France: Industrial production recovers in September
Latest reading: Industrial production—excluding construction—was up 0.8% on a working day and seasonally adjusted month-on-month basis in September, following a 0.9% fall in the prior month.
Relative to the previous month’s data, readings in September improved for manufacturing (+0.9% in working day and seasonally adjusted month-on-month terms vs -1.0% in August) and energy (+0.3% vs -0.6% in August). In contrast, the reading for mining and quarrying worsened in September (-4.7% vs +0.6% in August).
On a working day and seasonally adjusted year-on-year basis, industrial production rose 1.3% in September, following 0.1% growth in the previous month.