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.
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 %).
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 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).
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
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||May 11||In 1 month||In 1 year|
|(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|
|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|
|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|
|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|
|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 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||//|
n° 162 - June 30, 2011
Industrial Producer and Import Price Indices - May 2011
Next issue March 28, 2014 08:45 - February 2014
January 2013 : Insee has stopped publicating datas on business failures. Datas are now on Banque de France website.
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