Informations rapides
30 April 2019
2019- n° 113
In March 2019, producer prices in industry were virtually stable (–0.1%) Industrial Producer and Import Price Indices - March 2019

On all markets (French market and foreign markets), producer prices in industry were virtually stable in March 2019 (–0.1% after +0.2% in February 2019). Year on year, they slowed down slightly (+1.6% after +1.8%).

Informations rapides
No 113
Paru le :Paru le30/04/2019
Prochaine parution le : 31/05/2024 at 08:45 - April 2024
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Producer prices in French industry: –0,1% in March 2019

On all markets (French market and foreign markets), producer prices in industry were virtually stable in March 2019 (–0.1% after +0.2% in February 2019). Year on year, they slowed down slightly (+1.6% after +1.8%).

Total Industry price indices

Total Industry price indices
PPI for domestic market PPI for foreign markets PPI for all markets Import prices
2015-01 100.0 98.9 99.8 99.4
2015-02 101.0 100.1 100.8 101.0
2015-03 101.1 100.6 101.0 101.6
2015-04 100.8 101.1 100.9 102.2
2015-05 100.4 100.6 100.4 102.5
2015-06 100.5 100.7 100.6 102.0
2015-07 100.3 100.9 100.5 100.8
2015-08 99.2 99.8 99.4 99.3
2015-09 99.2 99.4 99.3 98.6
2015-10 99.4 99.5 99.4 98.1
2015-11 99.5 99.6 99.5 98.2
2015-12 98.4 98.9 98.5 96.5
2016-01 97.3 98.2 97.5 94.7
2016-02 96.9 97.2 96.9 94.1
2016-03 97.1 97.4 97.2 95.0
2016-04 96.5 97.4 96.7 95.0
2016-05 97.0 97.7 97.1 95.9
2016-06 97.4 98.0 97.5 96.4
2016-07 97.5 97.9 97.6 96.4
2016-08 97.4 97.9 97.5 96.2
2016-09 97.7 98.2 97.8 96.5
2016-10 98.4 98.9 98.5 97.5
2016-11 99.0 99.3 99.1 97.5
2016-12 99.8 100.2 99.9 99.1
2017-01 100.7 101.7 100.9 99.7
2017-02 100.5 100.9 100.6 100.0
2017-03 100.0 100.4 100.1 99.7
2017-04 99.7 100.4 99.8 99.6
2017-05 99.1 100.1 99.3 98.8
2017-06 98.8 99.4 99.0 97.9
2017-07 98.9 99.2 98.9 97.6
2017-08 99.4 99.1 99.3 98.2
2017-09 99.8 99.6 99.7 99.0
2017-10 100.0 100.2 100.1 99.4
2017-11 101.7 101.1 101.5 100.2
2017-12 102.0 100.9 101.7 100.2
2018-01 102.0 100.3 101.5 100.4
2018-02 102.0 100.6 101.7 99.9
2018-03 102.2 100.7 101.8 100.1
2018-04 101.4 100.6 101.2 100.6
2018-05 102.1 101.3 101.8 102.0
2018-06 102.1 102.0 102.1 102.4
2018-07 102.7 102.2 102.6 102.7
2018-08 103.1 102.3 102.9 102.8
2018-09 103.6 102.5 103.3 103.6
2018-10 103.9 103.0 103.7 104.6
2018-11 104.4 102.5 103.9 102.8
2018-12 103.4 101.8 103.0 101.1
2019-01 103.7 102.4 103.3 101.1
2019-02 104.1 101.8 103.5 101.9
2019-03 104.1 101.7 103.4 102.0

Total Industry price indices

  • Source: INSEE.

FRENCH MARKET: stability in March 2019

In March 2019, French producer prices in industry for the French market were stable (after +0.4% in February). The decline in prices of mining and quarrying products, energy and water was offset by the rise of manufactured product prices (+0.3% after +0.5%). Year on year, French producer prices in industry for the French market grew by 1.9% (after +2.1%).

