Informations rapides
27 March 2019
2019- n° 83
In February 2019, producer prices in industry were stable Industrial Producer and Import Price Indices - February 2019

On all markets (French market and foreign markets), producer prices in industry were stable in February 2019 (0.0% after +0.4% in January 2019). Year on year, they remained up (+1.7% after +1.9%).

Informations rapides
No 83
Paru le :Paru le27/03/2019
Prochaine parution le : 31/07/2025 at 08:45 - June 2025
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Producer prices in French industry: stability in February 2019

On all markets (French market and foreign markets), producer prices in industry were stable in February 2019 (0.0% after +0.4% in January 2019). Year on year, they remained up (+1.7% after +1.9%).

Total Industry price indices

Total Industry price indices
PPI for domestic market PPI for foreign markets PPI for all markets Import prices
2015-01 100.0 98.9 99.8 99.4
2015-02 101.0 100.1 100.8 101.0
2015-03 101.1 100.6 101.0 101.6
2015-04 100.8 101.1 100.9 102.2
2015-05 100.4 100.6 100.4 102.5
2015-06 100.5 100.7 100.6 102.0
2015-07 100.3 100.9 100.5 100.8
2015-08 99.2 99.8 99.4 99.3
2015-09 99.2 99.4 99.3 98.6
2015-10 99.4 99.5 99.4 98.1
2015-11 99.5 99.6 99.5 98.2
2015-12 98.4 98.9 98.5 96.5
2016-01 97.3 98.2 97.5 94.7
2016-02 96.9 97.2 96.9 94.1
2016-03 97.1 97.4 97.2 95.0
2016-04 96.5 97.4 96.7 95.0
2016-05 97.0 97.7 97.1 95.9
2016-06 97.4 98.0 97.5 96.4
2016-07 97.5 97.9 97.6 96.4
2016-08 97.4 97.9 97.5 96.2
2016-09 97.7 98.2 97.8 96.5
2016-10 98.4 98.9 98.5 97.5
2016-11 99.0 99.3 99.1 97.5
2016-12 99.8 100.2 99.9 99.1
2017-01 100.7 101.7 100.9 99.7
2017-02 100.5 100.9 100.6 100.0
2017-03 100.0 100.4 100.1 99.7
2017-04 99.7 100.4 99.8 99.6
2017-05 99.1 100.1 99.3 98.8
2017-06 98.8 99.4 99.0 97.9
2017-07 98.9 99.2 98.9 97.6
2017-08 99.4 99.1 99.3 98.2
2017-09 99.8 99.6 99.7 99.0
2017-10 100.0 100.2 100.1 99.4
2017-11 101.7 101.1 101.5 100.2
2017-12 102.0 100.9 101.7 100.2
2018-01 102.0 100.3 101.5 100.4
2018-02 102.0 100.6 101.7 99.9
2018-03 102.2 100.7 101.8 100.1
2018-04 101.4 100.6 101.2 100.6
2018-05 102.1 101.3 101.8 102.0
2018-06 102.1 102.0 102.1 102.4
2018-07 102.7 102.2 102.6 102.7
2018-08 103.1 102.3 102.9 102.8
2018-09 103.6 102.5 103.3 103.6
2018-10 103.9 103.0 103.7 104.6
2018-11 104.4 102.5 103.9 102.8
2018-12 103.4 101.7 103.0 101.2
2019-01 103.7 102.3 103.4 101.1
2019-02 104.1 101.7 103.4 101.8

Total Industry price indices

  • Source: INSEE.

FRENCH MARKET: +0.4%

In February 2019, French producer prices in industry for the French market rose again (+0.4% after +0.3%). Manufactured product prices grew by 0.6%, after being stable in January, while the prices of mining and quarrying products, energy and water fell back (–0.4% after +1.2%) . Year on year, French producer prices in industry for the French market accelerated (+2.1% after +1.7%).

Strong rise in prices of refined petroleum products

In the wake of oil prices, the prices of refined petroleum products increased anew in February 2019 (+8.6% after +0.1%), reversing the downward trend noticed in November (–11.8%) and December 2018 (–13.1%). Year on year, the prices of refined petroleum products rebounded sharply (+8.8% after –5.8%).

