30 April 2019
2019- n° 113In March 2019, producer prices in industry were virtually stable (–0.1%) Industrial Producer and Import Price Indices - March 2019
On all markets (French market and foreign markets), producer prices in industry were virtually stable in March 2019 (–0.1% after +0.2% in February 2019). Year on year, they slowed down slightly (+1.6% after +1.8%).
- Producer prices in French industry: –0,1% in March 2019
- FRENCH MARKET: stability in March 2019
- Fall in prices of mining and quarrying products, energy and water
- Further rise in prices of refined petroleum products
- Slight rise in prices of “other industrial products”
- Virtual stability in food and beverage prices
- Slight rise in transport equipment prices
- FOREIGN MARKETS: –0.1%
- Import price indices of industrial products: +0.1% in March 2019
- For further information
Producer prices in French industry: –0,1% in March 2019
On all markets (French market and foreign markets), producer prices in industry were virtually stable in March 2019 (–0.1% after +0.2% in February 2019). Year on year, they slowed down slightly (+1.6% after +1.8%).
tableauTotal 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 | 101.8 | 103.0 | 101.1 |
| 2019-01 | 103.7 | 102.4 | 103.3 | 101.1 |
| 2019-02 | 104.1 | 101.8 | 103.5 | 101.9 |
| 2019-03 | 104.1 | 101.7 | 103.4 | 102.0 |
graphiqueTotal Industry price indices
- Source: INSEE.
FRENCH MARKET: stability in March 2019
In March 2019, French producer prices in industry for the French market were stable (after +0.4% in February). The decline in prices of mining and quarrying products, energy and water was offset by the rise of manufactured product prices (+0.3% after +0.5%). Year on year, French producer prices in industry for the French market grew by 1.9% (after +2.1%).
Fall in prices of mining and quarrying products, energy and water
The prices of mining and quarrying products, energy and water declined by 1.0% in March 2019 (after –0.1% in February). Electricity production and trade prices fell back (–1.8% after +0.2%), especially those on the wholesale market. Gas selling prices decreased for four months in a row (–2.9% after –3.8%). On the contrary, the prices of waste collection, treatment and disposal services and material recovery services bounced back (+1.0% after –0.3%), especially those of sorted material recovery services and secondary raw materials (+2.2%). Year on year, the prices of mining and quarrying products, energy and water slowed down (+3.7% after +4.5%).
Further rise in prices of refined petroleum products
In the wake of oil prices, the prices of refined petroleum products increased again in March 2019 but at a more reduced pace (+3.8% after +8.6%). Year on year, they sped up slightly (+10.8% after +8.8% in February).
tableauProducer 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 |
| 2019-03 | 123.3 |
graphiqueProducer price indices of coke and refined petroleum products sold on the French market
- Source: INSEE.
Slight rise in prices of “other industrial products”
The prices of “other industrial products” increased by 0.2% in March 2019 after remaining virtually stable in January and February. Chemical product prices grew again (+0.7% after +0.3%), in the wake of oil prices. Following the world raw material prices, fabricated metal product prices recovered (+0,4%) after declining for eight months in a raw. Year on year, the prices of “other industrial products” grew by 0.9% like in February.
Virtual stability in food and beverage prices
In March 2019, food and beverage prices were virtually stable (–0.1%), after being stable in February, with contrasting trends. Processed and preserved meat prices grew sharply (+1.4% after +0.2%) owing to pork market tightening, just like those of dairy and cheese products (+0.6% after –0.2%). On the contrary sugar prices plunged (–9.1% after –0.4%) following world exchange rates. The prices of bread, fresh pastry goods and cakes declined again (–0.7% after –0.3%). Year on year, food and beverage prices slowed down (+0.6% after +1.0%).
Slight rise in transport equipment prices
In March 2019, transport equipment prices grew by 0.2% (after +0.1%), especially those of motor vehicles (+0.3% after +0.2%). Year on year, they increased by 0.5% (after +0.4%).
tableauProducer 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 | 102.6 | 101.4 | 101.0 |
| 2019-01 | 101.4 | 102.7 | 101.1 | 100.8 |
| 2019-02 | 101.3 | 102.8 | 101.1 | 100.9 |
| 2019-03 | 101.3 | 103.0 | 101.0 | 101.1 |
graphiqueProducer price indices of manufactured products sold on the French market
- Source: INSEE.
FOREIGN MARKETS: –0.1%
In March 2019, the producer prices of French industrial products on foreign markets were virtually stable (–0.1% after –0.6%). The rise in manufactured product prices (+0.2%) was offset by the sharp fall in electricity selling prices. Refined petroleum product export prices went up in March 2019 (+3.4%), in the wake of oil prices, and sped up sharply year on year (+10.4% after +6.9%). The export prices of “other industrial products” remained virtually stable (+0.1% after –0.1%) and grew by 0.6% in a year (+0.7% in February). The export prices of fabricated metal products bounced back (+0.4%) after being down for three months in a raw, just like those of chemical products (+0.2% after –0.2%) following the raw material prices. On the contrary pharmaceutical product export prices decreased slightly (–0.2% after –0.1% in February). Food and beverage export prices grew by 0.3% in a month (after –0.1%) and 1.9% in a year (after +1.7%). Year on year, export prices of industrial products slowed down (+1.0% after +1.2%).
