31 July 2014
2014- n° 181In June 2014, producer prices were stable overall Industrial Producer and Import Price Indices - June 2014
In June, French producer prices in industry for French market leveled off following several successive months of decline. Energy prices fell slightly (–0.3 % after –2.4 %) and prices for manufactured goods were once again almost unchanged (+0.1 % after +0.1 % in May).
Producer price indices in French industry : +0.1 % in June
FRENCH MARKET: +0.0 % in June
In June, French producer prices in industry for French market leveled off following several successive months of decline. Energy prices fell slightly (–0.3 % after –2.4 %) and prices for manufactured goods were once again almost unchanged (+0.1 % after +0.1 % in May).
Energy prices moved moderately…
In June, prices for gas and waste collection and treatment services declined (–2.1 % and –1.5 % respectively) while electricity prices stabilized (+0.3 % after –1.7 %).
Prices for refined petroleum products advanced significantly again (+1.8 % after +0.2 % in May) in a context of higher prices for Brent crude sourced from the North Sea, whose increase was stronger in euros than in dollars (+3.5 % and +2.4 % respectively ).
…while food prices remained stable…
Food prices were almost unchanged in June (–0.1 % after +0.0 % in May). Prices for processed and preserved meat (–0.3 %) and poultry (–0.4 %) fell slightly, driven by animal prices (most notably cattle). Prices for dairy products rallied (+0.4 % after –0.1 %).
…as well as prices for “other manufactured products”
However, the overall stability in prices for “other manufactured products” (+0.0 % after +0.2 %) masked contrasted movements: the significant rise in prices for textiles (+1.0 %), due to the arrival of the new winter collections, was offset by the decline in prices for chemical products (–0.9 %).
FOREIGN MARKETS: +0.2% in June
Producer prices of French industrial products sold on foreign markets increased slightly (+0.2 % after +0.0 %). This rise was mainly due to higher prices for refined petroleum products (+2.2 %) textiles (+0.9 %) and basic metals (+0.4 %).
ALL MARKETS: +0.1 % in June
On all markets, prices leveled off (+0.1 % after –0.3 % in May). Year over year, the stability of the index (+0.0 %) resulted from contrasted movements between the overall decline in prices for manufactured products (–0.5 %) and the rise in energy prices (+2.6 %).
Import price indices of industrial products: +0.5 % in June
Import prices rallied in June (+0.5 % after 0.0 % in May). Buying prices for crude oil rose, as well as prices for textiles (+0.5 %) and basic metals (+0.7 %).
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
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 | Jun.14 | In 1 month | In 1 year |
| French market | ||||
| BE:TOTAL INDUSTRY | 1000 | 107,5 | 0,0 | 0,4 |
| (DE) Mining and quarrying, energy, water | 226 | 109,6 | –0,3 | 2,4 |
| CZ: Manufactured prod. | 774 | 106,5 | 0,1 | –0,5 |
| (C1) Food products, beverages, tobacco | 196 | 111,2 | –0,1 | –0,6 |
| (C2) Coke and refined petroleum products | 49 | 127,1 | 1,8 | –0,3 |
| (C3) Electrical & electronic equip., computers, mach. | 53 | 101,7 | –0,1 | –1,0 |
| (C4) Transport equipment | 80 | 103,2 | 0,0 | 0,1 |
| (C5) Other man. products | 396 | 103,0 | 0,0 | –0,4 |
| Foreign markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 102,8 | 0,2 | –0,4 |
| CZ: Manufactured prod. | 980 | 103,3 | 0,2 | –0,4 |
| (C1) Food products, beverages, tobacco | 100 | 113,2 | 0,2 | 1,6 |
| (C2) Coke and refined petroleum products | 37 | 128,3 | 2,2 | 2,6 |
| (C3) Electrical & electronic equip., computers, mach. | 194 | 97,7 | 0,1 | –0,1 |
| (C4) Transport equipment | 252 | 103,7 | 0,1 | 0,1 |
| (C5) Other man. products | 397 | 101,5 | 0,2 | –1,6 |
| All markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 105,8 | 0,1 | 0,0 |
| CZ: Manufactured prod. | 845 | 105,2 | 0,1 | –0,5 |
| (C1) Food products, beverages, tobacco | 163 | 111,6 | 0,0 | –0,2 |
| (C2) Coke and refined petroleum products | 45 | 126,4 | 1,8 | –0,4 |
| (C3) Electrical & electronic equip., computers, mach. | 102 | 98,9 | 0,0 | –0,5 |
| (C4) Transport equipment | 140 | 103,5 | 0,0 | 0,1 |
| (C5) Other man. products | 395 | 102,5 | 0,0 | –0,8 |
tableauTableau2 – Import prices of industrial products
| Change in % | ||||
|---|---|---|---|---|
| Levels A 10 and A 17 of nomenclature CPF rev. 2, 2008 | Weight | Jun.14 | In 1 month | In 1 year |
| BE:TOTAL INDUSTRY | 1000 | 104,5 | 0,5 | –1,3 |
| CZ: Manufactured prod. | s | 102,7 | 0,3 | –1,1 |
| (C1) Food products, beverages, tobacco | 69 | 114,3 | 0,1 | –0,3 |
| (C2) Coke and refined petroleum products | 47 | 128,3 | 2,0 | 0,9 |
| (C3) Electrical & electronic equip., computers, mach. | 227 | 96,2 | 0,2 | –2,5 |
| (C4) Transport equipment | 147 | 99,3 | –0,1 | –0,5 |
| (C5) Other manufactured products | s | 102,8 | 0,3 | –1,1 |
- r: updated ; nd: non available ; s : confidential
tableauTableau3 – Revision of each index at total industry level
| Mar.14 / Feb.14 | Apr.14 / Mar.14 | May 14 / Apr.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 | +0.1 | –0.1 | +0.1 |
- (1) Reading note: the evolution of the index between May 2014 and April 2014 published last month was equal to –0.5 %. It is updated to –0.4 %; that is to say a revision of +0.1 point.
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