Market news
10.08.2016, 06:58

French industrial production down 0.8% in June

Over the second quarter of 2016, output decreased slightly in the manufacturing industry (-0.2% q-o-q). It was virtually stable in the overall industry (-0.1% q-o-q).

Output decreased sharply in the manufacture of food products and beverages (-2.3%), and tumbled in the manufacture of coke and refined petroleum products (-11.7%). It was stable in "other manufacturing". Conversely, output rose in the manufacture of transport equipment (+1.7%) and to a lesser extent in the manufacture of machinery and equipment goods (+0.5%) and in mining and quarrying; energy; water supply (+0.3%).

Over a year, manufacturing output soared in the manufacture of transport equipment (+7.6%) and rose more moderately in "other manufacturing" (+0.5%) and in mining and quarrying; energy; water supply (+0.9%). On the contrary, it shrank markedly in the manufacture of food products and beverages (-3.0%) and in the manufacture of machinery and equipment goods (-2.4%), and plummeted in the manufacture of coke and refined petroleum products (-13.2%).

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