Industry in France

France Industry | Economic News & Forecasts

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  

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France Industry Chart

France Industry
Note: Annual variation of industrial output in %.
Source: National Institute of Statistics and FocusEconomics calculations.

France Facts

Bond Yield-0.180.46 %Jul 31
Exchange Rate1.110.65 %Jul 31
Stock Market5,519-0.29 %Jul 31

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