Informations rapides
25 October 2019
2019- n° 276
Producer prices in industry grew by 0.3% in September 2019 Industrial Producer and Import Price Indices - September 2019

On all markets (French market and foreign markets), producer prices in industry grew anew in September 2019 (+0.3% after –0.1% in August and +0.4% in July). Prices for foreign markets recovered (+0.5% after –0.2%) whereas those for the French Market were virtually stable (+0.1% after a stability in August). However producer prices in industry kept declining year on year in September 2019 (–0.7% after –0.6%).

Informations rapides
No 276
Paru le :Paru le25/10/2019
Prochaine parution le : 31/07/2025 at 08:45 - June 2025
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Producer prices in French industry: +0.3% in September 2019

On all markets (French market and foreign markets), producer prices in industry grew anew in September 2019 (+0.3% after –0.1% in August and +0.4% in July). Prices for foreign markets recovered (+0.5% after –0.2%) whereas those for the French Market were virtually stable (+0.1% after a stability in August). However producer prices in industry kept declining year on year in September 2019 (–0.7% after –0.6%).

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
2018-12 103.4 101.8 103.0 101.1
2019-01 103.7 102.4 103.4 101.2
2019-02 104.2 101.9 103.5 101.9
2019-03 104.1 101.9 103.5 102.0
2019-04 103.2 102.5 103.1 102.6
2019-05 102.7 102.2 102.6 102.6
2019-06 102.1 101.7 102.0 101.3
2019-07 102.5 101.9 102.4 101.4
2019-08 102.5 101.7 102.3 100.9
2019-09 102.6 102.2 102.6 101.6

Total Industry price indices

  • Source: INSEE.

FRENCH MARKET: +0.1% in September 2019

In September 2019, French producer prices in industry for the French market were virtually stable (+0.1% after a stability in August). Manufactured product prices recovered slightly (+0.2% after –0.3%) whereas those of mining and quarrying products, energy and water stabilized (–0.1% after +1.1%). Year on year, French producer prices in industry for the French market got worse in September 2019 (–1.0% after –0.6%).

Rebound in prices of refined petroleum products

In the wake of oil prices, the prices of refined petroleum products recovered in September 2019 (+5.0% after –5.4%). Year on year, they kept declining (–11.0% after –13.1%).

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
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

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

  • Source: INSEE.

Virtual stability in prices of “other industrial products”

The prices of “other industrial products” were almost stable in September 2019 (–0.1% after a stability in August). Prices in each product family were almost unchanged or a little down, except those of wearing apparel (+0.6%). Basic metal product prices bounced back slightly (–0.2% after +0.3%), mainly those of basic iron and steel and ferro-alloys (–1.2% after +0.2%). Year on year, the prices of “other industrial products” kept declining (–0.6% after –0.4%).

Virtual stability in food and beverage prices

In September 2019, food and beverage prices remained almost stable (–0.1% after a stability in August). Prices of meat and meat products kept growing (+0.3% after +0.7%), due to the high Chinese demand for pork meat following the swine fever crisis. On the contrary, those of bakery products and alimentary pasta fell by 0.6% (after +0.1%). Year on year, food and beverage prices slowed down again in September 2019 (+0.7% after +0.9% and +1.1%).

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
2018-12 101.0 102.6 101.4 101.0
2019-01 101.4 102.7 101.2 100.9
2019-02 101.3 102.8 101.2 101.0
2019-03 101.3 103.0 100.9 101.1
2019-04 101.5 103.1 101.0 101.2
2019-05 101.3 103.1 101.1 101.3
2019-06 101.3 102.8 101.3 101.4
2019-07 101.3 102.6 101.5 101.6
2019-08 101.4 102.6 101.5 101.7
2019-09 101.5 102.5 101.4 101.7

Producer price indices of manufactured products sold on the French market

  • Source: INSEE.

Virtual stability in prices of mining and quarrying products, energy and water

The prices of mining and quarrying products, energy and water were virtually stable in September 2019, after the two previous month rises (+1.1% in August and +1.0% in July). Electricity production and trade prices stabilized (after +2.6%). On the contrary, those of trade services of gas through mains kept declining slightly (–0.5% after –0.7%), following a new fall in regulated rates. Steam and air conditioning supply also decreased (–1.3% after +0.1%). For the first time since December 2016, the prices of mining and quarrying products, energy and water fell back year on year in September 2019 (–1.5% after +0.2%).

