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In December 2015, fall in of producer prices in industry

Producer prices in French industry: -1.1% in December

On all markets (French market and foreign markets), prices declined anew in December 2015 (-1.1%) following three months of virtually stability. Year over year, they decreased by 2.2%, mainly due to slumping prices for refined petroleum products (-28.0%).

FRENCH MARKET: -1.2%

In December 2015, French producer prices in industry for the French market dropped (-1.2% following +0.2% in November). Prices decreased both in mining and quarrying industry, energy and water and in manufactured industry.

Prices for refined petroleum products plumetted

In December, prices for refined petroleum products declined considerably (-16.5%) after a slighter fall over the last three months (+0.3% in November, -2.4% in October and -1.7% in September). The index hit its lowest level since March 2009. The fall concerned all kinds of refined petroleum products, mainly gas oil and heavy fuel oil. Year over year, prices for refined petroleum products slumped (–28.8%).

Prices for other energy products slided

Prices for mining and quarrying products, energy, water fell back (-1.6% in December following +1.2% in November), owing to mild temperatures and to sustained offer of electricity. Prices on the electricity wholesale market and gas prices continued to drop.

Food prices fell

In December, food prices declined again (-0.2% after -0.3% in November). By products, the changes prices ranged from -1.1% for oils and fats to +0.4% for processed and preserved fish.

Prices for other manufactured products declined slightly

Prices for other manufactured products declined in December as in November (-0.2%). The drop in prices for main industrial products (basic metals products, rubber products and chemical products) was partially offset by the seasonal rise in prices for textile industry products, in connexion with the initial release of summer collections.

FOREIGN MARKETS: -0.8%

Producer prices of French industrial products sold on foreign markets fell back in December (-0.8% following +0.1% in November). They dipped above all for energy and refined petroleum products.

Import price indices of industrial products: -1.7% in December

In December, import prices dropped clearly (-1.7% after +0.1% in November), driven down by coke and petroleum products. Prices decreased in all the main industrial sectors, except for electrical and electronic equipments and agri-food products, whose prices remained stable or practically stable.

Total Industry price indices

Total Industry price indices

Source: INSEE

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 Dec.15 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 103.0 –1.2 –2.8
(DE) Mining and quarrying, energy, water 194 111.5 –1.6 –3.0
CZ: Manufactured prod. 806 100.5 –1.1 –2.7
(C1) Food products, beverages, tobacco 186 108.1 –0.2 –0.4
(C2) Coke and refined petroleum products 56 65.8 –16.5 –28.8
(C3) Electrical & electronic equip., computers, mach. 72 101.2 –0.1 –0.8
(C4) Transport equipment 111 103.9 –0.1 0.3
(C5) Other man. products 380 100.7 –0.2 –1.6
Foreign markets
BE:TOTAL INDUSTRY 1000 101.9 –0.8 –0.6
(DE) Mining and quarrying, energy, water 32 89.3 –7.2 –6.8
CZ: Manufactured prod. 968 102.4 –0.6 –0.4
(C1) Food products, beverages, tobacco 122 113.7 –0.6 1.5
(C2) Coke and refined petroleum products 26 68.7 –10.2 –22.5
(C3) Electrical & electronic equip., computers, mach. 180 100.0 –0.3 0.7
(C4) Transport equipment 169 105.2 0.0 0.7
(C5) Other man. products 471 101.3 –0.5 –0.7
All markets
BE:TOTAL INDUSTRY 1000 102.2 –1.1 –2.2
(DE) Mining and quarrying, energy, water 155 110.4 –1.9 –3.2
CZ: Manufactured prod. 845 100.6 –1.0 –2.1
(C1) Food products, beverages, tobacco 171 109.2 –0.2 0.0
(C2) Coke and refined petroleum products 49 65.7 –15.8 –28.0
(C3) Electrical & electronic equip., computers, mach. 98 99.7 –0.1 –0.2
(C4) Transport equipment 125 104.5 0.0 0.5
(C5) Other man. products 402 100.8 –0.3 –1.3
Import prices of industrial products
reference year: 2010
r: updated ; nd: non available ; s: confidential
Source: INSEE
Change in %
Levels A 10 and A 17 of nomenclature CPF rev. 2, 2008 Weight Dec.15 In 1 month In 1 year
BE:TOTAL INDUSTRY 1000 95.0 –1.7 –4.5
CZ: Manufactured prod. s 98.1 –0.9 –2.1
(C1) Food products, beverages, tobacco 71 111.7 0.1 –0.3
(C2) Coke and refined petroleum products 53 64.7 –16.3 –27.3
(C3) Electrical & electronic equip., computers, mach. 225 97.2 0.0 0.7
(C4) Transport equipment 147 98.1 –0.3 –1.5
(C5) Other manufactured products s 101.1 –0.3 –1.4
Revision of each index at total industry level
Revision of the monthly change (in %)
Reading note: the change of the index on French market between Oct.15 and Nov.15 has been revised by 0,1 points: published at the end of December equal to 0,1%, it has been updated to 0,2%.
Sep.15 / Aug.15 Oct.15 / Sep.15 Nov.15 / Oct.15
French producer prices in industry sold on:
- the French market // –0.1 +0.1
- the foreign markets –0.1 // +0.1
- all markets // +0.1 //
Import prices of industrial products –0.1 –0.1 –0.1

Informations Rapides

n° 32 - January 29, 2016

Industrial Producer and Import Price Indices - December 2015

Next issue May 31, 2016 08:45 - April 2016

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