Informations rapides
30 September 2020
2020- n° 252
In August 2020, the producer prices in French industry stabilized over a month and decreased by 2.1% over a year Industrial Producer and Import Price Indices - August 2020

The producer prices in French industry stabilized in August 2020 (after +0.4% in July): those for the French market were virtually stable (+0.1% after +0.4%) while those for the foreign markets fell slightly (–0.3% after +0.4%). Year on year, the producer prices in French industry kept decreasing by 2.1% in August 2020 (like in the previous month).

Informations rapides
No 252
Paru le :Paru le30/09/2020
Prochaine parution le : 30/04/2024 at 08:45 - March 2024
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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
2019-08 102.6 101.8 102.4 100.8
2019-09 102.7 102.4 102.7 101.6
2019-10 102.5 102.4 102.5 101.5
2019-11 103.9 102.7 103.6 101.6
2019-12 104.0 102.9 103.7 101.9
2020-01 103.8 102.8 103.6 101.5
2020-02 103.1 102.5 103.0 100.6
2020-03 101.5 101.2 101.5 97.2
2020-04 98.7 100.3 99.3 95.0
2020-05 98.7 100.0 99.2 95.2
2020-06 99.5 100.3 99.8 96.7
2020-07 99.9 100.7 100.2 97.4
2020-08 100.0 100.4 100.2 97.3

Total Industry price indices

  • Source: INSEE.

Producer prices in French industry: stability in August 2020

The producer prices in French industry stabilized in August 2020 (after +0.4% in July): those for the French market were virtually stable (+0.1% after +0.4%) while those for the foreign markets fell slightly (–0.3% after +0.4%). Year on year, the producer prices in French industry kept decreasing by 2.1% in August 2020 (like in the previous month).

FRENCH MARKET: +0.1%

The French producer prices in industry for the French market were virtually stable in August 2020 (+0.1% after +0.4%): the rise in the prices of mining and quarrying products, energy and water was almost offset by the fall in those of manufactured products (–0.2% after +0.3%). Year on year, the French producer prices in industry for the French market declined by 2.5% in August 2020 (like in the previous month).

New rise in prices of mining and quarrying products, energy and water

In August 2020, the prices of mining and quarrying products, energy and water kept growing (+0.8% after +0.9%), driven up by the prices of electricity, gas, steam and air conditioning (+1.2% after +1.3%). The prices of electricity production and trade increased in particular by 1.3% (after +2.1%), as a result of a rising demand and limited means of production. The prices of trade services of gas through mains rebounded also by 1.7% (after –0.5%), following a rise in regulated rates. Year on year, the decline in prices of mining and quarrying products, energy and water strengthened in August 2020 (–2.6% after –2.0%).

Moderate fall in refined petroleum product prices

In the wake of oil prices, the prices of refined petroleum products fell back slightly in August 2020 over a month (–3.0% after +8.8%) and remained sharply down over a year (–33.9% after –35.5%).

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
2019-10 117.6
2019-11 117.0
2019-12 119.6
2020-01 117.8
2020-02 107.7
2020-03 70.0
2020-04 46.4
2020-05 57.0
2020-06 72.5
2020-07 78.9
2020-08 76.5

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

  • Source: INSEE.

Fall in food and beverage prices

In August 2020, the food and beverage prices decreased by 0.3% over a month (after +0.1%), especially those of meat and meat products (–0.7% after +0.1%). Year on year, the food and beverage prices fell by 0.3% (after +0.1%), breaking with the upward trend observed since September 2018.

Stability in prices of the “other industrial products”

In August 2020, the prices of the “other industrial products” were stable (like in the previous month). The chemical product prices decreased slightly (–0.4% after +1.0%). On the contrary, those of rubber and plastics products recovered (+0.5% after –0.5%). Year on year, the prices of the “other industrial products” decreased by 1.9% in August 2020 (like in the previous month).

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
2019-08 101.4 102.6 101.6 101.6
2019-09 101.7 102.5 101.5 101.7
2019-10 101.8 102.3 101.8 102.1
2019-11 101.8 102.0 102.1 102.3
2019-12 101.8 101.9 102.5 102.7
2020-01 102.0 101.8 102.2 102.8
2020-02 102.3 101.6 102.2 102.9
2020-03 102.0 101.1 102.3 102.9
2020-04 101.9 100.7 102.0 103.1
2020-05 102.1 100.4 101.7 103.2
2020-06 102.0 100.7 101.5 103.6
2020-07 102.0 100.7 101.6 103.6
2020-08 102.1 100.7 101.3 103.5

Producer price indices of manufactured products sold on the French market

  • Source: INSEE.

FOREIGN MARKETS: –0.3%

In August 2020, the producer prices of French industrial products for foreign markets fell by 0.3% (after +0.4%), driven down by the prices of manufactured products (–0.3% after +0.1%). Year on year, they declined by 1.4% (after –1.3%).

