France Industry October 2019


France: Industrial output sustains a modest pace of expansion in October

December 10, 2019

Seasonally-adjusted industrial production rose 0.4% month-on-month in October, matching September’s result. While mining activity and utilities supply receded, resilient manufacturing activity supported the headline print.

On an annual basis, industrial production fell 0.4%, matching September's print. Similarly, the annual average variation in industrial production came in flat in October, also matching the previous month's figure.

FocusEconomics Consensus Forecast panelists expect industrial output growth at 0.5% in 2020, which is unchanged from last month’s forecast. For 2021, panelists expect industrial output growth at 1.1%.


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France Industry Chart

France Industry October 2019

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

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