HomeEconomyAfter two months of decline, industrial production rebounds by 2% in France

After two months of decline, industrial production rebounds by 2% in France

INSEE indicates that industrial production increased by 2% in November thanks to the manufacture of capital goods.

Industrial production in France rose 2% in November, after two consecutive months of decline, thanks in particular to the manufacturing of capital goods which gained 5.3%, INSEE announced on Tuesday.

An increase above the expectations of economists. Experts polled by Reuters on average expected a 0.8% rise in industrial production in November.

Manufacturing production as a whole increased by 2.4%, but construction fell by 1.2% and the extractive industries, energy and water sectors by 0.6%, reported the National Institute of Statistics (Insee).

>> More information to come on BFM Business in a few moments. Also watch BFM Business live on video and follow us On twitter.

Author: Frederic Bianchi
Source: BFM TV

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