French domestic producer prices rose 1.1% month-over-month in November 2025, after stalling in the previous period. This marks the highest increase since November 2024, driven by a surge in prices for mining and quarrying products, energy, and water (+3.7% vs -0.5% in October), due to the switch to winter electricity transmission rates. Costs for manufactured products also rebounded (+0.3% vs -0.1%), primarily attributed to a sharp rise in coke and refined petroleum products (6.3% vs -2.8%). On an annual basis, the decline in producer prices intensified, dropping 3.3%, the largest fall since December 2024, compared with a 0.8% fall in October. Excluding energy in the broad sense (hydrocarbons, refined petroleum products, electricity, etc.), producer prices in French industry rose 0.1% month-on-month after remaining stable in October, and increased 0.4% year-on-year.