The export prices of transport equipment kept declining in August 2020 over a month (–1.3% after –0.6%), mainly those of aeronautics. Year on year, they decelerated sharply (+0.7% after +2.6%).

The export prices of refined petroleum products slowed down in August 2020 over a month (+8.4% after +14.7%) and kept declining strongly over a year (–31.6% after –39.8%).

In August 2020, the export prices of food products and beverages fell again (–0.3% after –0.4%), especially those of beverages (–0.6% after –1.0%) and those of meat and meat products (–1.1% after –1.2%). Year on year, the prices of food products and beverages fell back also when they are sold on the foreign markets (–0.6% after +0.2%).

At last, the export prices of the “other industrial products” stabilized in August 2020 (after +0.3%). The prices of chemical products grew slightly (+0.6% after +2.4%), like those of basic metals (+0.3% after –1.0%) while the prices of pharmaceutical products kept decreasing (–1.0% after –0.4%). Year on year, the export prices of the “other industrial products” decreased by 1.9% (after –2.2%).

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 August 20 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 100.0 0.1 -2.5
(DE) Mining and quarrying, energy, water 232 99.8 0.8 -2.6
CZ: Manufactured products 768 100.1 -0.2 -2.4
  (C1) Food products, beverages, tobacco 205 101.3 -0.3 -0.3
  (C2) Coke and refined petroleum products 37 76.5 -3.0 -33.9
  (C3) Electrical & electronic equip., computers, mach. 74 102.1 0.1 0.7
  (C4) Transport equipment 99 103.5 -0.1 1.9
  (C5) Other manufactured products 353 100.7 0.0 -1.9
Foreign markets
BE:TOTAL INDUSTRY 1000 100.4 -0.3 -1.4
CZ: Manufactured products 980 100.3 -0.3 -1.5
  (C1) Food products, beverages, tobacco 86 101.2 -0.3 -0.6
  (C2) Coke and refined petroleum products 25 76.1 8.4 -31.6
  (C3) Electrical & electronic equip., computers, mach. 132 100.6 -0.1 0.1
  (C4) Transport equipment 297 105.1 -1.3 0.7
  (C5) Other manufactured products 440 98.1 0.0 -1.9
All markets
BE:TOTAL INDUSTRY 1000 100.2 0.0 -2.1
CZ: Manufactured products 833 100.3 -0.2 -2.1
  (C1) Food products, beverages, tobacco 168 101.3 -0.3 -0.3
  (C2) Coke and refined petroleum products 33 76.2 -0.7 -33.4
  (C3) Electrical & electronic equip., computers, mach. 92 101.4 0.0 0.4
  (C4) Transport equipment 160 104.3 -0.8 1.2
  (C5) Other manufactured products 380 99.9 0.1 -1.9
  • Source: INSEE.

Import price indices of industrial products: –0.1%

The import prices of industrial products stabilized in August 2020 (–0.1% after +0.7% in the previous month). The import prices of manufactured products fell slightly (–0.2% after +0.3%) while those of hydrocarbons increased moderately. Year on year, the import prices of industrial products declined by 3.5% (after –3.9% in the previous month).

In August 2020, the import prices for coke and refined petroleum products fell back over a month (–3.5% after +8.6%) and declined by 35.4% over a year (after –35.7%).

The import prices of transport equipment declined by 0.5% in August 2020 (after a stability in the previous month), mainly those of motor vehicles (–0.9% after +0.2%). Year on year, the import prices of transport equipment slowed down sharply (+0.2% after +0.7%).

The import prices of “other industrial products” remained virtually stable in August 2020 (+0.1% like in the two previous month). The import wearing apparel prices grew again (+1.6% after +2.4%), due to the renewal of collections. On the contrary, the import prices of chemical products remained down (–0.5% after –0.4%). Year on year, the import prices of “other industrial products” declined by 1.5% (after –1.7%).

At last, the import prices of food, beverages and tobacco decreased in August by 0.3% over a month (after +0.4%) and by 0.4% over a year (like in the previous month).

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 August 20 In 1 month In 1 year
BE:TOTAL INDUSTRY 1000 97.3 -0.1 -3.5
CZ: Manufactured products s 98.7 -0.2 -2.2
  (C1) Food products, beverages, tobacco 75 102.3 -0.3 -0.4
  (C2) Coke and refined petroleum products 36 71.8 -3.5 -35.4
  (C3) Electrical & electronic equip., computers, mach. 226 98.4 0.0 -0.2
  (C4) Transport equipment 188 101.6 -0.5 0.2
  (C5) Other manufactured products s 99.1 0.1 -1.5
  • s: confidential
  • Source: INSEE.

Revision of variations

In %
Revision of variations (In %)
May 20 / Apr. 20 June 20 / May 20 July 20 / June 20
French producer prices in industry sold on:
  - the French market // +0.1 //
  - the foreign markets // // -0.1
  - all markets // // //
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 June 2020 and July 2020 is unchanged: +0.4% as it was published in August 2020.

For further information

Next publication: 27 October 2020 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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