Insee
Informations Rapides · 27 February 2026 · n° 56
Informations rapidesIn January 2026, industrial producer prices rose by 1.1% over a month and fell by 1.9% over a year Industrial Producer and Import Price Indices - January 2026

In January 2026, producer prices in the French industry rose by 1.1% (after +0.3% in December 2025 and +2.3% in November). Producer prices increased for products sold on the home market (+0.5% after +0.3% in December) and for those intended for foreign markets (+2.7% after remaining stable in December). Over a year, French industrial producer prices continued to decline (-1.9% after -2.1% in December).

Excluding energy in the broad sense (hydrocarbons, refined petroleum products, electricity, etc.), producer prices in the French industry rose over a month (+0.3% after remaining stable in December) and were virtually stable over a year (+0.1% after +0.5% in December).

Informations rapides
No 56
Paru le :Paru le27/02/2026
Prochaine parution le : 31/03/2026 at 08:45 - February 2026

Total Industry price indices

Total Industry price indices
PPI for all markets PPI for home market PPI for foreign markets Import prices
2026-01 121.2 124.0 114.3 110.0
2025-12 119.9 123.4 111.3 109.0
2025-11 119.6 123.0 111.3 109.7
2025-10 116.9 119.6 110.6 109.3
2025-09 116.5 119.5 109.5 109.6
2025-08 116.8 119.6 110.3 109.5
2025-07 117.3 120.0 111.3 110.3
2025-06 116.6 119.4 110.1 110.6
2025-05 116.5 119.5 109.4 110.0
2025-04 117.5 120.7 110.0 110.7
2025-03 122.2 125.9 113.2 113.1
2025-02 123.6 126.7 116.5 114.6
2025-01 123.6 126.9 116.0 114.4
2024-12 122.5 125.8 114.6 113.4
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: +1.1%

In January 2026, producer prices in the French industry rose by 1.1% (after +0.3% in December 2025 and +2.3% in November). Producer prices increased for products sold on the home market (+0.5% after +0.3% in December) and for those intended for foreign markets (+2.7% after remaining stable in December). Over a year, French industrial producer prices continued to decline (-1.9% after -2.1% in December).

Excluding energy in the broad sense (hydrocarbons, refined petroleum products, electricity, etc.), producer prices in the French industry rose over a month (+0.3% after remaining stable in December) and were virtually stable over a year (+0.1% after +0.5% in December).

HOME MARKET: +0.5%

In January 2026, producer prices in the French industry for the home market accelerated slightly (+0.5% after +0.3% in December). Prices for mining and quarrying products, energy and water slowed (+1.2% after +2.8% in December), and those for manufactured products rebounded (+0.3% after -0.5% in December). Over a year, the decline in producer prices in the French industry for the home market intensified (-2.3% after -1.9% in December).

Slowdown in prices of mining and quarrying products, energy and water

In January 2026, prices for mining and quarrying products, energy and water slowed (+1.2% after +2.8% in December). Over a year, prices of mining and quarrying products, energy and water decreased for the twenty-sixth consecutive month (-7.6% after -8.1%).

Rebound in prices of refined petroleum products

Prices for refined petroleum products rebounded over a month (+0.4% after -11.7% in December and +7.7% in November): world oil prices rose in January after having fallen sharply in December. Over a year, the fall in prices of refined petroleum products intensified (-20.6% after -14.3% in December).

Rise in prices of “other industrial products”, of electronic equipment and machinery and of transport equipment

Prices of “other industrial products” rose over a month (+0.5% after remaining stable in December), driven by a strong increase in prices of jewellery and related articles (+10.3% after remaining stable) in line with higher precious metals prices. Over a year, prices of “other industrial products” continued to rise (+0.7% after +0.8% in December).

Prices of electronic equipment and machinery rebounded over a month (+0.6% after -0.2% in December), driven by higher prices of electrical equipment (+1.8% after -0.1%). Over a year, those prices were stable (after -0.3% in December).

