Industry in France

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France - Industry

Industrial output declines again in April

Industrial production contracted further in March, from a 0.4% month-on-month contraction to a 0.5% decrease in April. April’s decline reflected a 5.8% drop in the mining and quarrying, energy, water supply, and waste management sector (March: -4.3% month-on-month). The contraction in this component more than offset a 2.9% expansion in construction (March: -2.3% mom) and a 0.4% increase in the manufacturing sector (March: +0.3% mom).

In annual terms, growth in industrial output edged up from a revised 1.9% increase (previously reported: +1.8% year-on-year) in March to a 2.1% rise in April. Meanwhile, annual average growth in industrial production rose from 2.7% in March to 3.0% in April.

FocusEconomics Consensus Forecast panelists expect industrial production to expand 1.4% in 2018, which is up 0.2 percentage points from last month’s forecast. For 2019, participants also expect industrial output to expand 1.4%.

France - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-0.8  -1.0  1.5  0.3  2.4  

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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

ValueChangeDate
Bond Yield0.570.46 %Jul 17
Exchange Rate1.170.65 %Jul 17
Stock Market5,423-0.29 %Jul 17

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