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- France manufacturing output decreased sharply in December
France manufacturing output decreased sharply in December
According to the report from INSEE, in December 2019, output decreased in the manufacturing industry (−2.6%, after −0.4%), as well as in the whole industry (−2.8%, after 0.0%). Economists had expected a 0.3% decrease in the whole industry.
Over the last quarter, output went down slightly in manufacturing industry (−0.4%), as well as in the whole industry (−0.6%).
Over the last quarter, output slumped in the manufacture of coke and refined petroleum products (−18.5%). It declined in the manufacture of machinery and equipment goods (−2.1%), in mining and quarrying, energy, water supply (−1.5%) and in the manufacture of transport equipment (−0.9%). Conversely, output increased slightly in "other manufacturing" (+0.2%) and in the manufacture of food products and beverages (+0.4%).
In the manufacturing industry, output of the last quarter was lower than the same quarter of 2018 (−0.7%), as well as in the whole industry (−0.8%).
Over a year, output slumped in the manufacture of coke and refined petroleum products (−28.3%). It decreased also in the manufacture of transport equipment (−3.3%), in the manufacture of machinery and equipment goods (−2.0%) and in mining and quarrying, energy, water supply (−1.0%). In contrast, output increased slightly in "other manufacturing" (+0.6%) and in the manufacture of food products and beverages (+0.3%).
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