Energy prices recoveredIndustrial Producer and Import Price Indices - January 2013

In January, French producer prices in industry rose moderately (+0.5 %), following two consecutive months of decline (-0.4 % in November and in December). This movement was due to higher energy prices, most notably for electricity (+1.7 %) and refined petroleum products.

Informations rapides
No 49
Paru le : 28/02/2013
Prochaine parution le : 29/09/2017 at 08:45 - August 2017

Producer price indices in French industry

FRENCH MARKET: +0.5 % in January

In January, French producer prices in industry rose moderately (+0.5 %), following two consecutive months of decline (-0.4 % in November and in December). This movement was due to higher energy prices, most notably for electricity (+1.7 %) and refined petroleum products.

Prices for refined petroleum products rallied…

Prices for refined petroleum products moved up (+1.4 %), following three consecutive months of decline (-1.2 %, -3.0 % and -3.4 % in October, November and December respectively). This rise, driven by the price for Brent crude sourced from the North Sea, was particularly strong for unleaded premium gas (+5.4 %) and heating oil (+3.4 %), less so for diesel oil (+1.0 %).

... food prices rebounded anew...

Food prices increased again (+0.2 %), but less than in November and December (+0.4 %).

... while prices for "other manufactured products" remained almost unchanged

Prices for "other manufactured products" remained almost unchanged (+0.1 %). The significant fall in prices for textile products (-0.9 %), driven by the seasonal change of collection, was offset by the advance in prices for rubber products (+0.6 %) and for repair and installation services of machinery (+0.8 %)

FOREIGN MARKETS: +0.1 % in January

Producer prices of French industrial products sold on foreign markets stabilised in January (+0.1 %), following a slight drop in December (-0.3 %). Indeed, the higher energy prices had a weaker impact than on the French market, and were offset by the significant decline in prices for electrical equipment, computers and machinery (-2.0 %).

ALL MARKETS: +0.4 % in January

On all markets, prices increased overall (+0.4 %) in January. Year-over-year, food prices advanced significantly (+4.3 %), while prices for refined petroleum products were henceforth lower (-2.5 %).

Import price indices of industrial products: -0.2 % in January

In January, buying prices for imported industrial products fell very slightly (-0,2 %). Buying prices for refined petroleum products and for crude oil were the only ones to rise, driven by higher oil prices on the international market. Prices for most of the other products declined significantly, most notably for pharmaceutical products (-2.4 %) ; food prices remained almost unchanged (+0.2 %).

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:

base and reference year: 2005
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 Jan.13 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 119.6 0.5 1.4
(DE) Mining and quarrying, energy, water 130 142.6 1.6 4.9
CZ: Manufactured prod. 870 116.1 0.3 0.8
(C1) Food products, beverages, tobacco 188 115.9 0.2 4.8
(C2) Coke and refined petroleum products 70 164.2 1.4 –2.0
(C3) Electrical & electronic equip., computers, mach. 92 111.5 0.1 1.2
(C4) Transport equipment 79 106.5 0.2 0.4
(C5) Other man. products 441 111.0 0.1 –0.2
Foreign markets
BE:TOTAL INDUSTRY 1000 108.1 0.1 –0.2
CZ: Manufactured prod. s 107.4 –0.2 –0.4
(C1) Food products, beverages, tobacco 82 120.3 0.6 2.4
(C2) Coke and refined petroleum products 25 216.2 2.5 –5.2
(C3) Electrical & electronic equip., computers, mach. 202 95.6 –2.0 –2.6
(C4) Transport equipment 211 103.1 0.6 2.6
(C5) Other man. products s 106.4 –0.3 –0.7
All markets
BE:TOTAL INDUSTRY 1000 116.0 0.4 1.0
CZ: Manufactured prod. s 113.1 0.1 0.4
(C1) Food products, beverages, tobacco 154 116.6 0.3 4.3
(C2) Coke and refined petroleum products 56 171.5 1.6 –2.5
(C3) Electrical & electronic equip., computers, mach. 127 103.5 –0.9 –0.6
(C4) Transport equipment 121 104.6 0.4 1.6
(C5) Other man. products s 109.5 0.0 –0.4

    Tableau2 – Import prices of industrial products

    base and reference year: 2005
    Import prices of industrial products
    Change en %
    Levels A 10 and A 17 of nomenclature CPF rev. 2, 2008 Weight Jan.13 In 1 month In 1 year
    BE:TOTAL INDUSTRY 1000 119.7 –0.2 –0.7
    CZ: Manufactured prod. s 109.5 –0.5 –0.4
    (C1) Food products, beverages, tobacco 69 130.7 0.2 2.7
    (C2) Coke and refined petroleum products 41 166.7 1.5 –2.5
    (C3) Electrical & electronic equip., computers, mach. 210 93.1 –1.0 –1.1
    (C4) Transport equipment 133 100.1 –0.5 –1.8
    (C5) Other manufactured products s 111.5 –0.6 0.1
    • r: updated ; nd: non available ; s : confidential

    Tableau3 – Revision of each index at total industry level

    Revision of the monthly change (in %)
    Revision of each index at total industry level
    Oct.12 / Sep.12 Nov.12 / Oct.12 Dec.12 / Nov.12
    French producer prices in industry sold on:
    - the French market +0.1 +0.1 -0.1(1)
    - the foreign markets // // –0.1
    - all markets +0.1 +0.1 –0.1
    Import prices of industrial products // // –0.1
    • (1) Reading note: the change in the index between Nov.12 and Dec.12 published last month was equal to -0.3 %. It is updated to -0.4 %; that is to say a revision of -0.1 %.