Insee
Informations Rapides · 30 September 2021 · n° 256
Informations rapidesIn August 2021, the rise in industrial producer prices for the home market reached 10.0% over a year Industrial Producer and Import Price Indices - August 2021

In August 2021, the industrial producer prices slowed down over a month (+0.9% after +1.4% in the previous month), both on the home market (+1.0% after +1.5%) and the foreign markets (+0.6% after +1.0%). Year on year, they accelerated (+9.5% after +8.4% in July).

Informations rapides
No 256
Paru le :Paru le30/09/2021
Prochaine parution le : 27/02/2025 at 08:45 - January 2025
Imprimer
Découvrir la collection

Total Industry price indices

Total Industry price indices
PPI for all markets PPI for home market PPI for foreign markets Import prices
2015-01 99.8 100.0 98.9 99.4
2015-02 100.8 101.0 100.1 101.0
2015-03 101.0 101.1 100.6 101.6
2015-04 100.9 100.8 101.1 102.2
2015-05 100.4 100.4 100.6 102.5
2015-06 100.6 100.5 100.7 102.0
2015-07 100.5 100.3 100.9 100.8
2015-08 99.4 99.2 99.8 99.3
2015-09 99.3 99.2 99.4 98.6
2015-10 99.4 99.4 99.5 98.1
2015-11 99.5 99.5 99.6 98.2
2015-12 98.5 98.4 98.9 96.5
2016-01 97.5 97.3 98.2 94.7
2016-02 96.9 96.9 97.2 94.1
2016-03 97.2 97.1 97.4 95.0
2016-04 96.7 96.5 97.4 95.0
2016-05 97.1 97.0 97.7 95.9
2016-06 97.5 97.4 98.0 96.4
2016-07 97.6 97.5 97.9 96.4
2016-08 97.5 97.4 97.9 96.2
2016-09 97.8 97.7 98.2 96.5
2016-10 98.5 98.4 98.9 97.5
2016-11 99.1 99.0 99.3 97.5
2016-12 99.9 99.8 100.2 99.1
2017-01 100.9 100.7 101.7 99.7
2017-02 100.6 100.5 100.9 100.0
2017-03 100.1 100.0 100.4 99.7
2017-04 99.8 99.7 100.4 99.6
2017-05 99.3 99.1 100.1 98.8
2017-06 99.0 98.8 99.4 97.9
2017-07 98.9 98.9 99.2 97.6
2017-08 99.3 99.4 99.1 98.2
2017-09 99.7 99.8 99.6 99.0
2017-10 100.1 100.0 100.2 99.4
2017-11 101.5 101.7 101.1 100.2
2017-12 101.7 102.0 100.9 100.2
2018-01 101.5 102.0 100.3 100.4
2018-02 101.7 102.0 100.6 99.9
2018-03 101.8 102.2 100.7 100.1
2018-04 101.2 101.4 100.6 100.6
2018-05 101.8 102.1 101.3 102.0
2018-06 102.1 102.1 102.0 102.4
2018-07 102.6 102.7 102.2 102.7
2018-08 102.9 103.1 102.3 102.8
2018-09 103.3 103.6 102.5 103.6
2018-10 103.7 103.9 103.0 104.6
2018-11 103.9 104.4 102.5 102.8
2018-12 103.0 103.4 101.8 101.1
2019-01 103.4 103.7 102.4 101.2
2019-02 103.5 104.2 101.9 101.9
2019-03 103.5 104.1 101.9 102.0
2019-04 103.1 103.2 102.5 102.6
2019-05 102.6 102.7 102.2 102.6
2019-06 102.0 102.1 101.7 101.3
2019-07 102.4 102.5 102.0 101.4
2019-08 102.4 102.6 101.8 100.8
2019-09 102.7 102.7 102.4 101.6
2019-10 102.5 102.5 102.4 101.5
2019-11 103.6 103.9 102.7 101.6
2019-12 103.7 104.0 102.9 101.9
2020-01 103.6 103.8 102.8 101.5
2020-02 103.0 103.1 102.5 100.6
2020-03 101.5 101.5 101.2 97.2
2020-04 99.3 98.7 100.3 95.0
2020-05 99.2 98.7 100.0 95.2
2020-06 99.8 99.5 100.3 96.7
2020-07 100.2 99.9 100.7 97.3
2020-08 100.1 100.0 100.2 97.3
2020-09 100.5 100.3 100.8 97.1
2020-10 100.4 100.3 100.4 97.3
2020-11 101.6 101.9 100.5 97.8
2020-12 102.6 103.1 101.2 98.7
2021-01 103.8 104.2 102.6 100.3
2021-02 104.7 105.3 103.4 102.0
2021-03 105.8 106.3 104.4 102.7
2021-04 105.4 105.5 105.2 103.7
2021-05 105.8 105.9 105.4 105.4
2021-06 107.1 107.3 106.8 107.0
2021-07 108.6 108.9 107.9 109.3
2021-08 109.6 110.0 108.6 110.3

