France Producer Price Inflation MoM

French domestic producer prices decreased 0.6% month-on-month in June 2026, following a revised 0.2% fall in May. Prices of manufactured products dropped 0.6%, after rising 0.1% in the previous month, largely due to a sharper decline in prices of coke and refined petroleum products (-12.0% vs -7.3%) as global oil prices retreated during the month. Price growth also eased in the manufacture of food products, beverages, and tobacco (0.1% vs 0.2%), electrical and electronic equipment, computers, and machinery (0.2% vs 0.3%), and other manufactured products (0.2% vs 0.9%), while prices for transport equipment were unchanged. Prices for mining and quarrying, energy, and water continued to decline, although at a slower pace (-0.7% vs -1.0%). On an annual basis, domestic producer prices increased 2.6% in June, easing from a revised 3.1% rise May, which marked the highest level in three years.

French domestic producer prices fell 0.3% month-on-month in May 2026, following a revised 2.0% decline in April. Prices for mining, quarrying, energy, and water declined 1.2%, moderating from an 11.0% plunge in April as electricity prices fell at a slower pace (-2.7% vs. -22.4%) following April's seasonal decline. Meanwhile, manufactured goods prices were unchanged after a 1.0% increase in April. Prices for coke and refined petroleum products dropped 7.3%, reversing a 7.8% gain as global oil prices declined after easing from their March spike. Costs for other industrial products continued to rise (0.8%), driven by higher plastic product prices, while food prices edged up 0.2%, rebounding from a 0.2% decline. Costs for transport equipment were flat, while electronic and machinery equipment prices rose a modest 0.1%. On a yearly basis, producer prices rose 3.0% in May, accelerating from a 2.3% increase in April and marking the strongest increase since May 2023.

French domestic producer prices fell 2.1% month-on-month in April 2026, reversing a revised 1.9% increase in March and marking the steepest decline since April last year. The drop was largely driven by a sharp decline in prices for mining, quarrying, energy, and water (-10.9% vs 0.7% in March), mainly due to a steep fall in electricity prices (-22.1% vs -0.2%) amid lower wholesale market prices, stronger renewable energy production, and weaker demand linked to mild temperatures. This was partially offset by a pickup in gas prices (6.5% vs 2.4%), attributed to the Middle East conflict. Meanwhile, price growth for manufactured products slowed sharply (0.7% vs 2.3%), as food products, beverages, and tobacco declined (-0.3% vs 0.2%). Prices for coke and refined petroleum products also decelerated markedly (4.1% vs 53.1%), as oil prices eased in April following the March spike. On an annual basis, domestic producer prices jumped 2.1%, the most since June 2023, after being flat in March.