In May this year, producer prices in French industry declined by 0.2 percent month on month, according to the statistics released by France’s National Institute of Statistics and Economic Studies (INSEE). Producer prices for manufactured products in France increased by 0.3 percent in May compared to April and were down 4.3 percent compared to the same month of the previous year.
In May, prices for exported manufactured products decreased by 0.3 percent and prices of exported transport equipment fell by 0.2 percent, both month on month. On year-on-year basis, in May prices of exported manufactured products declined by 1.7 percent, while prices of exported transport equipment saw a 4.8 percent increase.
Meanwhile, import prices for manufactured products in France in May were down by 0.2 percent compared to April and declined by 3.3 percent compared to the same month of 2019.