In July 2015, producer prices in industry were unchanged (+0.0%)Industrial Producer and Import Price Indices - July 2015

In July 2015, French producer prices in industry for the French market were almost unchanged, as in June (–0.1% following +0.1% in June). The decline in prices for refined petroleum products was offset by the rise in prices for mining and quarrying products, energy, water and food products.

Informations rapides
No 208
Paru le : 28/08/2015
Prochaine parution le : 31/10/2017 at 08:45 - September 2017

Producer price indices in French industry: +0.0% in July

FRENCH MARKET: –0.1%

In July 2015, French producer prices in industry for the French market were almost unchanged, as in June (–0.1% following +0.1% in June). The decline in prices for refined petroleum products was offset by the rise in prices for mining and quarrying products, energy, water and food products.

Prices for refined petroleum products declined

In July, prices for refined petroleum products continued to move down (–6.2% after –2.3% in June), driven by lower Brent crude prices.

Prices for other energy products rose

Prices for mining and quarrying products, energy, water advanced for the second consecutive month (+0.9% in July following +1.2% in June). This rise was mainly due to higher prices on the electricity wholesale market, which were only partly offset by the seasonal decline in gas prices.

Food prices moved up

Food prices increased in July (+0.4% after –0.1% in June). Prices for the main categories of products rose: +1.3 % for processed and preserved meat due to higher prices for summer meat cuts (flank steak, rib steak etc) and, to a lesser extent, +0.2% for dairy products and bread, fresh pastry goods and cakes.

Prices for other manufactured products remained stable

In July, as in June, prices for other manufactured products remained unchanged. Supply issues for certain chemical products led to higher prices, which offset the drop in prices for basic metals and metal products (–0.3%).

FOREIGN MARKETS: +0.1%

Producer prices of French industrial products sold on foreign markets were virtually unchanged (+0.1% after +0.2% in June). The fall in prices for refined petroleum products (–8.1%) was offset by the rise in prices for mining and quarrying products, energy, water (+7.3%).

ALL MARKETS: +0.0%

On all markets, prices remained stable (+0.0% in July following +0.1% in June). Year over year, they declined by 1.0% for the whole industry, mostly due to refined petroleum products (–25.9%) and, to a lesser extent, food products (–1.6%).

Import price indices of industrial products: –1.0% in July

In July, import prices continued to decline (–1.0% in July after –0.6% in June). Prices fell or were stable in all the main industrial sectors. In particular, prices for refined petroleum products declined by –7.3%. Food prices dropped (–0.6%), mainly due to lower prices for dairy products and, to a lesser extent, for processed and preserved meat.

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

– 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.15 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 105.0 -0.1 -1.6
(DE) Mining and quarrying, energy, water 194 109.3 0.9 3.2
CZ: Manufactured prod. 806 103.6 -0.3 -2.8
(C1) Food products, beverages, tobacco 186 108.6 0.4 -2.2
(C2) Coke and refined petroleum products 56 94.6 -6.2 -25.1
(C3) Electrical & electronic equip., computers, mach. 72 101.6 0.1 -0.3
(C4) Transport equipment 111 103.5 0.0 0.3
(C5) Other man. products 380 102.7 0.0 -0.4
Foreign markets
BE:TOTAL INDUSTRY 1000 104.1 0.1 0.7
(DE) Mining and quarrying, energy, water 32 94.0 7.3 -2.2
CZ: Manufactured prod. 968 104.5 -0.1 0.8
(C1) Food products, beverages, tobacco 122 114.7 0.3 1.0
(C2) Coke and refined petroleum products 26 87.5 -8.1 -31.0
(C3) Electrical & electronic equip., computers, mach. 180 100.5 0.2 2.1
(C4) Transport equipment 169 104.8 0.0 0.8
(C5) Other man. products 471 104.2 0.1 2.6
All markets
BE:TOTAL INDUSTRY 1000 104.2 0.0 -1.0
(DE) Mining and quarrying, energy, water 155 108.6 1.2 2.9
CZ: Manufactured prod. 845 103.4 -0.3 -1.8
(C1) Food products, beverages, tobacco 171 109.7 0.3 -1.6
(C2) Coke and refined petroleum products 49 93.0 -6.5 -25.9
(C3) Electrical & electronic equip., computers, mach. 98 100.1 0.1 0.7
(C4) Transport equipment 125 104.1 0.0 0.5
(C5) Other man. products 402 103.1 0.0 0.4

    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 Jul.15 In 1 month In 1 year
    BE:TOTAL INDUSTRY 1000 99.3 –1.0 –4.4
    CZ: Manufactured prod. s 100.8 –0.5 –1.7
    (C1) Food products, beverages, tobacco 71 112.6 –0.6 –0.7
    (C2) Coke and refined petroleum products 53 90.2 –7.3 –28.7
    (C3) Electrical & electronic equip., computers, mach. 225 97.1 –0.3 1.0
    (C4) Transport equipment 147 98.7 0.1 –1.0
    (C5) Other man. products s 103.5 –0.1 0.8

      Tableau3 – Revision of each index at total industry level

      Revision of the monthly change (in %)
      Revision of each index at total industry level
      Apr.15 / Mar.15 May 15 / Apr.15 Jun.15 / May 15
      French producer prices in industry sold on:
      - the French market // // +0.3
      - the foreign markets +0.1 // +0.4
      - all markets // // +0.3
      Import prices of industrial products // // –0.1
      • Reading note: the change of the index on the French market between May and June 2015 has been revised by 0,3 point: published last month equal to –0.2%, it has been updated to +0.1%. This revision is due to late integration of electricity prices.
      • .
      • r: updated ; nd: non available ; s : confidential