logo

France Industrial Production Declines Unexpectedly

France industrial production decreased unexpectedly in September, data released by the statistical office Insee said on Friday.

Industrial output fell 1.3 percent in September from August, when production was up 1 percent. Production was forecast to climb 0.4 percent.

Similarly, manufacturing output decreased 1.4 percent after rising 1.1 percent a month ago.

Within manufacturing, transport equipment manufacturing logged the biggest fall of 8.4 percent. Further, manufacture of coke and refined petroleum products was down 2.3 percent, while equipment goods output gained 1.3 percent.

Compared to February 2020, the last month before the first general lockdown, output dropped 5.9 percent in the manufacturing industry and by 5.2 percent in the whole industry.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT