28 February 2013
2013- n° 49Energy prices recovered Industrial 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.
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 %).
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 | 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 |
tableauTableau2 – 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
tableauTableau3 – 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 %.
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