Informations rapides
29 November 2019
2019- n° 310
Producer prices in industry were virtually stable in October 2019 (–0.1%) Industrial Producer and Import Price Indices - October 2019

On all markets (French market and foreign markets), producer prices in industry were virtually stable in October 2019 (–0.1% after +0.2%). The stability involved both prices for the French Market (–0.1% after a stability) and for foreign markets (stability after +0.6%). Year on year, producer prices in industry kept declining in October 2019 (–1.2% after –0.7%).

Informations rapides
No 310
Paru le :Paru le29/11/2019
Prochaine parution le : 31/07/2025 at 08:45 - June 2025
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In November, the platform on which companies answer business surveys has been unavailable for a few days. Therefore, the results presented here might be more revised than usually in the next publication, which will take into account the answers delivered late.

Producer prices in French industry: –0.1% in October 2019

On all markets (French market and foreign markets), producer prices in industry were virtually stable in October 2019 (–0.1% after +0.2%). The stability involved both prices for the French Market (–0.1% after a stability) and for foreign markets (stability after +0.6%). Year on year, producer prices in industry kept declining in October 2019 (–1.2% after –0.7%).

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
2019-07 102.5 102.0 102.4 101.4
2019-08 102.5 101.9 102.4 100.9
2019-09 102.5 102.5 102.6 101.6
2019-10 102.4 102.5 102.5 101.5

Total Industry price indices

  • Source: INSEE.

FRENCH MARKET: –0.1% in October 2019

French producer prices in industry for the French market have been almost unchanged since August 2019 (–0.1% in October after two consecutive months of stability). Manufactured product prices fell back slightly (–0.2% after +0.3%) whereas those of mining and quarrying products, energy and water stabilized (+0.1% after –0.6%). Year on year, French producer prices in industry for the French market got worse in October 2019 (–1.4% after –1.1% in September and –0.6% in August).

Backlash in prices of refined petroleum products

In the wake of oil prices, the prices of refined petroleum products fell back in October 2019 (–3.1% after +5.0%). Year on year, they shrank (–17.5% after –11.0%).

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
2019-10 117.7

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

  • Source: INSEE.

Slight decrease in prices of “other industrial products”

The prices of “other industrial products” kept declining in October 2019 (–0.2% as in September). Chemical product prices decreased significantly (–0.9% after a stability), following the fall in raw material costs. Besides, basic metal product prices kept declining (–0.4% after –0.2%), driven down by those of basic iron and steel and ferro-alloys (–1.5% after –1.2%). On the contrary, the prices of printing and recording services recovered (+0.6% after –1.0%). Year on year, the prices of “other industrial products” decreased by 0.8% (after –0.7%).

Rise in food and beverage prices

In October 2019, food and beverage prices went up again (+0.3% after two months of stability). Prices of meat and meat products sped up sharply (+1.5% after +0.4%), due to the persistent surge in pork meat prices in the context of the swine fever crisis. Sugar prices strengthened significantly (+6.4% after +0.4%), following a recovery on international prices. Year on year, food and beverage prices sped up slightly in October 2019 (+1.1% after +0.8%).

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
2019-09 101.6 102.4 101.5 101.8
2019-10 101.5 102.2 101.8 101.9

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 October 2019 (+0.1% after –0.6%). Seasonally, the producer prices of electricity, gas, steam and air conditioning supply recovered (+0.9% after –0.8%), in each energy. On the contrary, those of collection, treatment and disposal services and materials recovery services plummeted (–3.6% after –0.1%), following the fall of raw material prices. Year on year, the prices of mining and quarrying products, energy and water kept declining in October 2019 (–1.8% after –1.7%).

FOREIGN MARKETS: stability in October 2019

The producer prices of French industrial products on foreign markets stabilized in October 2019 (after +0.6%), especially those of manufactured products (–0.1% after +0.6%).

The export prices of “other industrial products” went down again (–0.5% after +0.2% in September), mainly those of chemical products (–1.0% after +0.4%) and basic metals (–1.2% after +0.3%).

