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Informations Rapides · 28 March 2025 · n° 86
Informations rapidesIn February 2025, the industrial producer prices fell by 0.5% over a month and by 0.4% over a year Industrial Producer and Import Price Indices - February 2025

In February 2025, the overall producer prices in the French industry fell back (-0.5% after +0.8% in January and +0.7% in December). Producer prices fell back for products sold on the French market (-0.8% after +0.6%) and slowed for those intended for the foreign markets (+0.4% after +1.2% in January). Over a year, the French industrial producer prices fell for the twentieth consecutive month (-0.4% after -1.0% in January and -2.5% in December).

Excluding energy, the producer prices in French industry were virtually stable over a month (+0.1% after +0.7% in January), and were up over a year (+1.5% as in January).

Informations rapides
No 86
Paru le :Paru le28/03/2025
Prochaine parution le : 30/04/2025 at 08:45 - March 2025

Total Industry price indices

Total Industry price indices
PPI for all markets PPI for home market PPI for foreign markets Import prices
2025-02 123.1 125.9 116.4 114.5
2025-01 123.7 126.9 115.9 114.3
2024-12 122.7 126.1 114.5 113.4
2024-11 121.8 124.9 114.1 113.2
2024-10 118.2 120.5 112.8 111.8
2024-09 117.1 119.4 112.2 111.3
2024-08 117.4 119.6 112.6 111.9
2024-07 117.4 119.4 112.9 112.5
2024-06 117.2 119.1 113.0 112.1
2024-05 117.4 119.5 112.4 111.3
2024-04 119.0 121.6 112.8 112.3
2024-03 122.4 126.2 113.2 112.1
2024-02 123.6 127.7 113.4 112.5
2024-01 125.0 129.7 113.4 112.5
2023-12 125.9 131.1 112.9 112.6
2023-11 126.1 131.1 113.7 113.7
2023-10 124.2 128.1 114.7 114.9
2023-09 124.5 128.5 114.5 114.7
2023-08 123.7 127.7 113.9 113.2
2023-07 122.6 126.6 112.5 111.8
2023-06 123.0 126.9 113.2 111.9
2023-05 123.9 128.3 112.8 112.8
2023-04 125.7 130.3 114.2 115.6
2023-03 131.0 137.4 115.2 116.7
2023-02 129.5 134.8 116.1 118.6
2023-01 130.5 136.2 116.0 118.5
2022-12 128.3 132.6 117.7 121.3
2022-11 127.2 131.1 117.3 122.5
2022-10 126.7 130.3 117.5 123.2
2022-09 128.2 130.7 122.0 124.9
2022-08 128.0 129.5 124.2 128.8
2022-07 124.8 125.9 122.2 127.1
2022-06 122.2 123.6 118.8 126.3
2022-05 120.3 122.0 116.2 125.8
2022-04 120.2 122.4 114.8 125.3
2022-03 120.2 122.3 115.0 127.0
2022-02 114.6 116.9 108.9 117.4
2022-01 113.9 116.0 108.8 116.4
2021-12 109.6 110.5 107.5 111.7
2021-11 108.0 108.8 106.1 109.7
2021-10 104.6 104.8 104.2 107.3
2021-09 101.8 101.7 102.2 103.9
2021-08 100.2 100.0 100.5 100.9
2021-07 99.0 98.8 99.5 99.8
2021-06 97.7 97.3 98.6 97.7
2021-05 96.4 96.0 97.4 96.2
2021-04 96.1 95.6 97.2 94.6
2021-03 96.4 96.4 96.4 93.7
2021-02 95.5 95.5 95.5 93.0
2021-01 94.6 94.6 94.8 91.5

Total Industry price indices

  • Source: INSEE.

Producer prices in the French industry: -0.5%

In February 2025, the overall producer prices in the French industry fell back (-0.5% after +0.8% in January and +0.7% in December). Producer prices fell back for products sold on the French market (-0.8% after +0.6%) and slowed for those intended for the foreign markets (+0.4% after +1.2% in January). Over a year, the French industrial producer prices fell for the twentieth consecutive month (-0.4% after -1.0% in January and -2.5% in December).

Excluding energy, the producer prices in French industry were virtually stable over a month (+0.1% after +0.7% in January), and were up over a year (+1.5% as in January).

HOME MARKET: -0.8%

In February 2025, the producer prices in the French industry for the home market fell back over a month (-0.8% after +0.6% in January): prices of mining and quarrying products, energy and water decreased (-2.9% after +0.1%), and those of manufactured products were almost stable (+0.1% after +0.8% in January). Over a year, the producer prices in the French industry for the home market fell for the fifteenth consecutive month (-1.4% after -2.2% in January and -3.8% in December).

