In November, seasonal rise of electricity pricesIndustrial Producer and Import Price Indices - November 2013

In November, French producer prices in industry for French market progressed (+0.5 %, after -0.3 %). This rise was however mainly due to electricity, the prices of manufactured products being almost stable or slightly decreasing.

Informations rapides
No 301
Paru le : 27/12/2013
Prochaine parution le : 29/09/2017 at 08:45 - August 2017

Producer price indices in French industry

FRENCH MARKET: +0.5 % in November

In November, French producer prices in industry for French market progressed (+0.5 %, after -0.3 %). This rise was however mainly due to electricity, the prices of manufactured products being almost stable or slightly decreasing.

Prices for refined petroleum products were stable…

Prices for refined petroleum products stabilized (-0.1 % after -3.9 % in October). In November as in October, the price for Brent crude sourced from the North Sea decreased in dollar terms (-1.5 % after -2.0 %), but the currencies’ exchange led to a small decline in euro terms (-0.4 % after -4.0 %).

… while electricity prices increased…

Prices for electricity went up strongly (+4.1 %), due to transition to winter tariff.

Food prices moved down again…

Food prices decreased slightly in November (-0.3 % after -0.9 %). The withdraw of prices for prepared animal feeds went on (-1.3 % in November as in October), but the seasonal dip of prices for preserved meat softened (-1.3 % after -3.1 %), while prices for dairy products recovered slightly (+0.2 % after -0.7 %).

... as prices for electronic and pharmaceutical products

Prices for computer, electronic and optical products weakened (-1.0 % after -0.3 %), notably electric components (-5.5 % ) in a context of stronger competition. Prices for pharmaceutical products decreased too (–1.2 % after -0.3 %), consistently with the putting of new general medicines on the market.

FOREIGN MARKETS: +0.0% in November

Producer prices of French industrial products sold on foreign markets were stable (0.0 % after -0.3 % in October). This stability masked however contrasted changes: a rise of electricity prices and, in a lower extent, of refined petroleum products, but a slight withdraw of other industrial products.

ALL MARKETS: +0.3 % in November

On all markets, prices increased (+0.3 % after -0.3 % in October), drawn by the seasonal rise of electricity prices. Year over year, the decline in prices is almost general, excepted for transport equipment (+0.3 %) and food prices (0.0 %).

Import price indices of industrial products: +0.1 % in November

Import prices were almost stable (+0.1 %, after -0.9 % in October). The rises of purchases prices of crude petroleum, transport equipment (+0.3 %), textiles (+0.4 %) and chemical products (+0.6 %) were balanced indeed by declines of prices for food products (-0.3 %) and refined petroleum products (-0.4 %).

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:

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 Nov.13 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 108.6 0.5 –0.6
(DE) Mining and quarrying, energy, water 226 115.6 2.4 1.0
CZ: Manufactured prod. 774 106.6 –0.1 –1.1
(C1) Food products, beverages, tobacco 196 110.5 –0.3 –0.2
(C2) Coke and refined petroleum products 49 128.5 –0.1 –8.0
(C3) Electrical & electronic equip., computers, mach. 53 102.1 –0.1 0.2
(C4) Transport equipment 80 102.9 –0.1 0.1
(C5) Other man. products 396 103.2 0.0 –0.8
Foreign markets
BE:TOTAL INDUSTRY 1000 103.1 0.0 –1.2
CZ: Manufactured prod. 980 103.2 –0.1 –1.2
(C1) Food products, beverages, tobacco 100 111.0 –0.3 0.8
(C2) Coke and refined petroleum products 37 125.0 0.6 –5.8
(C3) Electrical & electronic equip., computers, mach. 194 97.7 0.0 –2.6
(C4) Transport equipment 252 103.5 0.0 0.4
(C5) Other man. products 397 101.8 –0.2 –1.4
All markets
BE:TOTAL INDUSTRY 1000 106.8 0.3 –0.8
CZ: Manufactured prod. 845 105.2 –0.1 –1.1
(C1) Food products, beverages, tobacco 163 110.6 –0.3 0.0
(C2) Coke and refined petroleum products 45 127.6 0.1 –7.4
(C3) Electrical & electronic equip., computers, mach. 102 99.2 0.0 –1.6
(C4) Transport equipment 140 103.3 0.0 0.3
(C5) Other man. products 395 102.7 0.0 –1.0

    Tableau2 – Import prices of industrial products

    reference year: 2010
    Import prices of industrial products
    Change en %
    Levels A 10 and A 17 of nomenclature CPF rev. 2, 2008 Weight Nov.13 In 1 month In 1 year
    BE:TOTAL INDUSTRY 1000 105.9 0.1 –2.3
    CZ: Manufactured prod. s 103.6 0.1 –1.8
    (C1) Food products, beverages, tobacco 69 114.1 –0.3 1.1
    (C2) Coke and refined petroleum products 47 128.2 –0.4 –8.7
    (C3) Electrical & electronic equip., computers, mach. 227 98.0 0.0 –1.2
    (C4) Transport equipment 147 100.1 0.3 –0.2
    (C5) Other manufactured products s 103.7 0.2 –2.0
    • 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
    Aug.13 / Jul.13 Sep.13 / Aug.13 Oct.13 / Sep.13
    French producer prices in industry sold on:
    - the French market // // –0.1
    - the foreign markets // +0.1 –0.2
    - all markets // // //
    Import prices of industrial products –0.1 +0.1 -0.6(1)
    • (1) Reading note: the change of the index between September 2013 and October 2013 published last month was equal to -0,3 %. It is updated to -0,9 % due to a late response of a provider; that is to say a revision of -0,6 %.