Producer prices unchanged on all marketsIndustrial 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.

Informations rapides
No 33
Paru le : 31/01/2012
Prochaine parution le : 29/09/2017 at 08:45 - August 2017

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.

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 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

    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 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

    Tableau3 – Revision of each index at total industry level

    Revision of the monthly change (in %)
    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.