Total Industry price indices

  • Source: INSEE

Producer prices in French industry: +0.9%

In August 2021, the industrial producer prices slowed down over a month (+0.9% after +1.4% in the previous month), both on the home market (+1.0% after +1.5%) and the foreign markets (+0.6% after +1.0%). Year on year, they accelerated (+9.5% after +8.4% in July).

HOME MARKET: +1.0%

In August 2021, the industrial producer prices for the home market decelerated over a month (+1.0% after +1.5%), as did those of manufactured products (+0.4% after +0.9%). Over a year, they accelerated nevertheless: +10.0% (after +9.0% in the previous month).

Sharp rise in prices of mining and quarrying products, energy and water

In August 2021, the prices of mining and quarrying products, energy and water kept rising strongly over a month (+3.0% after +3.3%). The prices of trade services of gas through mains continued to rise strongly (+12.9% after +12.5%), in connection with a further increase in regulated tariffs and a demand far exceeding available stocks. Conversely, the prices of electricity production and trade decelerated (+1.6% after +2.9%), especially on the wholesale market. Year on year, the prices of mining and quarrying products, energy and water stroke a record high growth rate in August 2021: +18.7% (after +16.2%).

Rise in prices of the “other industrial products”

The prices of the “other industrial products” decelerated in August 2021 over a month (+0.7% after +1.1%). Those of chemicals and chemical products remained on an upward trend (+2.0% after +1.8%), in the wake of the commodity prices over the recent months. In line with the strong increases in steel and metal prices, those of basic metals continued to rise but at a more moderate pace (+2.3% after +3.7%), as did those of “fabricated metal products, except machinery and equipment” (+0.5% after +1.3%). Year on year, the prices of the “other industrial products” rose strongly in August 2021: +8.0% (after +7.2% in the previous month).

The refined petroleum product prices increased very slightly over a month

In the wake of crude oil prices, the prices of refined petroleum were not very dynamic in August 2021 over a month (+0.2% after +4.3%). Nevertheless, over a year, they went up by 61.3% (after +56.0%).

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
2015-01 91.2
2015-02 106.6
2015-03 110.2
2015-04 113.8
2015-05 117.9
2015-06 115.6
2015-07 107.6
2015-08 92.8
2015-09 91.3
2015-10 89.1
2015-11 89.4
2015-12 74.5
2016-01 65.9
2016-02 65.6
2016-03 75.5
2016-04 78.5
2016-05 88.1
2016-06 91.9
2016-07 85.3
2016-08 85.2
2016-09 87.6
2016-10 97.0
2016-11 91.7
2016-12 105.7
2017-01 107.1
2017-02 108.1
2017-03 101.4
2017-04 104.7
2017-05 97.1
2017-06 89.7
2017-07 92.1
2017-08 95.1
2017-09 101.8
2017-10 103.2
2017-11 111.1
2017-12 110.9
2018-01 116.1
2018-02 109.2
2018-03 111.3
2018-04 121.8
2018-05 132.1
2018-06 130.2
2018-07 131.4
2018-08 133.2
2018-09 136.5
2018-10 142.7
2018-11 125.8
2018-12 109.3
2019-01 109.4
2019-02 118.8
2019-03 123.3
2019-04 130.7
2019-05 131.3
2019-06 117.5
2019-07 122.3
2019-08 115.7
2019-09 121.5
2019-10 117.6
2019-11 117.0
2019-12 119.6
2020-01 117.8
2020-02 107.7
2020-03 70.0
2020-04 46.4
2020-05 57.0
2020-06 72.5
2020-07 78.9
2020-08 76.5
2020-09 70.8
2020-10 70.9
2020-11 72.9
2020-12 82.3
2021-01 90.2
2021-02 100.6
2021-03 107.0
2021-04 106.1
2021-05 109.6
2021-06 118.0
2021-07 123.1
2021-08 123.4

