Industry in France
France - Industry
Industrial output rebounds in February
Industrial production swung from a revised 1.8% month-on-month drop in January (previously reported: -2.0% month-on-month) to a 1.2% expansion in February. The reading came in slightly below market expectations of a stronger 1.4% increase.
February’s expansion was driven by higher output in construction and in the mining and quarrying, energy, water supply, and waste management sector. The construction sector swung from a steep 7.5% month-on-month decline in January to a 2.8% increase in February, while the mining and quarrying, energy, water supply and waste management sector grew 11.5% month-on-month in February (January: -6.3% mom). In turn, manufacturing was the only component that declined in February, reflecting lower output of machinery and equipment goods, as well as of transport equipment.
In annual terms, growth in industrial production rose from a 1.2% increase in January to a strong 4.0% increase in February. Meanwhile, annual average growth in industrial production edged up from 2.5% in January to 2.8% in February.
France Industrial Production Forecast
FocusEconomics Consensus Forecast panelists expect industrial production to expand 1.4% in 2018, which is up 0.2 percentage points from last month’s forecast. For 2019, participants also expect industrial output to expand 1.4%.
France - Industry Data
| 2012 | 2013 | 2014 | 2015 | 2016 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | -2.2 | -0.5 | - | - | - |
France Industry Chart
Source: National Institute of Statistics and FocusEconomics calculations.
France Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.82 | 0.46 % | Apr 19 |
| Bond Yield | 0.82 | 0.46 % | Apr 19 |
| Exchange Rate | 1.24 | 0.65 % | Apr 19 |
| Exchange Rate | 1.24 | 0.65 % | Apr 19 |
| Stock Market | 5,392 | -0.29 % | Apr 19 |
| Stock Market | 5,392 | -0.29 % | Apr 19 |
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Economic News
France: HICP inflation edges up in March
April 12, 2018
Preliminary data released by the National Statistical Institute (INSEE) on 12 April showed that consumer prices jumped from a flat reading in February to a 1.0% month-on-month increase in March.
France: Industrial output rebounds in February
April 10, 2018
Industrial production swung from a revised 1.8% month-on-month drop in January (previously reported: -2.0% month-on-month) to a 1.2% expansion in February.
France: HICP inflation edges up in March
March 30, 2018
Preliminary data released by the National Statistical Institute (INSEE) on 30 March showed that consumer prices jumped from a flat reading in February to a 1.0% increase in March.
France: Consumer confidence stable in March
March 28, 2018
The consumer confidence indicator produced by the National Institute of Statistics and Economic Studies (INSEE) was unchanged from the previous month in March at its long-term average of 100 points, in line with market expectations.
France: Economic growth picks up steam in Q4
March 26, 2018
The French economy closed 2017 on a strong note, as confirmed by the third estimate for fourth-quarter growth released by the National Statistical Institute (INSEE) on 26 March.
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