Industry in France
France - Industry
Industrial output sinks to over-one-year low in June
Seasonally-adjusted industrial output contracted 2.3% month-on-month in June, an over-year low, contrasting a 2.0% increase in May. Notably, a drop in manufacturing output drove June’s downturn. Moreover, the mining and utilities sectors contracted as well.
On an annual basis, industrial output saw no growth in June (May: +3.9% year-on-year). Meanwhile, the annual average variation in industrial production edged down to 0.2% in June, from 0.3% a month prior.
FocusEconomics Consensus Forecast panelists expect industrial output growth at 1.1% in 2019, which is down 0.1 percentage points from last month’s forecast. For 2020, panelists expect industrial output growth at 1.0%.
France - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | -0.4 | -1.2 | 1.5 | 0.5 | 2.3 |
France Industry Chart
Source: National Institute of Statistics and FocusEconomics calculations.
France Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | -0.18 | 0.46 % | Jul 31 |
| Exchange Rate | 1.11 | 0.65 % | Jul 31 |
| Stock Market | 5,519 | -0.29 % | Jul 31 |
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Economic News
France: Inflation edges down in July
August 14, 2019
Consumer prices decreased 0.2% month-on-month in July (June: +0.2% month-on-month), the lowest reading in six months, according to an estimate released by the Statistical Institute (INSEE).
France: Industrial output sinks to over-one-year low in June
August 9, 2019
Seasonally-adjusted industrial output contracted 2.3% month-on-month in June, an over-year low, contrasting a 2.0% increase in May.
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July 31, 2019
Consumer prices decreased 0.2% month-on-month in July (June: +0.2% month-on-month), the lowest reading in six months, according to a provisional estimate released by the Statistical Institute (INSEE).
France: Weaker household spending drives slowdown in Q2
July 30, 2019
France’s economy grew a seasonally-adjusted 0.2% quarter-on-quarter in the second quarter, edging down from the 0.3% expansion recorded in the first quarter, according to a first estimate released by the French Statistical Institute (INSEE).
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