31.03.202607:06:43UTC+00French Producer Prices Fall as Expected

French domestic producer prices fell by 0.2% month-on-month in February 2026, offsetting a 0.5% rise in January and matching market expectations. The decline was chiefly driven by a renewed drop in prices for mining, quarrying, energy, and water (-1.7% vs +1.0%), largely reflecting lower electricity costs amid favorable weather conditions.

By contrast, prices for manufactured goods continued to edge higher (0.4% vs 0.3%), mainly supported by a sharp increase in prices for coke and refined petroleum products (10% vs 0.4%). Excluding energy in the broad sense (hydrocarbons, refined petroleum products, electricity, etc.), producer prices in French industry were virtually flat over the month (+0.1% after +0.4%).

On an annual basis, domestic producer prices extended their decline, falling 2.4% in February after a 2.3% drop in January, underscoring persistent deflationary pressures. Energy-related prices remained the principal drag, down 8.5% year-on-year and marking their 27th consecutive monthly decrease.