France-Fall in producer prices in February-Insee – 03/29/2024 at 08:45


Producer prices on the French market fell again in February, according to data published Friday by INSEE.

Prices fell 1.7% month-on-month in February after a decline of 1.0% (revised) in January.

The prices of extractive industry products, energy and water are falling sharply due to the fall in electricity prices, explains INSEE in a press release.

On the other hand, those of food and drink products are almost stable after four months of decline.

Prices over one year fell by 5.5% in February after a drop of 4.9% (revised) in January.

(Writing by Federica Mileo and Alban Kacher, editing by Kate Entringer)



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