In December 2010, notable increase of industrial pricesIndustrial Producer and Import Price Indices - December 2010

The French producer prices in industry on the French market progressed by 1.0 % in December, after +0.4 % in November, that is to say +5.4 % on a one-year period. The notable rise of December resulted mainly from a strong increase of petroleum products prices.

Informations rapides
No 31
Paru le : 01/02/2011
Prochaine parution le : 29/09/2017 at 08:45 - August 2017

Producer price indices in French industry

FRENCH MARKET: +1.0 % in December

The French producer prices in industry on the French market progressed by 1.0 % in December, after +0.4 % in November, that is to say +5.4 % on a one-year period. The notable rise of December resulted mainly from a strong increase of petroleum products prices.

Refined petroleum products prices recorded their strongest increase of 2010.

Refined petroleum products raised by 8.2 % in December, after +2.8 % in November. In January, they had already increased by 6.5 % (+6.4 % in March, +6.3 % in April), then they reduced during the summer. In December, the Brent accelerated its growth and the depreciation of euro vs. dollar reinforced this increase (+10.5 % in euro vs. +7.1 % in dollar). With a growth by 34.6 % on a one-year period, the prices of these products got back to the high levels of March 2008.

Food products prices progressed (+0.6 % over a month, +3.9 % over a year)...

Prices of meat products and of beverages progressed in December, the beverages prices growth being more marked with +2.4 % for wine and +1.1 % for mineral water.

... as prices of "other manufactured products" (+0.3 % over a month, +3.4 % over a year)

For the "other manufactured products", the progressions of December were notable on chemical products (+1.1 % on organic basic chemicals) and on basic metals (+6.9 % on copper products) in a context of rise of raw material products prices (propylene, copper, nickel, etc.).

FOREIGN MARKETS: +0.6 % in December

Energetic products prices explained the main part of the growth of industrial products prices on the external markets (+0.6 %). In addition to refined petroleum products (+4.6 %), the rise of external trade prices of electricity was to notice. Moreover, as on the French market, the increase of basic metals was marked (+7.9 % for copper products).

ALL MARKETS: +0.9 % in December

On all markets, the rise of industrial products was by +0.9 % in December. Year-to-year, relatively to December 2009, the increase was by 4.9 %. If the refined petroleum products explained the main part (+32.1 %), food products rised by 4.0 % and the “other manufactured products” by 3.9 %.

Import prices indices of industrial products: +1.5 % in December

The prices of imported industrial products progressed by 1.5 %. The acceleration of crude petroleum prices, combined with the increase of raw material products prices involved notable rises (+5.2 % for refined petroleum products, +2 % for basic metals).

Graphique1_EN – Total Industry price indices

Graphique2_EN – Producer price indices of manufactured products sold on the French market

Graphique3_EN – Import price indices of manufactured products

Tableau1 – French Producer Price Indices in industry according to the market where the products are sold:

base and reference year: 2005
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 Dec.10 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 111.9 1.0 5.4
(DE) Mining and quarrying, energy, water 130 126.3 0.5 6.0
CZ: Manufactured prod. 870 109.8 1.1 5.3
(C1) Food products, beverages, tobacco 188 105.7 0.6 3.9
(C2) Coke and refined petroleum products 70 136.2 8.2 34.6
(C3) Electrical & electronic equip., computers, mach. 92 109.0 0.3 0.6
(C4) Transport equipment 79 104.1 0.1 0.2
(C5) Other man. products 441 108.5 0.3 3.4
Foreign markets
BE:TOTAL INDUSTRY 1000 105.0 0.6 3.7
CZ: Manufactured prod. s 104.2 0.4 3.5
(C1) Food products, beverages, tobacco 82 112.0 0.9 4.6
(C2) Coke and refined petroleum products 25 174.9 4.6 21.7
(C3) Electrical & electronic equip., computers, mach. 202 95.8 0.2 –0.2
(C4) Transport equipment 211 99.8 0.1 0.2
(C5) Other man. products s 104.7 0.1 5.0
All markets
BE:TOTAL INDUSTRY 1000 109.8 0.9 4.9
CZ: Manufactured prod. s 107.9 0.8 4.7
(C1) Food products, beverages, tobacco 154 106.8 0.7 4.0
(C2) Coke and refined petroleum products 56 141.6 7.6 32.1
(C3) Electrical & electronic equip., computers, mach. 127 102.3 0.2 0.2
(C4) Transport equipment 121 101.7 0.1 0.2
(C5) Other man. products s 107.3 0.2 3.9

    Tableau2 – Import prices of industrial products

    base and reference year: 2005
    Import prices of industrial products
    Change en %
    Levels A 10 and A 17 of nomenclature CPF rev. 2, 2008 Weight Dec.10 In 1 month In 1 year
    BE:TOTAL INDUSTRY 1000 112.6 1.5 9.3
    CZ: Manufactured prod. s 106.4 0.7 5.9
    (C1) Food products, beverages, tobacco 69 118.9 0.6 5.8
    (C2) Coke and refined petroleum products 41 135.1 5.2 30.2
    (C3) Electrical & electronic equip., computers, mach. 210 94.9 0.1 1.2
    (C4) Transport equipment 133 101.0 0.3 0.4
    (C5) Other manufactured products s 108.8 0.6 7.4
    • r: updated ; nd: non available ; s : confidential

    Tableau3 – Revision of each index at total industry level

    Revision of the monthly change (in %)
    Revision of each index at total industry level
    Sep.10 / Aug.10 Oct.10 / Sep.10 Nov.10 / Oct.10
    French producer prices in industry sold on:
    - the French market // // //
    - the foreign markets // // //
    - all markets // // +0,1
    Import prices of industrial products // // +0,1(1)
    • (1) Reading note: the evolution of the index between Oct.10 and Nov.10 published last month was equal to 0.8 %. It is updated to 0.9 %; that is to say a revision of +0.1 %.