FX.co ★ French Producer Prices Slip in February, Ending Previous Month’s Gains

France’s producer prices turned negative in February 2026, signaling a mild easing of cost pressures at the factory gate after a modest rise at the start of the year. According to the latest data updated on 31 March 2026, the country’s Producer Price Index (PPI) fell by 0.2% month-over-month, reversing a 0.5% increase recorded in January 2026.

The shift from January’s positive reading to a February decline suggests that input and wholesale price momentum is softening. On a month-over-month basis, the current figure reflects the change from January to February, while the previous reading captured the change from December to January. This moderation in producer prices could, over time, feed into consumer price dynamics and influence expectations around the trajectory of inflation and corporate margins in France.