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 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 %).
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 %).
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 %).
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
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 CPA rev. 2, 2008||Weight||Aug.12||Aug / Jul||Jul / Jun||In 1 year|
|(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|
|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|
|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|
|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|
|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 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||//||//|
n° 240 - September 28, 2012
Industrial Producer and Import Price Indices - July-August 2012
Next issue May 31, 2013 08:45 - April 2013
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