France Industry

France

France: Industrial production shrinks in April

June 10, 2015

In April, industrial production contracted 0.9% over the previous month, which came in below the revised flat growth tallied in March (previously reported: -0.3% month-on-month). The result marked a six-month low and significantly undershot the 0.4% expansion the markets had expected. The fall reflected contractions in both manufacturing and construction sectors.

In annual terms, industrial output contracted 0.1% in April, which contrasted the 1.8% increase recorded in March and marked a four-month low.

Despite the decrease, the annual average variation in industrial production inched up to minus 0.4% in April from minus 0.6% in March, thus hitting a one-year high.

FocusEconomics Consensus Forecast panelists expect industrial production to expand 0.7% in 2015, which is down 0.1 percentage points from last month’s forecast. For 2016, participants expect industrial output to accelerate to a 1.8% expansion.


Author:, Economist

Sample Report

Looking for forecasts related to Industry in France? Download a sample report now.

Download

France Industry Chart


France Industry April 2014 0

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


France Economic News

More news

Search form