In 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%).

Informations rapides
No 240
Paru le : 30/09/2015
Prochaine parution le : 29/09/2017 at 08:45 - August 2017

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%.

Graphique1_EN – Total Industry price indices

Graphique2_EN – Producer price indices of manufactured products sold on the french market

Graphique3_EN – Import price indices of manufactured products

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 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

    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 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

    Tableau3 – Revision of each index at total industry level

    Revision of the monthly change (in %)
    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%.