France: Industrial production rebounds in August
October 9, 2015
In August, industrial production rose 1.6% over the previous month, contrasting the 1.1% fall tallied in July. The result overshot the 0.5% rise that the market had expected and marked the highest value since April 2013. The increase reflected improvements in all sectors, with manufacturing recording the most significant improvement.
In annual terms, industrial output rose 1.6% in August, which contrasted July’s 0.9% fall and marked a three-month high.
As a result, the annual average variation in industrial production inched up from July’s flat reading to 0.2% growth in August.
Author: Eric Denis , Economist