In August 2016, producer prices in industry were stableIndustrial Producer and Import Price Indices - August 2016

On all markets (French market and foreign markets), producer prices in industry were stable (after -0.1% in July and +0.4% in June). Year over year, they remained declining (-1.9%).

Informations rapides
No 257
Paru le : 30/09/2016
Prochaine parution le : 29/09/2017 at 08:45 - August 2017

Producer prices in French industry: 0.0% in August

On all markets (French market and foreign markets), producer prices in industry were stable (after −0.1% in July and +0.4% in June). Year over year, they remained declining (−1.9%).

FRENCH MARKET: 0.0%

In August 2016, French producer prices in industry for the French market barely moved (between −0.1% and +0.1%) in all major industrial sectors.

Virtual stability in prices for refined petroleum products

In August, prices for refined petroleum products were overall unchanged (−0.1% after −7.2%) despite the slight rebound in prices for crude oil. The sharp decrease in prices for kerosene and jet fuels, and the more moderate one for super unleaded fuels, offset the increase in prices for liquefied butane and propane. Year over year, prices for refined petroleum products declined again (−8.2%) but significantly less than in July (−20,7% year over year).

Virtual stability in prices for other energy products

In August, prices for mining and quarrying products, energy and water were slack (+0.1% after +0.8%), despite the slight rise in gas price. Year over year, prices fell again (−3.5%).

Virtual stability in food prices

In August, food prices were virtually stable (−0.1%) after two monthly increases. By product, the variations ranged from +0.7% in prepared feeds for animals to −1.4% in prepared and preserved fish. Year over year, food prices remained declining (−1.7%).

Stability in prices for “other industrial products”

Prices for “other industrial products” were stable in August (after +0.1% in July and +0.3% in June). Prices for chemical products continued to decline, reflecting the past decreases in oil price. On the contrary, prices for basic metals and metallic products continued to grow, driven up by the rise in prices of iron and zinc. Prices for medicinal products also increased. Prices for other products of this sector were almost unchanged.

FOREIGN MARKETS: −0.1%

Producer prices of French industrial products sold on foreign markets remained virtually stable (−0.1% in August as in July). The decrease in prices for refined petroleum products (−1.2%) offset the rise in prices for mining and quarrying products, energy and water (+0.6%). In other sectors, prices were stable or virtually stable.

Import price indices of industrial products: −0.1% in August

In August, import prices of industrial products were also virtually stable (−0.1% after 0.0%) despite the rise in prices for refined petroleum products (+1.1%). They remain lower than a year before but this fall eased (−2.9% after −4.2%)

Graphique1_EN – Total Industry price indices

  • Source: INSEE

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 Aug.16 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 101.9 0.0 –2.0
(DE) Mining and quarrying, energy, water 193 104.9 0.1 –3.5
CZ: Manufactured prod. 807 100.7 –0.1 –1.7
(C1) Food products, beverages, tobacco 188 107.0 –0.1 –1.7
(C2) Coke and refined petroleum products 53 75.2 –0.1 –8.2
(C3) Electrical & electronic equip., computers, mach. 71 101.1 0.1 0.1
(C4) Transport equipment 124 103.8 0.1 0.1
(C5) Other man. products 371 100.5 0.0 –1.6
Foreign markets
BE:TOTAL INDUSTRY 1000 100.8 –0.1 –2.1
(DE) Mining and quarrying, energy, water 32 79.9 0.6 –8.9
CZ: Manufactured prod. 968 101.6 –0.1 –1.8
(C1) Food products, beverages, tobacco 122 111.9 –0.2 –2.1
(C2) Coke and refined petroleum products 26 74.0 –1.2 –6.6
(C3) Electrical & electronic equip., computers, mach. 180 98.9 –0.1 –1.2
(C4) Transport equipment 169 105.1 0.0 0.3
(C5) Other man. products 471 100.3 –0.1 –2.6
All markets
BE:TOTAL INDUSTRY 1000 101.1 0.0 –1.9
(DE) Mining and quarrying, energy, water 159 103.7 0.1 –3.7
CZ: Manufactured prod. 841 100.6 0.0 –1.7
(C1) Food products, beverages, tobacco 175 107.9 –0.1 –1.8
(C2) Coke and refined petroleum products 49 74.4 –0.3 –8.1
(C3) Electrical & electronic equip., computers, mach. 85 99.2 0.1 –0.4
(C4) Transport equipment 123 104.4 0.1 0.2
(C5) Other man. products 409 100.3 –0.1 –2.0

    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 Aug.16 In 1 month In 1 year
    BE:TOTAL INDUSTRY 1000 94.8 –0.1 –2.9
    CZ: Manufactured prod. s 97.7 0.0 –2.2
    (C1) Food products, beverages, tobacco 71 113.6 0.2 1.0
    (C2) Coke and refined petroleum products 53 70.4 1.1 –11.4
    (C3) Electrical & electronic equip., computers, mach. 225 95.5 –0.2 –1.7
    (C4) Transport equipment 147 97.4 0.0 –1.2
    (C5) Other manufactured products s 100.4 –0.1 –2.4
    • 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
    May 16 / Apr.16 Jun.16 / May 16 Jul.16 / Jun.16
    French producer prices in industry sold on:
    - the French market // // –0..1
    - the foreign markets –0..1 +0..2 //
    - all markets // // //
    Import prices of industrial products // // +0..1
    • (1) How to read it: the change of the index for French producer prices in industry for products sold on the French market between June 16 and July.16 has been revised by −0.1 points: published last month equal to 0%, it has been updated to −0.1%.