FOREIGN MARKETS: +0.5%

The producer prices of French industrial products on foreign markets recovered in September 2019 (+0.5% after –0.2%), owing to the rise in manufactured product prices (+0.5% after –0.1%). Export transport equipment prices grew by 0.6% (after +0.5%), following the appreciation of the dollar against the euro. Export prices of refined petroleum products recovered over one month (+4.6% after –4.7%) in the wake of oil prices but kept decreasing over one year (–10.5% after –12.7%). The export prices of “other industrial products” bounced back slightly (+0.2% after –0.2%), mainly those of chemical products (+0.4% after –0.7%) and pharmaceutical products (+0.7% after –0.1%). Export prices of food and beverages grew slightly (+0.2% after +0.5%). Year on year the producer prices of French industrial products on foreign markets continued to fall in September 2019 (–0.3% after –0.6%).

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 September 19 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 102.6 0.1 -1.0
(DE) Mining and quarrying, energy, water 221 101.8 -0.1 -1.5
CZ: Manufactured products 779 102.9 0.2 -0.8
   (C1) Food products, beverages, tobacco 199 101.4 -0.1 0.7
   (C2) Coke and refined petroleum products 42 121.5 5.0 -11.0
   (C3) Electrical & electronic equip., computers, mach. 74 101.5 0.1 0.6
   (C4) Transport equipment 91 101.7 0.0 1.2
   (C5) Other manufactured products 373 102.5 -0.1 -0.6
Foreign markets
BE:TOTAL INDUSTRY 1000 102.2 0.5 -0.3
CZ: Manufactured products 981 102.2 0.5 0.5
   (C1) Food products, beverages, tobacco 104 101.9 0.2 1.9
   (C2) Coke and refined petroleum products 28 116.2 4.6 -10.5
   (C3) Electrical & electronic equip., computers, mach. 137 100.8 0.2 1.2
   (C4) Transport equipment 297 104.6 0.6 3.1
   (C5) Other manufactured products 415 100.3 0.2 -0.5
All markets
BE:TOTAL INDUSTRY 1000 102.6 0.3 -0.7
CZ: Manufactured products 839 102.7 0.3 -0.4
   (C1) Food products, beverages, tobacco 171 101.5 -0.1 0.9
   (C2) Coke and refined petroleum products 38 119.9 4.9 -10.9
   (C3) Electrical & electronic equip., computers, mach. 93 101.2 0.2 0.9
   (C4) Transport equipment 152 103.2 0.4 2.3
   (C5) Other manufactured products 385 101.8 0.0 -0.6
  • Source: INSEE.

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

In September 2019, the import prices of industrial products recovered sharply (+0.7% after –0.5%), owing to the combined rises in import prices of manufactured products (+0.4% after –0.2%) and hydrocarbons. In the wake of oil prices, import prices for coke and refined petroleum products bounced back (+6.4% after –3.9%). The import prices of “other industrial products” grew slightly (+0.2% after –0.1%), especially those of basic metals (+1.0% after +0.1% in August), following the rises in non-ferrous and precious metal prices. Year over year, the decline in import prices of industrial products kept declining in September 2019 (–1.9% after –1.8% in August).

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 September 19 In 1 month In 1 year
BE:TOTAL INDUSTRY 1000 101.6 0.7 -1.9
CZ: Manufactured products s 101.3 0.4 -0.6
   (C1) Food products, beverages, tobacco 76 103.2 0.2 -0.7
   (C2) Coke and refined petroleum products 38 118.3 6.4 -11.3
   (C3) Electrical & electronic equip., computers, mach. 220 98.5 0.1 0.2
   (C4) Transport equipment 184 101.4 0.0 1.3
   (C5) Other manufactured products s 100.8 0.2 -0.3
  • s: confidential
  • Source: INSEE.

Revision of variations

In %
Revision of variations (In %)
June 19 / May 19 July 19 / June 19 August 19 / July 19
French producer prices in industry sold on:
   - the French market // +0.1 //
   - the foreign markets // // //
   - 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 French Market between July 2019 and August 2019 is unchanged: 0.0% as it was published in September.

For further information

Next publication: 29 November 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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