French Producer Prices Rise In April

(RTTNews) - France's producer prices increased in April after a rebound in March, the statistical office INSEE said Thursday.

Producer prices declined 2.1 percent on a monthly basis in April, following a 1.9 percent rise in March.

Prices for mining and quarrying products, energy and water declined sharply by 10.9 percent after a 0.7 percent increase. Meanwhile, prices for manufactured products gained 0.7 percent, slower than the 2.3 percent rise in the previous month.

On a yearly basis, producer prices increased 2.1 percent in April after remaining flat in March, data showed.