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In May 2011, marked decline of petroleum products prices

Producer price indices in French industry

FRENCH MARKET: -0.5 % in May

In May, French producer prices in industry on the French market moved back (-0.5 %, after +0.8 % in April), after an ininterrupted progress since September 2009. The marked decline of petroleum products, combined to the seasonal drop of steam and hot water tariffs, explained this move.

After months of progress, petroleum products prices declined markedly...

Prices of petroleum products declined for the first time since September 2010, in line with the fall of Brent Crude oil spot (-6.9 % in dollar, -6.1 % in euro). All refined petroleum products were concerned, with nevertheless more notable falls for diesel oil (-5.3 %) and domestic fuel oil (-7 %).

The seasonal drop of steam and hot water tariffs impacted also the energetic producs prices

Prices of section “Electricity, gas, steam and air conditioning” moved back on this same month by 2.4 %, reflecting mainly the seasonal drop of steam and hot water tariffs (-25 %).

Food products prices increased, “other manufactured products” too

Food products prices increased by 0.4 % in May, anyway more moderately than during previous months. Processed and preserved meat prices grew by 0.6 %, after +2.8 % in April, while beverages prices moved up again (+0.5 %), pushed by wine prices (+0.8 %) and malt (+6.2 %).

“Other manufactured products” recorded a progress by 0.4 %, linked to the still notable rises of chemical products.

FOREIGN MARKETS: -0.2 % in May

French producer prices in industry on the foreign markets decreased by 0.2 % in May, after +0.3 % in April. The decline of refined petroleum products (–4.6 %) was augmented by this of pharmaceuticals (–2.7 %), in a context of market authorization for new generic drugs.

ALL MARKETS: -0.4 % in May

On all markets, the drop of industrial products prices was by 0.4 % in May. Year-on-year, the increase was by 5.3 % for the whole (5.8 % in April), refined petroleum products increasing upon a year by 24.3 % (30.3 % in April).

Import prices indices of industrial products: -0.9 % in May

The imported industrial products prices recorded a decrease by 0.9 %, after sensible and continuous rises since November 2010. The marked decline of petroleum products prices explained mainly this fall, due also to decreases of rubber and basic metals prices (respectively -0.6 % and -0.5  %).

Total Industry price indices

Total Industry price indices

Producer price indices of manufactured products sold on the french market

Producer price indices of manufactured products sold on the french market

Import price indices of manufactured products

Import price indices of manufactured products
French Producer Price Indices in industry according to the market where the products are sold:
base and reference year: 2005
Change in %
Levels A 10 and A 17 in CPF rev. 2, 2008 Weight May 11 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 115.3 –0.5 6.0
(DE) Mining and quarrying. energy. water 130 127.1 –1.8 7.4
CZ: Manufactured prod. 870 113.5 –0.3 5.8
(C1) Food products. beverages. tobacco 188 109.7 0.4 6.8
(C2) Coke and refined petroleum products 70 153.2 –4.6 24.3
(C3) Electrical & electronic equip.. computers. mach. 92 109.3 –0.1 1.0
(C4) Transport equipment 79 105.4 0.1 1.1
(C5) Other man. products 441 111.1 0.4 3.8
Foreign markets
BE:TOTAL INDUSTRY 1000 107.3 –0.2 3.6
CZ: Manufactured prod. s 106.6 –0.2 3.3
(C1) Food products. beverages. tobacco 82 116.4 0.0 7.9
(C2) Coke and refined petroleum products 25 205.9 –4.6 24.5
(C3) Electrical & electronic equip.. computers. mach. 202 96.8 0.1 0.9
(C4) Transport equipment 211 99.7 0.0 –0.1
(C5) Other man. products s 107.0 –0.1 3.2
All markets
BE:TOTAL INDUSTRY 1000 112.7 –0.4 5.3
CZ: Manufactured prod. s 111.1 –0.3 5.0
(C1) Food products. beverages. tobacco 154 110.9 0.3 7.0
(C2) Coke and refined petroleum products 56 160.6 –4.6 24.3
(C3) Electrical & electronic equip.. computers. mach. 127 103.0 0.0 0.9
(C4) Transport equipment 121 102.3 0.1 0.5
(C5) Other man. products s 109.8 0.2 3.6
Import prices of industrial products
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 May 11 In 1 month In 1 year
BE:TOTAL INDUSTRY 1000 117.3 –0.9 8.0
CZ: Manufactured prod. s 108.7 –0.3 4.5
(C1) Food products. beverages. tobacco 69 124.7 –0.1 9.1
(C2) Coke and refined petroleum products 41 153.8 –5.9 24.0
(C3) Electrical & electronic equip.. computers. mach. 210 94.0 0.2 –0.7
(C4) Transport equipment 133 101.4 0.2 1.2
(C5) Other manufactured products s 111.3 0.1 4.8
Revision of each index at total industry level
Revision of the monthly change (in %)
(1) Reading note: the evolution of the index between Mar.11 and Apr.11 published last month was equal to 0.6 %. It is updated to 0.7 %; that is to say a revision of +0.1 %.
Feb.11 / Jan.11 Mar.11 / Feb.11 Apr.11 / Mar.11
French producer prices in industry sold on:
- the French market // // //
- the foreign markets // –0.1 //
- all markets +0.1 +0.1 +0.1(1)
Import prices of industrial products –0.1 +0.1 //

Informations Rapides

n° 162 - June 30, 2011

Industrial Producer and Import Price Indices - May 2011

Next issue September 30, 2014 08:45 - August 2014

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