• French industrial production unexpectedly declined in April

Market news

10 June 2021

French industrial production unexpectedly declined in April

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.

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