Informations Rapides ·
26 February 2026 · n° 50
In Q4 2025, services producer prices fell by 0.3% over a quarter and rose by 0.7%
over a year Services producer price indices - fourth quarter 2025
In the fourth quarter of 2025, producer prices of services fell back over a quarter (-0.3% after +0.3% in the third quarter). Prices of services sold to home businesses rose slightly (+0.2% after -0.1%). Prices of services sold to households in France decreased (-1.3% after +1.5%) as did those for services sold on foreign markets (-0.8% after -0.3%).
Over a year, overall producer prices of services accelerated slightly in the fourth quarter of 2025 (+0.7% after +0.5% in the third quarter and +1.0% in the second quarter), after four quarters of slowdown.
- All markets: -0.3%
- Services sold to home businesses: +0.2%
- Rise in prices of information and communication services and accommodation and food services
- Rise in prices of professional, scientific and technical activities and administrative and support service activities
- Downturn in prices for transportation and storage services and for real estate activities
- Services sold to households in France: -1.3%
- Services sold on foreign markets: -0.8%
- Revisions
- For further information
tableauProducer price indices for all services
| All markets | Home businesses | Households in France | Export | |
|---|---|---|---|---|
| 2025-Q4 | 110.2 | 111.4 | 110.9 | 102.0 |
| 2025-Q3 | 110.5 | 111.2 | 112.4 | 102.8 |
| 2025-Q2 | 110.2 | 111.3 | 110.7 | 103.1 |
| 2025-Q1 | 109.4 | 110.5 | 109.0 | 104.3 |
| 2024-Q4 | 109.4 | 110.3 | 109.1 | 105.1 |
| 2024-Q3 | 110.0 | 110.1 | 110.8 | 107.2 |
| 2024-Q2 | 109.1 | 110.0 | 109.2 | 103.9 |
| 2024-Q1 | 107.4 | 108.5 | 107.2 | 101.4 |
| 2023-Q4 | 106.6 | 107.9 | 106.9 | 99.2 |
| 2023-Q3 | 106.8 | 107.4 | 108.3 | 100.4 |
| 2023-Q2 | 106.5 | 107.2 | 107.6 | 100.6 |
| 2023-Q1 | 105.2 | 105.9 | 105.7 | 100.5 |
| 2022-Q4 | 105.1 | 105.2 | 105.0 | 104.7 |
| 2022-Q3 | 105.8 | 104.5 | 106.3 | 111.8 |
| 2022-Q2 | 104.4 | 103.7 | 103.5 | 110.4 |
| 2022-Q1 | 102.1 | 101.8 | 101.0 | 106.2 |
| 2021-Q4 | 101.4 | 101.0 | 100.7 | 104.8 |
| 2021-Q3 | 100.9 | 100.2 | 101.5 | 103.2 |
| 2021-Q2 | 99.3 | 99.6 | 99.3 | 97.6 |
| 2021-Q1 | 98.5 | 99.2 | 98.5 | 94.3 |
graphiqueProducer price indices for all services
- Source: INSEE.
All markets: -0.3%
In the fourth quarter of 2025, producer prices of services fell back over a quarter (-0.3% after +0.3% in the third quarter). Prices of services sold to home businesses rose slightly (+0.2% after -0.1%). Prices of services sold to households in France decreased (-1.3% after +1.5%) as did those for services sold on foreign markets (-0.8% after -0.3%).
