France Industry June 2018


France: Industrial output rebounds in June

August 10, 2018

Industrial production rose 0.6% month-on-month in June, following a 0.2% decline in May. June’s print marked a return to growth after three consecutive months of contractions in output. The improvement was primarily driven by the recovery in the manufacture of coke and refined petroleum products, which swung to double-digit growth in June from a sizeable contraction in May. All three industrial sectors—manufacturing; construction; and mining and quarrying, energy, water supply, and waste management—expanded month-on-month in June.

In annual terms, growth in industrial output swung back to positive territory in June, increasing 1.7% in the month from May’s revised 0.7% contraction (previously reported: -0.9% year-on-year). Meanwhile, annual average growth in industrial production remained stable at 2.7% in June.

France Industrial Production Forecast

The Central Bank forecasts economic growth of 1.8% in 2018 and 1.7% in 2019. FocusEconomics Consensus Forecast panelists expect the economy to grow 1.9% in 2018, which is down 0.1 percentage points from last month’s forecast. For 2019, panelists forecast 1.8% growth.

Author:, Research Team Manager

Sample Report

Looking for forecasts related to Industry in France? Download a sample report now.


France Industry Chart

France Industry June 2018

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

France Economic News

More news

Search form