30 September 2013
2013- n° 224In August 2013, energy prices rose again Industrial Producer and Import Price Indices - August 2013
In August, French producer prices in industry increased again (+0.3 % following +0.7 % in July). However, this advance in prices was limited to energy prices, as prices for all other products were almost unchanged.
Producer price indices in French industry
FRENCH MARKET: +0.3% in August
In August, French producer prices in industry increased again (+0.3 % following +0.7 % in July). However, this advance in prices was limited to energy prices, as prices for all other products were almost unchanged.
Energy prices moved up again...
Prices for refined petroleum products rose again (+1.0 % following +3.3 % in July), driven up by the rise in price for Brent crude sourced from the North Sea, which slowed down though (+0.5 % following +5.6 % in Euro terms).
Prices for mining and quarrying products, electricity, and waste management also advanced by +0.5 %, +2.0 % and +0.5 % respectively.
... food prices leveled off...
Food prices were almost unchanged (–0.1 %) following two months of rise in both July and June (respectively +0.4 % and +0.3 %). The significant rise in meat prices, which started in June, continued in August (+1.4 % following +1.6 % in July and +1.3% in June) due to the advance in pork prices. But this advance was offset by the stability in prices for dairy products (+0.1 %) and the strong decline in prices for animal feeds (–2.4 %), in accordance with lower cereal prices.
... while prices for "other manufactured products" were stable again
Prices for "other manufactured products" were stable (+0.1 % following –0.1 % in July and –0.0 % in June). In August, this overall stability resulted, however, from a significant rise in prices for chemical products, most notably plastics in primary forms (+0.8 %) and from a decline in prices for paper products (–0.6 %) and pharmaceutical products (–0.2 %)
FOREIGN MARKETS: –0.1% in August
Producer prices of French industrial products sold on foreign markets were almost unchanged (–0.1 % following +0.2 % in July). Prices for electricity were the only ones to move up, prices for refined petroleum products leveled off (–0.1 % following +4.0 % in July), while prices for "other manufactured products" dipped again (–0.4 % following -0.6 %).
ALL MARKETS: +0.2% in August
On all markets, prices increased slightly (+0.2 %), and dropped year-on-year (–0.7 %). The decline was particularly significant in prices for refined petroleum products (-9.6 %).
Import price indices of industrial products: +0.1% in August
Import prices also leveled off (+0.1 % following +0.5 % in July). The rise in prices for refined petroleum products (+1.0 %) and crude oil slowed down, while prices for "other manufactured products" were stable overall (+0.1 %) and food prices dipped (–0.6 %), most notably meat prices (–3.5 %).
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 | Aug.13 | In 1 month | In 1 year |
| French market | ||||
| BE:TOTAL INDUSTRY | 1000 | 108.3 | 0.3 | –0.4 |
| (DE) Mining and quarrying, energy, water | 226 | 110.9 | 1.1 | –0.9 |
| CZ: Manufactured prod. | 774 | 107.5 | 0.1 | –0.2 |
| (C1) Food products, beverages, tobacco | 196 | 112.3 | –0.1 | 2.7 |
| (C2) Coke and refined petroleum products | 49 | 132.8 | 1.0 | –8.7 |
| (C3) Electrical & electronic equip., computers, mach. | 53 | 102.7 | –0.1 | 0.3 |
| (C4) Transport equipment | 80 | 103.3 | 0.0 | 0.1 |
| (C5) Other man. products | 396 | 103.5 | 0.1 | –0.5 |
| Foreign markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 103.3 | –0.1 | –1.3 |
| CZ: Manufactured prod. | 980 | 103.6 | –0.1 | –1.2 |
| (C1) Food products, beverages, tobacco | 100 | 112.0 | 0.0 | 3.0 |
| (C2) Coke and refined petroleum products | 37 | 130.2 | –0.1 | –12.3 |
| (C3) Electrical & electronic equip., computers, mach. | 194 | 97.8 | 0.1 | –2.8 |
| (C4) Transport equipment | 252 | 103.7 | 0.0 | 0.9 |
| (C5) Other man. products | 397 | 102.0 | –0.4 | –1.3 |
| All markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 106.6 | 0.2 | –0.7 |
| CZ: Manufactured prod. | 845 | 106.0 | 0.0 | –0.6 |
| (C1) Food products, beverages, tobacco | 163 | 112.3 | –0.1 | 2.8 |
| (C2) Coke and refined petroleum products | 45 | 132.2 | 0.7 | –9.6 |
| (C3) Electrical & electronic equip., computers, mach. | 102 | 99.4 | 0.0 | –1.7 |
| (C4) Transport equipment | 140 | 103.6 | 0.0 | 0.6 |
| (C5) Other man. products | 395 | 103.0 | –0.1 | –0.7 |
tableauTableau2 – Import prices of industrial products
| Change in % | ||||
|---|---|---|---|---|
| Levels A 10 and A 17 of nomenclature CPF rev. 2, 2008 | Weight | Aug.13 | In 1 month | In 1 year |
| BE:TOTAL INDUSTRY | 1000 | 106.5 | 0.1 | –2.8 |
| CZ: Manufactured prod. | s | 103.8 | 0.0 | –2.1 |
| (C1) Food products, beverages, tobacco | 69 | 114.2 | –0.6 | 0.9 |
| (C2) Coke and refined petroleum products | 47 | 134.0 | 1.0 | –10.2 |
| (C3) Electrical & electronic equip., computers, mach. | 227 | 97.9 | –0.1 | –1.9 |
| (C4) Transport equipment | 147 | 99.7 | –0.2 | –0.7 |
| (C5) Other manufactured products | s | 103.6 | 0.1 | –1.8 |
- r: updated ; nd: non available ; s : confidential
tableauTableau3 – Revision of each index at total industry level
| May 13 / Apr.13 | Jun.13 / May 13 | Jul.13 / Jun.13 | |
|---|---|---|---|
| French producer prices in industry sold on: | |||
| - the French market | // | // | // |
| - the foreign markets | // | // | // |
| - all markets | // | –0.1 | +0.1 |
| Import prices of industrial products | // | // | -0.1(1) |
- (1) Reading note: the evolution of the index between June 2013 and July 2013 published last month was equal to 0.6 %. It is updated to 0.5 %; that is to say a revision of +0.1 point.
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