Producer price indices of coke and refined petroleum products sold on the French market

Producer price indices of coke and refined petroleum products sold on the French 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

Producer price indices of coke and refined petroleum products sold on the French market

  • Source: INSEE.

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

The prices of mining and quarrying products, energy and water fell back in February 2019 (–0.4% after +1.2%). Gas selling prices decreased again (–3.5% after –1.7%), following the decline in regulated fares. Sewerage service prices weakened (–3.3% after +0.4%). Year on year, the prices of mining and quarrying products, energy and water slowed down (+4.3% after +6.0%).

Virtual stability in prices of “other industrial products”

The prices of “other industrial products” were virtually stable in February 2019 (+0.1% just like in January). Basic metal product prices rose anew (+0.7% after 0.0%). On the contrary, those of fabricated metal products (–0.5% in February) have declined since July 2018. After being down for four months in a row, chemical product prices stabilized in February 2019 (+0,1% after –0.6%). Year on year, the prices of “other industrial products” remained up (+1.0% after +1.2%).

Virtual stability in food and beverage prices

In February 2019, food and beverage prices were virtually stable (+0.1% after –0.4%). Year on year, they rose again by 1.0%.

Producer price indices of manufactured products sold on the French market

Producer price indices of manufactured products sold on the French market
C3 C5 C1 C4
2015-01 100.2 100.0 99.8 99.9
2015-02 100.2 99.9 99.9 99.9
2015-03 100.2 100.2 99.8 99.9
2015-04 100.2 100.6 99.9 99.9
2015-05 100.0 100.8 99.9 99.9
2015-06 100.0 100.8 99.9 99.8
2015-07 100.0 100.8 100.2 99.8
2015-08 99.6 100.2 100.5 100.0
2015-09 99.7 99.6 100.3 100.1
2015-10 100.0 99.2 100.2 100.3
2015-11 100.0 99.0 99.9 100.4
2015-12 99.9 98.8 99.7 100.1
2016-01 99.7 98.4 99.3 100.2
2016-02 99.5 98.1 99.1 100.1
2016-03 99.7 97.9 98.6 100.1
2016-04 99.6 98.0 98.5 100.1
2016-05 99.6 98.3 98.4 100.1
2016-06 99.9 98.6 98.5 100.0
2016-07 99.6 98.6 98.9 100.0
2016-08 99.7 98.5 98.8 99.9
2016-09 99.7 98.5 98.8 99.9
2016-10 99.6 98.7 99.1 100.0
2016-11 99.5 98.8 99.2 100.0
2016-12 99.4 99.0 99.2 100.1
2017-01 100.1 99.6 99.2 100.1
2017-02 99.9 100.1 99.6 100.1
2017-03 100.0 100.4 99.8 100.1
2017-04 99.9 100.7 100.1 100.2
2017-05 99.8 100.8 100.1 100.3
2017-06 99.9 100.7 100.4 100.3
2017-07 99.8 100.4 100.4 100.3
2017-08 99.7 100.5 100.6 100.4
2017-09 99.7 100.7 100.5 100.4
2017-10 99.8 101.0 100.4 100.4
2017-11 100.0 100.9 100.3 100.6
2017-12 100.1 101.1 100.4 100.6
2018-01 100.7 101.6 100.0 100.5
2018-02 100.3 101.9 100.1 100.5
2018-03 100.5 102.1 100.4 100.6
2018-04 100.6 102.2 100.1 100.6
2018-05 100.8 102.7 100.2 100.5
2018-06 100.9 102.8 100.1 100.6
2018-07 100.7 102.9 100.4 100.6
2018-08 100.9 103.0 100.6 100.6
2018-09 100.9 103.1 100.7 100.5
2018-10 100.8 103.0 100.7 100.7
2018-11 101.0 102.9 101.1 100.9
2018-12 101.0 102.7 101.4 101.0
2019-01 101.3 102.8 101.0 100.8
2019-02 101.2 102.9 101.1 100.9

Producer price indices of manufactured products sold on the French market

  • Source: INSEE.

FOREIGN MARKETS: –0.6%

In February 2019, the producer prices of French industrial products on foreign markets went down (–0.6% after +0.6%), owing to the sharp fall in electricity selling prices due to the mild temperatures in Europe. Manufactured product prices rose again (+0.3% after +0.2%), especially those of refined petroleum products (+9.4% after +0.5%), in the wake of oil prices. The prices of “other industrial products” remained virtually stable (–0.1% after +0.1%), in spite of the new decrease in fabricated metal product prices (–0.7% after –0.9%) and the fall in chemical product prices (–0.2% after +1.1%). The prices of food and beverage declined sligthlty in February 2019 (–0.2% after +0.5%), especially those of beverages (–0.4% after +1.6%). Year on year, export prices of industrial products slowed down (+1.1% 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, 2008 Weight Feb. 19 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 104.1 0.4 2.1
(DE) Mining and quarrying, energy, water 221 108.9 -0.4 4.3
CZ: Manufactured products 779 102.8 0.6 1.4
   (C1) Food products, beverages, tobacco 201 101.1 0.1 1.0
   (C2) Coke and refined petroleum products 42 118.8 8.6 8.8
   (C3) Electrical & electronic equip., computers, mach. 74 101.2 -0.1 0.9
   (C4) Transport equipment 94 100.9 0.1 0.4
   (C5) Other manufactured products 368 102.9 0.1 1.0
Foreign markets
BE:TOTAL INDUSTRY 1000 101.7 -0.6 1.1
CZ: Manufactured products 981 101.4 0.3 1.3
   (C1) Food products, beverages, tobacco 104 100.7 -0.2 1.6
   (C2) Coke and refined petroleum products 28 112.8 9.4 6.8
   (C3) Electrical & electronic equip., computers, mach. 136 100.5 0.1 1.5
   C4) Transport equipment 293 102.2 0.1 1.9
   (C5) Other manufactured products 420 100.7 -0.1 0.6
All markets
BE:TOTAL INDUSTRY 1000 103.4 0.0 1.7
CZ: Manufactured products 839 102.3 0.4 1.3
   (C1) Food products, beverages, tobacco 172 101.0 0.0 1.1
   (C2) Coke and refined petroleum products 38 117.1 8.7 8.4
   (C3) Electrical & electronic equip., computers, mach. 93 100.9 0.0 1.2
   (C4) Transport equipment 153 101.5 0.1 1.0
   (C5) Other manufactured products 383 102.2 0.0 0.8
  • Source: INSEE.

Import price indices of industrial products: +0.7% in February 2019

In February 2019, the import prices of industrial products recovered (+0.7% after –0.1%), owing to the combined rises in energy and manufactured product prices. In the wake of oil prices, import prices of coke and refined petroleum products sped up (+7.6% after +1.2%), just like those of imported hydrocarbons. Food, beverage and tobacco import prices decreased again (–0.4% after –0.2%). The import prices of “other industrial products” were virtually stable in February 2019 (+0.1% after –0.4%): the rebounds in prices of chemical products (+1.0% after –1.0%) and fabricated metal products (+0.9% after –0.4%), due to the rising prices of some raw materials, were offset by the decrease in others product prices. Year on year, the import prices of industrial products accelerated sharply (+1.9% 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, 2008 Weight Feb. 19 In 1 month In 1 year
BE:TOTAL INDUSTRY 1000 101.8 0.7 1.9
CZ: Manufactured products s 100.9 0.4 1.4
   (C1) Food products, beverages, tobacco 73 102.8 -0.4 1.2
   (C2) Coke and refined petroleum products 38 116.8 7.6 10.9
   (C3) Electrical & electronic equip., computers, mach. 220 98.6 0.0 1.0
   (C4) Transport equipment 187 100.1 0.1 1.0
   (C5) Other manufactured products s 100.5 0.1 0.8
  • s : confidential
  • Source: INSEE.

Revision of variations

In %
Revision of variations (In %)
Nov.18 / Oct.18 Dec.18 / Nov.18 Jan.19 / Dec.18
French producer prices in industry sold on:
   - the French market // +0.1 +0.2
   - the foreign markets // // //
   - all markets // +0.1 +0.2
Import prices of industrial products // // -0.3
  • (1) How to read it: the variation of the producer price index in industry for products sold on the French Market between December 2018 and January 2019 has been revised by +0.2 points: published in February equal to +0.1%, it has been updated to +0.3%.

For further information

Next publication: 30 April 2019 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

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Next publication: 30 April 2019 at 8.45 a.m.

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