France commodity import price index GDP: fixed weights
France commodity import price index GDP: fixed weights stood at 100.59 in May 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Foreign trade prices and volumes table (Value · Monthly), with a complete series running from Jan 1980 to May 2026. The complete series with an interactive chart, free to download.
This indicator in the Foreign trade prices and volumes table
| Indicator | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | 08-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed weights (average trade over several decades) | |||||||||||
| Commodity import price index, weighted by imports to GDP | 100.59 | 100.61 | 100.73 | 99.54 | 99.44 | 99.29 | 99.36 | 99.34 | 99.47 | 99.43 | |
| Commodity terms of trade: net export price index, weighted by net exports to total commodity trade | 94.28 | 93.81 | 92.07 | 105.81 | 106.83 | 108.45 | 107.15 | 107.16 | 105.34 | 105.75 |
Understanding france commodity import price index GDP: fixed weights
Inbound raw material valuation pressures are quantified here through aggregation weights scaled against total domestic economic output rather than internal trade shares alone. The index evaluates international commodity purchase costs by scaling imported material price movements relative to gross domestic product proportions established over a multi-decadal reference baseline. This methodological framing places external material inflation directly in the context of the broader macroeconomic landscape, reflecting how heavily inbound resource costs weigh upon the entire economy. Excluded from this formulation are domestic output prices and services, focusing exclusively on external raw material inputs adjusted for their macroeconomic footprint.
Evaluating this metric effectively involves tracking year-on-year movements to avoid seasonal pricing patterns common in agricultural and energy commodities. Early releases are subject to routine revisions as preliminary customs valuations are replaced with verified international payment records and corrected quantity data. Analysts comparing this series against unscaled import price measures must account for the macroeconomic denominator effect, which alters the relative impact of specific commodity price swings based on their proportionality to national output rather than trade volume alone.
Frequently asked questions
- What does scaling by GDP weights change about this import price index?
- Scaling by GDP anchors inbound commodity price movements to the relative size of domestic economic output rather than trade basket proportions alone.
- Why are year-on-year comparisons preferred over monthly changes?
- Annual comparisons neutralize seasonal fluctuations inherent in global energy and agricultural markets that often distort single-period readings.
- What causes revisions to early estimates in this series?
- Preliminary figures are regularly updated as final customs declarations and corrected cross-border trade valuations become available from reporting authorities.