• France industrial production rose sharply in May

Market news

10 July 2019

France industrial production rose sharply in May

According to the report from Insee, in May 2019, output increased in the manufacturing industry (+1.6%, after a virtual stability in April), as well as in the whole industry (+2.1%, after +0.5%). Economists had expected a 0.3% increase in the whole industry.

Insee said that manufacturing output increased slightly over the last three months (+0.2%), as well as in the whole industry (+0.5%).

Over the last three months, output grew strongly in the manufacture of machinery and equipment goods (+2.5%), in mining and quarrying, energy, water supply (+2.0%) and more moderately in “other manufacturing” (+0.2%). Conversely, it decreased in the manufacture of transport equipment (−1.2%), in the manufacture of food products and beverages (−0.7%) and in the manufacture of coke and refined petroleum products (−1.0%).

Manufacturing output of the last three months increased compared to the same three months a year ago (+1.4%), as well as in the whole industry (+1.4%).

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