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France industrial production index: intermediate goods

France industrial production index: intermediate goods stood at 90.01 in Aug 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Industrial production and turnover table (Value · Monthly), with a complete series running from Jan 1990 to Aug 2026. The complete series with an interactive chart, free to download.

Source: INSEE – Institut national de la statistique et des études économiques (BDM)Last updated: Curated by Bui Thanh Phuc
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This indicator in the Industrial production and turnover table

Indicator08-202607-202606-202605-202604-202603-202602-202601-202612-202511-2025
Intermediate goods (MIG, item ING)90.0189.4690.5491.4192.691.8991.2292.0392.6591.78
Capital goods (MIG, item CAG)112.2111.4112.91114.33116.48115.15113.25113.09111.12115.89
Consumer durables (MIG, item DCOG)108.55104.44107.58103.03108.44112.33108.18105.38103.25105.5

Understanding france industrial production index: intermediate goods

Classifying industrial products intended for further processing as inputs into other production processes, this main industrial grouping captures semi-finished materials like chemicals, metals, paper, and textiles. Excluded are finished consumer products and capital machinery ready for end-use deployment. The index aggregates volume and deflated turnover figures from a wide array of upstream and midstream manufacturing sectors.

Monitoring this series provides early signals regarding manufacturing supply chain pressures and upcoming shifts in downstream factory output. Seasonal adjustments normalize standard holiday slowdowns, but rapid raw material price shifts can complicate the deflation of turnover data in preliminary releases. When comparing intermediate goods with final consumer goods, analysts often observe sharper cyclical swings in intermediate production due to inventory stocking and destocking dynamics.

Frequently asked questions

What types of materials are categorized as intermediate goods?
Metals, chemicals, electronic components, processed wood, and textiles destined for further industrial use are included.
Why do intermediate goods show high cyclical volatility?
Upstream production is sensitive to inventory adjustments across supply chains as firms build or deplete buffer stocks.
Are finished cars considered intermediate goods?
No, completed vehicles are classified as consumer goods or capital goods depending on their ultimate purchaser.

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