French Producer Price Indices of coke and refined petroleum products sold on the home market

  • Source: INSEE.

Slight rise of the prices of electrical, computer and electronic equipment and machinery

In August 2021, the prices of electrical, computer and electronic equipment and machinery kept increasing by 0.3% over a month. Year on year they rose by 2.3% (after +2.1%).

Virtual stability of the prices of transport equipment and food and beverages

In August 2021, the prices of transport equipment stabilized over a month (+0.1% after +0.5%). Over a year, they rose by 3.1% (after +3.2% in July).

Similarly, the food and beverage prices were almost stable over a month (+0.1% after +0.2%) and rose by 3.0% over a year (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 C3 C4 C5
2015-01 99.8 100.2 99.9 100.0
2015-02 99.9 100.2 99.9 99.9
2015-03 99.8 100.2 99.9 100.2
2015-04 99.9 100.2 99.9 100.6
2015-05 99.9 100.0 99.9 100.8
2015-06 99.9 100.0 99.8 100.8
2015-07 100.2 100.0 99.8 100.8
2015-08 100.5 99.6 100.0 100.2
2015-09 100.3 99.7 100.1 99.6
2015-10 100.2 100.0 100.3 99.2
2015-11 99.9 100.0 100.4 99.0
2015-12 99.7 99.9 100.1 98.8
2016-01 99.3 99.7 100.2 98.4
2016-02 99.1 99.5 100.1 98.1
2016-03 98.6 99.7 100.1 97.9
2016-04 98.5 99.6 100.1 98.0
2016-05 98.4 99.6 100.1 98.3
2016-06 98.5 99.9 100.0 98.6
2016-07 98.9 99.6 100.0 98.6
2016-08 98.8 99.7 99.9 98.5
2016-09 98.8 99.7 99.9 98.5
2016-10 99.1 99.6 100.0 98.7
2016-11 99.2 99.5 100.0 98.8
2016-12 99.2 99.4 100.1 99.0
2017-01 99.2 100.1 100.1 99.6
2017-02 99.6 99.9 100.1 100.1
2017-03 99.8 100.0 100.1 100.4
2017-04 100.1 99.9 100.2 100.7
2017-05 100.1 99.8 100.3 100.8
2017-06 100.4 99.9 100.3 100.7
2017-07 100.4 99.8 100.3 100.4
2017-08 100.6 99.7 100.4 100.5
2017-09 100.5 99.7 100.4 100.7
2017-10 100.4 99.8 100.4 101.0
2017-11 100.3 100.0 100.6 100.9
2017-12 100.4 100.1 100.6 101.1
2018-01 100.0 100.7 100.5 101.6
2018-02 100.1 100.3 100.5 101.9
2018-03 100.4 100.5 100.6 102.1
2018-04 100.1 100.6 100.6 102.2
2018-05 100.2 100.8 100.5 102.7
2018-06 100.1 100.9 100.6 102.8
2018-07 100.4 100.7 100.6 102.9
2018-08 100.6 100.9 100.6 103.0
2018-09 100.7 100.9 100.5 103.1
2018-10 100.7 100.8 100.7 103.0
2018-11 101.1 101.0 100.9 102.9
2018-12 101.4 101.0 101.0 102.6
2019-01 101.2 101.4 100.9 102.7
2019-02 101.2 101.3 101.0 102.8
2019-03 100.9 101.3 101.1 103.0
2019-04 101.0 101.5 101.2 103.1
2019-05 101.1 101.3 101.3 103.1
2019-06 101.3 101.3 101.4 102.8
2019-07 101.5 101.3 101.6 102.6
2019-08 101.6 101.4 101.6 102.6
2019-09 101.5 101.7 101.7 102.5
2019-10 101.8 101.8 102.1 102.3
2019-11 102.1 101.8 102.3 102.0
2019-12 102.5 101.8 102.7 101.9
2020-01 102.2 102.0 102.8 101.8
2020-02 102.2 102.3 102.9 101.6
2020-03 102.3 102.0 102.9 101.1
2020-04 102.0 101.9 103.1 100.7
2020-05 101.7 102.1 103.2 100.4
2020-06 101.6 102.0 103.7 100.7
2020-07 101.6 101.9 103.7 100.7
2020-08 101.4 102.0 103.9 100.7
2020-09 101.3 102.2 104.2 100.7
2020-10 101.8 102.2 104.6 100.8
2020-11 101.8 102.0 105.0 100.8
2020-12 102.3 102.2 105.1 101.3
2021-01 102.1 102.4 105.4 102.1
2021-02 102.2 102.6 105.6 103.1
2021-03 103.0 103.0 105.7 103.9
2021-04 103.5 103.0 105.9 105.1
2021-05 104.1 103.1 106.2 105.9
2021-06 104.1 103.7 106.5 106.8
2021-07 104.3 104.0 107.0 108.0
2021-08 104.4 104.3 107.1 108.8

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

  • Source: INSEE

FOREIGN MARKETS: +0.6%

In August 2021, the industrial producer prices for the foreign markets decelerated over a month (+0.6% after +1.0%), as did those of manufactured products (+0.6% after +0.9%). Over a year, they rose nevertheless by 8.4% (after +7.1%).

The prices of the “other industrial products” went up by 1.1% over a month (after +0.9%): those of basic metals continued to rise sharply (+3.5% after +3.9%), especially those of basic iron and steel and ferro-alloys (+4.8% after +6.0%), while those of chemicals and chemical products recovered (+1.1% after –0.6%). Year on year, the prices of the “other industrial products” continued to rise sharply in August 2021 (+10.1% after +8.9%).

The prices of electrical, computer and electronic equipment and machinery accelerated slightly over a month (+0.4% after +0.2%), driven up by those of electrical equipment (+0.8% after –0.5%). Over a year, they sped up also (+2.1% after +1.3%).

In the wake of crude oil prices, the prices of refined petroleum products fell back very slightly over a month (–0.3% after +7.3%) but remained on a very strong upward trend over a year (+71.9% after +71.2%).

At last, the prices of food and beverages and those of transport equipment were virtually stable over a month (respectively +0.1% after +1.3% and +0.1% after +0.7%).

French Producer Price Indices in industry according to the market where the products are sold

reference year: 2015
French Producer Price Indices in industry according to the market where the products are sold (reference year: 2015)
Change in %
Levels A 10 and A 17 in CPF rev. 2 Weight August 21 In 1 month In 1 year
Home market
BE: TOTAL INDUSTRY 1000 110.0 1.0 10.0
(DE) Mining and quarrying, energy, water 233 118.3 3.0 18.7
CZ: Manufactured products 767 107.6 0.4 7.4
  (C1) Food products, beverages, tobacco 199 104.4 0.1 3.0
  (C2) Coke and refined petroleum products 36 123.4 0.2 61.3
  (C3) Electrical & electronic equip., computers, mach. 74 104.3 0.3 2.3
  (C4) Transport equipment 99 107.1 0.1 3.1
  (C5) Other manufactured products 359 108.8 0.7 8.0
Foreign markets
BE: TOTAL INDUSTRY 1000 108.6 0.6 8.4
CZ: Manufactured products 980 106.8 0.6 6.6
  (C1) Food products, beverages, tobacco 95 104.1 0.1 2.8
  (C2) Coke and refined petroleum products 21 119.8 -0.3 71.9
  (C3) Electrical & electronic equip., computers, mach. 136 102.5 0.4 2.1
  (C4) Transport equipment 306 107.5 0.1 2.1
  (C5) Other manufactured products 422 107.9 1.1 10.1
All markets
BE: TOTAL INDUSTRY 1000 109.6 0.9 9.5
CZ: Manufactured products 829 107.4 0.5 7.2
  (C1) Food products, beverages, tobacco 169 104.4 0.1 3.0
  (C2) Coke and refined petroleum products 31 122.3 0.1 63.7
  (C3) Electrical & electronic equip., computers, mach. 92 103.5 0.3 2.2
  (C4) Transport equipment 159 107.2 0.1 2.6
  (C5) Other manufactured products 378 108.5 0.8 8.7
  • Source: INSEE.

