French Producer Inflation Sharply Slows
2026-01-30 08:09
By
Kyrie Dichosa
1 min. read
French domestic producer prices rose 0.2% month-on-month in December 2025, slowing sharply from an upwardly revised 2.8% surge in November.
The moderation was driven by weaker prices in extractive industries, energy, and water (+2.9% vs +10.8% in November), while prices for manufactured goods declined (–0.6% vs +0.5%).
Costs also fell sharply for coke and refined petroleum products (–13.1% vs +7.8%), whereas prices for food products increased slightly (+0.1% vs –0.2%).
On an annual basis, the decline in French domestic producer prices dropped 2.0%, the largest fall since January, and picking up from a revised 1.5% decline in November.
Excluding energy in the broadest sense (hydrocarbons, coking and refining products, electricity, etc.), French industrial production prices are stable month-on-month after a 0.1% gain in November, and continue to increase year-on-year (0.4% vs 0.5%).