Prices of transport equipment rose over a month (+0.4% after -0.1% in December) and continued to rise over a year (+0.5% after +0.6% in December).

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
2026-01 110.1
2025-12 109.7
2025-11 124.2
2025-10 115.3
2025-09 118.6
2025-08 115.5
2025-07 122.6
2025-06 118.0
2025-05 111.8
2025-04 112.9
2025-03 122.4
2025-02 134.8
2025-01 138.7
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.

Slight downturn in prices of food and beverages

In January 2026, prices for food and beverages fell back slightly over a month (-0.2% after +0.3% in December), driven by lower prices of bread, fresh pastry goods and cakes (-0.9% after +1.2%). Over a year, prices for food and beverages slowed (+1.7% after +2.7%).

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: Food products, beverages and tobacco products C3: Electrical, electronic, computer equipments; machinery C4: Transport equipment C5: Other industrial products
2026-01 129.3 114.8 109.6 116.9
2025-12 129.6 114.1 109.2 116.3
2025-11 129.2 114.3 109.3 116.3
2025-10 129.2 113.9 109.2 116.0
2025-09 129.1 113.8 109.0 116.0
2025-08 129.3 113.8 109.1 116.1
2025-07 129.4 114.4 109.2 116.1
2025-06 129.6 114.6 108.8 116.3
2025-05 129.3 114.8 108.8 116.2
2025-04 129.0 114.6 108.9 116.3
2025-03 128.7 114.9 108.9 116.7
2025-02 127.8 114.8 109.0 116.6
2025-01 127.1 114.8 109.1 116.1
2024-12 126.2 114.4 108.5 115.4
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

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

  • Source: INSEE.

FOREIGN MARKETS: +2.7%

In January 2026, prices of French industrial products intended for foreign markets rose over a month (+2.7% after remaining stable in December). Prices for manufactured products rebounded (+0.3% after -0.4% in December), and those for mining and quarrying products, energy and water accelerated sharply.

Prices for refined petroleum products rebounded over a month (+0.7% after -8.7% in December and +1.6% in November).

Transport equipment prices also rebounded (+0.5% after -0.4% in December).

Prices of “other industrial products” rose in January (+0.4% after +0.1%): they were driven by higher prices of luggage, handbags and the like, saddlery and harness (+6.9% after +0.4%).

Prices of electronic equipment and machinery rebounded slightly in January (+0.2% after -0.3% in December).

Finally, prices for food and beverages fell (-0.6% after -0.1% in December), driven by a further decline in those of dairy and cheese products (-2.7% after -1.0%).

Over a year, the fall in industrial producer prices for foreign markets eased (-1.5% after -2.9% in December).

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 January 26 December 25 / November 25 January 26 / December 25 December 25 / December 24 January 26 / January 25
Home market
BE: TOTAL INDUSTRY 720 124.0 0.3 0.5 -1.9 -2.3
(DE) Mining and quarrying, energy, water 166 138.0 2.8 1.2 -8.1 -7.6
CZ: Manufactured products 554 118.7 -0.5 0.3 0.3 -0.3
  (C1) Food products, beverages, tobacco 130 129.3 0.3 -0.2 2.7 1.7
  (C2) Coke and refined petroleum products 21 110.1 -11.7 0.4 -14.3 -20.6
  (C3) Electrical & electronic equip., computers, mach. 52 114.8 -0.2 0.6 -0.3 0.0
  (C4) Transport equipment 104 109.6 -0.1 0.4 0.6 0.5
  (C5) Other manufactured products 248 116.9 0.0 0.5 0.8 0.7
Foreign markets
BE: TOTAL INDUSTRY 280 114.3 0.0 2.7 -2.9 -1.5
(DE) Mining and quarrying, energy, water s s s s s s
CZ: Manufactured products s 114.0 -0.4 0.3 -1.5 -2.3
  (C1) Food products, beverages, tobacco 29 125.6 -0.1 -0.6 -0.6 -1.6
  (C2) Coke and refined petroleum products 7 104.4 -8.7 0.7 -17.7 -22.1
  (C3) Electrical & electronic equip., computers, mach. 37 111.5 -0.3 0.2 -0.4 -0.7
  (C4) Transport equipment 76 114.9 -0.4 0.5 -1.5 -3.3
  (C5) Other manufactured products s 112.4 0.1 0.4 -1.1 -1.1
All markets
BE: TOTAL INDUSTRY 1,000 121.2 0.3 1.1 -2.1 -1.9
(DE) Mining and quarrying, energy, water s s s s s s
CZ: Manufactured products s 117.2 -0.4 0.3 -0.1 -0.8
  (C1) Food products, beverages, tobacco 159 128.7 0.2 -0.2 2.1 1.3
  (C2) Coke and refined petroleum products 28 109.3 -11.2 0.5 -14.9 -20.9
  (C3) Electrical & electronic equip., computers, mach. 88 113.4 -0.3 0.4 -0.4 -0.3
  (C4) Transport equipment 180 112.6 -0.3 0.4 -0.3 -1.1
  (C5) Other manufactured products s 115.6 0.1 0.4 0.3 0.3
  • s: confidential.
  • Source: INSEE.

