France IPPAP wine prices: PGI and non-PGI
France IPPAP wine prices: PGI and non-PGI stood at 106.8 in Aug 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Agricultural prices table (Value · Monthly), with a complete series running from Jan 1949 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Agricultural prices table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Producer prices (IPPAP) | |||||||||||
| Wines with PGI and without PGI | 106.8 | 104 | 106.7 | 108.3 | 104 | 106.1 | 102.1 | 103.1 | 103.8 | 102.7 | |
| Products of horticulture | 126.3 | 124.8 | 135.5 | 139.3 | 137.6 | 127.9 | 137.6 | 134.3 | 142.9 | 128.9 |
Understanding france IPPAP wine prices: PGI and non-PGI
Fermented grape juice returns originating from vineyards falling under protected geographical indication regulations alongside those lacking such designations are aggregated within this specific producer price metric. The measurement captures farmgate transactions for wine sold by primary agricultural holdings, encompassing bulk sales, direct cellar-door disposals, and intermediary merchant deliveries before any commercial bottling, branding, or retail markups are applied. It deliberately excludes retail-ready packaged bottles, blended foreign imports, and fortified spirits produced outside standard vinification practices. Unlike sibling indices that track high-tier appellation wines with rigid regional constraints or generic bulk classifications, this gauge isolates intermediate quality tiers where geographic origin rules apply selectively rather than universally across every recorded hectolitre.
Interpreting this index requires careful accounting for vintage cycles, weather-driven harvest volume fluctuations, and post-fermentation maturation timelines that naturally cause substantial intra-year price swings. Early estimates are routinely subject to retrospective adjustments as producers finalize their commercial declarations and volume tallies after initial sales windows close. Comparing annual variations against identical calendar months across prior cycles offers a more reliable gauge of underlying direction than sequential monthly comparisons, which frequently distort the picture due to post-harvest selling rushes. Analysts must avoid confusing this producer-level agricultural gauge with consumer retail beverage prices, as excise duties, distribution margins, and packaging costs introduce a wide wedge between farmgate values and supermarket shelves.
Frequently asked questions
- What exact transactions are captured in this wine price index?
- The index tracks farmgate prices received by agricultural holdings for bulk wine sales and direct cellar-door disposals, covering both protected geographical indication and non-protected batches.
- Why do month-to-month comparisons often mislead analysts viewing this series?
- Sharp harvest seasonality and post-fermentation delivery schedules create recurring intra-year swings that make year-on-year comparisons far more reliable for spotting true directional shifts.
- Does this index include the cost of bottled wine purchased at retail stores?
- No, retail packaging, distribution margins, and excise taxes are entirely excluded because this measure focuses exclusively on primary agricultural producer returns.