Thursday, the French statistical office INSEE said industrial producer prices declined 0.4% month-on-month in September after falling 0.5% in August. The decrease was quicker than a 0.2% fall predicted.
On an annual basis, the producer price index rose at a slower pace of 6.1%, compared with 6.9% increase recorded in the prior month. The annual growth eased more than the expected 6.4%.
The statistical office said producer prices eased mainly due to a decrease in energy prices.
Further, the official report showed that industrial import prices fell 0.4% month-on-month in September. On an annual basis, the import price index rose 3.9%.
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