In January, industrial output expanded 1.0% in seasonally adjusted terms over the previous month. The reading was well above the revised 0.2% increase tallied in December (previously reported: +0.3% month-on-month) and doubled market analyst expectations, which had industrial output expanding 0.5%. On an annual basis, industrial activity decelerated from a 7.0% rise in December to a 5.4% expansion in January. The stronger reading was driven primarily by the manufacturing sector, which rebounded to a 1.8% mom expansion in January from the 0.2% contraction registered in December. In addition, the construction sector also rebounded from a 5.9% contraction in December to a 7.9% expansion. Positive results in both sectors more than offset the 4.0% contraction in the mining, quarrying, energy, water and waste management sector. As a result of the monthly expansion, the trend continues to improve, with annual average industrial output growth rising from 5.8% in December to 6.0% in January.
Industrial production beats market expectations in January
March 10, 2011
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France Economic News
October 24, 2016
The Markit Flash Composite Purchasing Managers’ Index (PMI) dropped from a revised 52.7 (previously reported: 53.3) in September to 52.2 in October.
October 3, 2016
According to preliminary figures released by the National Statistical Institute (INSEE), consumer prices in September dropped 0.2% over the previous month, contrasting August’s 0.3% increase.
September 28, 2016
The consumer confidence indicator produced by the National Institute of Statistics and Economic Studies (INSEE) remained stable in September at August’s 97 points.
September 23, 2016
The composite Purchasing Managers’ Index (PMI), produced by IHS Markit, rose in September.
September 23, 2016
The French economy contracted in the second quarter.