In April 2011, sustained growth of energetic products pricesIndustrial Producer and Import Price Indices - April 2011

In April, French producer prices in industry on the French market kept on increasing : +0.8 %, after +0.9 % in March and +0.8 % in February. However, this month, the growth of prices resulted from a more global increase of energetic products prices, petroleum products prices growing less fast.

Publications for experts
Informations rapides – No 135
Paru le : 05/31/2011
Prochaine parution le : 12/21/2016 at 08:45 - November 2016

Producer price indices in French industry

FRENCH MARKET: +0.8 % in April

In April, French producer prices in industry on the French market kept on increasing : +0.8 %, after +0.9 % in March and +0.8 % in February. However, this month, the growth of prices resulted from a more global increase of energetic products prices, petroleum products prices growing less fast.

Energetic products prices contributed to the increase...

Prices of electricity, gas, steam and air conditioning supply rised globally by +2.5 %, pushed by the increase of distribution of gaseous fuels through mains in April, by +7.4 %.

… while the growth of refined petroleum products prices was less fast…

Prices of refined petroleum products rised by +2.4 % in April, after growths by +4.7 % and +7.2 % respectively in February and March, in line with an ininterrupted increase of Brent Crude oil spot (+18.6 % on the last three months, in euro).

…and food products and “other manufactured products” prices increased, too

Food products prices progressed again, by +0.8 %, after +0.7 % and +1.1 % respectively in February and March. The price of meat was still oriented upwards (+2.8  % for preserved meat and meat products and +0.8 % for processed and preserved poultry meat), as beverages prices (+0.9 % for wine). With the exception of pharmaceuticals (-0.4 %) and repair and installation (-0.8 %), “other manufactured products” prices increased, too, notably chemicals (+2.6 % for fertilizers and nitrogen compounds), and basic metals (+0.6 %), pushed by international rates of raw materials.

FOREIGN MARKETS: +0.3 % in April

French producer prices in industry on the foreign markets increased more moderately in April than in March, respectively by +0.3 % after +0.5 %. The rise of manufactured products prices was indeed globally more moderate, notably this of refined petroleum products prices (+4.7 % after +8.6 %).

ALL MARKETS: +0.6 % in April

On all markets, the rise of industrial products prices was by 0.6 % in April. Year-on-year, the increase was by 5.8 % for the whole, and these prices on all markets overtook slightly their previous summit, in July 2008.

Import prices indices of industrial products: +1.1 % in April

The imported industrial products prices recorded a new marked increase by +1.1 %, equal to this of March. Prices of imported crude petroleum were still rising, as these of refined petroleum products (+2.2 %), chemicals (+1.6 %) and basic metals (+0.8 %).

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 Apr.11 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 115.8 0.8 6.4
(DE) Mining and quarrying, energy, water 130 129.6 2.1 6.9
CZ: Manufactured prod. 870 113.7 0.5 6.4
(C1) Food products, beverages, tobacco 188 109.2 0.8 6.7
(C2) Coke and refined petroleum products 70 160.5 2.4 31.2
(C3) Electrical & electronic equip., computers, mach. 92 109.5 –0.4 1.5
(C4) Transport equipment 79 105.3 0.4 1.0
(C5) Other man. products 441 110.6 0.2 3.6
Foreign markets
BE:TOTAL INDUSTRY 1000 107.4 0.3 4.3
CZ: Manufactured prod. s 106.7 0.4 4.0
(C1) Food products, beverages, tobacco 82 116.5 0.7 8.9
(C2) Coke and refined petroleum products 25 215.9 4.7 26.1
(C3) Electrical & electronic equip., computers, mach. 202 96.5 –0.3 0.6
(C4) Transport equipment 211 99.6 0.0 0.4
(C5) Other man. products s 106.9 0.2 4.2
All markets
BE:TOTAL INDUSTRY 1000 113.1 0.6 5.8
CZ: Manufactured prod. s 111.3 0.5 5.6
(C1) Food products, beverages, tobacco 154 110.5 0.8 7.1
(C2) Coke and refined petroleum products 56 168.2 2.8 30.3
(C3) Electrical & electronic equip., computers, mach. 127 102.9 –0.3 1.0
(C4) Transport equipment 121 102.2 0.2 0.7
(C5) Other man. products s 109.4 0.2 3.8

    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 Apr.11 In 1 month In 1 year
    BE:TOTAL INDUSTRY 1000 118.4 1.1 9.2
    CZ: Manufactured prod. s 109.1 0.4 5.6
    (C1) Food products, beverages, tobacco 69 124.9 0.4 10.3
    (C2) Coke and refined petroleum products 41 163.8 2.2 29.1
    (C3) Electrical & electronic equip., computers, mach. 210 94.2 –0.3 0.0
    (C4) Transport equipment 133 101.2 0.0 1.1
    (C5) Other manufactured products s 111.1 0.6 5.9
    • 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
    Jan.11 / Dec.10 Feb.11 / Jan.11 Mar.11 / Feb.11
    French producer prices in industry sold on:
    - the French market –0.1 // //
    - the foreign markets // // –0.1
    - all markets // // –0.1
    Import prices of industrial products // // -0.5(1)
    • (1) Reading note: the evolution of the index between Feb.11 and Mar.11 published last month was equal to 1,6 %. It is updated to 1,1 %; that is to say a revision of -0,5 %.