INSEE indicates that the drop in industrial production increased in October, at a rate of 2.6% compared to 0.9% in the previous month. This pronounced fall is explained in particular by a vertiginous drop in coking-refining production.
Industrial production in France fell 2.6% in October in a month, after a fall of 0.9% in September, the National Institute of Statistics and Economic Studies (Insee) reported on Friday.
This new setback is explained by a fall in production “in all the major branches”, advances INSEE, which highlights in particular the fall in the extractive industries, energy and water (-5.6% in October, after the 2, 8% in September) and the strong “fall” in coking-refining (-46.3% after -6.5%), “due to the strike movement that affected the refineries”.
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Source: BFM TV
