FX.co ★ French Producer Prices Slide Further in January, Deepening Year‑on‑Year Decline

France’s producer price index (PPI) fell more sharply in January 2026, underscoring persistent disinflationary pressures at the factory gate. Year-over-year, PPI declined by 2.30% in January, compared with a 1.90% drop in December 2025.

The figures, updated on 27 February 2026, show that the annual decline in producer prices has accelerated, indicating that cost pressures for French producers continued to ease at the start of the year. The “actual” reading for January reflects the change versus January a year earlier, while the “previous” figure captures December’s year-over-year move. This deepening negative trend in PPI may feed into weaker pipeline inflation, with potential implications for corporate margins and future consumer price dynamics in France.