28 March 2014
2014- n° 71In February, prices were stable on all markets Industrial Producer and Import Price Indices - February 2014
In February, French producer prices in industry for French market were almost unchanged (–0.1 % after –0.6 %). Energy prices, which had fallen significantly in January, dropped slightly while other products moved only moderately.
Producer price indices in French industry
FRENCH MARKET: –0.1 % in February
In February, French producer prices in industry for French market were almost unchanged (–0.1 % after –0.6 %). Energy prices, which had fallen significantly in January, dropped slightly while other products moved only moderately.
Energy prices moved down slightly…
Prices for refined petroleum products and electricity, which had declined very significantly in January (–1.9 % and –3.6 % respectively) were almost unchanged in February (–0.2 % in both cases). However, this overall stability resulted from contrasted movements in prices for petroleum products: prices for unleaded premium gas (+1.9 %) and to a lesser extent heating oil (+0.4 %) advanced, while prices for kerosene and liquefied petroleum gas declined.
Gas prices, which were stable in January, dipped in February (–1.5 % after +0.2 %).
Food prices were stable….
Food prices were unchanged (0.0 % after +0.3 % in January). This stability came after January clear decline in meat prices (0.0 % after –2.7 %) and rise in prices for dairy products (+0.1 % after +1.0 %).
…as well as prices for “other manufactured products”
Prices for “other manufactured products” remained almost unchanged (+0.1 %) for the fourth straight month in a row. Prices for basic metals fell slightly (–0.2 %) driven by steel prices, as well as prices for chemical products (–0.2 %). Conversely textiles prices increased (+0.3 %), impacted with a delay by the rise in prices for some raw materials (cotton and synthetic fibers).
FOREIGN MARKETS: +0.0% in February
Producer prices of French industrial products sold on foreign markets remained steady overall as in January (0.0 % after –0.2 % in January). Prices for refined petroleum products were the only ones to rise (+3.1 % after –3.0 %), heavy fuel oil in particular. Electricity prices decreased, prices for basic metals dipped (–0.5 %), as well as prices for paper products (–0.6 %) in a very competitive market.
ALL MARKETS: –0.1 % in February
On all markets, prices were stable (–0.1 % after –0.5 % in January). Year over year, the decline in prices, which was true for almost all the categories of products, was significant for refined petroleum products (–10.4 %) and noteworthy for “other manufactured products” (–1.3 %).
Import price indices of industrial products: –0.1 % in February
Import prices leveled off (–0.1 % after –0.4 %). Except for refined petroleum products whose prices rose (+0.7 % after –2.6 %), prices for other products moved down, notably for chemical products (–0.4 %) or were stable.
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.14 | In 1 month | In 1 year |
| French market | ||||
| BE:TOTAL INDUSTRY | 1000 | 108,1 | –0,1 | –1,7 |
| (DE) Mining and quarrying, energy, water | 226 | 113,5 | –0,4 | –2,4 |
| CZ: Manufactured prod. | 774 | 106,5 | 0,0 | –1,6 |
| (C1) Food products, beverages, tobacco | 196 | 110,6 | 0,0 | –0,8 |
| (C2) Coke and refined petroleum products | 49 | 127,3 | –0,2 | –10,5 |
| (C3) Electrical & electronic equip., computers, mach. | 53 | 102,0 | 0,2 | –0,5 |
| (C4) Transport equipment | 80 | 103,1 | 0,1 | 0,3 |
| (C5) Other man. products | 396 | 103,1 | –0,1 | –0,9 |
| Foreign markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 102,9 | 0,0 | –1,7 |
| CZ: Manufactured prod. | 980 | 103,2 | 0,1 | –1,3 |
| (C1) Food products, beverages, tobacco | 100 | 112,2 | 0,3 | 2,3 |
| (C2) Coke and refined petroleum products | 37 | 124,1 | 3,1 | –10,3 |
| (C3) Electrical & electronic equip., computers, mach. | 194 | 97,5 | –0,1 | –1,2 |
| (C4) Transport equipment | 252 | 103,6 | 0,1 | –0,2 |
| (C5) Other man. products | 397 | 101,6 | –0,2 | –1,9 |
| All markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 106,3 | –0,1 | –1,7 |
| CZ: Manufactured prod. | 845 | 105,2 | 0,0 | –1,5 |
| (C1) Food products, beverages, tobacco | 163 | 110,9 | 0,0 | –0,1 |
| (C2) Coke and refined petroleum products | 45 | 126,5 | 0,7 | –10,4 |
| (C3) Electrical & electronic equip., computers, mach. | 102 | 99,0 | 0,0 | –1,0 |
| (C4) Transport equipment | 140 | 103,4 | 0,1 | 0,0 |
| (C5) Other man. products | 395 | 102,6 | –0,1 | –1,3 |
tableauTableau2 – Import prices of industrial products
| Change en % | ||||
|---|---|---|---|---|
| Levels A 10 and A 17 of nomenclature CPF rev. 2, 2008 | Weight | Feb.14 | In 1 month | In 1 year |
| BE:TOTAL INDUSTRY | 1000 | 105,1 | –0,1 | –2,7 |
| CZ: Manufactured prod. | s | 102,9 | 0,0 | –2,0 |
| (C1) Food products, beverages, tobacco | 69 | 113,4 | 0,1 | 0,6 |
| (C2) Coke and refined petroleum products | 47 | 127,3 | 0,7 | –10,6 |
| (C3) Electrical & electronic equip., computers, mach. | 227 | 97,5 | 0,0 | –0,8 |
| (C4) Transport equipment | 147 | 99,6 | 0,0 | –0,8 |
| (C5) Other manufactured products | s | 102,7 | –0,1 | –2,2 |
- r: updated ; nd: non available ; s : confidential
tableauTableau3 – Revision of each index at total industry level
| Nov.13 / Oct.13 | Dec.13 / Nov.13 | Jan.14 / Dec.13 | |
|---|---|---|---|
| French producer prices in industry sold on: | |||
| - the French market | // | +0,1 | // |
| - the foreign markets | +0,1 | // | // |
| - all markets | // | // | -0,1(1) |
| Import prices of industrial products | –0,1 | // | –0,2 |
- (1) Reading note: the price development between December 2013 and January 2014 disseminated end February was equal to –0,4 %. It is updated to -0,5 %; that is to say a revision by 0,1 point.
- .
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