French domestic producer prices fell by 0.2% month-on-month in February 2026, reversing a 0.5% increase in January and in line with expectations. The decline was driven by a renewed drop in prices for mining, quarrying, energy, and water (-1.7% vs +1.0%), largely due to lower electricity costs amid favorable weather conditions. In contrast, prices for manufactured goods continued to rise (0.4% vs 0.3%), mainly driven by a sharp increase in coke and refined petroleum products (10% vs 0.4%). Excluding energy in the broad sense (hydrocarbons, refined petroleum products, electricity, etc.), producer prices in French industry were virtually stable over the month (+0.1% after +0.4%). On an annual basis, domestic producer prices extended their decline, falling 2.4% in February after a 2.3% drop in January, signaling continued deflationary pressure. Energy-related prices remained the main drag, down 8.5% year-on-year, marking their 27th consecutive monthly decline.