Petroleum products prices increased in July, but fell in AugustIndustrial Producer and Import Price Indices - July-august 2011

In August, French producer prices in industry on the French market were unchanged, after an increase (+0.5 %) in July. These movements were mainly due to changes in petroleum products prices, while other prices were mostly unchanged.

Informations rapides
No 237
Paru le : 30/09/2011
Prochaine parution le : 31/10/2017 at 08:45 - September 2017

Producer price indices in French industry

FRENCH MARKET: 0.0 % in August, after +0.5 % in July

In August, French producer prices in industry on the French market were unchanged, after an increase (+0.5 %) in July. These movements were mainly due to changes in petroleum products prices, while other prices were mostly unchanged.

The petroleum products prices fell again

Petroleum products prices fell (-2.2%) in August ; they had increased in July (+2.5 %), following two successive decreases in May and June (-4.6% and –2.1%, respectively). The decline of petroleum products prices in May followed a modest but continuous rise since September 2010.

Food products prices were mostly unchanged ...

In August and July, food products prices were unchanged. In August the increase in meat prices (+1.2% for processed and preserved meat products) were offset by falls in dairy products prices (-0.6 % for ice cream products ) and beverage prices (-1.2 % for wine products).

... while prices of electrical and electronic equipments, computers and machinery increased...

In August, prices of electrical and electronic equipments, computers and machinery rose by 0.6 %, most notably prices of electronic components and cards (+1.0%), driven by the rise of raw material prices.

… and prices of “other manufactured products” were stable

Other manufactured products prices were stable (0.0% and +0.3%, respectively in July and August).

FOREIGN MARKETS: -0.3% August, after 0.0% in July

Producer prices of French industrial products sold on foreign markets were unchanged in July, but fell in August (-0.3%). The seasonal and sensible decrease of electricity prices contributed to these movements, hindered by the increase of petroleum products prices in July.

ALL MARKETS: -0.1% in August, after +0.3% in July

On all markets, producer prices of French industrial products were almost stable (-0.1 %), after an increase in July (+0.3 %). The year-over-year increase was 5.4% in August.

Import prices indices of industrial products: -0.4 % in August, after +1.1 % in July

The decline in imported industrial products prices in August (-0.4 %) followed a modest increase in July (+1.1%). However, the decline in August was offset by a rise in chemical products and wood-paper products prices.

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 Aug.11 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 116,0 0,0 6,3
(DE) Mining and quarrying, energy, water 130 129,2 0,0 6,7
CZ: Manufactured prod. 870 114,0 0,0 6,2
(C1) Food products, beverages, tobacco 188 110,4 0,0 6,8
(C2) Coke and refined petroleum products 70 150,4 –2,2 27,0
(C3) Electrical & electronic equip., computers, mach. 92 110,3 0,6 1,4
(C4) Transport equipment 79 106,3 0,3 2,2
(C5) Other man. products 441 111,8 0,3 4,0
Foreign markets
BE:TOTAL INDUSTRY 1000 106,9 –0,3 3,3
CZ: Manufactured prod. s 106,7 –0,1 3,4
(C1) Food products, beverages, tobacco 82 117,5 0,2 7,6
(C2) Coke and refined petroleum products 25 197,9 –3,8 22,8
(C3) Electrical & electronic equip., computers, mach. 202 96,4 0,0 1,0
(C4) Transport equipment 211 100,1 0,1 0,1
(C5) Other man. products s 107,3 0,0 3,3
All markets
BE:TOTAL INDUSTRY 1000 113,1 –0,1 5,4
CZ: Manufactured prod. s 111,5 –0,1 5,2
(C1) Food products, beverages, tobacco 154 111,6 0,1 6,9
(C2) Coke and refined petroleum products 56 157,1 –2,5 26,2
(C3) Electrical & electronic equip., computers, mach. 127 103,3 0,3 1,2
(C4) Transport equipment 121 102,9 0,2 1,0
(C5) Other man. products s 110,4 0,2 3,8

    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 Aug.11 In 1 month In 1 year
    BE:TOTAL INDUSTRY 1000 118,2 –0,4 7,6
    CZ: Manufactured prod. s 109,5 0,1 4,5
    (C1) Food products, beverages, tobacco 69 126,0 0,2 8,9
    (C2) Coke and refined petroleum products 41 151,8 –4,5 24,2
    (C3) Electrical & electronic equip., computers, mach. 210 93,4 0,0 –1,6
    (C4) Transport equipment 133 101,3 –0,3 0,8
    (C5) Other manufactured products s 113,2 0,9 5,3
    • 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
    May 11 / Apr.11 Jun.11 / May 11
    French producer prices in industry sold on:
    - the French market // //
    - the foreign markets // –0,1(1)
    - all markets // //
    Import prices of industrial products // //
    • (1) Reading note: the evolution of the index between Jun.11 and Jul.11 published last month was equal to -0,1 %. It is updated to -0,2 %; that is to say a revision of -0,1 %.