MarketWatch reports that data from statistics agency Insee showed that French industrial production fell slightly in April, missing expectations for an increase.
Total industrial output--comprising output in manufacturing, energy and construction--decreased 0.1% in April compared with March. Economists had forecast a 0.5% increase in April.
Insee upwardly revised the on-month industrial production figure for March to a 1.0% increase from a 0.8% rise previously.
Compared with February 2020 total industrial output was down 5.5% in April 2021 in calendar-adjusted terms.