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French statistical office INSEE released its producer price index (PPI) data on Tuesday. French producer prices decreased 0.5% in May, after a 0.4% decline in April.
The decline was driven a fall in prices for mining and quarrying products, energy and water.
On a yearly basis, French PPI fell 1.7% in May.
Import prices rose 0.4% in May, after a 0.6% gain in April.
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