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Decline in prices for petroleum products and chemicals

Producer price indices in French industry

FRENCH MARKET: -0.5 % in November

In November, French producer prices in industry lagged by 0.5 %, after the increase by +0.5 % in October, stopping the rising trend acting since July 2012. Prices for refined petroleum products withdrew for the second consecutive month (-3.0 % after -1.2 %) and prices for "other manufactured products" decreased (–0.5 %), mainly because of the noticeable withdraw of chemicals (-2.4 %).

Prices for refined petroleum products withdrew again…

Prices for refined petroleum products withdrew in line with Brent crude (-1.2 % in euro terms in November after -2.1 % in October). All petroleum products decreased this month. The withdraw was especially marked for unleaded premium gas, of which the price decreased for the second consecutive month (-5,5 % after -7.4 % in October).

... prices for "other manufactured products" decreased…

Prices for "other manufactured products" decreased (–0.5 %), in a context of general drop of raw materials prices. Prices for chemical products dropped (-2.4 %), mainly because of basic chemicals (-4.0 %). Basic metals went on falling (-0.3 % in November as in October), more generally.

... while food prices increased slightly...

Food prices increased by +0.3 %. This is especially the case for prepared animal feeds (+1.5 %), while prices for meat products went on falling (-0.6 % after -0.3 %), notably for swine meat (-6.3 % after -2.5 %).

FOREIGN MARKETS: -0,1 % in November

Producer prices of French industrial products sold on foreign markets stabilized in November (-0.1 %). Prices for refined petroleum products (-2.9 %) were in phase with domestic market (-3.0 %). This decrease was balanced by the increase of transport equipment prices (+0.3 %).

ALL MARKETS: -0.4 % in November

On all markets, producer prices of French industrial products lagged by 0.4 % in November but kept on rising year-over-year (+1.5 %, of which +4.4 % for refined petroleum products).

Import prices indices of industrial products : -0.1 % in November

In November, buying prices for imported industrial products decreased very slightly compared to October (-0.1 %). The most notable changes concerned here again prices for refined petroleum products (-3.2 %), and to a lesser extent prices for food products (-0.6 %), particularly meat products (-2.8 %), especially swine meat.

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 Nov.12 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 119.4 –0.5 1.9
(DE) Mining and quarrying, energy, water 130 140.0 –0.3 3.6
CZ: Manufactured prod. 870 116.3 –0.6 1.6
(C1) Food products, beverages, tobacco 188 115.0 0.3 3.9
(C2) Coke and refined petroleum products 70 167.5 –3.0 4.7
(C3) Electrical & electronic equip., computers, mach. 92 111.6 0.0 1.0
(C4) Transport equipment 79 106.5 0.1 0.5
(C5) Other man. products 441 111.4 –0.5 0.2
Foreign markets
BE:TOTAL INDUSTRY 1000 108.3 –0.1 0.7
CZ: Manufactured prod. s 107.7 –0.1 0.8
(C1) Food products, beverages, tobacco 82 119.6 0.1 1.7
(C2) Coke and refined petroleum products 25 216.9 –2.9 3.3
(C3) Electrical & electronic equip., computers, mach. 202 97.2 0.1 0.1
(C4) Transport equipment 211 101.8 0.3 1.7
(C5) Other man. products s 106.9 –0.1 0.3
All markets
BE:TOTAL INDUSTRY 1000 115.8 –0.4 1.5
CZ: Manufactured prod. s 113.3 –0.4 1.3
(C1) Food products, beverages, tobacco 154 115.8 0.2 3.5
(C2) Coke and refined petroleum products 56 174.4 –3.0 4.4
(C3) Electrical & electronic equip., computers, mach. 127 104.2 0.0 0.6
(C4) Transport equipment 121 103.9 0.2 1.2
(C5) Other man. products s 110.0 –0.4 0.2
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 Nov.12 In 1 month In 1 year
BE:TOTAL INDUSTRY 1000 121.0 –0.1 1.3
CZ: Manufactured prod. s 110.6 –0.2 1.2
(C1) Food products, beverages, tobacco 69 130.9 –0.6 3.2
(C2) Coke and refined petroleum products 41 170.5 –3.2 5.2
(C3) Electrical & electronic equip., computers, mach. 210 94.2 0.1 1.1
(C4) Transport equipment 133 100.3 –0.1 –1.2
(C5) Other manufactured products s 112.8 0.1 0.9
Revision of each index at total industry level
Revision of the monthly change (in %)
(1) Reading note: the evolution of the index between Sep.12 and Oct.12 published last month was equal to -0,3 %. It is updated to–0,4 %; that is to say a revision of -0,1 %.
Aug.12 / Jul.12 Sep.12 / Aug.12 Oct.12 / Sep.12
French producer prices in industry sold on:
- the French market // –0.1 //
- the foreign markets // // -0.1(1)
- all markets // // //
Import prices of industrial products // // //

Informations Rapides

n° 320 - December 27, 2012

Industrial Producer and Import Price Indices - november 2012

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

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