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Decrease in import prices, increase in food prices

Producer price indices in French industry

FRENCH MARKET: +0.3 % in September

In September, French producer prices in industry increased slightly (+0.3 %), following a strong rise in August (+1.3 %). Prices for coke and refined petroleum products levelled off (+0.1 %), while they were leading the whole industry in July and August ; prices for other products advanced at a similar rate as in August, most notably food products.

Prices for refined petroleum products leveled off...

Prices for refined petroleum products stalled in September (+0.1 %), following rises of +5.8 % and +7.7 % in July and August, repectively. The price for Brent crude sourced from the North Sea stalled strongly in dollar terms (+0.9 % following +9.9 %) and dropped in euro terms (-2.8 %), due to the appreciation of the euro. Kerosene was the only refined product whose price increased.

...while food prices continued to advance.

Food prices rose again in September (+0.9 % following +0.8 % in August). Prices for meat products were strong for the second straight month (+1.8 % following +2.0 %). Prices for processed meat (+3.2 % following +3.1 %) and poultry meat (+1.0 % following +1.2 %) increased significantly, in a context of sharp rises in swine and cereals prices.

Prices for "other manufactured products" increased overall

The overall rise in prices for "other manufactured products" (+0.3 %) includes seasonal price increases in the clothing industry (+1.8 %) due to the new winter collections, and significant increases in prices for chemical products (+1.5 %).

FOREIGN MARKETS: +0,1 % in September

Producer prices of French industrial products sold on foreign markets were steady in September (+0.1 % following +0.5 % in August). Not including kerosene - which is not taken into account for the export - prices for refined petroleum products fell (-2.0 %). The advances in prices for food products and "other manufactured products" were very moderate.

ALL MARKETS: +0.3 % in September

On all markets, producer prices of French industrial products rose by +0.3 %. Year-over-year the rise was +2.4 %, led by the increase in prices for refined petroleum products (+14.1 %) and - to a lesser extent - food products (+3.6 %).

Import prices indices of industrial products : -0.6 % in September

In September, prices for imported industrial products dropped (-0.6 %), mainly due to the movements in crude and refined oil prices. Except for chemical products (+2.1 %), prices fell overall.

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 Sep.12 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 119.5 0.3 2.9
(DE) Mining and quarrying, energy, water 130 136.7 0.3 5.4
CZ: Manufactured prod. 870 116.9 0.3 2.4
(C1) Food products, beverages, tobacco 188 114.7 0.9 4.0
(C2) Coke and refined petroleum products 70 174.8 0.1 13.4
(C3) Electrical & electronic equip., computers, mach. 92 111.6 0.0 0.9
(C4) Transport equipment 79 106.3 –0.1 0.6
(C5) Other man. products 441 111.7 0.3 0.0
Foreign markets
BE:TOTAL INDUSTRY 1000 108.8 0.1 1.5
CZ: Manufactured prod. s 108.3 0.1 1.3
(C1) Food products, beverages, tobacco 82 119.0 0.3 1.7
(C2) Coke and refined petroleum products 25 237.6 –2.0 17.6
(C3) Electrical & electronic equip., computers, mach. 202 97.3 0.1 0.4
(C4) Transport equipment 211 101.8 0.3 1.6
(C5) Other man. products s 107.3 0.1 –0.1
All markets
BE:TOTAL INDUSTRY 1000 116.1 0.3 2.4
CZ: Manufactured prod. s 113.9 0.2 2.1
(C1) Food products, beverages, tobacco 154 115.4 0.8 3.6
(C2) Coke and refined petroleum products 56 183.6 –0.3 14.1
(C3) Electrical & electronic equip., computers, mach. 127 104.3 0.0 0.7
(C4) Transport equipment 121 103.8 0.1 1.2
(C5) Other man. products s 110.3 0.2 0.0
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 Sep.12 In 1 month In 1 year
BE:TOTAL INDUSTRY 1000 122.1 –0.6 2.3
CZ: Manufactured prod. s 111.5 –0.1 1.6
(C1) Food products, beverages, tobacco 69 131.2 –0.1 4.0
(C2) Coke and refined petroleum products 41 180.5 –0.6 14.3
(C3) Electrical & electronic equip., computers, mach. 210 94.3 –0.4 1.2
(C4) Transport equipment 133 100.3 –0.2 –1.2
(C5) Other manufactured products s 113.6 0.2 0.5
Revision of each index at total industry level
Revision of the monthly change (in %)
(1) Reading note: the evolution of the index between May 2012 and Jun.2012 published last month was equal to 1.2 %. It is updated to 1.3 % ; that is to say a revision of +0.1 %.
Jun.12 / May 12 Jul.12 / Jun.12 Aug.12 / Jul.12
French producer prices in industry sold on:
- the French market // +0.2 +0.1(1)
- the foreign markets // +0.1 //
- all markets // +0.1 +0.1
Import prices of industrial products +0.1 –0.1 //

Informations Rapides

n° 272 - October 31, 2012

Industrial Producer and Import Price Indices - September 2012

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

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