Latest reading: Industrial output declined 1.2% month-on-month in seasonally adjusted terms in July (June: +2.1% mom). The result marked the...
Industrial Production in France
The French economy recorded an average industrial production growth rate of 0.0% 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 2024 to 2017.
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 deteriorates in July
Latest reading: Industrial output fell 1.1% in month-on-month seasonally and calendar-adjusted terms in July (June: +3.7% mom s.a.). The result reflected a fall in manufacturing and energy production. In contrast, mining and quarrying output rose. On an annual basis, industrial output rose at a softer pace of 1.3% in July (June: +2.2% yoy). Meanwhile, the trend improved, with the annual average variation of industrial production coming in at minus 0.2% in July, up from June's minus 0.4% reading.
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.
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