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    31.03.2016 09:52 French producer prices decrease 0.5% in February

    French statistical office INSEE released its producer price index (PPI) data on Thursday. French producer prices decreased 0.5% in February, after a 0.9% drop in January. January's figure was revised down from a 0.8% fall.


    The decrease was mainly driven a drop in prices for refined petroleum products.


    On a yearly basis, French PPI fell 4.1% in February.


    The annual drop was driven by a decline in prices for coke and refined petroleum products, which slid 40.1 year-on-year in February.


    Import prices decreased 0.6% in February, after a 1.7% fall in January.

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