Latest reading: Industrial output grew 18.6% year on year in June (May: +22.1% yoy), driven chiefly by booming manufacturing output...
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 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 softer pace in May
Latest reading: Industrial output dropped 0.5% in month-on-month seasonally adjusted terms in May, which was above April's 1.4% decrease. Looking at the details of the release, May’s improvement was driven by a sharp rebound in energy production. In contrast, manufacturing plus mining and quarrying output posted weaker readings. On an annual basis, factory output fell at a more moderate rate of 0.9% in May (April: -1.9% yoy). Accordingly, the trend improved, with the annual average variation of industrial production coming in at minus 0.6%, up from April's minus 0.7%.
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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Taiwan: Industrial output growth remains buoyant in June -
Malaysia: Industrial output records slowest expansion since December 2023 in May Latest reading: Industrial output grew 0.3% compared to the same month of the previous year in May, which was a... -
Euro Area: Industrial output rebounds in May Latest reading: Industrial production expanded 1.7% month-on-month in seasonally adjusted terms in May (April: -2.2% mom s.a.). The improvement was... -
Hungary: Decline in industrial activity persists in May Latest reading: Industrial output decreased 2.4% year on year in May, matching April’s drop. While manufacturing output fell at a... -
Austria: Industrial output deteriorates in May Latest reading: Industrial output fell 0.7% in month-on-month seasonally adjusted terms in May, which was a worse than April’s 0.6%... -
Cyprus: Industrial output flatlines in May Latest reading: Industrial output was flat year on year in calendar-adjusted terms in May, which was a deterioration from April’s... -
Turkey: Industrial output rebounds in May Latest reading: Industrial output rose 3.2% in month-on-month seasonally adjusted terms in May, which contrasted April’s 3.1% decrease. Looking at...