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French Producer Prices MoM for November rise to 3.5% (Prev. 2.9%) | Forexlive


In November 2021, the French industrial producer prices accelerated again: +3.0% over a month and +16.3% over a year

Key Points:

:: Producer prices in the French industry: +3.0%

:: Home Market: +3.5%

:: New strong rise of prices of mining and quarrying products, energy and water

:: Persistent rise of prices of the “other industrial products”

:: Acceleration of food and beverage prices

:: Slight backlash of refined petroleum product prices

French PPI

Full report

This is worth flagging:

“In the wake of crude oil prices, the prices of refined petroleum fell back slightly over a month in November 2021 (–1.7% after +15.0%)”

One of the first showings of the drop in energy prices causing a deflationary drag.



Read More : French Producer Prices MoM for November rise to 3.5% (Prev. 2.9%) | Forexlive

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