31 May 2013
2013- n° 125Strong decline in prices on all markets Industrial Producer and Import Price Indices - April 2013
In April, French producer prices in industry, which were unchanged in March, decreased (–0.9 %). Prices for electricity, gas, steam and air conditioning dropped (–3.0 %), following three months of rise. Prices for refined petroleum products plunged again (–5.2 % following –3.8 %).
Producer price indices in French industry
FRENCH MARKET: –0.9 % in April
In April, French producer prices in industry, which were unchanged in March, decreased (–0.9 %). Prices for electricity, gas, steam and air conditioning dropped (–3.0 %), following three months of rise. Prices for refined petroleum products plunged again (–5.2 % following –3.8 %).
Prices for refined petroleum products plunged again…
In April, the price for Brent crude sourced from the North Sea tumbled in dollar terms (–5.3 % following –5.8 %), and even more significantly in Euro terms (–5.9 % following –2.9 %), due to the appreciation of the Euro against the dollar. The fall in prices for unleaded premium gas and diesel oil was more marked in April (–4.4 % and –4.2 % respectively, following –3.2 % and –3.5 %) and the price for heating oil decreased for the second month in a row (–3.3 % following –6.3 %).
Prices for electricity (-3.6 %) and trade services of gas (–1.7 %) also declined.
...food prices dipped slightly...
The slight dip in food prices (–0.2 % following +0.3 % in March), which came after more than a year of increase, resulted from contrasted movements: meat prices continued to rise (+1.0 % preserved meat), while prices for dairy products and for sugar manufacturing dipped (–1.1 % for both).
...and prices for "other manufactured products" were stable.
Except for the significant drop in prices for chemical products (–0.7 ), prices for "other manufactured products" were almost unchanged (–0.1 %).
FOREIGN MARKETS: –0.4 % in April
Producer prices of French industrial products sold on foreign markets declined, following three consecutive months of moderate rise. The fall was general and particularly strong for energy prices (–2.9 % for refined petroleum products).
ALL MARKETS: –0.7 % in April
On all markets, prices dipped (-0.7 %).Thus, year over year, the increase was now only 0.6 %. The advance in food prices was still significant (+3.5 %), prices for refined petroleum products slumped heavily (–9.3 %).
Import price indices of industrial products: –1.1 % in April
Purchaser’s prices for imported industrial products dropped again in April (–1.1 % following -0.4 %). Driven by the fall in the Brent price for the second month in a row, prices for refined petroleum products dived (–6.5 %), as well as other energy prices (most notably electricity). Except for the seasonal increase in meat prices (+3.4 % due to the Easter lamb), prices for other products also fell, most notably prices for chemical and pharmaceutical products (–0.5 % for both).
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.13 | In 1 month | In 1 year |
| French market | ||||
| BE:TOTAL INDUSTRY | 1000 | 108.9 | –0.9 | 0.6 |
| (DE) Mining and quarrying, energy, water | 234 | 114.4 | –2.4 | 3.6 |
| CZ: Manufactured prod. | 766 | 107.3 | –0.5 | –0.4 |
| (C1) Food products, beverages, tobacco | 209 | 111.6 | –0.2 | 3.5 |
| (C2) Coke and refined petroleum products | 52 | 129.7 | –5.2 | –11.4 |
| (C3) Electrical & electronic equip., computers, mach. | 51 | 102.9 | 0.6 | 0.1 |
| (C4) Transport equipment | 72 | 102.6 | –0.1 | –0.5 |
| (C5) Other man. products | 382 | 103.9 | –0.1 | –0.5 |
| Foreign markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 104.5 | –0.4 | 0.0 |
| CZ: Manufactured prod. | 984 | 104.7 | –0.2 | 0.0 |
| (C1) Food products, beverages, tobacco | 97 | 110.8 | 0.3 | 3.0 |
| (C2) Coke and refined petroleum products | 37 | 128.3 | –2.9 | –15.0 |
| (C3) Electrical & electronic equip., computers, mach. | 191 | 99.7 | 0.0 | –0.3 |
| (C4) Transport equipment | 256 | 105.0 | 0.0 | 2.5 |
| (C5) Other man. products | 402 | 103.3 | –0.1 | –0.2 |
| All markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 107.7 | –0.7 | 0.6 |
| CZ: Manufactured prod. | 840 | 106.3 | –0.3 | –0.2 |
| (C1) Food products, beverages, tobacco | 171 | 111.5 | –0.1 | 3.5 |
| (C2) Coke and refined petroleum products | 47 | 129.4 | –4.5 | –12.4 |
| (C3) Electrical & electronic equip., computers, mach. | 99 | 100.8 | 0.2 | –0.2 |
| (C4) Transport equipment | 134 | 104.1 | 0.0 | 1.4 |
| (C5) Other man. products | 389 | 103.7 | –0.1 | –0.4 |
tableauTableau2 – Import prices of industrial products
| Change en % | ||||
|---|---|---|---|---|
| Levels A 10 and A 17 of nomenclature CPF rev. 2, 2008 | Weight | Apr.13 | In 1 month | In 1 year |
| BE:TOTAL INDUSTRY | 1000 | 106.3 | –1.1 | –2.6 |
| CZ: Manufactured prod. | s | 104.2 | –0.6 | –1.5 |
| (C1) Food products, beverages, tobacco | 70 | 114.2 | 0.3 | 2.8 |
| (C2) Coke and refined petroleum products | 49 | 127.1 | –6.5 | –12.7 |
| (C3) Electrical & electronic equip., computers, mach. | 219 | 98.3 | –0.2 | –0.6 |
| (C4) Transport equipment | 146 | 100.4 | 0.2 | –0.4 |
| (C5) Other manufactured products | s | 104.7 | –0.3 | –1.2 |
- r: updated ; nd: non available ; s : confidential
tableauTableau3 – Revision of each index at total industry level
| Jan.13 / Dec.12 | Feb.13 / Jan.13 | Mar.13 / Feb.13 | |
|---|---|---|---|
| French producer prices in industry sold on: | |||
| - the French market | –0.1 | –0.1 | // |
| - the foreign markets | +0.1 | // | +0.1(1) |
| - all markets | // | // | // |
| Import prices of industrial products | –0.1 | // | +0.1 |
- (1) Reading note: the evolution of the index between Feb.13 and Mar.13 published last month was equal to 0.2 %. It is updated to 0.3 %; that is to say a revision of +0.1 %.
Pour en savoir plus