Export prices of refined petroleum products fell back slightly over one month (–0.6% after +4.4%) and plummeted over one year (–13.2% after –10.5%).

On the contrary, export transport equipment prices grew by 0.3% over one month (after +1.1%) and by 4.1% over one year (as in September).

Year on year, the producer prices of French industrial products on foreign markets decreased by 0.5% in October 2019 (after a stability in September).

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 October 19 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 102.4 -0.1 -1.4
(DE) Mining and quarrying, energy, water 221 101.6 0.1 -1.8
CZ: Manufactured products 779 102.7 -0.2 -1.3
   (C1) Food products, beverages, tobacco 199 101.8 0.3 1.1
   (C2) Coke and refined petroleum products 42 117.7 -3.1 -17.5
   (C3) Electrical & electronic equip., computers, mach. 74 101.5 -0.1 0.7
   (C4) Transport equipment 91 101.9 0.1 1.2
   (C5) Other manufactured products 373 102.2 -0.2 -0.8
Foreign markets
BE:TOTAL INDUSTRY 1000 102.5 0.0 -0.5
CZ: Manufactured products 981 102.4 -0.1 0.4
   (C1) Food products, beverages, tobacco 104 102.0 0.1 1.9
   (C2) Coke and refined petroleum products 28 115.5 -0.6 -13.2
   (C3) Electrical & electronic equip., computers, mach. 137 100.8 -0.1 1.1
   (C4) Transport equipment 297 106.0 0.3 4.1
   (C5) Other manufactured products 415 99.7 -0.5 -1.3
All markets
BE:TOTAL INDUSTRY 1000 102.5 -0.1 -1.2
CZ: Manufactured products 839 102.6 -0.2 -0.9
   (C1) Food products, beverages, tobacco 171 101.8 0.3 1.2
   (C2) Coke and refined petroleum products 38 116.8 -2.6 -16.6
   (C3) Electrical & electronic equip., computers, mach. 93 101.2 -0.1 0.9
   (C4) Transport equipment 152 104.1 0.2 3.0
   (C5) Other manufactured products 385 101.4 -0.3 -1.0
  • Source: INSEE.

Import price indices of industrial products: –0.1% in October 2019

In October 2019, the import prices of industrial products were virtually stable (–0.1% after +0.7%), especially those of manufactured products (–0.1% after +0.4%).

The import prices of “other industrial products” were almost unchanged over one month (–0.1% after +0.2%) and decreased at a faster pace over one year (–0.8% after –0.3%).

In the wake of oil prices, import prices for coke and refined petroleum products fell by 1.3% over one month (after +6.5%) and by 16.0% over one year (after –11.3%).

Year over year, the decline in import prices of industrial products amplified in October 2019 (–3.0% after –1.9% in September).

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 October 19 In 1 month In 1 year
BE:TOTAL INDUSTRY 1000 101.5 -0.1 -3.0
CZ: Manufactured products s 101.2 -0.1 -1.1
   (C1) Food products, beverages, tobacco 76 102.5 -0.3 -0.9
   (C2) Coke and refined petroleum products 38 116.8 -1.3 -16.0
   (C3) Electrical & electronic equip., computers, mach. 220 98.6 0.0 0.2
   (C4) Transport equipment 184 101.4 0.0 1.2
   (C5) Other manufactured products s 100.7 -0.1 -0.8
  • s: confidential
  • Source: INSEE.

Revision of variations

In %
Revision of variations (In %)
July 19 / June 19 August 19 / July 19 Sept. 19 / August 19
French producer prices in industry sold on:
   - the French market // // -0.1
   - the foreign markets +0.1 +0.1 +0.1
   - all markets // +0.1 -0.1
Import prices of industrial products // // //
  • (1) How to read it: the variation of the producer price index in industry for products sold on the French Market between August 2019 and September 2019 has been revised by -0.1 points: published in October 2019 equal to +0.1%, it has been updated to +0.0%.

For further information

Next publication: 20 December 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: 20 December 2019 at 8.45 a.m.

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