Informations rapides
29 November 2013
2013- n° 273
In 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, ...).

Informations rapides
No 273
Paru le :Paru le29/11/2013
Prochaine parution le : 27/09/2024 at 08:45 - August 2024

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_ENTotal Industry price indices

Graphique2_ENProducer price indices of manufactured products sold on the french market

Graphique3_ENImport price indices of manufactured products

Tableau1French 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: (reference year: 2010)
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

    Tableau2Import prices of industrial products

    reference year: 2010
    Import prices of industrial products (reference year: 2010)
    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

    Tableau3Revision of each index at total industry level

    Revision of the monthly change (in points)
    Revision of each index at total industry level (Revision of the monthly change (in points))
    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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