French statistical office INSEE released its producer price index (PPI) data on Friday. French producer prices decreased 0.8% in January, after a 1.2% drop in December.
The increase was driven a rise in prices for refined petroleum products, mining and quarrying industry, energy, water, and food products.
On a yearly basis, French PPI fell 2.5% in January.
The annual drop was driven by a decline in prices for refined petroleum products, which slid 27.9 year-on-year in January.
Import prices decreased 1.6% in January, after a 1.7% fall in December.
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