Industrial producer prices for products sold in the French market were unchanged in August 2019, following a revised 0.3 percent increase in July. The decline in manufactured product prices (-0.4 percent vs 0.2 percent) was offset by the rise in cost of mining and quarrying products, energy and water (1.0 percent vs 0.9 percent). Year-on-year, producer prices fell 0.7 percent, compared to a 0.3 percent decline in the previous month. Producer Prices in France averaged 100.54 Index Points from 2015 until 2019, reaching an all time high of 104.40 Index Points in November of 2018 and a record low of 96.50 Index Points in April of 2016.
Producer Prices in France is expected to be 105.78 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices in France to stand at 102.91 in 12 months time. In the long-term, the France Producer Prices is projected to trend around 110.81 Index Points in 2020, according to our econometric models.