France Industry October 2018

France

France: Industrial output rebounds in October

December 7, 2018

In seasonally-adjusted terms, industrial output expanded 1.2% month-on-month in October, contrasting a 1.6% contraction in September (previously reported: -1.8% month-on-month s.a.). October’s reading was driven primarily by improved manufacturing output.

On an annual basis, industrial output decreased 0.7% in October, up from a 1.1% decrease a month earlier. Annual average growth notched down to 1.5% from 2.0%.

FocusEconomics Consensus Forecast panelists expect industrial output to expand 1.7% in 2019, which is unchanged from last month’s forecast. For 2020, panelists project industrial output growth at 1.4%.


Author:, Economist

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France Industry October 2018

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


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