Fall in prices of mining and quarrying products, energy and water

The prices of mining and quarrying products, energy and water declined by 1.0% in March 2019 (after –0.1% in February). Electricity production and trade prices fell back (–1.8% after +0.2%), especially those on the wholesale market. Gas selling prices decreased for four months in a row (–2.9% after –3.8%). On the contrary, the prices of waste collection, treatment and disposal services and material recovery services bounced back (+1.0% after –0.3%), especially those of sorted material recovery services and secondary raw materials (+2.2%). Year on year, the prices of mining and quarrying products, energy and water slowed down (+3.7% after +4.5%).

Further rise in prices of refined petroleum products

In the wake of oil prices, the prices of refined petroleum products increased again in March 2019 but at a more reduced pace (+3.8% after +8.6%). Year on year, they sped up slightly (+10.8% after +8.8% in February).

Producer price indices of coke and refined petroleum products sold on the French market

Producer price indices of coke and refined petroleum products sold on the French market
Producer price indices of coke and refined petroleum products sold on the French market
2015-01 91.2
2015-02 106.6
2015-03 110.2
2015-04 113.8
2015-05 117.9
2015-06 115.6
2015-07 107.6
2015-08 92.8
2015-09 91.3
2015-10 89.1
2015-11 89.4
2015-12 74.5
2016-01 65.9
2016-02 65.6
2016-03 75.5
2016-04 78.5
2016-05 88.1
2016-06 91.9
2016-07 85.3
2016-08 85.2
2016-09 87.6
2016-10 97.0
2016-11 91.7
2016-12 105.7
2017-01 107.1
2017-02 108.1
2017-03 101.4
2017-04 104.7
2017-05 97.1
2017-06 89.7
2017-07 92.1
2017-08 95.1
2017-09 101.8
2017-10 103.2
2017-11 111.1
2017-12 110.9
2018-01 116.1
2018-02 109.2
2018-03 111.3
2018-04 121.8
2018-05 132.1
2018-06 130.2
2018-07 131.4
2018-08 133.2
2018-09 136.5
2018-10 142.7
2018-11 125.8
2018-12 109.3
2019-01 109.4
2019-02 118.8
2019-03 123.3

Producer price indices of coke and refined petroleum products sold on the French market

  • Source: INSEE.

Slight rise in prices of “other industrial products”

The prices of “other industrial products” increased by 0.2% in March 2019 after remaining virtually stable in January and February. Chemical product prices grew again (+0.7% after +0.3%), in the wake of oil prices. Following the world raw material prices, fabricated metal product prices recovered (+0,4%) after declining for eight months in a raw. Year on year, the prices of “other industrial products” grew by 0.9% like in February.

Virtual stability in food and beverage prices

In March 2019, food and beverage prices were virtually stable (–0.1%), after being stable in February, with contrasting trends. Processed and preserved meat prices grew sharply (+1.4% after +0.2%) owing to pork market tightening, just like those of dairy and cheese products (+0.6% after –0.2%). On the contrary sugar prices plunged (–9.1% after –0.4%) following world exchange rates. The prices of bread, fresh pastry goods and cakes declined again (–0.7% after –0.3%). Year on year, food and beverage prices slowed down (+0.6% after +1.0%).

Slight rise in transport equipment prices

In March 2019, transport equipment prices grew by 0.2% (after +0.1%), especially those of motor vehicles (+0.3% after +0.2%). Year on year, they increased by 0.5% (after +0.4%).

