In June 2016, producer prices in industry rose anew (+0.4%)Industrial Producer and Import Price Indices - June 2016

On all markets (French market and foreign markets), producer prices rose by 0.4% in June as in May. Prices grew or were virtually stable for all main industrial sectors. Year over year, prices decreased by 3.0%.

Informations rapides
No 198
Paru le : 27/07/2016
Prochaine parution le : 30/11/2017 at 08:45 - October 2017

Producer prices in French industry: +0.4% in June

On all markets (French market and foreign markets), producer prices rose by 0.4% in June as in May. Prices grew or were virtually stable for all main industrial sectors. Year over year, prices decreased by 3.0%.

FRENCH MARKET: +0.4%

In June 2016 as in May, French producer prices in industry for the French market advanced by 0.4%, driven up by prices for refined petroleum products and other energy products.

Prices for refined petroleum products increased

In June, prices for refined petroleum products increased (+4.4%) but less strongly than in May (+12.3%), as prices for crude oil. Prices for gas oil and heating oil expanded whereas those for super unleaded fuels were stable or fell slightly. However, year over year, prices for refined petroleum products declined by 20.4%.

Prices for other energy products rebounded

In June, prices for mining and quarrying products, energy and water edged up (+0.9%) after six consecutive month of fall or stability. The rise was mainly due to the increase in prices on the international wholesale electricity and gas markets.

Stability in food prices

In June, food prices were unchanged after virtual stability in May (−0.1%). By products, prices monthly evolutions ranged from +1.3% for prepared and preserved fish to −0.9% for other processed and preserved fruit and vegetables.

Slight rise in prices for other industrial products

Prices for other industrial products advanced slightly in June (+0.2%) as in May. The main rise concerned basic metals and metallic products, linked with the recovery in ferrous and non-ferrous metal prices. Conversely, prices for textile and chemical products decreased. Prices for others products of this sector were stable or near stable, except those for other manufactured products which grew moderately (+0.2%).

FOREIGN MARKETS: +0.3%

Producer prices of French industrial products sold on foreign markets expanded in June (+0.3% after +0.4%), mainly driven up by the increase in prices on the international wholesale electricity market after the historically low levels in April and May. Year over year, prices decreased by 2.8%, especially those for refined petroleum products (−17.3%) and for other industrial products (–3.8%).

Import price indices of industrial products: +0.6% in June

In June, import prices of industrial products expanded (+0.6%) but less strongly than in May (+1.0%), driven by prices for refined petroleum products and, in a lesser extand, by foods products.

Graphique1_EN – Total Industry price indices

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

  • Source: INSEE

Graphique3_EN – Import price indices of manufactured products

  • 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 Jun.16 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 102.0 0.4 –3.1
(DE) Mining and quarrying, energy, water 193 104.5 0.9 –4.0
CZ: Manufactured prod. 807 101.0 0.3 –2.9
(C1) Food products, beverages, tobacco 188 106.7 0.0 –1.5
(C2) Coke and refined petroleum products 53 81.2 4.4 –20.4
(C3) Electrical & electronic equip., computers, mach. 71 101.2 0.3 –0.1
(C4) Transport equipment 124 103.7 –0.1 0.2
(C5) Other man. products 371 100.3 0.2 –2.4
Foreign markets
BE:TOTAL INDUSTRY 1000 101.0 0.3 –2.8
(DE) Mining and quarrying, energy, water 32 81.4 3.8 –7.2
CZ: Manufactured prod. 968 101.8 0.2 –2.7
(C1) Food products, beverages, tobacco 122 111.5 0.1 –2.4
(C2) Coke and refined petroleum products 26 77.7 2.2 –17.3
(C3) Electrical & electronic equip., computers, mach. 180 99.1 0.1 –1.0
(C4) Transport equipment 169 105.4 0.0 0.6
(C5) Other man. products 471 100.3 0.2 –3.8
All markets
BE:TOTAL INDUSTRY 1000 101.2 0.4 –3.0
(DE) Mining and quarrying, energy, water 159 103.4 1.0 –4.1
CZ: Manufactured prod. 841 100.8 0.3 –2.9
(C1) Food products, beverages, tobacco 175 107.6 0.0 –1.6
(C2) Coke and refined petroleum products 49 80.0 4.0 –20.3
(C3) Electrical & electronic equip., computers, mach. 85 99.3 0.2 –0.5
(C4) Transport equipment 123 104.4 –0.1 0.3
(C5) Other man. products 409 100.2 0.2 –2.8
  • 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 Jun.16 In 1 month In 1 year
BE:TOTAL INDUSTRY 1000 95.0 0.6 –5.3
CZ: Manufactured prod. s 97.8 0.4 –3.5
(C1) Food products, beverages, tobacco 71 112.9 0.8 –0.2
(C2) Coke and refined petroleum products 53 76.3 4.5 –22.0
(C3) Electrical & electronic equip., computers, mach. 225 95.7 0.1 –1.8
(C4) Transport equipment 147 97.2 –0.1 –1.4
(C5) Other manufactured products s 100.0 0.3 –3.4
  • 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
Mar.16 / Feb.16 Apr.16 / Mar.16 June 16 / Apr.16
French producer prices in industry sold on:
- the French market +0.2 –0.2 +0.1
- the foreign markets // –0.1 +0.1
- all markets +0.1 –0.2 +0.1
Import prices of industrial products // // //
  • (1) Reading note: the change of the index on French market between Avr.16 and Mai 16 has been revised by 0,1 point: published at the end of June equal to +0,3%, it has been updated to +0,4%.