31 July 2015
2015- n° 187In June 2015, producer prices in industry dipped slightly (–0.2%) Industrial Producer and Import Price Indices - June 2015
In June 2015, French producer prices in industry for the French market fell slightly (–0.2% following –0.5% in May), mainly due to the decline in prices for refined petroleum products.
Producer price indices in French industry: –0.2% in June
FRENCH MARKET: –0.2% in June
In June 2015, French producer prices in industry for the French market fell slightly (–0.2% following –0.5% in May), mainly due to the decline in prices for refined petroleum products.
Prices for refined petroleum products declined
In June, prices for refined petroleum products moved down (–2.3% after +4.1%), driven by Brent crude prices. Prices for premium gas continued to advance due to a temporary imbalance on the market.
Food prices remained steady
Food prices have been almost unchanged since the beginning of 2015 (–0.1% in June following –0.1% in May and 0.0% since January). This near-stability concerned all the sectors of the food industry. However, there was a rise in prices for processed and preserved meat (+0.4 % over a month but –7.3 % year over year) and a decline in prices for other processed and preserved fruit and vegetables (–0.7 % over a month but –2.9 % year over year).
Prices for other manufactured products remained stable
In June, prices for other manufactured products were almost unchanged (–0.1% after +0.2%). This apparent stability hid mixed price movements: prices for chemical products declined (–0.6% in June following +1.7% in May) driven by lower oil prices, as well as prices for metal products (–0.4% in June following 0.0% in May) due to low international metal prices and low Chinese demand ; conversely prices for pharmaceutical products increased by 0.5% and got back to the same level as the beginning of 2015.
FOREIGN MARKETS: –0.2% in June
Producer prices of French industrial products sold on foreign markets continued to fall (–0.2% after –0.5% in May). The decline in prices for refined petroleum products (–0.3%) and for other manufactured products (–0.4%) was partly offset by higher food prices.
ALL MARKETS: –0.2% in June
On all markets, prices continued to drop (–0.2% in June after –0.5% in May). Year over year, they declined by 1.4% for the whole industry, mostly due to refined petroleum products (–20.9%) and - to a lesser extent -food products (–2.0%).
Import price indices of industrial products: –0.5% in June
In June, import prices moved down (–0.5% after +0.3%). All the main industrial sectors were affected by lower prices, except food prices which rose slightly (+0.2%). Prices for refined petroleum products declined the most (–4.0%)
graphiqueGraphique1_EN – Total Industry price indices
- Base and reference year:2010
graphiqueGraphique2_EN – Producer price indices of manufactured products sold on the french market
- Base and reference year:2010
graphiqueGraphique3_EN – Import price indices of manufactured products
- Base and reference year:2010
tableau – 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 | Jun.15 | In 1 month | In 1 year |
| French market | ||||
| BE:TOTAL INDUSTRY | 1000 | 104.9 | –0.2 | –1.9 |
| (DE) Mining and quarrying, energy, water | 194 | 107.5 | 0.1 | 0.3 |
| CZ: Manufactured prod. | 806 | 103.9 | –0.2 | –2.5 |
| (C1) Food products, beverages, tobacco | 186 | 108.1 | –0.1 | –2.6 |
| (C2) Coke and refined petroleum products | 56 | 101.3 | –2.3 | –20.3 |
| (C3) Electrical & electronic equip., computers, mach. | 72 | 101.6 | 0.2 | –0.1 |
| (C4) Transport equipment | 111 | 103.5 | –0.2 | 0.3 |
| (C5) Other man. products | 380 | 102.6 | –0.1 | –0.5 |
| Foreign markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 103.4 | –0.2 | 0.2 |
| (DE) Mining and quarrying, energy, water | 32 | 81.3 | 0.1 | –9.5 |
| CZ: Manufactured prod. | 968 | 104.2 | –0.2 | 0.5 |
| (C1) Food products, beverages, tobacco | 122 | 114.4 | 0.5 | 0.9 |
| (C2) Coke and refined petroleum products | 26 | 97.5 | –0.3 | –25.1 |
| (C3) Electrical & electronic equip., computers, mach. | 180 | 100.1 | –0.1 | 1.7 |
| (C4) Transport equipment | 169 | 104.8 | 0.0 | 0.9 |
| (C5) Other man. products | 471 | 103.3 | –0.4 | 1.7 |
| All markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 103.9 | –0.2 | –1.4 |
| (DE) Mining and quarrying, energy, water | 155 | 106.2 | 0.1 | –0.1 |
| CZ: Manufactured prod. | 845 | 103.5 | –0.2 | –1.7 |
| (C1) Food products, beverages, tobacco | 171 | 109.2 | 0.0 | –2.0 |
| (C2) Coke and refined petroleum products | 49 | 100.1 | –2.1 | –20.9 |
| (C3) Electrical & electronic equip., computers, mach. | 98 | 99.9 | 0.1 | 0.7 |
| (C4) Transport equipment | 125 | 104.1 | –0.1 | 0.5 |
| (C5) Other man. products | 402 | 102.7 | –0.2 | 0.1 |
- r: updated ; nd: non available ; s : confidential
- Producer price indices of manufactured products sold on the french market
- Base and reference year:2010
tableauTableau2 – Import prices of industrial products
| Levels A 10 and A 17 of | Change in % | |||
|---|---|---|---|---|
| nomenclature CPF rev. 2, 2008 | Weight | Jun.15 | In 1 month | In 1 year |
| BE:TOTAL INDUSTRY | 1000 | 100.5 | –0.5 | –3.8 |
| CZ: Manufactured prod. | s | 101.4 | –0.4 | –1.2 |
| (C1) Food products, beverages, tobacco | 71 | 112.9 | 0.2 | –1.1 |
| (C2) Coke and refined petroleum products | 53 | 97.8 | –4.0 | –23.8 |
| (C3) Electrical & electronic equip., computers, mach. | 225 | 97.4 | –0.3 | 1.2 |
| (C4) Transport equipment | 147 | 98.6 | –0.2 | –1.1 |
| (C5) Other manufactured products | s | 103.8 | –0.1 | 1.1 |
tableauTableau3 – Revision of each index at total industry level
| Mar.15 / Feb.15 | Apr.15 / Mar.15 | May 15 / Apr.15 | |
|---|---|---|---|
| French producer prices in industry sold on: | |||
| - the French market | // | +0.1(1) | // |
| - the foreign markets | // | // | // |
| - all markets | // | // | // |
| Import prices of industrial products | // | // | –0,1 |
- Reading note: the change of the index between April 2015 and March 2015 has been revised by 0.1 point: published last month equal to –0.4%, it has been updated to –0.3%.
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