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    29.01.2016 11:08 French producer prices decrease 1.2% in December

    French statistical office INSEE released its producer price index (PPI) data on Friday. French producer prices decreased 1.2% in December, after a 0.2% rise in November.

     

    The increase was driven a rise in prices for mining and quarrying products, energy and water, and in manufactured industry.

     

    On a yearly basis, French PPI fell 2.8% in December.

     

    The annual drop was driven by a decline in prices for coke and refined petroleum products, which slid 28.8 year-on-year in December.

     

    Import prices decreased 1.7% in December, after a 0.1% increase in November.


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