In 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.

Informations rapides
No 187
Paru le : 31/07/2015
Prochaine parution le : 30/11/2017 at 08:45 - October 2017

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%)

Graphique1_EN – Total Industry price indices

  • Base and reference year:2010

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

  • Base and reference year:2010

Graphique3_EN – Import price indices of manufactured products

  • Base and reference year:2010

– 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 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

Tableau2 – Import prices of industrial products

reference year: 2010
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

    Tableau3 – Revision of each index at total industry level

    Revision of the monthly change (in %)
    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%.