In August 2013, energy prices rose againIndustrial 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.

Informations rapides
No 224
Paru le : 30/09/2013
Prochaine parution le : 29/09/2017 at 08:45 - August 2017

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 %).

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 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

    Tableau2 – Import prices of industrial products

    reference year: 2010
    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

    Tableau3 – Revision of each index at total industry level

    Revision of the monthly change (in points)
    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.