In March 2015, producer prices in industry almost unchanged (+0.1%)Industrial Producer and Import Price Indices - March 2015

In March 2015, French producer prices in industry for the French market were virtually stable (+0.1% following +0.8% in February). In all the main industrial sectors, prices were unchanged or moved up, except prices for mining and quarrying products, energy, and water.

Informations rapides
No 107
Paru le : 30/04/2015
Prochaine parution le : 29/09/2017 at 08:45 - August 2017

Producer price indices in French industry: +0.1% in March

FRENCH MARKET: +0.1% in March

In March 2015, French producer prices in industry for the French market were virtually stable (+0.1% following +0.8% in February). In all the main industrial sectors, prices were unchanged or moved up, except prices for mining and quarrying products, energy, and water.

Mixed movements in energy prices

In March, prices for refined petroleum products continued to rise, but at a slower pace following the significant rebound in February (+4.3% in March after +14.0% in February), driven by moderately higher Brent crude prices in euros.

Prices for “mining and quarrying products, energy, and water” moved down (–1.0%), mainly due to the decline in prices on the electricity wholesale market.

Food prices remained steady

For the second consecutive month, food prices were almost unchanged (+0.1% in March following –0.1% in February). By product, price movements were mixed: from +2.4% for cocoa, chocolate and sugar confectionery, which benefited from the approach of the Easter season, to –1.2% for dairy and cheese products which are exposed to foreign competition.

Prices for electrical, electronic and computer equipment moved up

In March, prices for “electrical, electronic and computer equipment” increased (+0.3%), mainly driven by the rise in prices for machines and equipment (+0.5%) due to higher prices for certain intrants.

FOREIGN MARKETS: +0.2% in March

Producer prices of French industrial products sold on foreign markets continued to increase (+0.2% in March after +0.8% in February). The advance was mainly due to the significant rise in prices for refined petroleum products (+5.5%), but also, to a lesser extent, to the other main industrial sectors. Electricity and gas prices were the only ones to decline.

ALL MARKETS: +0.1% in March

On all markets, prices were almost unchanged (+0.1% after +0.8%). Year over year, they declined by 1.5% for the whole industry, mainly due to refined petroleum products (–22.6%) and food products (–1.9%).

Import price indices of industrial products: +0.7% in March

In March, import prices continued to advance but slower (+0.7% after +1.5%). Prices rose in all the main sectors of the manufacturing industry, except prices for transport equipment which fell slightly. Prices for refined petroleum products rose the most (+2.0%), followed by prices for other industrial products (+0.8%), most notably basic metals.

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 Mar.15 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 105.7 0.1 –2.2
(DE) Mining and quarrying, energy, water 194 114.7 –1.0 0.9
CZ: Manufactured prod. 806 103.1 0.3 –3.0
(C1) Food products, beverages, tobacco 186 108.1 0.1 –2.4
(C2) Coke and refined petroleum products 56 95.7 4.3 –23.4
(C3) Electrical & electronic equip., computers, mach. 72 101.7 0.3 –0.1
(C4) Transport equipment 111 103.5 0.0 0.3
(C5) Other man. products 380 101.8 0.1 –1.1
Foreign markets
BE:TOTAL INDUSTRY 1000 103.3 0.2 0.5
CZ: Manufactured prod. 968 103.6 0.4 0.5
(C1) Food products, beverages, tobacco 122 113.3 0.5 0.4
(C2) Coke and refined petroleum products 26 101.0 5.5 –17.2
(C3) Electrical & electronic equip., computers, mach. 180 99.9 0.0 2.0
(C4) Transport equipment 169 104.8 0.1 1.2
(C5) Other man. products 471 102.2 0.4 1.0
All markets
BE:TOTAL INDUSTRY 1000 104.6 0.1 –1.5
CZ: Manufactured prod. 845 102.8 0.4 –2.0
(C1) Food products, beverages, tobacco 171 109.1 0.1 –1.9
(C2) Coke and refined petroleum products 49 95.8 4.5 –22.6
(C3) Electrical & electronic equip., computers, mach. 98 99.9 0.2 0.8
(C4) Transport equipment 125 104.1 0.0 0.6
(C5) Other man. products 402 101.8 0.2 –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 Mar.15 In 1 month In 1 year
    BE:TOTAL INDUSTRY 1000 99.9 0.7 –4.1
    CZ: Manufactured prod. s 100.9 0.6 –1.5
    (C1) Food products, beverages, tobacco 71 112.4 0.4 –0.9
    (C2) Coke and refined petroleum products 53 95.4 2.0 –23.4
    (C3) Electrical & electronic equip., computers, mach. 225 97.3 0.5 0.2
    (C4) Transport equipment 147 99.1 –0.1 –0.4
    (C5) Other manufactured products s 102.9 0.8 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
    Dec.14 / Nov.14 Jan.15 / Dec.14 Feb.15 / Jan.15
    French producer prices in industry sold on:
    - the French market // –0.1 +0.1(1)
    - the foreign markets // // //
    - all markets // // //
    Import prices of industrial products –0.1 // //
    • (1) Reading note: the change of the index between January and February 2015 has been revised by 0.1 point: published last month equal to 0.7%, it has been updated to 0.8%.