French statistical office INSEE released its producer price index (PPI) data on Friday. French producer prices increased 0.3% in March, after a 0.5% drop in February.

The increase was mainly driven a rise in prices for coke and refined petroleum products, which climbed 15.5% in March.

On a yearly basis, French PPI fell 4.0% in March.

The annual drop was driven by a decline in prices for coke and refined petroleum products, which slid 33.3 year-on-year in March.

Import prices rose 1.1% in March, after a 0.6% fall in February.