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French statistical office INSEE released its producer price index (PPI) data on Wednesday. French producer prices decreased 0.9% in August, after a 0.1% decline in July.
The decline was driven a fall in prices for refined petroleum products, which were down 12.5% in August.
On a yearly basis, French PPI fell 2.1% in August, after a 1.6% drop in July.
Import prices plunged 1.5% in August, after a 1.1% fall in July.
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