31 March 2011
2011- n° 83In February 2011, notable rises on the French market and for imported products Industrial Producer and Import Price Indices - February 2011
French producer prices in industry on the French market progressed once again by +0.8 %, after 0.9 % in January and in December. As in January, the still marked growth of refined petroleum products prices on one hand, and the progression of prices of food products and “other manufactured products” on the other hand, explained this increase.
Producer price indices in French industry
FRENCH MARKET: +0.8 % in February
French producer prices in industry on the French market progressed once again by +0.8 %, after 0.9 % in January and in December. As in January, the still marked growth of refined petroleum products prices on one hand, and the progression of prices of food products and “other manufactured products” on the other hand, explained this increase.
Refined petroleum products prices still grew...
Refined petroleum products prices raised by 4.0 %, after +3.7 % in January. Brent progressed indeed again in February, on a pace however attenuated in euro, thanks to its recovery vs. dollar (+5.1 % in euro vs. +7.4 % in dollar).
… and prices of food products and of "other manufactured products" progressed again
Food products prices progressed again, by 1 % (+0.7 % in January). The increases were notable for meat products (+1.3 %), in a context of rising rates of pork meat, for dairy products (+1.2 %) and for beverages, particularly wine (+0.6 %). For the "other manufactured products" prices, the increases were still important on chemicals (+2 %).
Only computer, electronical, optical products and elecrical equipment prices weakened slightly
The prices of computer, electronical, optical products and electrical equipment went down by 0.3 %, especially electronic components and boards (-1.3 %), in line with dollar depreciation.
FOREIGN MARKETS: +0.3 % in February
French producer prices in industry on the foreign markets increased by +0.3 % in February, after a rise by +1.0 % in January. This moderated change resulted mainly from an important decrease of pharmaceutical preparations prices, in a context of competition reinforced by the introduction of new generic medicaments.
ALL MARKETS: +0.7 % in February
On all markets, the rise of industrial products prices was by +0.7 % in February. Year-on-year, the increase was by 5.8 % for the whole, and reached +33.5 % for the refined petroleum products.
Import prices indices of industrial products: +1.1 % in February
The progresses of imported industrial products prices were sustained for the fourth successive month, i.e. 1.1 % in February, after 1.1 %, +2 % and +0.9 % respectively in January, December and November.
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 | Feb.11 | In 1 month | In 1 year |
| French market | ||||
| BE:TOTAL INDUSTRY | 1000 | 113.8 | 0.8 | 6.3 |
| (DE) Mining and quarrying, energy, water | 130 | 126.8 | 0.2 | 6.2 |
| CZ: Manufactured prod. | 870 | 111.9 | 0.9 | 6.3 |
| (C1) Food products, beverages, tobacco | 188 | 107.5 | 1.0 | 4.9 |
| (C2) Coke and refined petroleum products | 70 | 146.2 | 4.0 | 35.3 |
| (C3) Electrical & electronic equip., computers, mach. | 92 | 109.3 | –0.3 | 1.3 |
| (C4) Transport equipment | 79 | 104.5 | 0.0 | 0.4 |
| (C5) Other man. products | 441 | 110.1 | 0.6 | 4.2 |
| Foreign markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 106.6 | 0.3 | 4.7 |
| CZ: Manufactured prod. | s | 105.8 | 0.3 | 4.4 |
| (C1) Food products, beverages, tobacco | 82 | 115.3 | 0.6 | 6.7 |
| (C2) Coke and refined petroleum products | 25 | 193.4 | 5.8 | 25.8 |
| (C3) Electrical & electronic equip., computers, mach. | 202 | 95.9 | –0.1 | 0.3 |
| (C4) Transport equipment | 211 | 100.7 | 0.6 | 1.6 |
| (C5) Other man. products | s | 106.1 | –0.2 | 5.3 |
| All markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 111.5 | 0.7 | 5.8 |
| CZ: Manufactured prod. | s | 109.8 | 0.7 | 5.6 |
| (C1) Food products, beverages, tobacco | 154 | 108.8 | 0.9 | 5.2 |
| (C2) Coke and refined petroleum products | 56 | 152.8 | 4.3 | 33.5 |
| (C3) Electrical & electronic equip., computers, mach. | 127 | 102.5 | –0.2 | 0.8 |
| (C4) Transport equipment | 121 | 102.4 | 0.4 | 1.0 |
| (C5) Other man. products | s | 108.8 | 0.4 | 4.5 |
tableauTableau2 – Import prices of industrial products
| Change en % | ||||
|---|---|---|---|---|
| Levels A 10 and A 17 of nomenclature CPF rev. 2, 2008 | Weight | Feb.11 | In 1 month | In 1 year |
| BE:TOTAL INDUSTRY | 1000 | 115.6 | 1.1 | 9.9 |
| CZ: Manufactured prod. | s | 107.8 | 0.5 | 6.4 |
| (C1) Food products, beverages, tobacco | 69 | 123.8 | 0.7 | 9.8 |
| (C2) Coke and refined petroleum products | 41 | 149.1 | 3.9 | 34.4 |
| (C3) Electrical & electronic equip., computers, mach. | 210 | 94.7 | 0.0 | 0.5 |
| (C4) Transport equipment | 133 | 100.9 | –0.1 | 0.8 |
| (C5) Other manufactured products | s | 109.8 | 0.4 | 7.3 |
- r: updated ; nd: non available ; s : confidential
tableauTableau3 – Revision of each index at total industry level
| Nov.10 / Oct.10 | Dec.10 / Nov.10 | Jan.11 / Dec.10 | |
|---|---|---|---|
| French producer prices in industry sold on: | |||
| - the French market | +0.1 | // | // |
| - the foreign markets | // | // | +0.2(1) |
| - all markets | // | // | +0.1 |
| Import prices of industrial products | +0.1 | // | // |
- (1) Reading note: the evolution of the index between Dec.10 and Jan.11 published last month was equal to 0.8 %. It is updated to 1 %; that is to say a revision of +0.2 .
Pour en savoir plus
