30 September 2015
2015- n° 240In August 2015, producer prices in industry decreased (-0.9%) Industrial Producer and Import Price Indices - August 2015
On all markets (French market and foreign markets), prices dropped in August (–0.9% following +0.1% in July). Year over year, they declined by 1.5% for the whole industry, especially refined petroleum products (–33.6%) and, to a lesser extent, food products (–1.1%).
Producer price indices in French industry: –0.9% in August
On all markets (French market and foreign markets), prices dropped in August (–0.9% following +0.1% in July). Year over year, they declined by 1.5% for the whole industry, especially refined petroleum products (–33.6%) and, to a lesser extent, food products (–1.1%).
FRENCH MARKET: –0.9%
In August 2015, French producer prices in industry for the French market decreased (–0.9% following -0.1% in July), mainly due to refined petroleum products and, to a lesser extent, for mining and quarrying products, energy and water.
Prices for refined petroleum products slumped
In August, prices for refined petroleum products continued to move down (–12.5% after –6.8% in July), driven by lower Brent crude prices. Year over year, they decreased by a third.
Prices for other energy products moved back
Prices for mining and quarrying products, energy, water fell back (–0.6% in August following +0.8% in June). This reduction was mainly due to lower prices on the electricity wholesale market.
Food prices rose again
Food prices increased anew in August (+0.3% as in July). By products, prices ranged from 1.8% for butchers meat to –0.9% for pasta.
Prices for other manufactured products fell back
In August, prices for other manufactured products dropped (–0.6%) after three months of stability. This decrease is mainly due to chemical products, in connection with the fall in oil prices.
Moreover, prices for basic metals and metallic products dipped again (–0.5% after –0.4% in July); they have decreased since March, driven by the fall of prices for industrial metals on international markets.
FOREIGN MARKETS: -1.0%
Producer prices of French industrial products sold on foreign markets ffell back (–1.0% in August after –0.4% in July). The decrease concerned all main industrial sectors, above all refined petroleum products (–12.0%), and, to a lesser extent, mining and quarrying products, energy, water (–6.3%).
Import price indices of industrial products: –1.5% in August
In August, import prices continued to decline (–1.5% in August after –1.1% in July). Prices fell or were stable in all the main industrial sectors. In particular, prices for refined petroleum products declined by 10.7%, and food prices dropped by 0.3%.
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 | Aug.15 | In 1 month | In 1 year |
| French market | ||||
| BE:TOTAL INDUSTRY | 1000 | 104.1 | –0.9 | –2.1 |
| (DE) Mining and quarrying, energy, water | 194 | 108.9 | –0.6 | 3.9 |
| CZ: Manufactured prod. | 806 | 102.6 | –1.0 | –3.6 |
| (C1) Food products, beverages, tobacco | 186 | 108.9 | 0,3 | –1,6 |
| (C2) Coke and refined petroleum products | 56 | 83.0 | –12.5 | –33.0 |
| (C3) Electrical & electronic equip., computers, mach. | 72 | 101.3 | –0.2 | –0.5 |
| (C4) Transport equipment | 111 | 103.7 | 0.2 | 0.4 |
| (C5) Other man. products | 380 | 102.1 | –0.6 | –1.1 |
| Foreign markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 103.1 | –1.0 | 0.2 |
| (DE) Mining and quarrying, energy, water | 32 | 88.0 | –6.3 | 3.1 |
| CZ: Manufactured prod. | 968 | 103.7 | –0.8 | 0.2 |
| (C1) Food products, beverages, tobacco | 122 | 114.5 | –0.1 | 1.3 |
| (C2) Coke and refined petroleum products | 26 | 77.7 | –12.0 | –37.2 |
| (C3) Electrical & electronic equip., computers, mach. | 180 | 100.5 | –0.1 | 1.7 |
| (C4) Transport equipment | 169 | 104.8 | –0.1 | 0.8 |
| (C5) Other man. products | 471 | 103.2 | –0.9 | 1.6 |
| All markets | ||||
| BE:TOTAL INDUSTRY | 1000 | 103.3 | –0.9 | –1.5 |
| (DE) Mining and quarrying, energy, water | 155 | 107.8 | –1.0 | 3.8 |
| CZ: Manufactured prod. | 845 | 102.4 | –0.9 | –2.6 |
| (C1) Food products, beverages, tobacco | 171 | 109.9 | 0.3 | –1.1 |
| (C2) Coke and refined petroleum products | 49 | 81.8 | –12.4 | –33.6 |
| (C3) Electrical & electronic equip., computers, mach. | 98 | 99.9 | –0.1 | 0.4 |
| (C4) Transport equipment | 125 | 104.2 | 0.1 | 0.6 |
| (C5) Other man. products | 402 | 102.3 | –0.7 | –0.3 |
tableauTableau2 – Import prices of industrial products
| Change in % | ||||
|---|---|---|---|---|
| Levels A 10 and A 17 of nomenclature CPF rev. 2, 2008 | Weight | Aug.15 | In 1 month | In 1 year |
| BE:TOTAL INDUSTRY | 1000 | 97.7 | –1.5 | –5.6 |
| CZ: Manufactured prod. | s | 99.9 | –0.7 | –2.5 |
| (C1) Food products, beverages, tobacco | 71 | 112.1 | –0.3 | –0.5 |
| (C2) Coke and refined petroleum products | 53 | 79.8 | –10.7 | –35.9 |
| (C3) Electrical & electronic equip., computers, mach. | 225 | 97.0 | –0.3 | 0.8 |
| (C4) Transport equipment | 147 | 98.6 | –0.1 | –1.1 |
| (C5) Other manufactured products | s | 103.1 | –0.2 | 0.2 |
- r: updated ; nd: non available ; s : confidential
tableauTableau3 – Revision of each index at total industry level
| May 15 / Apr.15 | Jun.15 / May 15 | Jul.15 / Jun.15 | |
|---|---|---|---|
| French producer prices in industry sold on: | |||
| - the French market | // | // | // |
| - the foreign markets | // | // | // |
| - all markets | // | +0.1 | -0.1 |
| Import prices of industrial products | // | +0.1 | –0.1 |
- Reading note: the change of the index on all markets between June and July 2015 has been revised by -0,1 point: published last month equal to 0%, it has been updated to -0,1%.
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