Informations Rapides · 28 May 2025 · n° 137

In April 2025, the industrial producer prices fell by 3.9% over a month and by 1.3% over a year Industrial Producer and Import Price Indices - April 2025

In April 2025, the overall producer prices in the French industry intensified (-3.9% after -1.1% in March and stability in February). The fall in producer prices was strongly accentuated for products sold on the French market (-4.3% after -0.5%), and continued for those intended for foreign markets (-2.8% as in March). Over a year, the French industrial producer prices decreased (-1.3% after -0.1% in March and stability in February).

Excluding energy, the producer prices in the French industry fell over a month (-0.3% after +0.1% in March), following six consecutive months of increases, and slowed over a year (+1.2% after +1.6% in March).

In April 2025, the fall in producer prices in the French industry for the home market intensified sharply over a month (-4.3% after -0.5% in March): the drop in prices for mining and quarrying products, energy, and water intensified significantly (-14.7% after -1.2%), and it continued for manufactured products (-0.5% after -0.3% in March). Over a year, the producer prices in the French industry for the home market fell for the seventeenth consecutive month (-0.8% after -0.2% in March and -0.9% in February).

In April 2025, prices of mining and quarrying products, energy and water fell sharply (-14.7% after -1.2% in March and -1.1% in February). This decline was driven by a very clear drop in electricity prices (-24.4% after -2.6%): the seasonal reduction in distribution tariffs was compounded by a drop in wholesale prices due to higher wind and solar power generation, a high availability of nuclear power and a lower demand caused by mild temperatures. Over a year, prices of mining and quarrying products, energy and water fell for the seventeenth consecutive month (-4.5% after -2.1%), mainly reflecting lower electricity prices.

Prices of refined petroleum products continued to fall over a month (-8.4% after -9.3% in March): the decline in world oil prices accelerated in April, and was further reinforced by the euro's appreciation against the dollar, which also intensified over the same period. Over a year, these prices fell sharply (-26.8% after -17.5% in March).

Prices for “other industrial products” fell over a month (-0.4% after +0.1%), driven by a decline in prices for other organic basic chemicals (-8.2% after -0.2%), following lower oil prices. Over a year, prices for “other industrial products” rose by 1.0% (after +1.7% in March).

Prices for electronic equipment and machinery also fell over a month (-0.2% after +0.2%). Over a year, they increased by 1.0% (after +1.1% in March).

Prices of food and beverages slowed down in April (+0.2% after +0.9% in March): the acceleration in prices for processed and preserved meat (+2.7% after +1.2%), against a backdrop of strong demand for beef and pork, was offset by the fall in prices for soft drinks, mineral waters, and other bottled waters (-1.4% after +1.3%). Over a year, food and beverages prices continued to rise (+3.2% after +2.8% in March).

Prices of transport equipment were virtually stable over a month (+0.1% after a stability in March). Over a year, they rose by 0.6% (after +0.5%).

In April 2025, the industrial producer prices for foreign markets continued to fall over a month (-2.8% as in March). Prices for manufactured products continued to fall (-0.8% after -0.7%), and those of mining and quarrying products, energy and water were down more sharply than in March, due to electricity prices.

Transport equipment prices, which are particularly sensitive to the depreciation of the dollar against the euro, fell again (-0.9% after -1.3%).

Prices for refined petroleum products continued to fall strongly in April (-8.5% after -8.0% in March).

The fall in prices of “other industrial products” increased slightly in April (-0.5% after -0.3%), driven by the fall in prices of chemicals and chemical products (-1.4% after -0.1%).

Prices for food and beverages fell over a month (-0.4% after +0.1% in March and +0.2% in February), driven by the further fall in prices for distilled alcoholic beverages (-4.3% after -2.4%).

Prices for electronic equipment and machinery fell in April (-0.4% after -0.1% in March), driven by the fall in prices of other machinery and equipment (-0.5% after -0.2%).

Over a year, the industrial producer prices for the foreign markets fell (-2.4% after +0.1% in March).

In April 2025, the fall in the import prices for industrial products intensified (-2.0% after -1.3% in March). Prices of manufactured products continued to fall (-0.6% after -0.7% in March), and those of mining and quarrying products, energy and water fell more sharply than in March (due to lower prices for crude petroleum and natural gas, liquefied or in gaseous state).

Prices for refined petroleum products continued to fall strongly in April (-8.1% after -8.3%).

Prices for “other industrial products” fell also again over a month (-0.6% after -0.4%), as did those for electronic equipment and machinery (-0.3% as in March).

Prices of food and beverages accelerated over a month (+0.6% after +0.2%), driven by the acceleration in cocoa, chocolate and sugar confectionery prices (+2.2% after +1.2%).

Finally, prices for transport equipment were stable in April, as in March.

Over a year, the import prices for industrial products fell in April 2025 (-1.3% after +0.9% in March).

The evolution of the producer price index in the French industry for the home market between February 2025 and March 2025 has been revised upwards by 0.1 points: published in late April 2025 at -0.6%, it has been reviewed at -0.5%.