23 December 2014
2014- n° 300In November 2014, producer prices in industry fell slightly Industrial Producer and Import Price Indices - November 2014
In November, French producer prices in industry for the French market remained almost unchanged (–0.1% in November as in October). The decline in prices for refined petroleum products (–5.1%) was offset by the rise in prices for mining and quarrying products, energy, water (+1.7%).
Producer price indices in French industry : –0.2% in November
FRENCH MARKET: –0.1% in November
In November, French producer prices in industry for the French market remained almost unchanged (–0.1% in November as in October). The decline in prices for refined petroleum products (–5.1%) was offset by the rise in prices for mining and quarrying products, energy, water (+1.7%).
Prices for petroleum products tumbled
In November, prices for refined petroleum products tumbled anew (–5.1% in November after –6.7% in October), driven by plunging crude oil prices.
Conversely, prices for mining and quarrying products, energy, water continued to rise (+1.7% in November after +2.8% in October), supported by the switch to winter tariffs for transmission services of electricity.
Prices for food and other manufactured products kept on falling
The decline in food prices – which had begun in August – continued in November (–0.4%). All food prices declined, except meat prices: chuck beef and lamb benefited from the seasonal demand.
Prices for other manufactured products continued to move down (–0.3%), due to the decline in prices for chemical products (–2.1%).
Prices for electrical, electronic and computer equipment remained steady
Prices for electrical, electronic and computer equipment were almost unchanged (+0.1%). They benefited from the rising market for electronic boards intended for connected objects and the automotive industry.
FOREIGN MARKETS: –0.5% in November
Producer prices of French industrial products sold on foreign markets moved down (–0.5%). This decline was due to lower prices for refined petroleum products (–7.1%) and – to a lesser extent – lower prices on the electricity wholesale market.
ALL MARKETS: –0.2% in November
On all markets, prices decreased slightly (–0.2%). Year over year, the decline was 1.7% for all products and 14.9% for refined petroleum products.
Import price indices of industrial products: –0.8% in November
Import prices declined again in November (–0.8%, after –0.7% in October). Prices for refined petroleum products fell by 5.1%. Prices for other manufactured products dipped (–0.2%), due to lower prices for chemical products (–1.4%). Conversely, import food prices leveled off (+0.1% after –0.4% in October).
graphiqueGraphique1_EN – Total Industry price indices
graphiqueGraphique2_EN – Producer price indices of manufactured products sold on the french market
graphiqueGraphique3_EN – Import price indices of manufactured products
tableauTableau1 – 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 | Nov.14 | In 1 month | In 1 year |
| French market | ||||
| BE:TOTAL INDUSTRY | 1000 | 106.6 | –0.1 | –2.0 |
| (DE) Mining and quarrying, energy, water | 194 | 113.5 | 1.7 | –2.8 |
| CZ: Manufactured prod. | 806 | 104.5 | –0.6 | –1.8 |
| (C1) Food products, beverages, tobacco | 186 | 108.8 | –0.4 | –1.8 |
| (C2) Coke and refined petroleum products | 56 | 109.6 | –5.1 | –14.6 |
| (C3) Electrical & electronic equip., computers, mach. | 72 | 101.9 | 0.1 | –0.2 |
| (C4) Transport equipment | 111 | 103.3 | –0.1 | 0.4 |
| (C5) Other man. products | 380 | 102.4 | –0.3 | –0.5 |
| Foreign markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 102.6 | –0.5 | –0.5 |
| CZ: Manufactured prod. | 968 | 103.0 | –0.4 | –0.2 |
| (C1) Food products, beverages, tobacco | 122 | 111.6 | –0.5 | –0.1 |
| (C2) Coke and refined petroleum products | 26 | 103.8 | –7.1 | –16.0 |
| (C3) Electrical & electronic equip., computers, mach. | 180 | 98.5 | 0.2 | 1.2 |
| (C4) Transport equipment | 169 | 104.0 | 0.0 | 0.4 |
| (C5) Other man. products | 471 | 102.0 | –0.3 | 0.1 |
| All markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 105.1 | –0.2 | –1.7 |
| CZ: Manufactured prod. | 845 | 103.7 | –0.6 | –1.4 |
| (C1) Food products, beverages, tobacco | 171 | 109.3 | –0.4 | –1.5 |
| (C2) Coke and refined petroleum products | 49 | 108.1 | –5.4 | –14.9 |
| (C3) Electrical & electronic equip., computers, mach. | 98 | 99.4 | 0.1 | 0.5 |
| (C4) Transport equipment | 125 | 103.7 | –0.1 | 0.4 |
| (C5) Other man. products | 402 | 102.2 | –0.3 | –0.4 |
tableauTableau2 – Import prices of industrial products
| Change in % | ||||
|---|---|---|---|---|
| Levels A 10 and A 17 of nomenclature CPF rev. 2, 2008 | Weight | Nov.14 | In 1 month | In 1 year |
| BE:TOTAL INDUSTRY | 1000 | 101.9 | –0.8 | –3.4 |
| CZ: Manufactured prod. | s | 101.6 | –0.5 | –1.6 |
| (C1) Food products, beverages, tobacco | 71 | 112.1 | 0.1 | –1.7 |
| (C2) Coke and refined petroleum products | 53 | 108.3 | –5.1 | –15.4 |
| (C3) Electrical & electronic equip., computers, mach. | 225 | 96.3 | –0.2 | –1.4 |
| (C4) Transport equipment | 147 | 99.9 | 0.0 | 0.1 |
| (C5) Other manufactured products | s | 103.1 | –0.2 | –0.1 |
- r: updated ; nd: non available ; s : confidential
tableauTableau3 – Revision of each index at total industry level
| Aug.14 / Jul.14 | Sep.14 / Aug.14 | Oct.14 / Sep.14 | |
|---|---|---|---|
| French producer prices in industry sold on: | |||
| - the French market | +0.1 | // | +0.1(1) |
| - the foreign markets | // | +0.1 | +0.1 |
| - all markets | // | –0.1 | +0.1 |
| Import prices of industrial products | // | // | // |
- (1) Reading note: the change of the index between September and October 2014 is revised by +0,1 point; the change published at the end of November was –0.2%, it is updated to –0.1%.
Pour en savoir plus
