27 February 2012
2012- n° 54Prices increased in all markets Industrial Producer and Import Price Indices - January 2012
In January, French producer prices in industry rose by 0.6 %, following a near-stability in December (-0.1 %), at a similar rate to October and November (+0.5 % and +0.4 %, respectively). Once again, this increase is mainly attributable to a rise in petroleum products prices.
Producer price indices in French industry
FRENCH MARKET: +0.6 % in January
In January, French producer prices in industry rose by 0.6 %, following a near-stability in December (-0.1 %), at a similar rate to October and November (+0.5 % and +0.4 %, respectively). Once again, this increase is mainly attributable to a rise in petroleum products prices.
Prices of refined petroleum products moved up
In January, prices of Brent crude (sourced from the North Sea) increased by 3.4 % in dollar terms, and by 5.2 % in euro terms due to the euro depreciation. Prices of refined petroleum products rose significantly: +9.5 % for unleaded premium gas, +4.2 % for diesel oil, and +4.7 % for heating oil.
Food prices were unchanged
Food prices were unchanged for a third straight month.
Preserved meat (-2.8 %) and preserved poultry meat (–1.5 %) prices fell, while chocolate and sugar confectionery prices increased significantly (+4.9 %) due to higher cocoa prices.
Prices of “other manufactured products” increased moderately
Prices of “other manufactured products” rose by 0.3 %, following two months of stability (-0.1 % in November, and 0.0 % in December). Prices of glass products (+1.1 %), cement and plaster products (+3.3 %) and articles of concrete (+2.1 %) moved up in January, following several months of stability.
FOREIGN MARKETS: + 0.6 % in January
Producer prices of French industrial products sold on foreign markets increased by 0.6 %, ending a period of relatively stable prices since April 2011. This movement is mainly attributable to a significant rise in petroleum products prices (+8.8 %), but textiles prices (+1.6 %) and pharmaceutical products prices (+1.7 %) also increased.
ALL MARKETS: +0.6 % in January
In all markets, producer prices of French industrial products increased by 0.6 % in January, 3.5 % year-over-year.
Import prices indices of industrial products : +1.2 % in January
Imported industrial products prices increased significantly in January (+1.2 %), following a slight decline in December (-0.2 %). This increase is mainly attributable to higher energy prices. The Euro depreciation against the US dollar was also a factor in this increase.
graphiqueGraphique1_EN – Total Industry price indices
graphiqueGraphique2_EN – Producer price indices of manufactured products sold on the french market
graphiqueGraphique3_EN – Import price indices of manufactured products
tableauTableau1 – French Producer Price Indices in industry according to the market where the products are sold:
| Change in % | ||||
|---|---|---|---|---|
| Levels A 10 and A 17 in CPF rev. 2, 2008 | Weight | Jan.12 | In 1 month | In 1 year |
| French market | ||||
| BE:TOTAL INDUSTRY | 1000 | 117.8 | 0.6 | 4.2 |
| (DE) Mining and quarrying, energy, water | 130 | 135.1 | 0.1 | 6.8 |
| CZ: Manufactured prod. | 870 | 115.2 | 0.7 | 3.8 |
| (C1) Food products, beverages, tobacco | 188 | 110.6 | –0.1 | 3.9 |
| (C2) Coke and refined petroleum products | 70 | 167.2 | 4.9 | 18.9 |
| (C3) Electrical & electronic equip., computers, mach. | 92 | 110.5 | 0.1 | 0.7 |
| (C4) Transport equipment | 79 | 107.0 | 0.0 | 2.5 |
| (C5) Other man. products | 441 | 111.3 | 0.3 | 1.6 |
| Foreign markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 108.3 | 0.6 | 1.9 |
| CZ: Manufactured prod. | s | 107.8 | 0.7 | 2.1 |
| (C1) Food products, beverages, tobacco | 82 | 117.3 | –0.5 | 2.4 |
| (C2) Coke and refined petroleum products | 25 | 228.0 | 8.8 | 24.6 |
| (C3) Electrical & electronic equip., computers, mach. | 202 | 97.7 | 0.4 | 1.6 |
| (C4) Transport equipment | 211 | 100.9 | 0.4 | 1.0 |
| (C5) Other man. products | s | 107.3 | 0.4 | 0.7 |
| All markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 114.8 | 0.6 | 3.5 |
| CZ: Manufactured prod. | s | 112.6 | 0.7 | 3.2 |
| (C1) Food products, beverages, tobacco | 154 | 111.7 | –0.1 | 3.6 |
| (C2) Coke and refined petroleum products | 56 | 175.7 | 5.6 | 19.9 |
| (C3) Electrical & electronic equip., computers, mach. | 127 | 104.0 | 0.2 | 1.1 |
| (C4) Transport equipment | 121 | 103.6 | 0.2 | 1.7 |
| (C5) Other man. products | s | 110.0 | 0.3 | 1.3 |
tableauTableau2 – Import prices of industrial products
| Change en % | ||||
|---|---|---|---|---|
| Levels A 10 and A 17 of nomenclature CPF rev. 2, 2008 | Weight | Jan.12 | In 1 month | In 1 year |
| BE:TOTAL INDUSTRY | 1000 | 120.6 | 1.2 | 5.3 |
| CZ: Manufactured prod. | s | 110.0 | 0.9 | 2.4 |
| (C1) Food products, beverages, tobacco | 69 | 127.3 | 0.5 | 3.6 |
| (C2) Coke and refined petroleum products | 41 | 171.2 | 6.9 | 19.2 |
| (C3) Electrical & electronic equip., computers, mach. | 210 | 94.2 | 0.5 | –0.6 |
| (C4) Transport equipment | 133 | 102.3 | 0.5 | 1.2 |
| (C5) Other manufactured products | s | 111.4 | 0.4 | 1.6 |
- r: updated ; nd: non available ; s : confidential
tableauTableau3 – Revision of each index at total industry level
| Oct.11 / Sep.11 | Nov.11 / Oct.11 | Dec.11 / Nov.11 | |
|---|---|---|---|
| French producer prices in industry sold on: | |||
| - the French market | // | // | // |
| - the foreign markets | // | // | // |
| - all markets | // | // | // |
| Import prices of industrial products | // | -0.1(1) | // |
- (1) Reading note: the evolution of the index between Oct.11 and Nov.11 published last month was equal to 0.5 %. It is updated to 0,4 %; that is to say a revision of -0,1 %..
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