Import prices of industrial products: +0.9%

In August 2021, the import prices of industrial products decelerated over a month (+0.9% after +2.1%), as did those of manufactured products (+0.4% after +1.0%), while those of natural gas, liquefied or in gaseous state kept rising strongly. Over a year, the import prices of industrial products remained very dynamic: +13.4% (after +12.3%).

The prices of the “other industrial products” decelerated over a month (+0.8% after +1.6%), especially those of basic metals (+1.6% after +4.4%). On the contrary, the prices of chemicals and chemical products sped up (+1.3% after +1.0%). Year on year, the prices of the “other industrial products” went up by 12.0% in August 2021 (after +11.2%).

The prices of coke and refined petroleum products fell back over a month (–2.3% after +4.6%) but remained on a strong upward trend over a year (+56.4% after +54.4%).

The prices of transport equipment and those of electrical, computer and electronic equipment and machinery rose slightly over a month (+0.2% after respectively +0.1% and +0.3%). They accelerated over a year (respectively +2.3% and +1.9% after +1.7%).

At last, the prices of food, beverages and tobacco remained virtually stable over a month (–0.1% after +0.1%), and rose sharply over a year (+4.4% after +4.3%).

Import prices of industrial products

reference year: 2015
Import prices of industrial products (reference year: 2015)
Change in %
Levels A 10 and A 17 in CPF rev. 2 Weight August 21 In 1 month In 1 year
BE: TOTAL INDUSTRY 1000 110.3 0.9 13.4
CZ: Manufactured products s 106.9 0.4 8.3
  (C1) Food products, beverages, tobacco 73 106.9 -0.1 4.4
  (C2) Coke and refined petroleum products 40 112.3 -2.3 56.4
  (C3) Electrical & electronic equip., computers, mach. 225 100.4 0.2 1.9
  (C4) Transport equipment 188 104.0 0.2 2.3
  (C5) Other manufactured products s 110.8 0.8 12.0
  • s: confidential
  • Source: INSEE.

Revision of variations

In %
Revision of variations (In %)
May 21 / Apr. 21 June 21 / May 21 July 21 / June 21
French producer prices in industry sold on:
  - the home market // +0.2 +0.2
  - the foreign markets // +0.1 +0.3
  - all markets // +0.1 +0.3
Import prices of industrial products // +0.1 +0.2
  • (1) How to read it: the variation of the producer price index in industry for products sold on the home market between June 2021 and July 2021 has been revised by 0.2 points: published in August 2021 at +1.3%, it has been updated to +1.5 %.

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.

The methodological documentation is available at the following address: https://www.insee.fr/en/metadonnees/source/indicateur/p1639/description

Next publication: 27 October 2021 at 8.45 a.m.

Documentation

Producer and Import Price Index in Industry

Aggregated classification - NA, 2008

French classification of products - CPF Rev. 2.1, 2015

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.

The methodological documentation is available at the following address: https://www.insee.fr/en/metadonnees/source/indicateur/p1639/description

Next publication: 27 October 2021 at 8.45 a.m.

: bureau-de-presse@insee.fr
:

Publication calendar

Time series : Industrial Producer and Import Price Indices