FRENCH MARKET: +0.9 % in March
French producer prices in industry on the French market increased again : +0.9 %, after 0.8 % in February. These marked rises were observed for the sixth consecutive month. They resulted mainly this month from the strong acceleration of petroleum products prices.
Refined petroleum products prices raised indeed by 7.2 %, after +4.0 % in February. The acceleration of petroleum products prices was marked for all products, notably premium gas (+6.2 % after +1.4 %) and diesel (+7.0 % after +3.9 %), in a context of continuous and strong increases of North Sea Brent crude prices (+5.1 % and +3.9 % respectively in March and February for Brent in euro).
Food products prices progressed again in March, by 0.7 %, after +1.0 % in February. The increases of meat products prices (+1.7 %, after +1.3 % in February) and dairy products prices (+1.0 % after +1.2 % in February) went on, while prices of beverages declined slightly (–0.6 %).
The stabilization of “other manufactured products” prices resulted however from opposite changes : still marked increases for chemicals (+1.0 %), slight progressions for textiles and basic metals (+0.4 % each), and a pronounced decrease for pharmaceuticals (-1.3 %).
FOREIGN MARKETS: +0.6 % in March
French producer prices in industry on the foreign markets increased by 0.6 % in March, after +0.3 % in February. The rise concerned all products, excepted pharmaceutical products, stable this month, but which had known a strong decrease in February.
ALL MARKETS: +0.8 % in March
On all markets, the rise of industrial products prices was by +0.8 % in March. Year-on-year, the increase was by 6.1 % for the whole, and soared +34.8 % for the refined petroleum products, which reached the high levels of 2008.
The quick progression of imported industrial products prices, by +1.6 % in March, resulted mainly from the acceleration of petroleum products prices (rise by +9.3 % of refined petroleum products prices), but also from marked increases of chemicals prices and plastics products prices (+1.0 % each). On the whole, import prices of industrial products broke their record of July 2008 (117.6 against of 116.7).
Total Industry price indices
Producer price indices of manufactured products sold on the french market
Import price indices of manufactured products
|base and reference year: 2005|
|Change in %|
|Levels A 10 and A 17 in CPF rev. 2, 2008||Weight||Mar.11||In 1 month||In 1 year|
|(DE) Mining and quarrying, energy, water||130||127.3||0.1||6.7|
|CZ: Manufactured prod.||870||113.0||1.0||6.6|
|(C1) Food products, beverages, tobacco||188||108.2||0.7||5.7|
|(C2) Coke and refined petroleum products||70||156.6||7.2||36.1|
|(C3) Electrical & electronic equip., computers, mach.||92||109.7||0.2||1.8|
|(C4) Transport equipment||79||104.7||0.1||0.6|
|(C5) Other man. products||441||110.3||0.1||4.0|
|CZ: Manufactured prod.||s||106.4||0.7||4.6|
|(C1) Food products, beverages, tobacco||82||115.7||0.3||7.9|
|(C2) Coke and refined petroleum products||25||210.3||8.6||29.2|
|(C3) Electrical & electronic equip., computers, mach.||202||96.5||0.4||0.5|
|(C4) Transport equipment||211||99.7||–0.2||0.7|
|(C5) Other man. products||s||106.6||0.4||5.3|
|CZ: Manufactured prod.||s||110.8||0.9||5.9|
|(C1) Food products, beverages, tobacco||154||109.5||0.6||6.1|
|(C2) Coke and refined petroleum products||56||164.2||7.4||34.8|
|(C3) Electrical & electronic equip., computers, mach.||127||103.0||0.3||1.2|
|(C4) Transport equipment||121||101.9||0.0||0.7|
|(C5) Other man. products||s||109.1||0.2||4.4|
|base and reference year: 2005|
|r: updated ; nd: non available ; s : confidential|
|Change en %|
|Levels A 10 and A 17 of nomenclature CPF rev. 2, 2008||Weight||Mar.11||In 1 month||In 1 year|
|CZ: Manufactured prod.||s||108.8||0.8||6.5|
|(C1) Food products, beverages, tobacco||69||124.7||0.6||10.4|
|(C2) Coke and refined petroleum products||41||163.3||9.3||36.9|
|(C3) Electrical & electronic equip., computers, mach.||210||94.5||–0.2||0.2|
|(C4) Transport equipment||133||101.1||0.1||0.9|
|(C5) Other manufactured products||s||110.5||0.4||6.9|
|Revision of the monthly change (in %)|
|(1) Reading note: the evolution of the index between Jan.11 and Feb.11 published last month was equal to 0.7 %. It is updated to 0.6 %; that is to say a revision of -0.1 %.|
|Dec.10 / Nov.10||Jan.11 / Dec.10||Feb.11 / Jan.11|
|French producer prices in industry sold on:|
|- the French market||//||+0.1||//|
|- the foreign markets||//||//||//|
|- all markets||//||+0.1||-0.1(1)|
|Import prices of industrial products||//||+0.1||+0.1|
n° 110 - April 29, 2011
Industrial Producer and Import Price Indices - March 2011
Next issue September 30, 2014 08:45 - August 2014
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