Lower prices for mining and quarrying products, energy and water and for refined petroleum products

In February 2025, prices of mining and quarrying products, energy and water were down (-2.9% after +0.1% in January and +2.8% in December): they were driven by the fall in electricity prices (-7.0% after -1.1%), due to the annual revision of regulated electricity sales tariffs from 1st February. Over a year, prices of mining and quarrying products, energy and water fell for the fifteenth consecutive month (-6.4% after -9.0%), mainly due to the fall in electricity prices. Prices of refined petroleum products also fell over the month (-2.9% after +8.4% in January): world oil prices fell in February, reinforced by the slight appreciation of the euro against the dollar. Over a year, they fell sharply (-11.5% after -2.3% in January).

Rise in prices of food and beverages

Prices of food and beverages continued to rise in February (+0.5% after +0.7% in January and +0.5% in December). The rise was driven by a rebound in prices for processed and preserved meat (+1.5% after -0.5%): beef prices rose as cattle slaughter fell in France and Europe, while demand from Europe and North Africa remained high. Over a year, food and beverages prices rose by 2.4% (after +1.8% in January).

Rise in prices of “other industrial products”

Prices of “other industrial products” were up over a month (+0.3% as in January), driven by the rebound in prices of metal structures and parts of structures (+2.8% after -2.0%) and perfumes and toilet preparations (+2.8% after -0.7%), partly linked to the end of the sales season. Over a year, prices of “other industrial products” rose by 1.3% (after +1.1%).

French Producer Price Indices of coke and refined petroleum products sold on the home market

French Producer Price Indices of coke and refined petroleum products sold on the home market
Producer price indices of coke and refined petroleum products sold on the French market
2025-02 134.8
2025-01 138.8
2024-12 128.0
2024-11 129.5
2024-10 127.4
2024-09 119.1
2024-08 131.1
2024-07 143.6
2024-06 140.6
2024-05 141.0
2024-04 153.1
2024-03 148.2
2024-02 152.3
2024-01 142.0
2023-12 139.2
2023-11 150.1
2023-10 159.7
2023-09 174.5
2023-08 161.4
2023-07 142.4
2023-06 133.6
2023-05 130.7
2023-04 140.6
2023-03 147.6
2023-02 150.0
2023-01 161.8
2022-12 156.8
2022-11 179.1
2022-10 205.2
2022-09 184.0
2022-08 187.4
2022-07 204.5
2022-06 230.5
2022-05 204.7
2022-04 187.3
2022-03 188.8
2022-02 145.6
2022-01 131.4
2021-12 114.0
2021-11 120.6
2021-10 122.8
2021-09 107.6
2021-08 103.8
2021-07 103.0
2021-06 98.7
2021-05 91.7
2021-04 88.7
2021-03 89.5
2021-02 84.2
2021-01 75.5

French Producer Price Indices of coke and refined petroleum products sold on the home market

  • Source: INSEE.

Stability in prices for electronic equipment and machinery and virtual stability in those of transport equipment

Prices of electronic equipment and machinery were stable over a month (after +0.8% in January). Over a year, they rose by 1.3% (after +1.2% in January).

Transport equipment prices were almost stable over a month (-0.1% after +0.6%) and, over a year, they rose by 0.6% (after +0.8%).

