1 February 2011
2011- n° 31In December 2010, notable increase of industrial prices Industrial 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.
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).
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 | 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 |
tableauTableau2 – 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
tableauTableau3 – 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 %.
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