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- France producer prices accelerated the pace of decline in September
France producer prices accelerated the pace of decline in September
According to the report from Statistical office Insee, France's producer prices declined at a faster pace in September.
Producer prices in domestic market fell 1 percent annually following a 0.6 percent drop. In overall market, prices were down 0.7 percent.
The decline was largely driven by a 11 percent decrease in coke and refined petroleum product prices and a 1.5 percent drop in mining and quarrying.
Month-on-month, producer prices in domestic market rose marginally by 0.1 percent, after staying flat in August. In the overall French and foreign markets, producer prices advanced 0.3 percent in contrast to a 0.1 percent drop in August.
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