Over a year, overall producer prices of services accelerated slightly in the fourth quarter of 2025 (+0.7% after +0.5% in the third quarter and +1.0% in the second quarter), after four quarters of slowdown.
tableauServices producer price indices for all markets (BtoAll*), by section
| French classification of activities – NAF rév. 2 | Weight | Indices | Change in % | |
|---|---|---|---|---|
| 2025 Q4 | Q/Q-1 | Q/Q-4 | ||
| All services | 1,000 | 110.2 | -0.3 | 0.7 |
| H: transportation and storage services | 191 | 109.7 | -1.5 | -1.3 |
| I: accommodation and food service activities | 96 | 117.7 | -2.1 | 2.3 |
| J: information and communication services | 213 | 104.4 | 0.8 | 0.7 |
| L: real estate activities | 136 | 110.7 | -0.2 | 1.7 |
| M: professional, scientific and technical activities | 182 | 109.1 | 0.3 | 0.9 |
| N: administrative and support service activities | 173 | 114.1 | 0.2 | 1.2 |
- *BtoAll: business to all
- The sector S "Other services" is not displayed due to its low economic weight.
- Source: INSEE.
Services sold to home businesses: +0.2%
In the fourth quarter of 2025, producer prices of services sold to home businesses rose slightly over a quarter (+0.2% after -0.1%) and continued to rise over a year (+1.0% after +1.0%).
tableauServices producer price indices: services sold to home businesses (BtoB*), by section
| French classification of activities – NAF rév. 2 | Weight | Indices | Change in % | |
|---|---|---|---|---|
| 2025 Q4 | Q/Q-1 | Q/Q-4 | ||
| All services | 1,000 | 111.4 | 0.2 | 1.0 |
| H: transportation and storage services | 172 | 113.8 | -0.4 | 1.3 |
| I: accommodation and food service activities | 34 | 120.7 | 0.7 | 2.6 |
| J: information and communication services | 251 | 106.2 | 0.8 | 0.6 |
| L: real estate activities | 102 | 114.0 | -0.8 | 1.2 |
| M: professional, scientific and technical activities | 211 | 109.1 | 0.2 | 0.6 |
| N: administrative and support service activities | 220 | 114.0 | 0.3 | 1.4 |
- *BtoB: business to business
- The sector S "Other services" is not displayed due to its low economic weight.
- Source: INSEE.
Rise in prices of information and communication services and accommodation and food services
In the fourth quarter of 2025, prices of information and communication services rebounded over a quarter (+0.8% after -0.4%), under the influence, notably, of rising prices of motion picture, video and television programme production services (+1.1% after +0.2%). Over a year, prices of information and communication services slowed down slightly (+0.6% after +0.8%).
In the fourth quarter of 2025, prices of accommodation and food services rebounded sharply over a quarter (+0.7% after -0.6%) due to seasonal increases in prices of hotel and similar accommodation services (+0.9% after -3.3%). Over a year, prices of accommodation and food services also rebounded (+2.6% after -1.6%).
Rise in prices of professional, scientific and technical activities and administrative and support service activities
In the fourth quarter of 2025, prices of professional, scientific and technical rose slightly again over a quarter (+0.2% as in the third quarter), as a result of a sharp rebound in prices of media representation services (+8.1% after -7.2%). Over a year, prices of professional, scientific and technical services deccelerated (+0.6% after +1.0%).
In the fourth quarter of 2025, prices of administrative and support services rebounded (+0.3% after -0.1%), due in particular of the rise in the prices of rental and leasing services of cars and light motor vehicles (+2.7% after +0.7%). Over a year, prices of administrative and support services slowed down (+1.4% after +1.7%).
Downturn in prices for transportation and storage services and for real estate activities
In the fourth quarter of 2025, prices of transportation and storage services fell back (-0.4% after +0.2%). Over a year, prices for real estate activities accelerated (+1.3% after +0.5% in the third quarter).
