29 November 2013
2013- n° 273In October, prices declined on all markets Industrial Producer and Import Price Indices - October 2013
In October, French producer prices in industry dipped slightly (–0.2 %, after +0.3 % in September). Apart from the seasonal rise in prices for steam and air conditioning supply services, prices for all products dropped in a context of lower prices for oil and some raw materials (zinc, copper, ...).
Producer price indices in French industry
FRENCH MARKET: –0.2 % in October
In October, French producer prices in industry dipped slightly (–0.2 %, after +0.3 % in September). Apart from the seasonal rise in prices for steam and air conditioning supply services, prices for all products dropped in a context of lower prices for oil and some raw materials (zinc, copper, ...).
Prices for refined petroleum products fell...
Prices for refined petroleum products moved down (–3.9 % after +0.6 % in September). This decline came after three consecutive months of rise. The price for Brent crude sourced from the North Sea decreased in dollar terms (–2.0 % after +1.3 %), and more strongly in euro terms (–4.0 % after +1.0 %), due to the relative exchange rates.
However, prices for the trade services of electricity (+0.6 %) and gas (+0.7 %) increased.
... food prices moved down...
Food prices dipped (–0.8 % after –0.1 % in September). Indeed, following two months of rise, prices for preserved meat fell (–3.1 %), driven by the seasonal decline in prices for bovine meat and lower prices for swine. In addition to this decline, prices for poultry meat (–1.5 %), and dairy products (–0.5 %) also dropped, as well as prices for animal feeds (–1.8 % after -1.6 % in September), which decreased significantly again.
... and prices for "other manufactured products" slipped
Prices for "other manufactured products" weakened slightly again (-0.2 % in both September and October). Due to the movement of raw material prices, the decline in prices was significant for chemical products (–1.5 %), less so for metal products (–0.2 %).
FOREIGN MARKETS: –0.3% in October
Producer prices of French industrial products sold on foreign markets slipped (–0.3 % after 0.0 % in September). The decline in prices was general, most notably for refined petroleum products (–1.3 %), food products (–0.5 %) and computer products (–0.7 %).
ALL MARKETS: –0.3 % in October
On all markets, prices dipped (–0.3 %, after +0.2 % in September). Year over year, the decline in prices for refined petroleum products was still significant (-9.7 %), while the rise in food prices weakened (+0.9 %).
Import price indices of industrial products: -0.3 % in October
Import prices fell, following two months of stability (–0.3 %, after 0.0 % and +0.1 % in September and August, respectively). As on other markets, the decline in prices affected all products, except textiles and wearing apparel (+0.8 %), due to the new winter collection.
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 | Oct.13 | In 1 month | In 1 year |
| French market | ||||
| BE:TOTAL INDUSTRY | 1000 | 108.0 | –0.2 | –1.4 |
| (DE) Mining and quarrying, energy, water | 226 | 112.6 | 1.1 | –1.6 |
| CZ: Manufactured prod. | 774 | 106.6 | –0.6 | –1.3 |
| (C1) Food products, beverages, tobacco | 196 | 111.0 | –0.8 | 0.6 |
| (C2) Coke and refined petroleum products | 49 | 128.6 | –3.9 | –10.7 |
| (C3) Electrical & electronic equip., computers, mach. | 53 | 102.2 | –0.2 | 0.0 |
| (C4) Transport equipment | 80 | 103.0 | –0.2 | 0.1 |
| (C5) Other man. products | 396 | 103.0 | –0.2 | –1.2 |
| Foreign markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 103.2 | –0.3 | –1.2 |
| CZ: Manufactured prod. | 980 | 103.4 | –0.4 | –1.1 |
| (C1) Food products, beverages, tobacco | 100 | 111.7 | –0.5 | 1.7 |
| (C2) Coke and refined petroleum products | 37 | 127.0 | –1.3 | –7.1 |
| (C3) Electrical & electronic equip., computers, mach. | 194 | 97.7 | –0.3 | –3.0 |
| (C4) Transport equipment | 252 | 103.6 | –0.2 | 0.6 |
| (C5) Other man. products | 397 | 102.0 | –0.4 | –1.3 |
| All markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 106.4 | –0.3 | –1.3 |
| CZ: Manufactured prod. | 845 | 105.4 | –0.5 | –1.2 |
| (C1) Food products, beverages, tobacco | 163 | 111.2 | –0.7 | 0.9 |
| (C2) Coke and refined petroleum products | 45 | 128.2 | –3.2 | –9.7 |
| (C3) Electrical & electronic equip., computers, mach. | 102 | 99.2 | –0.2 | –2.0 |
| (C4) Transport equipment | 140 | 103.4 | –0.2 | 0.4 |
| (C5) Other man. products | 395 | 102.7 | –0.2 | –1.2 |
tableauTableau2 – Import prices of industrial products
| Change en % | ||||
|---|---|---|---|---|
| Levels A 10 and A 17 of nomenclature CPF rev. 2, 2008 | Weight | Oct.13 | In 1 month | In 1 year |
| BE:TOTAL INDUSTRY | 1000 | 106.4 | –0.3 | –1.7 |
| CZ: Manufactured prod. | s | 103.8 | –0.3 | –1.6 |
| (C1) Food products, beverages, tobacco | 69 | 114.4 | –0.2 | 0.9 |
| (C2) Coke and refined petroleum products | 47 | 132.2 | –0.6 | –8.8 |
| (C3) Electrical & electronic equip., computers, mach. | 227 | 98.2 | –0.4 | –0.8 |
| (C4) Transport equipment | 147 | 99.8 | 0.0 | –0.5 |
| (C5) Other manufactured products | s | 103.6 | –0.2 | –1.6 |
- r: updated ; nd: non available ; s : confidential
tableauTableau3 – Revision of each index at total industry level
| Jul.13 / Jun.13 | Aug.13 / Jul.13 | Sep.13 / Aug.13 | |
|---|---|---|---|
| French producer prices in industry sold on: | |||
| - the French market | // | +0.1 | // |
| - the foreign markets | –0.1 | // | -0.1(1) |
| - all markets | // | +0.1 | –0.1 |
| Import prices of industrial products | // | –0.1 | +0.1 |
- (1) Reading note: the evolution of the index between August and September 2013 published last month was equal to +0.1 %. It is updated to 0.0%; that is to say a revision of –0.1 %.
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