Producer price indices of manufactured products sold on the French market

Producer price indices of manufactured products sold on the French market
C3 C5 C1 C4
2015-01 100.2 100.0 99.8 99.9
2015-02 100.2 99.9 99.9 99.9
2015-03 100.2 100.2 99.8 99.9
2015-04 100.2 100.6 99.9 99.9
2015-05 100.0 100.8 99.9 99.9
2015-06 100.0 100.8 99.9 99.8
2015-07 100.0 100.8 100.2 99.8
2015-08 99.6 100.2 100.5 100.0
2015-09 99.7 99.6 100.3 100.1
2015-10 100.0 99.2 100.2 100.3
2015-11 100.0 99.0 99.9 100.4
2015-12 99.9 98.8 99.7 100.1
2016-01 99.7 98.4 99.3 100.2
2016-02 99.5 98.1 99.1 100.1
2016-03 99.7 97.9 98.6 100.1
2016-04 99.6 98.0 98.5 100.1
2016-05 99.6 98.3 98.4 100.1
2016-06 99.9 98.6 98.5 100.0
2016-07 99.6 98.6 98.9 100.0
2016-08 99.7 98.5 98.8 99.9
2016-09 99.7 98.5 98.8 99.9
2016-10 99.6 98.7 99.1 100.0
2016-11 99.5 98.8 99.2 100.0
2016-12 99.4 99.0 99.2 100.1
2017-01 100.1 99.6 99.2 100.1
2017-02 99.9 100.1 99.6 100.1
2017-03 100.0 100.4 99.8 100.1
2017-04 99.9 100.7 100.1 100.2
2017-05 99.8 100.8 100.1 100.3
2017-06 99.9 100.7 100.4 100.3
2017-07 99.8 100.4 100.4 100.3
2017-08 99.7 100.5 100.6 100.4
2017-09 99.7 100.7 100.5 100.4
2017-10 99.8 101.0 100.4 100.4
2017-11 100.0 100.9 100.3 100.6
2017-12 100.1 101.1 100.4 100.6
2018-01 100.7 101.6 100.0 100.5
2018-02 100.3 101.9 100.1 100.5
2018-03 100.5 102.1 100.4 100.6
2018-04 100.6 102.2 100.1 100.6
2018-05 100.8 102.7 100.2 100.5
2018-06 100.9 102.8 100.1 100.6
2018-07 100.7 102.9 100.4 100.6
2018-08 100.9 103.0 100.6 100.6
2018-09 100.9 103.1 100.7 100.5
2018-10 100.8 103.0 100.7 100.7
2018-11 101.0 102.9 101.1 100.9
2018-12 101.0 102.6 101.4 101.0
2019-01 101.4 102.7 101.1 100.8
2019-02 101.3 102.8 101.1 100.9
2019-03 101.3 103.0 101.0 101.1

Producer price indices of manufactured products sold on the French market

  • Source: INSEE.

FOREIGN MARKETS: –0.1%

In March 2019, the producer prices of French industrial products on foreign markets were virtually stable (–0.1% after –0.6%). The rise in manufactured product prices (+0.2%) was offset by the sharp fall in electricity selling prices. Refined petroleum product export prices went up in March 2019 (+3.4%), in the wake of oil prices, and sped up sharply year on year (+10.4% after +6.9%). The export prices of “other industrial products” remained virtually stable (+0.1% after –0.1%) and grew by 0.6% in a year (+0.7% in February). The export prices of fabricated metal products bounced back (+0.4%) after being down for three months in a raw, just like those of chemical products (+0.2% after –0.2%) following the raw material prices. On the contrary pharmaceutical product export prices decreased slightly (–0.2% after –0.1% in February). Food and beverage export prices grew by 0.3% in a month (after –0.1%) and 1.9% in a year (after +1.7%). Year on year, export prices of industrial products slowed down (+1.0% after +1.2%).

French Producer Price Indices in industry according to the market where the products are sold

