30 April 2015
2015- n° 107In 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.
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.
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 | 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 |
tableauTableau2 – 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
tableauTableau3 – 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%.