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French manufacturing output fell by 1.6 per cent month on month (MoM) in January compared to a 0.5-per cent rise in December 2023.
The figure for textiles, apparel, leather and related products rose by 3.1 per cent MoM in January compared to a 5.2-per cent MoM drop in December 2023.
The same for the November 2023-January 2024 period rose by 4.7 per cent YoY.

French manufacturing output fell by 1.6 per cent month on month (MoM) in January this year compared to a 0.5-per cent rise in December last year, according to the National Institute of Statistics and Economic Studies (INSEE).

The manufacturing output of textiles, apparel, leather and related products increased by 3.1 per cent MoM in January 2024 compared to a 5.2-per cent MoM drop in December 2023. The same for the November 2023-January 2024 period increased by 2.6 per cent quarter on quarter and by 4.7 per cent year on year.

Overall manufacturing output in the country between November 2023 to January 2024 was 0.3 per cent higher YoY, an INSEE release said.

Energy-intensive domestic industries are particularly exposed to rising—or persistently high—production costs, which may affect their output. Output between November 2023 and January 2024 in such industries remained sharply down compared to that of the second quarter of 2021, i.e, the last quarter before the sharp rise of energy prices.

Fibre2Fashion News Desk (DS)

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