France EUR

France PPI MoM

Info

History

Chart

Impact:

Low

Source: INSEE, France

Latest Release:

Date:

Surprise:

-4%

Actual:

-4.3%

Forecast: -0.3%

Previous/Revision:

-0.5%

Period: Apr

Next Release:

Date:

Period: May

What Does It Measure?

The Producer Price Index (PPI) measures the average change over time in the selling prices received by domestic producers for their output, explicitly assessing inflation at the wholesale level. It primarily focuses on price changes in various sectors, including manufacturing, agriculture, and services, with key indicators involving price fluctuations across these industries; a PPI above 50 typically indicates expansion in producer prices, while below 50 signifies contraction.

Frequency

The PPI is released on a monthly basis, typically announced around the middle of each month, and it consists of preliminary estimates that may be revised in subsequent releases.

Why Do Traders Care?

Traders closely monitor the PPI because it serves as an early indicator of inflationary trends and potential economic shifts, influencing financial markets significantly. Elevated PPI readings can strengthen domestic currency and equities by implying future inflation pressures, whereas lower figures may cause bearish sentiment among traders, impacting currency valuations and stock prices.

What Is It Derived From?

The PPI is derived from a survey that encompasses a comprehensive range of producers across various industries, including manufacturing and services, leveraging a weighted index calculated from price changes reported by these producers. This data collection relies on industry-standard methodologies that capture a representative sample of prices within the economy.

Description

The PPI data is reported as a month-over-month (MoM) measure, comparing data to the preceding month to highlight short-term price shifts that can identify emerging inflationary pressures. The MoM reporting method is particularly valuable for traders as it reflects immediate producer price adjustments that may influence consumer prices and overall economic health.

Additional Notes

The PPI serves as a leading economic indicator, providing insights into future consumer price index (CPI) movements and overall inflation trends. It is compared with other related economic measures, such as the Consumer Price Index, to assess inflation dynamics both domestically and globally across different regions.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for EUR, Bullish for Stocks. Lower than expected: Bearish for EUR, Bearish for Stocks. Hawkish tone: Signaling higher interest rates or inflation concerns is usually good for the EUR but bad for Stocks due to higher borrowing costs.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
May 28, 2025	-4.3%	-0.3%	-0.5%	-4%
Apr 30, 2025	-0.6%	-0.2%	-0.4%	-0.4%
Mar 28, 2025	-0.8%	0.5%	0.6%	-1.3%
Feb 27, 2025	0.7%	0.4%	0.9%	0.3%
Jan 31, 2025	1%	0.5%	3.7%	0.5%
Dec 20, 2024	3.2%	-0.3%	0.9%	3.5%
Nov 29, 2024	0.9%	0%	-0.1%	0.9%
Oct 31, 2024	-0.1%	-0.1%	0.3%
Sep 27, 2024	0.2%	-0.2%	0.3%	0.4%
Aug 30, 2024	0.2%	0.2%	-0.2%
Jul 31, 2024	-0.3%	0.4%	-1.6%	-0.7%
Jun 28, 2024	-1.4%	-0.7%	-3.6%	-0.7%
May 31, 2024	-3.6%	-1.1%	-1%	-2.5%
Apr 30, 2024	-0.2%	-0.5%	-1.7%	0.3%
Mar 29, 2024	-1.7%	-0.3%	-1%	-1.4%
Feb 29, 2024	-1.3%	0.3%	-0.1%	-1.6%
Jan 31, 2024	0.1%	0.5%	2.3%	-0.4%
Dec 22, 2023	2.4%	0.2%	-0.1%	2.2%
Nov 30, 2023	0%	0.3%	0.7%	-0.3%
Oct 31, 2023	0.7%	0.4%	0.7%	0.3%
Sep 29, 2023	0.6%	0.5%	-0.3%	0.1%
Aug 31, 2023	-0.2%	-3.3%	-1.1%	3.1%
Jul 28, 2023	-1.1%	-0.6%	-1.5%	-0.5%
Jun 30, 2023	-1.4%	-2.3%	-5.2%	0.9%
May 31, 2023	-5.1%	0.5%	1.9%	-5.6%
Apr 28, 2023	2%	-0.3%	-0.8%	2.3%
Mar 31, 2023	-0.9%	2%	2.5%	-2.9%
Feb 28, 2023	2.7%	0.5%	1.2%	2.2%
Jan 31, 2023	1.4%	0%	0.7%	1.4%
Dec 23, 2022	1.2%	0.2%	-0.2%	1%
Nov 30, 2022	-0.1%	1.4%	1%	-1.5%
Oct 28, 2022	1%	2.8%	2.8%	-1.8%
Sep 30, 2022	2.7%	0.6%	1.9%	2.1%
Aug 31, 2022	1.6%	0.8%	1.3%	0.8%
Jul 28, 2022	1.3%	0.4%	-0.3%	0.9%
Jun 30, 2022	-0.1%	1.8%	0%	-1.9%
May 31, 2022	0%	2.4%	4.5%	-2.4%
Apr 29, 2022	4.3%	2.3%	0.9%	2%
Mar 31, 2022	1.1%	-1.2%	4.7%	2.3%
Feb 25, 2022	4.6%	1.2%	1.3%	3.4%
Jan 28, 2022	1%	1.6%	3.9%	-0.6%
Dec 22, 2021	3.5%	2.5%	2.9%	1%
Nov 30, 2021	2.9%	1.2%	1.7%	1.7%
Oct 27, 2021	1.7%	0.6%	1%	1.1%
Sep 30, 2021	1%	0.7%	1.5%	0.3%
Aug 31, 2021	1.3%	0.6%	1.1%	0.7%
Jul 29, 2021	1.1%	0.4%	0.4%	0.7%
Jun 30, 2021	0.5%	0.6%	-0.8%	-0.1%
May 28, 2021	-0.3%	0.5%	1%	-0.8%
Apr 30, 2021	1%	0.3%	0.9%	0.7%
Mar 31, 2021	0.8%	0.7%	1.2%	0.1%
Feb 26, 2021	1.2%		1.1%
Jan 29, 2021	0.8%	0.4%	1.7%	0.4%
Dec 23, 2020	1.7%	0.3%	0.1%	1.4%
Nov 27, 2020	0.1%	0.1%	0.3%
Oct 27, 2020	0.2%	0.3%	0.1%	-0.1%
Sep 30, 2020	0.1%	-0.2%	0.4%	0.3%
Aug 28, 2020	0.4%	0.2%	0.7%	0.2%
Jul 30, 2020	0.7%	0.2%	0%	0.5%
Jun 30, 2020	-0.1%	-0.7%	-2.9%	0.6%
May 29, 2020	-2.9%	-0.8%	-1.7%	-2.1%
Apr 30, 2020	-1.7%	-0.6%	-0.9%	-1.1%
Mar 31, 2020	-0.6%	-0.1%	-0.1%	-0.5%
Feb 28, 2020	-0.1%	0.1%	0%	-0.2%
Jan 31, 2020	0%	0%	1.1%
Dec 20, 2019	1.1%	0%	-0.2%	1.1%
Nov 29, 2019	-0.1%	0.2%	0%	-0.3%
Oct 25, 2019	0.1%	0.3%	0%	-0.2%
Sep 27, 2019	0%	0.1%	0.3%	-0.1%
Aug 30, 2019	0.4%	-0.3%	-0.6%	0.7%
Jul 26, 2019	-0.5%	-0.2%	-0.4%	-0.3%
Jun 28, 2019	-0.4%	0.1%	-0.8%	-0.5%
May 29, 2019	-0.6%	0.2%	0%	-0.8%
Apr 30, 2019	0%	-0.1%	0.4%	0.1%
Mar 27, 2019	0.4%	0%	0.3%	0.4%
Feb 28, 2019	0.1%	0.4%	-1.1%	-0.3%
Jan 30, 2019	-1.1%	-0.3%	0.3%	-0.8%
Dec 21, 2018	0.4%		0.4%
Nov 30, 2018	0.4%	0.2%	0.4%	0.2%
Oct 26, 2018	0.3%		0.4%
Sep 28, 2018	0.2%	0.4%	0.7%	-0.2%
Aug 31, 2018	0.6%	0.3%	0.1%	0.3%
Jul 25, 2018	0.1%	0.3%	0.7%	-0.2%
Jun 29, 2018	0.6%	0.4%	-0.8%	0.2%
May 31, 2018	-0.7%	0.3%	0.4%	-1%
Apr 27, 2018	0.4%	0.2%	0.1%	0.2%
Mar 30, 2018	0.1%	0.2%	0%	-0.1%
Feb 28, 2018	0.1%	0.3%	0%	-0.2%
Jan 31, 2018	0%	0.3%	1.5%	-0.3%
Dec 22, 2017	1.4%	0.2%	0.2%	1.2%
Nov 30, 2017	0.2%	0.2%	0.4%
Oct 31, 2017	0.5%	0.3%	0.4%	0.2%
Sep 29, 2017	0.4%	0.3%	0.1%	0.1%
Aug 31, 2017	0.1%	-0.2%	-0.3%	0.3%
Jul 25, 2017	-0.4%	-0.3%	-0.6%	-0.1%
Jun 30, 2017	-0.6%	-0.2%	-0.5%	-0.4%
May 31, 2017	-0.6%	0.3%	-0.3%	-0.9%
Apr 28, 2017	-0.5%	0.3%	-0.3%	-0.8%
Mar 31, 2017	-0.2%	0.3%	0.7%	-0.5%
Feb 28, 2017	0.7%	0.4%	0.9%	0.3%
Jan 31, 2017	0.9%		0.8%
Dec 21, 2016	0.8%	0.3%	0.8%	0.5%
Nov 30, 2016	0.8%	0.3%	0.1%	0.5%
Oct 28, 2016	0.1%	0.3%	0%	-0.2%
Sep 30, 2016	0%	0.2%	0%	-0.2%
Aug 31, 2016	0%	-0.1%	0.4%	0.1%
Jul 27, 2016	0.4%	0.2%	0.3%	0.2%
Jun 30, 2016	0.3%	-0.2%	-0.5%	0.5%
May 31, 2016	-0.5%	0.2%	0.3%	-0.7%
Apr 29, 2016	0.3%	-0.3%	-0.5%	0.6%
Mar 31, 2016	-0.5%	-0.3%	-0.9%	-0.2%
Feb 26, 2016	-0.8%	-1%	-1.2%	0.2%
Jan 29, 2016	-1.2%	0.1%	0.1%	-1.3%
Dec 18, 2015	0.1%	0.1%	0.2%
Nov 27, 2015	0.2%	0.1%	0.1%	0.1%
Oct 30, 2015	0.1%	-0.5%	-0.9%	0.6%
Sep 30, 2015	-0.9%	-0.2%	-0.1%	-0.7%
Aug 28, 2015	-0.1%	-0.1%	-0.2%
Jul 31, 2015	-0.2%	-0.1%	-0.5%	-0.1%
Jun 30, 2015	-0.5%	0.2%	-0.4%	-0.7%
May 29, 2015	-0.4%	0.2%	0.1%	-0.6%