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In July 2013, energy prices rebounded

Producer price indices in French industry

FRENCH MARKET: +0.7% in July

In July, French producer prices in industry rallied (+0.7%), following three months of decline, which was slight in June (–0.2%) but significant in both April and May (–1.2%). This rise was due to the recovery of energy prices and the significant increase in food prices.

Energy prices rose again...

Following four straight months of decline, prices for refined petroleum products recovered in July (+3.3% following -0.3% in June and -1.5% in May). The price for Brent crude sourced from the North Sea picked up strongly in Euro terms (+5.6% following –1,8% in June, including one point due to the depreciation of the Euro).

Prices for electricity, gas, etc. rebounded too (+2.8%), following three straight months of significant decline. The rise in electricity prices (+3.9%) was the strongest, the one in gas prices was moderate (+0.2%), despite a rate increase for distribution services (+4.1%).

... prices for food, beverages and tobacco increased ...

Food prices moved up in July (+0.5% following +0.3% in May). The seasonal rise in sheep and pork prices continued to impact meat prices (+1.7% following +1.4% in June), while prices for dairy products, which were still driven up by the rise in the price for raw milk from dairy cattle, advanced again (+1.7% following +2.0% in June). The price for wine from grape rose significantly (+0,8%), as well as prices for tobacco products.

...while prices for "other manufactured products" were stable overall

Prices for "other manufactured products" were stable overall (–0.1% following –0.0% in June).

FOREIGN MARKETS: +0.2% in July

Producer prices of French industrial products sold on foreign markets increased slightly (+0.2%), following three straight months of decline. Prices for refined petroleum products (+4.0%), but also for electricity rose significantly again, while prices for "other manufactured products" dipped (-0.5%), most notably prices for basic metals, driven by the fall in aluminium prices.

ALL MARKETS: +0.5% in July

On all markets, prices increased by 0.5% in July. Year-on-year prices were stable overall (+0.0), with the decline in prices for refined petroleum (-3.0%) being offset by the rise in food prices (+3.6%).

Import price indices of industrial products: +0.6% in July

Import prices moved up (+0.6%), following four straight months of decline, also due to the recovery in prices for refined petroleum products (+4.3%) and crude oil. Yet the stability of prices for "other manufactured products" covered constrated movements: a strong rise in textile prices (+1.2%), and a significant fall in prices for chemical products (-0,5%) and basic metals (–0,8%)

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:
reference year: 2010
Change in %
Levels A 10 and A 17 in CPF rev. 2, 2008 Weight Jul.13 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 107.9 0.7 0.3
(DE) Mining and quarrying, energy, water 226 109.7 2.1 –0.6
CZ: Manufactured prod. 774 107.4 0.3 0.6
(C1) Food products, beverages, tobacco 196 112.4 0.5 3.6
(C2) Coke and refined petroleum products 49 131.5 3.3 –2.6
(C3) Electrical & electronic equip., computers, mach. 53 102.4 –0.2 0.2
(C4) Transport equipment 80 103.2 0.1 0.1
(C5) Other man. products 396 103.4 –0.1 –0.4
Foreign markets
BE:TOTAL INDUSTRY 1000 103.4 0.2 –0.7
CZ: Manufactured prod. 980 103.8 0.1 –0.5
(C1) Food products, beverages, tobacco 100 111.9 0.4 3.4
(C2) Coke and refined petroleum products 37 130.4 4.0 –4.4
(C3) Electrical & electronic equip., computers, mach. 194 97.8 0.1 –2.8
(C4) Transport equipment 252 103.7 0.1 0.6
(C5) Other man. products 397 102.4 –0.5 –0.7
All markets
BE:TOTAL INDUSTRY 1000 106.4 0.5 0.0
CZ: Manufactured prod. 845 106.0 0.2 0.2
(C1) Food products, beverages, tobacco 163 112.3 0.5 3.6
(C2) Coke and refined petroleum products 45 131.3 3.5 –3.0
(C3) Electrical & electronic equip., computers, mach. 102 99.3 0.0 –1.8
(C4) Transport equipment 140 103.6 0.1 0.5
(C5) Other man. products 395 103.0 –0.3 –0.5
Import prices of industrial products
reference year: 2010
r: updated ; nd: non available ; s : confidential
Change en %
Levels A 10 and A 17 of nomenclature CPF rev. 2, 2008 Weight Jul.13 In 1 month In 1 year
BE:TOTAL INDUSTRY 1000 106.5 0.6 –1.4
CZ: Manufactured prod. s 104.0 0.2 –1.2
(C1) Food products, beverages, tobacco 69 114.9 0.4 2.3
(C2) Coke and refined petroleum products 47 132.7 4.3 –3.7
(C3) Electrical & electronic equip., computers, mach. 227 98.0 –0.5 –1.9
(C4) Transport equipment 147 100.0 0.2 –0.9
(C5) Other manufactured products s 103.8 –0.1 –1.3
Revision of each index at total industry level
Revision of the monthly change (in points)
(1) Reading note: the evolution of the index between May and June 2013 published last month was equal to -0.3 %. It is updated to -0.2 %; that is to say a revision of +0.1 point.
Apr.13 / Mar.13 May 13 / Apr.13 Jun.13 / May 13
French producer prices in industry sold on:
- the French market // // +0.1(1)
- the foreign markets // –0.1 –0.1
- all markets // // //
Import prices of industrial products // // //

Informations Rapides

n° 202 - September 4, 2013

Industrial Producer and Import Price Indices - July 2013

Next issue December 23, 2014 08:45 - November 2014

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