Import prices of industrial products: +0,9%

In January 2026, import prices for industrial products rebounded (+0.9% after -0.6%). Prices for manufactured products rebounded (+0.2% after -0.4% in December) as did those of mining and quarrying products, energy and water.

Prices of “other industrial products” accelerated slightly (+0.5% after +0.3% in December).

Prices for refined petroleum products rebounded over a month (+1.6% after -9.7% in December).

Prices of electronic equipment and machinery were virtually stable in January (+0.1% after remaining stable in December), and those for transport equipment were stable (after +0.1% in December).

Finally, the decline in food and beverages prices intensified over a month (-0.8% after -0.2%), driven by a sharp fall in those of dairy and cheese products (-6.6% after -1.8%).

Over a year, import prices for industrial products continued to decline (-3.8% after -3.9% in December).

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 January 26 December 25 / November 25 January 26 / December 25 December 25 / December 24 January 26 / January 25
BE: TOTAL INDUSTRY 1,000 110.0 -0.6 0.9 -3.9 -3.8
(DE) Mining and quarrying, energy, water s s s s s s
CZ: Manufactured products s 110.5 -0.4 0.2 -1.5 -1.8
  (C1) Food products, beverages, tobacco 76 128.3 -0.2 -0.8 2.3 -0.9
  (C2) Coke and refined petroleum products 47 108.4 -9.7 1.6 -14.6 -18.0
  (C3) Electrical & electronic equip., computers, mach. 214 107.0 0.0 0.1 -1.3 -1.7
  (C4) Transport equipment 174 112.5 0.1 0.0 0.7 0.5
  (C5) Other manufactured products s 108.7 0.3 0.5 -1.8 -0.8
  • s: confidential.
  • Source: INSEE.

Revisions

The change in the producer price index in the French industry for the home market between November and December 2025 has been revised upwards by 0.1 point: published at the end of January 2026 at +0.2%, it has been revised to +0.3%.

Revision of variations

In %
Revision of variations (In %) - How to read it: the change in the producer price index in the French industry for the home market between November and December 2025 has been revised upwards by 0.1 points: published at the end of January 2026 at +0.2%, it has been revised to +0.3%.
October 25 / September 25 November 25 / October 25 December 25 / November 25
French producer prices in industry sold on:
  - the home market // // +0.1
  - the foreign markets +0.1 // //
   - all markets // // //
Import prices of industrial products // // //
  • //: unrevised evolution (after rounding).
  • How to read it: the change in the producer price index in the French industry for the home market between November and December 2025 has been revised upwards by 0.1 points: published at the end of January 2026 at +0.2%, it has been revised to +0.3%.
  • 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: 31 March 2026 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: 31 March 2026 at 8:45 am.

: bureau-de-presse@insee.fr