31 May 2011
2011- n° 135In April 2011, sustained growth of energetic products prices Industrial 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.
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 %).
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 | 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 |
tableauTableau2 – 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
tableauTableau3 – 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 %.
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