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French October producer prices fall 0.2 percent month on month

Published 28/11/2014, 09:48
© Reuters. Employees work using a coal oven at the Rivierre plant, the last remaining nails factory in operation in France, in Creil

PARIS (Reuters) - French producer prices fell by 0.2 percent month-on-month in October, data published by the INSEE official statistics office showed, adding to evidence that inflation pressures are largely absent in the euro zone's second-largest economy.

© Reuters. Employees work using a coal oven at the Rivierre plant, the last remaining nails factory in operation in France, in Creil

The data covers the prices of goods leaving French factories for the domestic market, excluding sales tax. Prices fell by 1.4 percent year-on-year in October.

(Reporting by Ingrid Melander)

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