FX.co ★ French Producer Price Index (PPI) Drops Further in February 2024

The latest data released by France's National Institute of Statistics and Economic Studies (INSEE) reveals that the French Producer Price Index (PPI) continued its downward trend in February 2024. The PPI fell by 1.7% in February, worsening from the previous month's decline of 1%. This marks a significant decrease in producer prices within the French economy.

The comparison analysis provided by the data showed that the month-over-month change in the PPI has worsened, indicating a continued downward trend in industrial prices in France. The updated figures, released on 29 March 2024, reflect the ongoing challenges faced by producers in the country as they navigate economic uncertainties and supply chain disruptions. The drop in the PPI could have implications for inflation and overall economic performance in France in the coming months.