reference year: 2015
French Producer Price Indices in industry according to the market where the products are sold (reference year: 2015)
Change in %
Levels A 10 and A 17 in CPF rev. 2, 2008 Weight March 19 In 1 month In 1 year
French market
BE:TOTAL INDUSTRY 1000 104.1 0.0 1.9
(DE) Mining and quarrying, energy, water 221 108.0 -1.0 3.7
CZ: Manufactured products 779 103.0 0.3 1.3
   (C1) Food products, beverages, tobacco 201 101.0 -0.1 0.6
   (C2) Coke and refined petroleum products 42 123.3 3.8 10.8
   (C3) Electrical & electronic equip., computers, mach. 74 101.3 0.0 0.8
   (C4) Transport equipment 94 101.1 0.2 0.5
   (C5) Other manufactured products 368 103.0 0.2 0.9
Foreign markets
BE:TOTAL INDUSTRY 1000 101.7 -0.1 1.0
CZ: Manufactured products 981 101.7 0.2 1.5
   (C1) Food products, beverages, tobacco 104 101.1 0.3 1.9
   (C2) Coke and refined petroleum products 28 116.7 3.4 10.4
   (C3) Electrical & electronic equip., computers, mach. 136 100.6 0.1 1.3
   C4) Transport equipment 293 102.5 0.2 2.1
   (C5) Other manufactured products 420 100.9 0.1 0.6
All markets
BE:TOTAL INDUSTRY 1000 103.4 -0.1 1.6
CZ: Manufactured products 839 102.7 0.3 1.4
   (C1) Food products, beverages, tobacco 172 101.1 0.0 0.9
   (C2) Coke and refined petroleum products 38 121.5 3.8 10.8
   (C3) Electrical & electronic equip., computers, mach. 93 101.0 0.1 1.0
   (C4) Transport equipment 153 101.7 0.2 1.2
   (C5) Other manufactured products 383 102.4 0.2 0.9
  • Source: INSEE.

Import price indices of industrial products: +0.1% in March 2019

In March 2019, the import prices of industrial products were virtually stable (+0.1% after +0.8%). The prices of mining and quarrying products, energy and water fell back: the rise in crude petroleum import prices was not offset by the sharp falls in gas and electricity import prices. Manufactured import prices remained growing by 0.4% and sped up slightly year on year (+1.6% after +1.4%). In the wake of oil prices, import prices of coke and refined petroleum products increased (+2.4%) and rose by 11.0% year on year (after +10.9%). Transport equipment import prices grew by 0.5% (after +0.2%), especially those of motor vehicles accessories (+2,3% after –0,2%). Import prices of electrical and electronic equipments, computers and machines rose by 0.3% after remaining stable for three months in a raw and increased by 1.3% year in year. The import prices of “other industrial products” remained virtually stable in March 2019 (+0.1% like in February). Following the raw material prices, chemical product prices remained up (+0.7 after +1.1%), like those of basic metals (+0.7 after +1.2%). On the contrary, wearing apparel import prices remained low (–0.8% like in February). Beverage and tobacco import prices were virtually stable in March 2019 (+0.1% after –0.2%), in spite of the growth in tobacco products prices (+1.9%), and slowed down year on year (+0.9% after +1.4%). Year on year, the import prices of industrial products remained dynamic (+1.9% after +2.0%).

Import prices of industrial products

reference year: 2015
Import prices of industrial products (reference year: 2015)
Change in %
Levels A 10 and A 17 in CPF rev. 2, 2008 Weight March 19 In 1 month In 1 year
BE:TOTAL INDUSTRY 1000 102.0 0.1 1.9
CZ: Manufactured products s 101.3 0.4 1.6
   (C1) Food products, beverages, tobacco 73 103.1 0.1 0.9
   (C2) Coke and refined petroleum products 38 119.6 2.4 11.0
   (C3) Electrical & electronic equip., computers, mach. 220 98.9 0.3 1.3
   (C4) Transport equipment 187 100.6 0.5 1.5
   (C5) Other manufactured products s 100.7 0.1 0.9
  • s : confidential
  • Source: INSEE.

Revision of variations

In %
Revision of variations (In %)
Dec.18 / Nov.18 Jan.19 / Dec.18 Feb.19 / Jan.19
French producer prices in industry sold on:
   - the French market // // //
   - the foreign markets +0.1 // //
   - all markets // -0.1 +0.2
Import prices of industrial products -0.1 +0.1 +0.1
  • (1) How to read it: the variation of the producer price index in industry for products sold on the French Market between January 2019 and February 2019 is unchanged: +0.4% as it was published in March.

For further information

Next publication: 29 May 2019 at 8.45 a.m.

Documentation

Producer and Import Price Index in Industry

Aggregated classification - NA, 2008

French classification of products - CPF Rev. 2.1, 2015

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