In September 2014, producer prices in industry ralliedIndustrial Producer and Import Price Indices - September 2014

In September, French producer prices in industry for French market rallied (+0.5%), following two consecutive months of decline (–0.4% in August and –0.3% in July). This rise was mainly due to higher prices for mining and quarrying products, energy, water (+3.7%).

Informations rapides
No 253
Paru le : 31/10/2014
Prochaine parution le : 22/12/2017 at 08:45 - November 2017

Producer price indices in French industry : +0.5% in September

FRENCH MARKET: +0.5% in September

In September, French producer prices in industry for French market rallied (+0.5%), following two consecutive months of decline (–0.4% in August and –0.3% in July). This rise was mainly due to higher prices for mining and quarrying products, energy, water (+3.7%).

Energy prices increased sharply

In September, electricity prices recovered (+6.5% after –1.6%), driven by prices on the wholesale market. Gas prices picked up (+2.0%), after a summer pause.

While crude oil prices continued to decline and reached their lowest point since February 2011, prices for refined petroleum products were almost unchanged (–0.2% after –1.7%). The fall in gasoline prices was indeed offset by the advance in prices for lubricating oils and LPG.

Food prices moved down

Food prices fell by 0.7%. Most notably, prices for meat products (–0.7%) and for oils and fats (–1.7%) declined driven by lower raw material prices.

Prices for other manufactured products were almost unchanged

This quasi-stability of prices for other manufactured products (–0.2% after 0.0%) resulted from contrasted evolutions. Prices for chemical products (–1.4%) and rubber products (–0.4%) dropped, mainly due to lower raw material prices, while prices for the other manufactured products rose slightly or stabilized.

FOREIGN MARKETS: +0.3% in September

Producer prices of French industrial products sold on foreign markets moved(+0.3% after –0.4%), driven by the significant rise in electricity prices, which came back to a normal level after two months of decline.

ALL MARKETS: +0.5% in September

On all markets, prices increased (+0.5% after –0.4%). Year over year, the decline was –1.4 % for all products and –7.3% for refined petroleum products.

Import price indices of industrial products: –0.0% in September

Import prices were unchanged (0.0% after –0.3%). On one hand, buying prices for electrical, electronic and computer equipment increased (+0.4%) due to the depreciation of the euro. On the other hand, prices for refined petroleum products (–0.5%) and food prices (–0.3%) declined.

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

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 Sep.14 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 106.8 0.5 –1.4
(DE) Mining and quarrying, energy, water 226 108.6 3.7 –2.7
CZ: Manufactured prod. 774 106.0 –0.2 –1.2
(C1) Food products, beverages, tobacco 196 110.0 –0.7 –1.8
(C2) Coke and refined petroleum products 49 123.8 –0.2 –7.4
(C3) Electrical & electronic equip., computers, mach. 53 101.8 0.1 –0.8
(C4) Transport equipment 80 103.4 0.1 0.2
(C5) Other man. products 396 102.9 –0.2 –0.3
Foreign markets
BE:TOTAL INDUSTRY 1000 103.0 0.3 –0.7
CZ: Manufactured prod. 980 103.4 0.1 –0.5
(C1) Food products, beverages, tobacco 100 112.4 –0.1 –0.2
(C2) Coke and refined petroleum products 37 122.2 –1.2 –5.1
(C3) Electrical & electronic equip., computers, mach. 194 98.2 0.2 0.4
(C4) Transport equipment 252 104.0 0.2 0.2
(C5) Other man. products 397 101.7 0.1 –0.9
All markets
BE:TOTAL INDUSTRY 1000 105.3 0.5 –1.4
CZ: Manufactured prod. 845 104.9 –0.2 –1.0
(C1) Food products, beverages, tobacco 163 110.4 –0.6 –1.5
(C2) Coke and refined petroleum products 45 122.8 –0.3 –7.3
(C3) Electrical & electronic equip., computers, mach. 102 99.2 0.1 –0.2
(C4) Transport equipment 140 103.8 0.1 0.2
(C5) Other man. products 395 102.5 –0.1 –0.5

    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 Sep.14 In 1 month In 1 year
    BE:TOTAL INDUSTRY 1000 103.6 0.0 –2.9
    CZ: Manufactured prod. s 102.6 0.1 –1.3
    (C1) Food products, beverages, tobacco 69 112.8 –0.3 –1.5
    (C2) Coke and refined petroleum products 47 123.9 –0.5 –6.9
    (C3) Electrical & electronic equip., computers, mach. 227 96.7 0.4 –1.8
    (C4) Transport equipment 147 99.8 0.1 0.0
    (C5) Other manufactured products s 103.1 0.0 –0.7
    • 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
    Jun.14 / May 14 Jul.14 / Jun.14 Aug.14 / Jul.14
    French producer prices in industry sold on:
    - the French market // // -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 price between July 2014 and August 2014 published last month was equal to –0.3%. It is updated to –0.4%; that is to say a revision of –0.1 point.