Insee
Informations Rapides · 31 March 2026 · n° 84
Informations rapidesIn February 2026, industrial producer prices fell by 1.2% over a month and by 3.1% over a year Industrial Producer and Import Price Indices - February 2026

In February 2026, producer prices in the French industry fell back by 1.2% (after +1.1% in January and +0.3% in December 2025). Producer prices fell back slightly for products sold on the home market (-0.2% after +0.5% in January) and more sharply for those intended for foreign markets (-3.8% after +2.9% in January). Over a year, French industrial producer prices continued to decline (-3.1% after -1.9% in January).

Excluding energy in the broad sense (hydrocarbons, refined petroleum products, electricity, etc.), producer prices in the French industry were virtually stable over a month (+0.1% after +0.4% in January) and also over a year (+0.1% after +0.2% in January).

Informations rapides
No 84
Paru le :Paru le31/03/2026
Prochaine parution le : 30/04/2026 at 08:45 - March 2026

Total Industry price indices

Total Industry price indices
PPI for all markets PPI for home market PPI for foreign markets Import prices
2026-02 119.8 123.7 110.2 110.2
2026-01 121.2 124.0 114.6 110.2
2025-12 119.9 123.4 111.4 109.1
2025-11 119.6 123.0 111.4 109.8
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: -1.2%

In February 2026, producer prices in the French industry fell back by 1.2% (after +1.1% in January and +0.3% in December 2025). Producer prices fell back slightly for products sold on the home market (-0.2% after +0.5% in January) and more sharply for those intended for foreign markets (-3.8% after +2.9% in January). Over a year, French industrial producer prices continued to decline (-3.1% after -1.9% in January).

Excluding energy in the broad sense (hydrocarbons, refined petroleum products, electricity, etc.), producer prices in the French industry were virtually stable over a month (+0.1% after +0.4% in January) and also over a year (+0.1% after +0.2% in January).

HOME MARKET: -0.2%

In February 2026, producer prices in the French industry for the home market fell back slightly (-0.2% after +0.5% in January). Prices for mining and quarrying products, energy and water decreased anew (-1.7% after +1.0% in January), while those for manufactured products continued to rise (+0.4% after +0.3% in January). Over a year, producer prices in the French industry for the home market continued to decline (-2.4% after -2.3% in January).

Fall in prices of mining and quarrying products, energy and water and in those of food and beverages

In February 2026, prices for mining and quarrying products, energy and water fell back (-1.7% after +1.0% in January), driven by lower electricity prices (-4.0% after +1.5%), mainly due to favourable weather conditions. Over a year, prices of mining and quarrying products, energy and water decreased for the twenty-seventh consecutive month (-8.5% after -7.8%).

The decline in food and beverages prices eased over a month (-0.2% after -0.5% in January), and these prices slowed over a year (+0.8% after +1.5%).

Virtual stability in prices of “other industrial products” and stability in those of electronic equipment and machinery

Prices of “other industrial products” were virtually stable over a month (+0.1% after +0.6% in January): the fall in prices of “other printing services” (-2.7% after +0.3%) was offset by the rise in those of repair services of machinery (+0.6% after +0.2%), due to labour costs. Over a year, prices of “other industrial products” slowed (+0.4% after +0.8% in January).

Prices of electronic equipment and machinery were stable over a month (after +0.9% in January). Over a year, those prices continued to rise (+0.4% as in January).

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
2026-02 121.1
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.

Rise in prices of refined petroleum products

Prices for refined petroleum products accelerated sharply over a month (+10.0% after +0.4% in January and -11.7% in December 2025), in line with higher world oil prices in February. Over a year, the decline in prices of refined petroleum products eased (-10.2% after -20.6% in January).

Slowdown in prices of transport equipment

Prices of transport equipment slowed over a month (+0.2% after +0.4% in January) and accelerated slightly over a year (+0.7% after +0.5% in January).

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
2026-02 128.8 115.3 109.8 117.1
2026-01 129.0 115.3 109.6 117.0
2025-12 129.6 114.3 109.2 116.3
2025-11 129.2 114.4 109.3 116.3
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: -3.8%

In February 2026, prices of French industrial products intended for foreign markets fell back over a month (-3.8% after +2.9% in January). Prices for manufactured products slowed (+0.2% after +0.5% in January), while those for mining and quarrying products, energy and water fell sharply after having risen strongly in January.

Transport equipment prices fell back slightly over a month (-0.2% after +0.5% in January).

Prices of electronic equipment and machinery were virtually stable over a month (-0.1% after +0.4% in January).

Prices for food and beverages were stable over a month (after -0.8% in January): the acceleration in prices of “other processed and preserved fruit and vegetables” (+3.3% after +1.3%) was offset by the fall in those of prepared feeds for farm animals (-4.4% after +2.4%).

Prices for refined petroleum products accelerated over a month (+5.0% after +0.5% in January and -8.7% in December 2025).

Prices of “other industrial products” slowed in February (+0.3% after +0.9%).

