France Industry February 2019


France: Industrial output stalls in February

April 24, 2019

Industrial output expanded 0.4% from a month earlier and in seasonally-adjusted terms in February, on the heels of a revised 1.2% month-on-month expansion in January (previously reported: +1.3% month-on-month s.a.). A pullback in electricity and utilities supply drove the cool-off, while manufacturing output sped up from January.

On an annual basis, industrial output rose 0.6% in February (January: +1.7% year-on-year). Meanwhile, annual average industrial output growth ticked down to 0.2% from 0.5% in January.

FocusEconomics Consensus Forecast panelists expect industrial output growth at 1.0% in 2019, which is unchanged from last month’s forecast. For 2020, panelists also expect industrial output growth at 1.2%.

Author:, Economist

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France Industry Chart

France Industry February 2019

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

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