France PPI: MIG NRGX energy except utilities (all markets)
France PPI: MIG NRGX energy except utilities (all markets) stood at 192.1 in Aug 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the PPI table (Value · Monthly), with a complete series running from Jan 1995 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the PPI table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All markets | |||||||||||
| MIG NRGX - Energy except electricity, gas, steam, air conditioning and water supply (B05, B06, C19) | 192.1 | 181.9 | 160.9 | 182.1 | 194.7 | 180.6 | 118.6 | 109.1 | 108.7 | 122.3 | |
| MIG NRG - Energy (B05, B06, C19, D35, E36) | 139.6 | 131.4 | 122.6 | 121.9 | 123.7 | 140.9 | 127.7 | 136.4 | 131 | 129.9 |
Understanding france PPI: MIG NRGX energy except utilities (all markets)
Extraction of crude petroleum, mining of hard coal, and manufacture of refined petroleum products constitute the exact perimeter of this index, which covers all destinations. This specific sub-group deliberately excludes utilities such as electricity production, gas distribution, steam supply, air conditioning, and water collection, separating raw combustible fuel extraction and petroleum transformation from utility network delivery. Compared with sibling aggregates that incorporate utility grids, this measure isolates purely extractive and refinery gate prices for worldwide distribution without the regulatory price caps or infrastructure fees typical of public utility networks.
Interpreting this index requires adjusting for high volatility inherent to global crude oil markets, which often overshadows domestic industrial pricing patterns. Analysts should prioritize year-on-year comparisons to smooth out predictable intra-year fluctuations driven by refinery maintenance cycles and seasonal fuel demand shifts. Early releases are subject to routine administrative revisions as late survey responses from petroleum refineries are integrated into the calculation. Comparing this sub-aggregate directly with consumer-facing energy bills can be misleading because wholesale refinery gate pricing excludes distribution margins, transmission grid tariffs, and sector-specific taxes levied at the retail pump or household meter.
Frequently asked questions
- What exact activities are included in this energy sub-index?
- It tracks mining of solid fuels, extraction of crude petroleum and natural gas, and the manufacture of refined petroleum products across all destination markets.
- Why are electricity and gas utilities excluded from this specific series?
- Utility distribution networks are excluded to isolate raw fuel extraction and petroleum refining from regulated utility tariffs and grid transmission fees.
- Are foreign export shipments included in the scope of this index?
- Yes, this series covers all markets, meaning both domestic sales and goods exported to foreign buyers are incorporated.