Industry in France
France - Industry
Industrial output shrinks at the fastest pace ever recorded in March
Seasonally- and working-day-adjusted industrial production fell 16.2% over the previous month in March, contrasting February’s 0.8% increase and marking the sharpest rate of contraction in the index’s history. All sub-components shrank dramatically as a result of the lockdown measures enacted by the government to curtail the spread of Covid-19.
Similarly, on an annual basis, industrial production dropped 17.3% (February: -1.7% year-on-year), while the annual average variation in industrial output logged minus 1.7%, down from February’s minus 0.3%.
FocusEconomics Consensus Forecast panelists expect industrial output to contract 8.7% in 2020, which is down 2.9 percentage points from last month’s forecast. For 2021, panelists expect industrial output growth at 4.9%.
France - Industry Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 1.5 | 0.6 | 2.4 | 0.4 | 0.4 |
France Industry Chart
Source: National Institute of Statistics and FocusEconomics calculations.
France Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.08 | 0.46 % | Jan 01 |
| Exchange Rate | 1.12 | 0.65 % | Dec 31 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
-
France: Consumer confidence falls and remains pessimistic in January
January 27, 2023
Consumer confidence fell to 80.0 in January from December's 81.0, meaning the index remained below the 100-threshold, indicating pessimism among consumers. The slightly lower print was driven by households’ worsened appraisals of their personal situations: Households’ sentiment regarding their past and future financial situations worsened, as well as that regarding current and future saving opportunities.
-
France: Business confidence among manufacturing firms increases in January
January 24, 2023
Business confidence among manufacturing firms rose to 103.1 in January from December's 102.1.
-
France: Composite PMI falls further below 50-threshold in January
January 24, 2023
The S&P Global Flash Composite Purchasing Managers’ Index (PMI) came in at 49.0 in January, down from December's 49.1, marking its third straight month in contractionary territory.
-
France: Inflation declines to lowest level since September in December
January 13, 2023
Harmonized inflation came in at 6.7% in December, down from November’s 7.1%.
-
France: Industrial output rebounds in November
January 10, 2023
Industrial output increased 2.0% in month-on-month seasonally adjusted terms in November, which contrasted October's 2.5% decrease.
© Copyright: 2023. | France Industry | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed
