Petroleum products prices continued to rise, other prices were mostly unchangedIndustrial Producer and Import Price Indices - September 2011

In September, French producer prices in industry slightly rose by 0.2 % (+0.0 % in August) on the French market. This movement is attributable to a new rise in petroleum products prices combined with an occasional rise in electricity prices.

Publications for experts
Informations rapides – No 266
Paru le : 10/31/2011
Prochaine parution le : 12/21/2016 at 08:45 - November 2016

Producer price indices in French industry

FRENCH MARKET: +0.2 % in September

In September, French producer prices in industry slightly rose by 0.2 % (+0.0 % in August) on the French market. This movement is attributable to a new rise in petroleum products prices combined with an occasional rise in electricity prices.

Energy prices rose ...

Driven by a rise in Brent crude prices sourced from the North Sea (+0.6 % in dollars and +4.7 % in euros), prices of refined petroleum products increased by 2.2 % (+3.3 % for heating oil, +2.7 % for diesel oil and +1.7 % for unleaded premium gas).

... while food products prices slightly fell ...

In September, food products prices fell (-0.2 %), after +0.1% in July and August. Dairy products prices were the only ones to rise (+0.5%) ; meat products prices were unchanged while beverages prices fell markedly (-1.2 % for wine and -2% for malt), as well as prepared animal feeds (-1.3%).

... and prices of “other manufactured products” were unchanged.

Prices of “other manufactured products” fell by 0.1% in September, after +0.1% in August. The seasonal increase (new collection) of wearing apparel (+1.9%) and textile prices (+0.4%) linked with cotton prices was offset by a fall in the prices of chemical products (–0.7%) and rubber and plastics prices (-0.4%).

FOREIGN MARKETS: 0.0% in September

Producer prices of French industrial products sold on foreign markets were unchanged in September, after –0.2% in August. The slight decline in “other manufactured products” prices, most notably chemical products (-0.7%) and basic metals products prices (–0.3%), was offset by a rise in refined petroleum products prices (+2.1%).

ALL MARKETS: +0.2% in September

On all markets, producer prices of French industrial products increased by 0.2%, after -0.1% in August.

Import prices indices of industrial products: +0.8% in September

Imported industrial products prices rose by 0.8% in September, following a decline of 0.5% in August. In September, as in August, the movement of imported industrial products prices was mainly attributable to a rise in crude oil and refined petroleum products prices.

Graphique1_EN – Total Industry price indices

  • Source : INSEE

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 Sep.11 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 116.1 0.2 6.1
(DE) Mining and quarrying, energy, water 130 129.8 0.5 7.1
CZ: Manufactured prod. 870 114.1 0.2 5.9
(C1) Food products, beverages, tobacco 188 110.3 –0.2 5.8
(C2) Coke and refined petroleum products 70 153.7 2.2 28.7
(C3) Electrical & electronic equip., computers, mach. 92 110.9 0.2 2.0
(C4) Transport equipment 79 106.7 0.0 2.4
(C5) Other man. products 441 111.4 –0.1 3.4
Foreign markets
BE:TOTAL INDUSTRY 1000 107.2 0.0 3.2
CZ: Manufactured prod. s 106.8 0.0 3.2
(C1) Food products, beverages, tobacco 82 117.1 –0.4 6.1
(C2) Coke and refined petroleum products 25 201.9 2.1 25.3
(C3) Electrical & electronic equip., computers, mach. 202 97.0 –0.1 1.5
(C4) Transport equipment 211 100.2 0.1 0.2
(C5) Other man. products s 107.3 –0.2 2.9
All markets
BE:TOTAL INDUSTRY 1000 113.3 0.2 5.2
CZ: Manufactured prod. s 111.6 0.1 5.0
(C1) Food products, beverages, tobacco 154 111.4 –0.3 5.8
(C2) Coke and refined petroleum products 56 160.4 2.1 28.1
(C3) Electrical & electronic equip., computers, mach. 127 103.9 0.0 1.8
(C4) Transport equipment 121 103.1 0.1 1.2
(C5) Other man. products s 110.1 –0.1 3.2

    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 Sep.11 In 1 month In 1 year
    BE:TOTAL INDUSTRY 1000 119.1 0.8 8.1
    CZ: Manufactured prod. s 109.7 0.2 4.4
    (C1) Food products, beverages, tobacco 69 126.0 –0.4 8.1
    (C2) Coke and refined petroleum products 41 156.3 2.6 26.8
    (C3) Electrical & electronic equip., computers, mach. 210 93.0 0.1 –2.2
    (C4) Transport equipment 133 101.6 0.3 1.0
    (C5) Other manufactured products s 113.3 0.1 5.0
    • 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
    Jun.11 / May 11 Jul.11 / Jun.11 Aug.11 / Jul.11
    French producer prices in industry sold on:
    - the French market // //
    - the foreign markets +0.1 +0.1 +0.1(1)
    - all markets // +0.1 //
    Import prices of industrial products // +0.1 –0.1
    • (1) Reading note: the evolution of the index between Jul.11 and Aug.11 published last month was equal to -0,3 %. It is updated to -0,2 %; that is to say a revision of +0,1 %.