In June 2014, producer prices were stable overallIndustrial 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).

Informations rapides
No 181
Paru le : 31/07/2014
Prochaine parution le : 22/12/2017 at 08:45 - November 2017

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 %).

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 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

    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 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

    Tableau3 – Revision of each index at total industry level

    Revision of the monthly change (in points)
    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.