In April 2016, producer prices in industry fell back (−0.3%)Industrial Producer and Import Price Indices - April 2016

On all markets (French market and foreign markets), producer prices fell back in April 2016 (-0.3% following +0.2%). Year over year, they decreased by 3.9%, mainly due to plummeting prices for refined petroleum products (-30.9%).

Informations rapides
No 144
Paru le : 31/05/2016
Prochaine parution le : 29/09/2017 at 08:45 - August 2017

Producer prices in French industry: −0.3% in April

On all markets (French market and foreign markets), producer prices fell back in April 2016 (−0.3% following +0.2%). Year over year, they decreased by 3.9%, mainly due to plummeting prices for refined petroleum products (−30.9%).

FRENCH MARKET: −0.5%

In April 2016, French producer prices in industry for the French market decreased (−0.4% after +0.3% in March and −0.5% in February), driven down by a further price fall for mining and quarrying products, energy and water.

Prices for refined petroleum products expanded again

In April, prices for refined petroleum products picked up again, but less strongly than in March (+3.9% after +15.2%) as those for crude oil. Year over year, prices decreased by 31.0%.

Prices for other energy products slid again

Prices for mining and quarrying products, energy and water declined for the fifth consecutive month. The fall, sharper in April (−2.7%) than March (−0.6%), was mainly due to changeover to summer rates for electricity transport.

Slight decline in food prices

In April, food prices slid sligthly (−0.2% following −0.6% in March). The decline mainly concerned dairy products, oils and prepared feeds for farm animals. These falls were partially offset by the rise in poultry meat prices.

Virtual stability in prices for other manufactured products

Prices for other manufactured products were almost unchanged in April (+0.1% following −0.1%). The

increase in prices for chemical products, related to the recovery in oil prices, was offset by the fall in prices for pharmaceutical preparations, rubber and plastics products and basic metals products. Prices for others products of this sector were stable or virtually stable.

FOREIGN MARKETS: +0.0%

Producer prices of French industrial products sold on foreign markets were stable (0.0%) following a moderate rise in March (+0.3%). The increase in prices for other manufactured products and for refined petroleum products was partially offset by the fall in prices for food products and for mining and quarrying products, energy and water.

Import price indices of industrial products: 0.0% in April

In April, import prices of industrial products were unchanged (+0.0%) after a rebound in March (+0.9%). Only prices for oil refining products advanced (+2.4%), prices for all other sectors were stable or declined.

Graphique1_EN – Total Industry price indices

  • reference year: 2010
  • Source: INSEE

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

  • reference year: 2010
  • Source: INSEE

Graphique3_EN – Import price indices of manufactured products

  • reference year: 2010
  • Source: INSEE

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 Apr.16 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 101.3 –0.5 –4.1
(DE) Mining and quarrying. energy. water 193 104.7 –2.7 –5.9
CZ: Manufactured prod. 807 100.1 0.2 –3.6
(C1) Food products. beverages. tobacco 188 106.7 –0.2 –1.5
(C2) Coke and refined petroleum products 53 69.3 3.9 –31.0
(C3) Electrical & electronic equip.. computers. mach. 71 100.7 –0.2 –0.8
(C4) Transport equipment 124 103.8 –0.1 0.2
(C5) Other man. products 371 100.0 0.1 –2.5
Foreign markets
BE:TOTAL INDUSTRY 1000 100.6 0.0 –3.6
(DE) Mining and quarrying. energy. water 32 77.4 –3.4 –17.4
CZ: Manufactured prod. 968 101.4 0.1 –3.2
(C1) Food products. beverages. tobacco 122 112.0 –0.9 –1.8
(C2) Coke and refined petroleum products 26 67.5 5.3 –28.3
(C3) Electrical & electronic equip.. computers. mach. 180 99.1 –0.2 –1.6
(C4) Transport equipment 169 105.3 –0.1 0.5
(C5) Other man. products 471 100.3 0.4 –4.0
All markets
BE:TOTAL INDUSTRY 1000 100.6 –0.3 –3.9
(DE) Mining and quarrying. energy. water 159 103.4 –2.7 –6.3
CZ: Manufactured prod. 841 100.0 0.1 –3.6
(C1) Food products. beverages. tobacco 175 107.6 –0.4 –1.6
(C2) Coke and refined petroleum products 49 68.4 4.1 –30.9
(C3) Electrical & electronic equip.. computers. mach. 85 99.0 –0.2 –1.2
(C4) Transport equipment 123 104.5 0.0 0.3
(C5) Other man. products 409 100.0 0.2 –2.9
  • Source: INSEE

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 Apr.16 In 1 month In 1 year
BE:TOTAL INDUSTRY 1000 93.5 0.0 –7.0
CZ: Manufactured prod. s 97.0 –0.1 –4.4
(C1) Food products, beverages, tobacco 71 111.9 –0.2 –1.1
(C2) Coke and refined petroleum products 53 65.0 2.4 –34.1
(C3) Electrical & electronic equip., computers, mach. 225 95.7 –0.6 –2.3
(C4) Transport equipment 147 97.3 –0.1 –1.4
(C5) Other manufactured products s 99.7 0.0 –3.7
  • r: updated ; nd: non available ; s : confidential
  • Source: INSEE

Tableau3 – Revision of each index at total industry level

Revision of the monthly change (in %)
Revision of each index at total industry level
Jan.16 / Dec.15 Feb.16 / Jan.16 Mar.16 / Feb.16
French producer prices in industry sold on:
- the French market +0.1 0.0 0.0
- the foreign markets +0.1 –0.4 +0.1
- all markets 0.0 0.0 0.0
Import prices of industrial products +0.1 +0.1 –0.2
  • How to read it: the change in the producer prices of industrial products sold on the foreign markets between February 2016 and March 2016 has been revised by 0.1 points: published last month equal to 0.2%, it has been updated to 0.3%.