Latest reading: Manufacturing output grew 1.9% compared to the same month a year earlier in May, matching April’s increase. Looking...
Industrial Production in France
The French economy recorded an average industrial production growth rate of -1% in the decade to 2024. In 2024, industrial production growth was -0.1%. For more industry information, visit our dedicated page.
France Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for France from 2018 to 2024.
Source: Macrobond.
France Industry Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | -10.8 | 5.3 | 0.7 | 0.7 | -0.1 |
Industrial activity drops at sharpest pace since May 2024 in April
Latest reading: Industrial output fell 1.4% in month-on-month seasonally adjusted terms in April, which contrasted March's 0.1% increase. April's result marked the worst reading since May 2024, and reflected drops in manufacturing and energy output. On an annual basis, factory output fell 2.1% in April (March: +0.1% yoy), the worst result since May 2024. Moreover, the trend pointed down, with the annual average variation of industrial production coming in at minus 0.8% in April, down from March's minus 0.5%.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects French industry projections for the next ten years from a panel of 9 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for French industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our French industry projections.
Want to get access to the full dataset of French industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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