In reference to the first quarter of 2020, industrial producer prices rose by 0.8%. In other words, a unit of good produced in the second quarter of 2020 cost relatively more than in the first quarter of 2020. There was an increase in producer prices in the manufacturing industry (+1.6%), especially in the chemical and pharmaceutical industry (+17.2%) and the agri-food industry (+3.4%). The sharp increase in the chemical and pharmaceutical industry is due to the strong demand for the sector’s products following the outbreak of the Covid-19 pandemic. Conversely, producer prices fell in some industrial branches, in particular: extraction (-3.3%); Metallurgy and manufacture of metal products (-3.5%).
