Market news
07.06.2019, 07:14

France industrial production rose slightly in April

National Institute of Statistics and Economic Studies (Insee) said, in April 2019, output was virtually stable in the manufacturing industry (after -1.1% in March). It increased in the whole industry (+0.4%, after −1.1%). Economists had expected a 0.3% increase in the whole industry.

Manufacturing output increased over the last three months (+1.0%), as well as in the whole industry (+0.7%).

Over the last three months, output kept growing in “other manufacturing” (+0.9%), in the manufacture of machinery and equipment goods (+3.1%) and in the manufacture of coke and refined petroleum products (+3.0%). It increased slightly in the manufacture of food products and beverages (+0.2%). Conversely, it decreased in mining and quarrying, energy, water supply (−0.9%) and in the manufacture of transport equipment (−0.3%).

Manufacturing output of the last three months increased compared to the same three months a year ago (+1.3%), as well as in the whole industry (+0.4%).

Over a year, output of the last three months increased sharply in the manufacture of transport equipment (+4.1%), in the manufacture of machinery and equipment goods (+3.3%) in the manufacture of coke and refined petroleum products (+2.1%), and more moderately in “other manufacturing” (+0.6%). On the contrary, it decreased strongly in mining and quarrying, energy, water supply (−4.7%) and more moderately in the manufacture of food products and beverages (−0.6%).

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