French Producer Price Indices of manufactured products sold on the home market

French Producer Price Indices of manufactured products sold on the home market
C1 C3 C4 C5
2025-02 128.1 115.3 109.0 116.1
2025-01 127.5 115.3 109.1 115.8
2024-12 126.6 114.4 108.5 115.4
2024-11 126.0 114.5 108.5 115.2
2024-10 126.1 114.2 108.3 115.2
2024-09 125.9 114.6 108.3 115.0
2024-08 125.9 114.2 108.3 115.3
2024-07 125.7 114.1 108.4 115.2
2024-06 125.4 113.9 108.3 115.2
2024-05 125.5 113.9 108.5 115.2
2024-04 125.1 113.6 108.5 115.0
2024-03 125.3 113.7 108.5 114.8
2024-02 125.1 113.8 108.4 114.6
2024-01 125.2 113.9 108.2 114.5
2023-12 125.7 113.2 107.9 114.3
2023-11 125.5 113.2 107.9 114.7
2023-10 126.1 113.3 108.1 115.0
2023-09 126.7 113.1 108.7 115.0
2023-08 127.4 112.9 108.6 115.3
2023-07 128.5 113.3 108.5 115.0
2023-06 128.9 113.3 108.0 115.6
2023-05 129.7 113.1 107.4 115.8
2023-04 130.1 112.7 108.0 116.8
2023-03 129.2 112.6 107.8 117.7
2023-02 126.5 112.3 107.1 117.8
2023-01 125.1 111.3 107.2 118.1
2022-12 122.7 109.3 106.8 116.9
2022-11 122.6 109.3 106.3 117.6
2022-10 121.6 109.0 106.1 117.8
2022-09 120.1 108.5 105.4 117.6
2022-08 119.8 108.1 105.0 117.5
2022-07 118.7 107.7 104.4 117.3
2022-06 116.5 107.2 103.9 117.0
2022-05 115.0 106.6 103.5 116.2
2022-04 112.8 106.0 103.1 114.9
2022-03 108.9 105.3 102.7 111.8
2022-02 105.2 104.7 102.1 109.6
2022-01 104.3 103.8 101.9 108.5
2021-12 102.7 102.4 101.4 105.2
2021-11 101.6 101.8 100.9 104.7
2021-10 100.8 101.4 100.8 103.6
2021-09 100.4 100.9 100.4 102.4
2021-08 100.2 100.4 100.1 101.5
2021-07 100.2 100.1 100.1 100.5
2021-06 99.9 99.5 99.7 99.2
2021-05 99.9 99.0 99.5 98.4
2021-04 99.3 98.9 99.3 97.6
2021-03 98.9 98.9 99.3 96.5
2021-02 98.1 98.5 99.3 95.7
2021-01 98.0 98.3 99.2 94.8
  • Legend: C1: Food products, beverages and tobacco products - C3: Electrical, electronic, computer equipments; machinery - C4: Transport equipment - C5: Other industrial products.

French Producer Price Indices of manufactured products sold on the home market

  • Legend: C1: Food products, beverages and tobacco products - C3: Electrical, electronic, computer equipments; machinery - C4: Transport equipment - C5: Other industrial products.
  • Source: INSEE.

FOREIGN MARKETS: +0.4%

In February 2025, the industrial producer prices for foreign markets slowed over a month (+0.4% after +1.2% in January). Prices for manufactured products were stable (after +1.0% in January), and those of mining and quarrying products, energy and water accelerated, in line with the rise in electricity prices on wholesale markets.

Prices of “other industrial products” rose slightly over a month (+0.2% as in January), driven by those of pesticides and other agrochemicals products (+5.3% after +11.7%). Prices for food and beverages slowed over a month (+0.2% after +0.5%).

Prices for transport equipment fell back over a month (-0.3% after +2.2%), as did those for refined petroleum products (-1.7% after +6.4% in January).

Prices for electronic equipment and machinery were virtually stable in February (-0.1% after +0.4%).

Over a year, the industrial producer prices for the foreign markets accelerated (+2.6% in February after +2.2% in January).

French Producer Price Indices in industry according to the market where the products are sold

reference year:2021
French Producer Price Indices in industry according to the market where the products are sold (reference year:2021)
Changes in %
over a month over a year
Levels A 10 and A 17 in CPF rev. 2 Weight February 25 February 25 / January 25 January 25 / December 24 February 25 / February 24 January 25 / January 24
Home market
BE: TOTAL INDUSTRY 725 125.9 -0.8 0.6 -1.4 -2.2
(DE) Mining and quarrying, energy, water 172 145.1 -2.9 0.1 -6.4 -9.0
CZ: Manufactured products 553 119.1 0.1 0.8 0.7 1.0
  (C1) Food products, beverages, tobacco 131 128.1 0.5 0.7 2.4 1.8
  (C2) Coke and refined petroleum products 25 134.8 -2.9 8.4 -11.5 -2.3
  (C3) Electrical & electronic equip., computers, mach. 53 115.3 0.0 0.8 1.3 1.2
  (C4) Transport equipment 98 109.0 -0.1 0.6 0.6 0.8
  (C5) Other manufactured products 247 116.1 0.3 0.3 1.3 1.1
Foreign markets
BE: TOTAL INDUSTRY 275 116.4 0.4 1.2 2.6 2.2
CZ: Manufactured products s 116.6 0.0 1.0 1.2 1.7
  (C1) Food products, beverages, tobacco 28 128.3 0.2 0.5 1.3 1.0
  (C2) Coke and refined petroleum products 7 131.8 -1.7 6.4 -7.4 -0.4
  (C3) Electrical & electronic equip., computers, mach. 39 112.0 -0.1 0.4 0.8 0.8
  (C4) Transport equipment 80 118.3 -0.3 2.2 3.0 3.8
  (C5) Other manufactured products s 113.6 0.2 0.2 0.6 0.8
All markets
BE: TOTAL INDUSTRY 1,000 123.1 -0.5 0.8 -0.4 -1.0
CZ: Manufactured products s 118.2 0.0 0.9 0.9 1.3
  (C1) Food products, beverages, tobacco 158 128.1 0.5 0.6 2.2 1.6
  (C2) Coke and refined petroleum products 32 134.4 -2.6 8.0 -10.6 -1.9
  (C3) Electrical & electronic equip., computers, mach. 92 113.9 0.0 0.5 1.1 1.0
  (C4) Transport equipment 178 113.7 -0.2 1.3 1.7 2.2
  (C5) Other manufactured products s 115.3 0.2 0.3 1.1 1.1
  • s: confidential.
  • Source: INSEE.

