In May this year, producer prices in French industry were down by 1.4 percent month on month and up by 3.4 percent year on year, according to the statistics released by France’s National Institute of Statistics and Economic Studies (INSEE). Producer prices for manufactured products in France decreased by one percent in May compared to April and rose by 1.2 percent year on year.
In the given month, prices for exported manufactured products dropped by 0.6 and prices of exported transport equipment increased by 0.4 percent, both month on month. On year-on-year basis, in May prices of exported manufactured products moved up by 0.2 percent, while prices of exported transport equipment saw a 3.8 percent increase.
Meanwhile, import prices for manufactured products in France in May fell by 0.8 percent compared to April and by 2.5 percent compared to the same month of 2022.