France Industry January 2019


France: Industrial output recovers in January

March 22, 2019

Industrial output expanded 1.3% from a month earlier and in seasonally-adjusted terms in January, on the heels of a revised flat month-on-month reading in December (previously reported: +0.8% month-on-month s.a.). January’s broad-based improvement was underpinned by faster manufacturing output.

On an annual basis, industrial output rose 1.7% in January (December: -2.5% year-on-year). Meanwhile, annual average industrial output growth ticked up to 0.5% from 0.4% in December.

France Industrial Production Forecast

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%.


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France Industry Chart

France Industry January 2019

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

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