Year-over-Year Decline in Producer Prices

In a recent revelation by France's National Institute of Statistics and Economic Studies, producer prices within the French industry witnessed a 0.4% decrease in February compared to the previous year. This downturn is part of a broader economic trend, with domestic market producer prices experiencing a more pronounced drop of 1.4% year-over-year.

Monthly Trends Highlight Further Declines

On a monthly comparison, the overall producer prices index saw a reduction of 0.5%, while the domestic market faced a sharper decline of 0.8% in producer inflation. These figures underscore the ongoing challenges within the French industrial sector.

Excluding Energy: A Different Story

When energy prices are factored out, the scenario shifts slightly. Producer prices actually rose by 1.5% year-on-year and saw a modest increase of 0.1% month-on-month, indicating the significant impact of energy costs on the overall producer price index.