In October 2015, near stability of producer prices in industryIndustrial Producer and Import Price Indices - October 2015

On all markets (French market and foreign markets), prices were almost unchanged in October as in September (+0.1% following –0.1% in September). Year over year, they declined by 2.0%, mainly due to refined petroleum products (–32.0%).

Informations rapides
No 290
Paru le : 27/11/2015
Prochaine parution le : 22/12/2017 at 08:45 - November 2017

Producer price indices in French industry: +0.1% in October

On all markets (French market and foreign markets), prices were almost unchanged in October as in September (+0.1% following –0.1% in September). Year over year, they declined by 2.0%, mainly due to refined petroleum products (–32.0%).

FRENCH MARKET: +0.2%

In October 2015, French producer prices in industry for the French market advanced slightly (+0.2% following 0.0% in September). Prices for mining and quarrying products, energy and water continued to grow whereas prices for refined petroleum products and for other manufactured products declined anew.

Prices for other energy products grew

Prices for mining and quarrying products, energy, water continued to grow (+1.9% in October following +1.1% in September). Prices for the electricity wholesale market remained high, due to strong demand. Conversely, gas prices fell again.

Further fall of prices for refined petroleum products

In October, prices for refined petroleum products declined again (–2.4% after –1.8% in September), despite the rise of barrel oil prices. The decrease was more significant for super unleaded and gas oil, while prices for lubricating oils rose.

Near stability of food prices

In October, food prices remained almost unchanged (–0.1% after 0.0% in September). By products, prices ranged from –1.4% for butchers meat, due to the fall in prices for summer pieces, to +0.6% for oils and fats.

Prices for other manufactured products declined

In October, prices for other manufactured products dropped for the third month in a row (–0.4% after –0.6% in August as in September). This decrease mainly concerned chemical products (–1.3%), driven down by lower prices for raw materials from the oil industry, and in a lesser extent, pharmaceutical products (–0.7%).

FOREIGN MARKETS: +0.1%

Producer prices of French industrial products sold on foreign markets were virtually stable (+0.1% in October following –0.3% in September). Prices for mining and quarrying products, energy and water climbed (+8.9%) as, to a lesser extend, prices for refined petroleum products (+1.1%). These increases were offset by the fall of food prices (–0.2%) and in those of other manufactured products (–0.4%).

Import price indices of industrial products: –0.4% in October

In October, import prices continued to fall (–0.4% after –0.6% in September). Prices decreased in all the main industrial sectors except for transport equipment, which remained stable.

Graphique1_EN – Total Industry price indices

  • reference year: 2010
  • Source: INSEE

Graphique2_EN – Producer price indices of manufactured products sold on the french market

  • reference year: 2010
  • Source: INSEE

Graphique3_EN – Import price indices of manufactured products

  • reference year: 2010
  • Source: INSEE

Tableau1 – French Producer Price Indices in industry according to the market where the products are sold:

reference year: 2010
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 Oct.15 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 104.2 0.2 –2.5
(DE) Mining and quarrying, energy, water 194 112.5 1.9 0.4
CZ: Manufactured prod. 806 101.8 –0.3 –3.3
(C1) Food products, beverages, tobacco 186 108.8 –0.1 –0.2
(C2) Coke and refined petroleum products 56 78.5 –2.4 –32.0
(C3) Electrical & electronic equip., computers, mach. 72 101.2 0.0 –0.6
(C4) Transport equipment 111 103.9 0.1 0.5
(C5) Other man. products 380 101.2 –0.4 –1.7
Foreign markets
BE:TOTAL INDUSTRY 1000 102.8 0.1 –0.5
(DE) Mining and quarrying, energy, water 32 102.1 8.9 4.1
CZ: Manufactured prod. 968 102.9 –0.2 –0.7
(C1) Food products, beverages, tobacco 122 113.8 –0.3 1.3
(C2) Coke and refined petroleum products 26 75.8 1.1 –32.2
(C3) Electrical & electronic equip., computers, mach. 180 99.9 0.0 1.0
(C4) Transport equipment 169 104.8 0.0 0.8
(C5) Other man. products 471 102.0 –0.4 –0.3
All markets
BE:TOTAL INDUSTRY 1000 103.3 0.1 –2.0
(DE) Mining and quarrying, energy, water 155 112.0 2.2 0.2
CZ: Manufactured prod. 845 101.7 –0.3 –2.6
(C1) Food products, beverages, tobacco 171 109.7 –0.2 0.1
(C2) Coke and refined petroleum products 49 77.6 –2.0 –32.0
(C3) Electrical & electronic equip., computers, mach. 98 99.7 0.0 0.1
(C4) Transport equipment 125 104.3 0.1 0.6
(C5) Other man. products 402 101.3 –0.4 –1.4

    Tableau2 – Import prices of industrial products

    reference year: 2010
    Import prices of industrial products
    Change in %
    Levels A 10 and A 17 of nomenclature CPF rev. 2, 2008 Weight Oct.15 In 1 month In 1 year
    BE:TOTAL INDUSTRY 1000 96.6 –0.4 –5.8
    CZ: Manufactured prod. s 98.9 –0.5 –2.9
    (C1) Food products, beverages, tobacco 71 111.2 –0.5 –0.7
    (C2) Coke and refined petroleum products 53 77.7 –2.2 –31.9
    (C3) Electrical & electronic equip., computers, mach. 225 96.6 –0.3 1.2
    (C4) Transport equipment 147 98.4 0.0 –1.6
    (C5) Other manufactured products s 101.5 –0.5 –1.7
    • r: updated ; nd: non available ; s : confidential Source: INSEE l

    Tableau3 – Revision of each index at total industry level

    Revision of the monthly change (in %)
    Revision of each index at total industry level
    Jul.15 / Jun.15 Aug.15 / Jul.15 Sep.15 / Aug.15
    French producer prices in industry sold on:
    - the French market // // -0.1
    - the foreign markets +0.1 // //
    - all markets // // –0.1
    Import prices of industrial products –0.1 // –0.1
    • Reading note: the change of the index on French market between Aug.15 and Sept. 15 has been revised by –0.1 point: published last month equal to +0.1%, it has been updated to 0.0%.