tableauFrench Producer Price Indices in industry according to the market where the products are sold
| Change in % | ||||
|---|---|---|---|---|
| Levels A 10 and A 17 in CPF rev. 2, 2008 | Weight | March 19 | In 1 month | In 1 year |
| French market | ||||
| BE:TOTAL INDUSTRY | 1000 | 104.1 | 0.0 | 1.9 |
| (DE) Mining and quarrying, energy, water | 221 | 108.0 | -1.0 | 3.7 |
| CZ: Manufactured products | 779 | 103.0 | 0.3 | 1.3 |
| (C1) Food products, beverages, tobacco | 201 | 101.0 | -0.1 | 0.6 |
| (C2) Coke and refined petroleum products | 42 | 123.3 | 3.8 | 10.8 |
| (C3) Electrical & electronic equip., computers, mach. | 74 | 101.3 | 0.0 | 0.8 |
| (C4) Transport equipment | 94 | 101.1 | 0.2 | 0.5 |
| (C5) Other manufactured products | 368 | 103.0 | 0.2 | 0.9 |
| Foreign markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 101.7 | -0.1 | 1.0 |
| CZ: Manufactured products | 981 | 101.7 | 0.2 | 1.5 |
| (C1) Food products, beverages, tobacco | 104 | 101.1 | 0.3 | 1.9 |
| (C2) Coke and refined petroleum products | 28 | 116.7 | 3.4 | 10.4 |
| (C3) Electrical & electronic equip., computers, mach. | 136 | 100.6 | 0.1 | 1.3 |
| C4) Transport equipment | 293 | 102.5 | 0.2 | 2.1 |
| (C5) Other manufactured products | 420 | 100.9 | 0.1 | 0.6 |
| All markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 103.4 | -0.1 | 1.6 |
| CZ: Manufactured products | 839 | 102.7 | 0.3 | 1.4 |
| (C1) Food products, beverages, tobacco | 172 | 101.1 | 0.0 | 0.9 |
| (C2) Coke and refined petroleum products | 38 | 121.5 | 3.8 | 10.8 |
| (C3) Electrical & electronic equip., computers, mach. | 93 | 101.0 | 0.1 | 1.0 |
| (C4) Transport equipment | 153 | 101.7 | 0.2 | 1.2 |
| (C5) Other manufactured products | 383 | 102.4 | 0.2 | 0.9 |
- Source: INSEE.
Import price indices of industrial products: +0.1% in March 2019
In March 2019, the import prices of industrial products were virtually stable (+0.1% after +0.8%). The prices of mining and quarrying products, energy and water fell back: the rise in crude petroleum import prices was not offset by the sharp falls in gas and electricity import prices. Manufactured import prices remained growing by 0.4% and sped up slightly year on year (+1.6% after +1.4%). In the wake of oil prices, import prices of coke and refined petroleum products increased (+2.4%) and rose by 11.0% year on year (after +10.9%). Transport equipment import prices grew by 0.5% (after +0.2%), especially those of motor vehicles accessories (+2,3% after –0,2%). Import prices of electrical and electronic equipments, computers and machines rose by 0.3% after remaining stable for three months in a raw and increased by 1.3% year in year. The import prices of “other industrial products” remained virtually stable in March 2019 (+0.1% like in February). Following the raw material prices, chemical product prices remained up (+0.7 after +1.1%), like those of basic metals (+0.7 after +1.2%). On the contrary, wearing apparel import prices remained low (–0.8% like in February). Beverage and tobacco import prices were virtually stable in March 2019 (+0.1% after –0.2%), in spite of the growth in tobacco products prices (+1.9%), and slowed down year on year (+0.9% after +1.4%). Year on year, the import prices of industrial products remained dynamic (+1.9% after +2.0%).
tableauImport prices of industrial products
| Change in % | ||||
|---|---|---|---|---|
| Levels A 10 and A 17 in CPF rev. 2, 2008 | Weight | March 19 | In 1 month | In 1 year |
| BE:TOTAL INDUSTRY | 1000 | 102.0 | 0.1 | 1.9 |
| CZ: Manufactured products | s | 101.3 | 0.4 | 1.6 |
| (C1) Food products, beverages, tobacco | 73 | 103.1 | 0.1 | 0.9 |
| (C2) Coke and refined petroleum products | 38 | 119.6 | 2.4 | 11.0 |
| (C3) Electrical & electronic equip., computers, mach. | 220 | 98.9 | 0.3 | 1.3 |
| (C4) Transport equipment | 187 | 100.6 | 0.5 | 1.5 |
| (C5) Other manufactured products | s | 100.7 | 0.1 | 0.9 |
- s : confidential
- Source: INSEE.
tableauRevision of variations
| Dec.18 / Nov.18 | Jan.19 / Dec.18 | Feb.19 / Jan.19 | |
|---|---|---|---|
| French producer prices in industry sold on: | |||
| - the French market | // | // | // |
| - the foreign markets | +0.1 | // | // |
| - all markets | // | -0.1 | +0.2 |
| Import prices of industrial products | -0.1 | +0.1 | +0.1 |
- (1) How to read it: the variation of the producer price index in industry for products sold on the French Market between January 2019 and February 2019 is unchanged: +0.4% as it was published in March.
For further information
Next publication: 29 May 2019 at 8.45 a.m.
Pour en savoir plus
Next publication: 29 May 2019 at 8.45 a.m.
