In February, prices were stable on all marketsIndustrial 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.

Informations rapides
No 71
Paru le : 28/03/2014
Prochaine parution le : 29/09/2017 at 08:45 - August 2017

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.

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 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

    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 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

    Tableau3 – Revision of each index at total industry level

    Revision of the monthly change (in %)
    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.
    • .