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
|Industrial Production (annual variation in %)||-0.4||-1.2||1.5||0.5||2.3|
5 years of economic forecasts for more than 30 economic indicators.
France Industry Chart
Source: National Institute of Statistics and FocusEconomics calculations.
|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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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).
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.
August 5, 2019
The seasonally-adjusted IHS Markit Flash Composite Purchasing Managers’ Index (PMI) inched down to 51.9 points in July, from 52.7 points in June, and remained above the 50-point threshold that separates expansion from contraction in business conditions.
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).
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).