France Industry December 2018


France: Industrial output rebounds in December

February 8, 2019

In seasonally-adjusted terms, industrial output expanded 0.8% in December, contrasting a revised 1.5% month-on-month contraction in November (previously reported: -1.3% month-on-month s.a.). December’s reading was driven primarily by a rebound in manufacturing output.

On an annual basis, industrial output fell 1.4% in December (November: -2.2% year-on-year). Meanwhile, annual average industrial output growth moderated from 1.1% in November to 0.7%.

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 expect industrial output growth at 1.3%.

Author:, Research Team Manager

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