Import prices of industrial products: +0.2%

In February 2025, the import prices for industrial products slowed (+0.2% after +0.8% in January). Prices of manufactured products were virtually stable (+0.1% after +0.4% in January), and those of mining and quarrying products, energy and water slowed down.

Prices of “other industrial products” rebounded over a month (+0.5% after -0.5%), driven by those of other organic basic chemicals (+3.7% after +0.2%). Prices of food and beverages slowed over a month (+0.4% after +1.4%).

Prices for refined petroleum products fell in February (-0.7% after +5.8%), as did those of electronic equipment and machinery (-0.2% after +0.3%), dragged down by prices for communication equipment (-0.9% after +1.6%).

Finally, transport equipment prices were virtually stable over a month (+0.1% after +0.2%).

Over a year, the import prices for industrial products accelerated slightly in February 2025 (+1.8% after +1.6% in January).

Import prices of industrial products

reference year: 2021
Import prices of industrial products (reference year: 2021)
Changes in %
over a month over a year
Levels A 10 and A 17 in CPF rev. 2 Weight February 25 February 25 / January 25 January 25 / December 24 February 25 / February 24 January 25 / January 24
BE: TOTAL INDUSTRY 1,000 114.5 0.2 0.8 1.8 1.6
CZ: Manufactured products s 112.5 0.1 0.4 0.4 0.6
  (C1) Food products, beverages, tobacco 73 128.7 0.4 1.4 6.4 6.0
  (C2) Coke and refined petroleum products 44 131.3 -0.7 5.8 -9.3 -3.2
  (C3) Electrical & electronic equip., computers, mach. 218 108.5 -0.2 0.3 0.6 0.5
  (C4) Transport equipment 174 111.9 0.1 0.2 -1.0 -1.5
  (C5) Other manufactured products s 110.1 0.5 -0.5 1.1 0.9
  • s: confidential.
  • Source: INSEE.

Revisions

The evolution of the producer price index in the French industry for the home market between December 2024 and January 2025 has been revised downwards by 0.1 points: published in late February 2025 at +0.7%, it has been reviewed at +0.6%.

Revision of variations

In %
Revision of variations (In %) - How to read it: the evolution of the producer price index in the French industry for the home market between December 2024 and January 2025 has been revised downwards by 0.1 points: published in late February 2025 at +0.7%, it has been reviewed at +0.6%.
January 25 / December 24 December 24 / November 24 November 24 / October 24
French producer prices in industry sold on:
  - the home market -0.1 +0.1 //
  - the foreign markets -0.1 // //
   - all markets -0.1 // //
Import prices of industrial products -0.3 +0.1 //
  • //: unrevised evolution (after rounding).
  • How to read it: the evolution of the producer price index in the French industry for the home market between December 2024 and January 2025 has been revised downwards by 0.1 points: published in late February 2025 at +0.7%, it has been reviewed at +0.6%.
  • Source: INSEE.

For further information

Definition–The producer price indices in industry measure the change of producer prices of goods and services, linked to a given industrial activity and sold on the home market or on the foreign markets. The import price indices of industrial products measure the change of transaction prices of goods and services purchased by economic agents established on French territory to non-resident agents.

Calculation method–They are calculated on the basis of the results of the survey “Observation of prices in industry and services” (OPISE), which is operated by INSEE.

Further information (simplified and detailed methodology notes, classification, etc.) are available in the tab “Documentation” of this publication webpage.

Next publication: 30 April 2025 at 8:45 am.

Pour en savoir plus

Definition–The producer price indices in industry measure the change of producer prices of goods and services, linked to a given industrial activity and sold on the home market or on the foreign markets. The import price indices of industrial products measure the change of transaction prices of goods and services purchased by economic agents established on French territory to non-resident agents.

Calculation method–They are calculated on the basis of the results of the survey “Observation of prices in industry and services” (OPISE), which is operated by INSEE.

Further information (simplified and detailed methodology notes, classification, etc.) are available in the tab “Documentation” of this publication webpage.

Next publication: 30 April 2025 at 8:45 am.

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