France: Industrial output rebounds in December
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%.