Informations Rapides · 30 June 2026 · n° 163

In May 2026, producer prices in the French industry rose by 0.2% over a month and by 3.3% over a year Industrial Producer and Import Price Indices - May 2026

In May 2026, producer prices in the French industry increased slightly (+0.2% after -2.0% in April and +2.3% in March). Producer prices fell again for products sold on the home market (-0.3% after -2.0% in April), while those intended for foreign markets rebounded (+1.3% after -1.8% in April). Over a year, producer prices in the French industry rose by 3.3% in May (after +2.2% in April).

Excluding energy in the broad sense (hydrocarbons, refined petroleum products, electricity, etc.), producer prices in the French industry increased by 0.4% over a month (after +0.8% in April) and by 2.0% over a year (after +1.5% in April).

In May 2026, the decline in producer prices in the French industry for the home market eased (-0.3% after -2.0% in April). The fall in prices for mining and quarrying products, energy and water eased sharply (-1.2% after -11.0% in April), while prices for manufactured products were stable (after +1.0% in April). Over a year, producer prices in the French industry for the home market increased by 3.0% (after +2.3% in April).

In May 2026, the decline in prices for mining and quarrying products, energy and water eased sharply (-1.2% after -11.0% in April), following those of electricity (-2.7% after -22.4% in April), after the seasonal fall in April. Over a year, prices of mining and quarrying products, energy and water increased by 0.2% (after -2.9% in April).

Prices for refined petroleum products fell back in May (-7.3% after +7.8% in April and +53.1% in March): due to the conflict in the Middle East that began at the end of February 2026, global oil prices had surged in March, then slowed sharply in April, and fell in May. Over a year, prices for refined petroleum products remained in very sharp increase (+65.4% after +76.7% in April).

Prices of “other industrial products” continued to rise (+0.8% after +1.4%). This increase was driven by higher prices of plastic plates, sheets, tubes and profiles (+8.2% after +6.4%), reflecting the previous rise in oil prices. Over a year, prices of “other industrial products” accelerated (+3.5% after +2.7%).

Prices for food and beverages rebounded slightly over a month (+0.2% after -0.2% in April), driven by the rise in those of prepared feeds for farm animals (+1.4% after +1.0%) and of meat and poultry meat products (+0.9% after -1.8%). Over a year, prices for food and beverages continued to decline (-0.4% after -0.3% in April).

Prices of electronic equipment and machinery were virtually stable over a month (+0.1% after +0.3% in April) and continued to rise over a year (+0.7% after +0.8%).Transport equipment prices were stable over a month (as in April) and continued to rise over a year (+1.0% after +0.9% in April).

In May 2026, prices of French industrial products intended for foreign markets rebounded over a month (+1.3% after -1.8% in April). Prices of manufactured products slowed (+0.3% after +1.1% in April), and those of mining and quarrying products, energy and water rebounded very sharply after their strong fall in April: electricity prices on wholesale markets rose again, notably due to sustained electricity consumption driven by high cooling needs during the heatwave at the end of May.

Prices of electronic equipment and machinery rose slightly over a month (+0.2% after being stable in April).

Prices of “other industrial products” slowed over a month (+1.1% after +2.0% in April), due to a slower growth in prices of plastics in primary forms (+4.0% after +23.1%), in line with oil price.

Prices of refined petroleum products fell back over a month (-3.6% after +7.6% in April and +50.0% in March).

Food and beverages prices were almost stable over a month (-0.1% after +0.2% in April), as were those of transport equipment (+0.1% after -0.4% in April).

Over a year, export prices of French industrial products accelerated (+3.6% after +1.6% in April).

In May 2026, import prices of industrial products declined slightly (-0.2% after +2.1% in April). Prices of manufactured products slowed (+0.3% after +1.4%), and those of mining and quarrying products, energy and water fell back in May.

Prices of refined petroleum products fell back in May (-1.2% after +0.5%).

Prices of “other industrial products” slowed over a month (+0.8% after +2.9% in April), due, as for exports, to a slower growth in prices of plastics in primary forms (+5.8% after +32.6%).

Prices of electronic equipment and machinery slowed over a month (+0.2% after +0.6%).

Food and beverages prices were stable in May (after -0.2% in April): the downturn in dairy and cheese products prices (-1.3% after +0.8%) was offset by a further rise in prices of processed and preserved meat (+1.2% after +1.3% in April).

Finally, prices of transport equipment were also stable over a month (after +0.1% in April).

Over a year, import prices of industrial products accelerated slightly (+8.0% after +7.5% in April).

The change in the producer price index in the French industry for the home market between March and April 2026 has been revised upward by 0.1 points: published at the end of May 2026 at -2.1%, it is revised to -2.0%.