31 January 2012
2012- n° 33Producer prices unchanged on all markets Industrial Producer and Import Price Indices - December 2011
In December, French producer prices in industry were unchanged (-0.1 % following +0.4 % in November, and +0.5 % in October). Except for electrical, computer and electronic equipment and machinery, French producer prices in industry fell in a context of lower raw material and petroleum products prices.
Producer price indices in French industry
FRENCH MARKET: -0.1 % in December
In December, French producer prices in industry were unchanged (-0.1 % following +0.4 % in November, and +0.5 % in October). Except for electrical, computer and electronic equipment and machinery, French producer prices in industry fell in a context of lower raw material and petroleum products prices.
Prices of refined petroleum products fell slightly (-0.4 %, +17.5 % over the year) ...
Brent crude (sourced from the North Sea) prices fell by 2.4 % in dollar terms, but rose slightly by 0.6 % in euro terms as a result of the euro depreciation. Refined petroleum products prices moved down (-0.4 %) in December, following a 3.4 % increase in November. This monthly drop is the first recorded since September.
Prices of “other manufactured products” and food prices were unchanged (–0.1 % for both, respectively +2.3 % et +4.6 % over the year).
Prices of basic metals, rubber products, wood and paper products fell (-0.3 % for basic metals, -0.7 % for paper products) in correlation with lower raw material prices (pulp, rubber, aluminium) while textiles prices increased (+0.9 %) as a result of the release of the new collections.
Food prices were unchanged for the second successive month ; preserved meat and meat products prices were unchanged while cocoa prices (–3.4 %) and prepared animal feeds prices (-0.8 %) declined in correlation with lower raw material prices (cocoa, cereals).
FOREIGN MARKETS: + 0.1 % in December
Producer prices of French industrial products sold on foreign markets were unchanged : +0.1 %, following +0.2 % in November. However, this overall movement is attributable to a decline in electricity prices and in refined petroleum products prices, while prices of other manufactured products increased slightly in euro terms in a context of the euro depreciation against the US dollar.
ALL MARKETS: +0.0 % in December
On all markets, producer prices of French industrial products were unchanged. Over the year 2011, the increase reached +4.0 %, particularly marked for refined petroleum products (+17.5 %), and notable for food products (+4.7 %).
Import prices indices of industrial products : -0.2 % in December
Imported industrial products prices declined (-0.2 %), following +0.5 % in November. This quasi-stability of import prices is attributable to a decline in basic metals and chemical products prices due to lower raw material prices (zinc, aluminium, crude petroleum), to a seasonal effect for textiles, and lastly, to the exchange rate movements.
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 | Dec.11 | In 1 month | In 1 year |
| French market | ||||
| BE:TOTAL INDUSTRY | 1000 | 117,1 | –0,1 | 4,7 |
| (DE) Mining and quarrying, energy, water | 130 | 135,1 | –0,1 | 6,9 |
| CZ: Manufactured prod. | 870 | 114,4 | –0,1 | 4,3 |
| (C1) Food products, beverages, tobacco | 188 | 110,6 | –0,1 | 4,6 |
| (C2) Coke and refined petroleum products | 70 | 159,4 | –0,4 | 17,5 |
| (C3) Electrical & electronic equip., computers, mach. | 92 | 110,7 | 0,3 | 2,1 |
| (C4) Transport equipment | 79 | 106,9 | –0,2 | 2,5 |
| (C5) Other man. products | 441 | 111,0 | –0,1 | 2,3 |
| Foreign markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 107,7 | 0,1 | 2,4 |
| CZ: Manufactured prod. | s | 107,1 | 0,2 | 2,6 |
| (C1) Food products, beverages, tobacco | 82 | 118,0 | 0,3 | 5,4 |
| (C2) Coke and refined petroleum products | 25 | 209,6 | –0,2 | 17,6 |
| (C3) Electrical & electronic equip., computers, mach. | 202 | 97,5 | 0,3 | 1,6 |
| (C4) Transport equipment | 211 | 100,2 | 0,0 | 0,4 |
| (C5) Other man. products | s | 107,0 | 0,2 | 2,0 |
| All markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 114,1 | 0,0 | 4,0 |
| CZ: Manufactured prod. | s | 111,9 | 0,0 | 3,7 |
| (C1) Food products, beverages, tobacco | 154 | 111,9 | 0,0 | 4,7 |
| (C2) Coke and refined petroleum products | 56 | 166,4 | –0,4 | 17,5 |
| (C3) Electrical & electronic equip., computers, mach. | 127 | 104,0 | 0,3 | 1,9 |
| (C4) Transport equipment | 121 | 103,2 | –0,1 | 1,4 |
| (C5) Other man. products | s | 109,7 | 0,0 | 2,2 |
tableauTableau2 – Import prices of industrial products
| Change en % | ||||
|---|---|---|---|---|
| Levels A 10 and A 17 of nomenclature CPF rev. 2, 2008 | Weight | Dec.11 | In 1 month | In 1 year |
| BE:TOTAL INDUSTRY | 1000 | 119,3 | –0,2 | 5,5 |
| CZ: Manufactured prod. | s | 109,2 | –0,2 | 2,5 |
| (C1) Food products, beverages, tobacco | 69 | 126,6 | –0,2 | 6,2 |
| (C2) Coke and refined petroleum products | 41 | 160,2 | –1,1 | 15,7 |
| (C3) Electrical & electronic equip., computers, mach. | 210 | 93,8 | 0,6 | –1,2 |
| (C4) Transport equipment | 133 | 101,8 | 0,2 | 0,8 |
| (C5) Other manufactured products | s | 111,4 | –0,6 | 2,4 |
- r: updated ; nd: non available ; s : confidential
tableauTableau3 – Revision of each index at total industry level
| Sep.11 / Aug.11 | Oct.11 / Sep.11 | Nov.11 / Oct.11 | |
|---|---|---|---|
| French producer prices in industry sold on: | |||
| - the French market | // | // | // |
| - the foreign markets | // | // | // |
| - all markets | // | // | // |
| Import prices of industrial products | // | // | // |
- The evolution of the index published in the end of december hasn’t been updated significantly during this January calculations.
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