France Industry November 2018

France

France: Industrial output plummets in November

January 10, 2019

In seasonally-adjusted terms, industrial output contracted 1.3% month-on-month in November, contrasting a revised 1.3% expansion in October (previously reported: +1.2% month-on-month s.a.). November’s reading was driven primarily by a fall in manufacturing output.

On an annual basis, industrial output decreased 2.1% in November, down from a 0.6% decrease a month earlier. Annual average growth notched down to 1.1% from 1.5%.

FocusEconomics Consensus Forecast panelists expect industrial output growth at 1.3% in 2019, which is unchanged from last month’s forecast. For 2020, panelists also project industrial output growth at 1.3%.


Author:, Economist

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France Industry November 2018

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


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