In the fourth quarter of 2025, prices of real estate activitiesfell back over a quarter (-0.8% after +0.2%) driven notably by the fall in prices of renting and operating services of own or leased real estate (-0.8% after stability). Over a year, prices of real estate activities decelerated (+1.2% after +2.5%).
tableauProducer price indices of services sold to French businesses
| H: transp. and storage | I: accommod. and food | J: info. and comm. | L: real estate act. | M: prof., scient. and tech. | N: adm. and support | |
|---|---|---|---|---|---|---|
| 2025-Q4 | 113.8 | 120.7 | 106.2 | 114.0 | 109.1 | 114.0 |
| 2025-Q3 | 114.2 | 119.9 | 105.4 | 114.9 | 108.9 | 113.7 |
| 2025-Q2 | 114.0 | 120.6 | 105.8 | 114.7 | 108.7 | 113.8 |
| 2025-Q1 | 113.3 | 115.4 | 105.0 | 113.9 | 108.6 | 112.9 |
| 2024-Q4 | 112.3 | 117.6 | 105.6 | 112.7 | 108.4 | 112.4 |
| 2024-Q3 | 113.6 | 121.9 | 104.6 | 112.1 | 107.8 | 111.8 |
| 2024-Q2 | 112.8 | 117.9 | 105.2 | 111.5 | 107.9 | 112.0 |
| 2024-Q1 | 111.3 | 114.2 | 103.4 | 109.9 | 107.0 | 111.0 |
| 2023-Q4 | 109.9 | 116.9 | 103.9 | 107.9 | 106.3 | 109.9 |
| 2023-Q3 | 110.9 | 115.8 | 102.1 | 107.1 | 105.8 | 109.6 |
| 2023-Q2 | 110.0 | 116.1 | 102.7 | 107.1 | 105.6 | 109.2 |
| 2023-Q1 | 109.5 | 111.7 | 101.5 | 105.7 | 104.7 | 107.5 |
| 2022-Q4 | 108.6 | 110.5 | 102.1 | 104.9 | 103.8 | 105.7 |
| 2022-Q3 | 109.0 | 108.5 | 101.2 | 104.4 | 102.8 | 104.7 |
| 2022-Q2 | 107.6 | 106.0 | 101.3 | 103.4 | 102.4 | 103.5 |
| 2022-Q1 | 104.0 | 101.3 | 100.5 | 102.4 | 101.3 | 101.7 |
| 2021-Q4 | 102.2 | 101.5 | 100.6 | 100.5 | 100.8 | 100.7 |
| 2021-Q3 | 101.3 | 101.6 | 99.3 | 99.9 | 99.7 | 100.2 |
| 2021-Q2 | 98.5 | 99.1 | 100.3 | 100.0 | 99.9 | 99.7 |
| 2021-Q1 | 97.9 | 97.9 | 99.9 | 99.5 | 99.6 | 99.5 |
graphiqueProducer price indices of services sold to French businesses
- Source: INSEE.
Services sold to households in France: -1.3%
In the fourth quarter of 2025 producer prices of services sold to households in France fell back (-1.3% after +1.5%).
They were mainly driven down by the downturn in prices of accommodation and food services (-2.8% after +3.2%) and transportation and storage services (-4.0% after +1.5%).
Prices of information and communication services increased again (+1.1% after +1.0%), prices of real estate services accelerated slightly (+0.5% after +0.2%) and prices of professional, scientific and technical services were back on the rise (+1.0% after a stability).
Finally, prices of administrative and support services fell back (-1.8% after +1.4%).
Producer prices of services sold to households in France accelerated slightly over a year in the fourth quarter of 2025 (+1.6% after +1.4%).
tableauServices producer price indices: services sold to households in France (BtoC*), by section
| French classification of activities – NAF rév. 2 | Weight | Indices | Change in % | |
|---|---|---|---|---|
| 2025 Q4 | Q/Q-1 | Q/Q-4 | ||
| All services | 1,000 | 110.9 | -1.3 | 1.6 |
| H: transportation and storage services | 133 | 120.0 | -4.0 | 0.0 |
| I: accommodation and food service activities | 301 | 115.3 | -2.8 | 2.2 |
| J: information and communication services | 135 | 97.6 | 1.1 | 2.0 |
| L: real estate activities | 295 | 107.9 | 0.5 | 2.3 |
| M: professional, scientific and technical activities | 69 | 107.9 | 1.0 | 1.2 |
| N: administrative and support service activities | 59 | 113.4 | -1.8 | 0.5 |
- *BtoC: business to consumer
- The sector S "Other services" is not displayed due to its low economic weight.
- Source: INSEE.
Services sold on foreign markets: -0.8%
In the fourth quarter of 2025, the decline in producer prices of exported services intensified (-0.8% after -0.3%), mainly due to the fall in prices of transportation and storage services (-2.5% after -0.7%). Prices of information and communication services were virtualy stable (-0.1% after -0.9%) and those of professional, scientific and technical services slowed down (+0.2% after +0.6%). Conversely, prices of administrative and support services rebounded (+0.3% after -0.3%).
Over a year, producer prices for exported services fell again in the fourth quarter of 2025 (-2.9% after -4.1%).
tableauServices producer price indices: services sold on foreign markets (BtoE*), by section
| French classification of activities – NAF rév. 2 | Weight | Indices | Change in % | |
|---|---|---|---|---|
| 2025 Q4 | Q/Q-1 | Q/Q-4 | ||
| All services | 1,000 | 102.0 | -0.8 | -2.9 |
| H: transportation and storage services | 398 | 85.5 | -2.5 | -8.9 |
| J: information and communication services | 176 | 102.3 | -0.1 | -1.1 |
| M: professional, scientific and technical activities | 259 | 109.8 | 0.2 | 2.0 |
| N: administrative and support service activities | 159 | 113.9 | 0.3 | -0.6 |
- *BtoE: business to exports
- The sectors I "Accommodation and food services", L "Real estate activities" and S "Other services" are not displayed due to their low economics weights.
- Source: INSEE.
Revisions
The quarterly variation in the producer price index for services sold on all markets between the second and the third quarter 2025 has not been revised: it stands at +0.3%.
tableauRevision of variations
| Services producer price indices | 2025 Q1 / 2024 Q4 | 2025 Q2 / 2025 Q1 | 2025 Q3 / 2025 Q2 |
|---|---|---|---|
| - services sold to all markets (BtoAll) | // | // | // |
| - services sold to home businesses (BtoB) | 0.1 | -0.1 | // |
| - services sold to households in France (BtoC) | // | // | // |
| - exported services (BtoE) | // | -0.1 | 0.1 |
- //: unrevised evolution (after rounding)
- How to read it: the evolution of the producer prices of services sold to all market between the second quarter of 2025 and the third quarter of 2025 is unrevised : it stands at 0.3%.
- Source: INSEE.
For further information
Definition: Services producer prices indices (SPPI) measure the quarterly evolution of transaction prices, excluding VAT, of services sold by French businesses. They are calculated, by market and by product, based on the results of the survey “Observation of prices in industry and services” (Opise) operated by INSEE.
SPPI are calculated on four types of market segments:
- BtoB: business to business, corresponding to services sold to home businesses;
- BtoC: business to customer, corresponding to services sold to households in France;
- BtoE: business to exports, corresponding to services sold on foreign markets;
- BtoAll: business to all, corresponding to the aggregation of the three market segments BtoB, BtoC and BtoE.
Further information (methodological documentation, classification, etc.) is available by the “Documentation” tab on the web page of this publication.
Next publication: 28 May 2026 at 12.00 p.m.
Pour en savoir plus
Definition: Services producer prices indices (SPPI) measure the quarterly evolution of transaction prices, excluding VAT, of services sold by French businesses. They are calculated, by market and by product, based on the results of the survey “Observation of prices in industry and services” (Opise) operated by INSEE.
SPPI are calculated on four types of market segments:
- BtoB: business to business, corresponding to services sold to home businesses;
- BtoC: business to customer, corresponding to services sold to households in France;
- BtoE: business to exports, corresponding to services sold on foreign markets;
- BtoAll: business to all, corresponding to the aggregation of the three market segments BtoB, BtoC and BtoE.
Further information (methodological documentation, classification, etc.) is available by the “Documentation” tab on the web page of this publication.
Next publication: 28 May 2026 at 12.00 p.m.