Over a year, the decline in industrial producer prices for foreign markets intensified (-5.4% after -1.2% 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 26 January 26 / December 25 February 26 / January 26 January 26 / January 25 February 26 / February 25
Home market
BE: TOTAL INDUSTRY 720 123.7 0.5 -0.2 -2.3 -2.4
(DE) Mining and quarrying, energy, water 166 135.3 1.0 -1.7 -7.8 -8.5
CZ: Manufactured products 554 119.2 0.3 0.4 -0.3 0.0
  (C1) Food products, beverages, tobacco 130 128.8 -0.5 -0.2 1.5 0.8
  (C2) Coke and refined petroleum products 21 121.1 0.4 10.0 -20.6 -10.2
  (C3) Electrical & electronic equip., computers, mach. 52 115.3 0.9 0.0 0.4 0.4
  (C4) Transport equipment 104 109.8 0.4 0.2 0.5 0.7
  (C5) Other manufactured products 248 117.1 0.6 0.1 0.8 0.4
Foreign markets
BE: TOTAL INDUSTRY 280 110.2 2.9 -3.8 -1.2 -5.4
(DE) Mining and quarrying, energy, water s s s s s s
CZ: Manufactured products s 114.5 0.5 0.2 -2.1 -1.8
  (C1) Food products, beverages, tobacco 29 125.4 -0.8 0.0 -1.7 -1.9
  (C2) Coke and refined petroleum products 7 109.4 0.5 5.0 -22.2 -17.1
  (C3) Electrical & electronic equip., computers, mach. 37 111.7 0.4 -0.1 -0.4 -0.4
  (C4) Transport equipment 76 114.7 0.5 -0.2 -3.3 -3.0
  (C5) Other manufactured products s 113.4 0.9 0.3 -0.4 -0.4
All markets
BE: TOTAL INDUSTRY 1,000 119.8 1.1 -1.2 -1.9 -3.1
(DE) Mining and quarrying, energy, water s s s s s s
CZ: Manufactured products s 117.7 0.3 0.3 -0.8 -0.5
  (C1) Food products, beverages, tobacco 159 128.2 -0.5 -0.2 1.0 0.3
  (C2) Coke and refined petroleum products 28 118.8 0.4 8.8 -20.9 -11.7
  (C3) Electrical & electronic equip., computers, mach. 88 113.8 0.7 -0.1 0.2 0.1
  (C4) Transport equipment 180 112.6 0.4 0.0 -1.1 -1.0
  (C5) Other manufactured products s 116.1 0.7 0.2 0.5 0.3
  • s: confidential.
  • Source: INSEE.

Import prices of industrial products: stability

In February 2026, import prices for industrial products were stable (after +1.0%). Prices for manufactured products accelerated (+0.6% after +0.3% in January), while those of mining and quarrying products, energy and water fell back.

Prices for refined petroleum products accelerated sharply over a month (+10.7% after +1.2% in January).

Prices of “other industrial products” were stable over a month (after +0.6% in January).

Prices of electronic equipment and machinery rebounded in February (+0.3% after -0.1% in January), driven by those of communication equipment (+2.5% after -2.0%).

Transport equipment prices were virtually stable in February (-0.1% after +0.2% in January).

Finally, the decline in food and beverages prices eased over a month (-0.2% after -0.8% in January).

Over a year, import prices for industrial products continued to decline (-3.8% after -3.7% 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 26 January 26 / December 25 February 26 / January 26 January 26 / January 25 February 26 / February 25
BE: TOTAL INDUSTRY 1,000 110.2 1.0 0.0 -3.7 -3.8
(DE) Mining and quarrying, energy, water s s s s s s
CZ: Manufactured products s 111.4 0.3 0.6 -1.6 -1.0
  (C1) Food products, beverages, tobacco 76 128.0 -0.8 -0.2 -0.9 -1.5
  (C2) Coke and refined petroleum products 47 119.6 1.2 10.7 -18.3 -8.9
  (C3) Electrical & electronic equip., computers, mach. 214 107.1 -0.1 0.3 -1.8 -1.3
  (C4) Transport equipment 174 112.6 0.2 -0.1 0.7 0.5
  (C5) Other manufactured products s 109.2 0.6 0.0 -0.4 -0.5
  • s: confidential.
  • Source: INSEE.

Revisions

The change in the producer price index in the French industry for the home market between December 2025 and January 2026 has not been revised (after rounding): it stands at +0.5%, as published at the end of February 2026.

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 December 2025 and January 2026 has not been revised (after rouding): it stands at +0.5%, as published at the end of February 2026.
November 25 / October 25 December 25 / November 25 January 26 / December 25
French producer prices in industry sold on:
  - the home market // // //
  - the foreign markets +0.1 // +0.2
   - all markets // // //
Import prices of industrial products +0.1 // +0.1
  • //: unrevised evolution (after rounding).
  • How to read it: the change in the producer price index in the French industry for the home market between December 2025 and January 2026 has not been revised (after rouding): it stands at +0.5%, as published at the end of February 2026.
  • 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 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: 30 April 2026 at 8:45 am.

: bureau-de-presse@insee.fr