30 November 2009

2009- n° 309

In October, noticeable increase of energetic products prices Industrial Producer and Import Price Indices - October 2009

In October, the producer price indices on the French market displayed an increase of +0,8 %, after a slight decline in September (-0,3 %).

Linked with the bounce of crude petroleum prices (+6,0 %), the prices of coke and refined petroleum products stood up noticeably (+3,1 %), while electricity and gas prices progressed too, that is +5,3 % for the mining and quarrying, energy and water products.

The food industries prices withdrew once again in October (-0,9 % after -0,4 % in September). Prices of meat, of which beef meat notably, and prices of milk in a minor scale remained negatively oriented.

In a context of increasing petroleum prices, the prices of chemical products raised of +0,4 %. The prices of basic metals and fabricated metal products bended, due to the repercussion, sometimes delayed, of the falling prices of intermediate products and the lifelessness of the domestic demand.

The French producer price indices increased also on the external markets, due to the noticeable raise of the prices of coke and refined petroleum products (+4,9 %). The prices of « other manufactured products » stood up slightly (+0,4 %).

The French producer prices on domestic and foreign markets progressed of +0,7 %. On a year, the withdraw is now compiled at -6,6 %, vs. -7,5 % in September.

Strongly driven by the raise of petroleum prices, the import prices of industrial products increased globally of +0,5 %. This growth is nevertheless limited to the lone energetic products (petroleum, gas, electricity) and chemical products, the prices of the other products displaying a slight decrease.