France Industry November 2017

France

France: Industrial output contracts in November

January 11, 2018

Industrial production contracted 0.5% in month-on-month terms in November, contrasting the 1.7% increase observed in October. The decline, which matched market analysts’ expectations, reflected contractions in manufacturing output and construction activity.

In annual terms, growth in industrial production moderated from a 5.5% increase in October to 2.5% in November. Meanwhile, annual average growth in industrial production remained steady in November at October’s 2.0%.

France Industrial Production Forecast


FocusEconomics Consensus Forecast panelists expect industrial production to expand 1.4% in 2018, which is up 0.2 percentage points from last month’s forecast. For 2019, participants expect industrial output to also expand 1.4%.


Author: Jean-Philippe Pourcelot, Economist

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France Industry Chart


France Industry November 2017

Note: Year-on-year and month-on-month changes of industrial production index in %.
Source: French Statistics Institute (INSEE).


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