France construction producer cost index ICP-F
France construction producer cost index ICP-F stood at 119.8 in Jun 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Construction cost indices table (Value · Monthly), with a complete series running from Jan 1998 to Jun 2026. The complete series with an interactive chart, free to download.
This indicator in the Construction cost indices table
| Indicator | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ICP-F - Producer cost in construction (section F) | 119.8 | 119.6 | 119.5 | 117.6 | 116.2 | 115.9 | 115.1 | 115.1 | 114.8 | 114.7 | |
| ICP-S - Miscellaneous costs of construction indice | 114.8 | 114.9 | 115.6 | 113.5 | 113.5 | 112.3 | 113.9 | 112.5 | 113.8 | 112.4 | |
| ICM-42 - Materials costs in construction in civil engineering buildings (division 42) | 131.9 | 129.6 | 128.8 | 116.9 | 113.9 | 112.7 | 113.3 | 114.5 | 114.5 | 115.5 |
Understanding france construction producer cost index ICP-F
Macro-level production expenditure shifts across the entire construction division, encompassing both vertical building works and horizontal civil engineering projects, define this aggregate index. The calculation aggregates diverse sub-sectors to reflect overall supplier pricing movements encountered by prime contractors across all structural domains. Left outside the scope are non-construction economic activities, retail hardware distribution, and real estate brokerage services. By synthesizing building materials, civil works supplies, and specialized trade inputs into a single metric, the series provides a macro indicator for nationwide industry cost pressures.
Observers must recognize that high-level aggregation can mask divergent localized cost pressures occurring within specific trade specialties or regional markets. Monthly figures frequently experience minor technical revisions as delayed supplier surveys arrive, making year-on-year analysis the more reliable technique for tracking medium-term direction. Comparing this aggregate series against narrow trade-specific sub-indices reveals whether a cost movement stems from broad sector-wide drivers or localized material shortages. Periodic reclassifications reflect shifts in industry classification standards rather than sudden physical output changes.
Frequently asked questions
- What specific economic activities are aggregated within this industry-wide construction measure?
- The index combines production costs from both vertical building construction and horizontal civil engineering works.
- What sectors or services are excluded from the calculation?
- Real estate transactions, retail hardware sales, and non-construction economic activities are left out.
- Why might high-level aggregation obscure specific industry pressures?
- Blending all sectors together can hide sharp cost spikes occurring exclusively in narrow trade specialties or regional markets.