In October, prices declined on all marketsIndustrial 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, ...).

Informations rapides
No 273
Paru le : 29/11/2013
Prochaine parution le : 29/09/2017 at 08:45 - August 2017

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.

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 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

    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 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

    Tableau3 – Revision of each index at total industry level

    Revision of the monthly change (in points)
    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 %.