The ILC and the indexation of a French commercial lease
Enter the annual rent before VAT and the two quarters in your lease, or switch on the three-year review to compare with twelve quarters earlier.
The commercial rent index (indice des loyers commerciaux, ILC) is the Insee index used to adjust the rent of premises let for commercial or craft activities under a French commercial lease (bail commercial). Its latest value is 137.16 for Q2 2026, published in the Journal officiel on 25 September 2026. That is 0.26% above the same quarter a year earlier and 4.06% above the same quarter three years earlier. The two figures matter because a commercial lease can move in two ways. By law, either party may ask for a review every three years, under articles L145-37 and L145-38 of the Commercial Code, and the variation of the index over those three years is the usual reference. Many leases also contain a sliding-scale clause (clause d’échelle mobile) that indexes the rent automatically every year on the quarter they name. The calculator applies the ratio of two ILC values to the annual rent before VAT and shows the monthly equivalent.
Indexed annual rent
€24,061.40
+€61.40 · +0.26%
€24,000.00
| ILC Q2 2026 | 137.16 |
| ILC Q2 2025 | 136.81 |
| Change | 0.26% |
| Indexed monthly rent | €2,005.12 |
Assumptions
ILC published by Insee. The lease sets the reference quarter. Method and sources
Checked by Radif Partners · Editorial policy · Method and sources
Latest ILC values
| Quarter | ILC | Journal officiel |
|---|---|---|
| Q2 2026 | 137.16 | 25 September 2026 |
| Q1 2026 | 135.26 | 28 June 2026 |
| Q4 2025 | 134.62 | 26 March 2026 |
| Q3 2025 | 137.09 | 17 December 2025 |
| Q2 2025 | 136.81 | 24 September 2025 |
| Q1 2025 | 135.87 | 2 July 2025 |
Full series: Insee, commercial rent index (ILC), series 001532540.
Annual clause or three-year review: same shop, two results
A shop let at €36,000 a year before VAT, reference quarter Q2 2026. With an annual sliding-scale clause starting from Q2 2025 (136.81), the rent becomes €36,092.10. With a three-year review starting from Q2 2023 (131.81), it becomes €37,461.19, or €3,121.77 a month. Switching on “three-year review” in the tool makes this second comparison for you.
What the tool does not settle
A commercial lease may also contain caps, floors or a rent set at market value on renewal; those follow the lease and the Commercial Code, not the index alone. Office and professional premises use the ILAT instead. For a home, the index is the IRL, whose values are on the Insee IRL series. The general overview is on rent review in France.