In April, prices were almost unchanged on all marketsIndustrial Producer and Import Price Indices - April 2014

In April, French producer prices in industry for French market leveled off (–0.1 % after –0.4 %). Energy prices fell again, most notably electricity and gas prices (–1.3 % after –1.2 %), food prices moved up, while prices for other industrial products were almost unchanged overall.

Informations rapides
No 124
Paru le : 28/05/2014
Prochaine parution le : 22/12/2017 at 08:45 - November 2017

Producer price indices in French industry

FRENCH MARKET: –0.1 % in April

In April, French producer prices in industry for French market leveled off (–0.1 % after –0.4 %). Energy prices fell again, most notably electricity and gas prices (–1.3 % after –1.2 %), food prices moved up, while prices for other industrial products were almost unchanged overall.

Energy prices dropped again

Prices for electricity (–0.9 %) and gas (–2.7 %) moved down for the fourth consecutive month.

Prices for refined petroleum products dipped slightly (–0.2 % after –1.9 %), driven by the price for Brent crude sourced from the North Sea (+0.2 % in euros). The significant fall in prices for some petroleum products (kerosene, bitumen,…) offset the strong increase in unleaded premium gas (+2.7 %).

Food prices increased

Food prices advanced in April (+0.5 % after +0.1 % in March and +0.0 % in February). The increase in meat prices was significant (+3.4 % after +0.4 % in March), partly reflecting the seasonal rise in prices for swine meat and certain beef meat parts. Prices for dairy products moved up for the second month in a row (+0.6 % after +0.9 % in March), while, conversely, prices for bakery products dropped for the third month in a row.

Prices for most “other manufactured products” were unchanged

The rise in prices for chemical products (+0.4 %) due to higher ethylene prices was indeed offset by the fall in prices for pharmaceutical products (–0.9 %), most notably medicaments (–1.2 %).

FOREIGN MARKETS: +0.1% in April

Producer prices of French industrial products sold on foreign markets were almost unchanged (+0.1 % after –0.2 % in March). While prices for refined petroleum products increased (+3.1 % after +1.3 % in March), mostly driven by prices for medium petroleum oils, electricity prices plunged (–12.4 % after +4.5 %), whereas food prices (+0.4 %) and prices for electrical and electronic equipment (+0.3 %) moved up.

ALL MARKETS: –0.1 % in April

On all markets, prices were almost unchanged in April (–0.1 % after –0.3 % in March). Year over year, only food prices and prices for transport equipment were unchanged, while prices for the other products fell significantly.

Import price indices of industrial products: –0.1 % in April

Import prices also leveled off (–0.1 % after –0.6 % in March). Buying prices for refined petroleum products and crude oil rose moderately, following a significant fall in March, while prices for textiles and metals moved down (–0.4 % in both cases).

Graphique1_EN – Total Industry price indices

  • reference year : 2010

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

  • reference year : 2010

Graphique3_EN – Import price indices of manufactured products

  • reference year : 2010

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

reference year: 2010
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.14 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 107.7 –0.1 –0.9
(DE) Mining and quarrying, energy, water 226 112.2 –0.9 –1.0
CZ: Manufactured prod. 774 106.4 0.1 –0.8
(C1) Food products, beverages, tobacco 196 111.2 0.5 –0.3
(C2) Coke and refined petroleum products 49 124.6 –0.2 –3.9
(C3) Electrical & electronic equip., computers, mach. 53 101.7 –0.2 –0.9
(C4) Transport equipment 80 103.0 0.0 0.3
(C5) Other man. products 396 103.0 0.0 –0.9
Foreign markets
BE:TOTAL INDUSTRY 1000 102.8 0.1 –1.3
CZ: Manufactured prod. 980 103.1 0.2 –1.1
(C1) Food products, beverages, tobacco 100 112.9 0.4 1.7
(C2) Coke and refined petroleum products 37 126.4 3.1 –1.5
(C3) Electrical & electronic equip., computers, mach. 194 97.5 0.3 –2.0
(C4) Transport equipment 252 103.6 –0.1 –0.1
(C5) Other man. products 397 101.2 0.0 –2.1
All markets
BE:TOTAL INDUSTRY 1000 106.1 –0.1 –1.0
CZ: Manufactured prod. 845 105.1 0.2 –1.0
(C1) Food products, beverages, tobacco 163 111.6 0.4 0.1
(C2) Coke and refined petroleum products 45 125.2 0.7 –3.2
(C3) Electrical & electronic equip., computers, mach. 102 98.9 0.1 –1.6
(C4) Transport equipment 140 103.4 0.0 0.0
(C5) Other man. products 395 102.4 0.0 –1.3

    Tableau2 – Import prices of industrial products

    reference year: 2010
    Import prices of industrial products
    Change in %
    Levels A 10 and A 17 of nomenclature CPF rev. 2, 2008 Weight Apr.14 In 1 month In 1 year
    BE:TOTAL INDUSTRY 1000 104,0 –0,1 –2,1
    CZ: Manufactured prod. s 102.3 0.0 –1.8
    (C1) Food products, beverages, tobacco 69 113.7 0.2 0.2
    (C2) Coke and refined petroleum products 47 125.3 0.8 –1.5
    (C3) Electrical & electronic equip., computers, mach. 227 96.8 0.1 –1.6
    (C4) Transport equipment 147 99.4 0.0 –0.8
    (C5) Other manufactured products s 102.1 –0.1 –2.7
    • r: updated ; nd: non available ; s : confidential -Source : Insee

    Tableau3 – Revision of each index at total industry level

    Revision of the monthly change (in %)
    Revision of each index at total industry level
    Jan.14 / Dec.13 Feb.14 / Jan.14 Mar.14 / Feb.14
    French producer prices in industry sold on:
    - the French market // // //
    - the foreign markets // // //
    - all markets // –0.1 +0.1(1)
    Import prices of industrial products –0.1 // //
    • (1) Reading note: the evolution of the index between January 2014 and February 2014 published last month was equal to –0.4 %. It is updated to –0.3 %; that is to say a revision of +0.1 %.