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Prices for food and petroleum products rose in both July and August

Producer price indices in French industry

FRENCH MARKET: +1.2 % in August, following +0.4 % in July

In August, French producer prices in industry increased significantly (+1.2 %), following a more moderate rise in July (+0.4 %). Prices for refined petroleum products and food products rose in both months, while prices for "other manufactured products" rose back in August (+0.4 %) after having significantly dropped in July (–0.6 %)

Prices for refined petroleum products increased in both August and July ...

Prices for refined petroleum products moved up in both August (+7.8 %) and July (+5.8 %). Indeed, the price for Brent crude sourced from the North Sea continued to rise in dollar terms (+9.9 % following +6.6 %), as well as in euro terms (+8.8 % following +8.2 %).

... as well as food prices.

Food prices increased in both months (+0.8 % following +0.3 % in July). These advances can be traced to the significant rises in meat prices (+3.2 % following +0.9 %) and - to a lesser extent - prices for meat products (+0.1 % following +1.0 %), in a context of sharply higher prices for swine and cattle. Other food prices fell, driven by the price of sugar. (–9.8 %).

Prices for "other manufactured products" rose back, following a decline in July.

In July, the fall in prices for "other manufactured products" was mainly due to a significant decline in prices for chemical products (-2.9 %), driven by - with a delay - oil prices. In August, prices for these same chemical products rose back (+3.4 %), but the overall increase was lessened by lower prices for pharmaceutical products (-1.4 %).

FOREIGN MARKETS: +0,5 % in August, following +0.2 % in July

Producer prices of French industrial products sold on foreign markets increased significantly (+0.5 % following +0.2 % in July), mostly due to the rises in prices for refined petroleum products (+8.9 % following +4.9 %). In August, the rise in prices for chemical products (+1.7 %) was offset by the fall in prices for pharmaceutical products (-1.0 %).

ALL MARKETS: +1.0 % in August following +0.4 % in July

On all markets, producer prices of French industrial products rose by +1.0 % in August. Year-over-year, the rise was +2.2 % for the "total industry", led by refined petroleum products (+17.2 %).

Import prices indices of industrial products : +1.6 % in August following +1.8 % in July

In August, prices for imported industrial products rose significantly again (+1.6 % following +1.8 % in July). These increases were mainly attributable to the buying prices for oil and refined petroleum products. The significant rises in food prices (+1.1 % following +1.4 %) also contributed to these advances.

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 CPA rev. 2, 2008 Weight Aug.12 Aug / Jul Jul / Jun In 1 year
French market
BE:TOTAL INDUSTRY 1000 118.8 1.2 0.4 2.6
(DE) Mining and quarrying, energy, water 130 134.1 1.1 0.6 3.9
CZ: Manufactured prod. 870 116.5 1.3 0.4 2.4
(C1) Food products, beverages, tobacco 188 113.7 0.8 0.3 2.9
(C2) Coke and refined petroleum products 70 174.6 7.8 5.8 16.1
(C3) Electrical & electronic equip., computers, mach. 92 112.3 0.2 0.0 1.6
(C4) Transport equipment 79 106.5 0.1 0.1 0.7
(C5) Other man. products 441 111.2 0.4 -0.6 –0.4
Foreign markets
BE:TOTAL INDUSTRY 1000 108.6 0.5 0.2 1.4
CZ: Manufactured prod. s 108.3 0.5 0.2 1.4
(C1) Food products, beverages, tobacco 82 118.7 0.5 0.2 1.1
(C2) Coke and refined petroleum products 25 242.5 8.9 4.9 22.6
(C3) Electrical & electronic equip., computers, mach. 202 97.1 0.1 0.1 0.0
(C4) Transport equipment 211 101.5 0.0 0.4 1.4
(C5) Other man. products s 107.3 –0.1 -0.2 –0.1
All markets
BE:TOTAL INDUSTRY 1000 115.6 1.0 0.4 2.2
CZ: Manufactured prod. s 113.7 1.0 0.4 2.0
(C1) Food products, beverages, tobacco 154 114.5 0.8 0.3 2.5
(C2) Coke and refined petroleum products 56 184.1 8.0 5.7 17.2
(C3) Electrical & electronic equip., computers, mach. 127 104.6 0.1 0.1 0.9
(C4) Transport equipment 121 103.7 0.0 0.2 1.1
(C5) Other man. products s 110.0 0.2 -0.5 –0.3
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 CPA rev. 2, 2008 Weight Aug.12 Aug / Jul Jul / Jun In 1 year
BE:TOTAL INDUSTRY 1000 123.0 1.6 1.8 4.0
CZ: Manufactured prod. s 111.7 0.9 0.8 2.1
(C1) Food products, beverages, tobacco 69 131.6 1.1 1.4 3.9
(C2) Coke and refined petroleum products 41 181.6 8.0 8.7 19.2
(C3) Electrical & electronic equip., computers, mach. 210 94.4 –0.1 0.3 1.5
(C4) Transport equipment 133 100.4 –0.1 0.0 –0.9
(C5) Other man. products s 113.8 0.5 0.1 0.6
Revision of each index at total industry level
Revision of the monthly change (in %)
(1) Reading note: the evolution of the index between Apr.12 and May 12 published last month was equal to -1 %. It is updated to -1,1 %; that is to say a revision of -0,1 %.
May 12 / Apr.12 Jun.12 / May 12
French producer prices in industry sold on:
- the French market -0.1(1) //
- the foreign markets // //
- all markets –0.1 //
Import prices of industrial products // //

Informations Rapides

n° 240 - September 28, 2012

Industrial Producer and Import Price Indices - July-August 2012

Next issue June 28, 2013 08:45 - May 2013

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