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.
Author: Christopher Thomas, Economist