (C5) Other manufactured products 378 123.3 2.8 17.7
  • Source: INSEE.

Import prices of industrial products: –1.7%

In April 2022, the import prices of industrial products fell by 1.7% over a month, after the unprecedented rise observed in March 2022 (+8.2%). Prices of mining and quarrying products, energy and water fell back, notably those of natural gas and crude oil, while manufactured product prices decelerated sharply (+1.7% after +3.3%). Over a year, the import prices of industrial products kept rising strongly (+31.8%), but at a more moderate pace than in the previous month (+35.4% in March 2022).

The prices of the “other industrial products” remained on a strong upward trend over a month (+2.4% after +2.2%). They accelerated for chemicals and chemical products (+4.9% after +3.3%), fabricated metal products (+3.6% after +2.6%) and rubber and plastics products (+2.4% after +2.2%). On the contrary, those of basic metals decelerated (+3.5% after +7.2%). Year on year, the prices of the “other industrial products” were up by 18.5% (after +17.2%).

The prices of food, beverages and tobacco kept rising strongly over a month (+2.5%), but at a more moderate pace than in the previous month (+3.7%). Prices of preserved meat and meat products sped up sharply (+7.8% after +4.5%). Those of dairy and cheese products kept rising strongly (+5.1% after +5.4%). Over a year, the rise of prices of food, beverages and tobacco intensified, reaching 16.2% (after +14.3% in the previous month).

Transport equipment prices accelerated over a month (+0.9% after +0.4%), as over a year (+4.1% after +3.1%).

Those of electrical, computer and electronic equipment and machinery rose by 0.7% over a month (after +0.8%) and by 5.8% over a year (after +5.6%).

At last, the prices of coke and refined petroleum products decelerated very strongly over a month (+1.4% after +29.9%) but kept rising strongly (+110.0% after +108.1%).

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 22 In 1 month In 1 year
BE: TOTAL INDUSTRY 1000 136.7 -1.7 31.8
CZ: Manufactured products s 120.1 1.7 16.2
  (C1) Food products, beverages, tobacco 73 122.8 2.5 16.2
  (C2) Coke and refined petroleum products 40 207.9 1.4 110.0
  (C3) Electrical & electronic equip., computers, mach. 225 105.0 0.7 5.8
  (C4) Transport equipment 188 107.1 0.9 4.1
  (C5) Other manufactured products s 124.9 2.4 18.5
  • s: confidential
  • Source: INSEE.

The monthly variation of the producer price index in industry in March 2022 has been revised upwards by 0.2 points: it now stands at +4.8%

Revision of variations

In %
Revision of variations (In %) - (1) How to read it: the variation of the producer price index in industry for products sold on the home market between February 2022 and March 2022 has been revised by +0.2 points: published in April 2022 at +4.3%, it has been updated to +4.5%.
Jan.22 / Dec.21 Feb. 22 / Jan.22 Mar. 22 / Feb. 22
French producer prices in industry sold on:
  - the home market +0.2 -0.1 +0.2
  - the foreign markets +0.1 // +0.2
  - all markets +0.2 -0.1 +0.2
Import prices of industrial products // // +0.3
  • //: unrevised evolution
  • (1) How to read it: the variation of the producer price index in industry for products sold on the home market between February 2022 and March 2022 has been revised by +0.2 points: published in April 2022 at +4.3%, it has been updated to +4.5%.

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 2022 at 8.45 a.m.

Documentation

Simplified methodology note (pdf,75 Ko)

Producer and Import Price Index in Industry

Insee Méthodes n°140 - September 2021 "Producer Price Indices"

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 2022 at 8.45 a.m.

: bureau-de-presse@insee.fr

Publication calendar

Time series : Industrial Producer and Import Price Indices

Insee Méthodes n°140 - September 2021 "Producer Price Indices"