France - Production industrielle (Mensuel)

France's industrial production grew by 0.4 percent from a month earlier in October 2019, the same pace as in the previous month and above market expectations of 0.2 percent. Manufacturing production rose by 0.5 percent (vs 0.8 percent in September), boosted by other manufacturing (1.7 percent vs 0.4 percent) such as pharmaceuticals, other manufacturing, repair & installation of machinery & equipment, basic metals & fabricated metal products, wood & paper products, and rubber & plastics products. Meanwhile, there were declines in production of food products & beverages (-0.1 percent vs 1.2 percent), coke & refined petroleum products (-16.8 percent vs -12.6 percent), machinery & equipment goods (-1.0 percent vs 3.9 percent), and transport equipment (-0.9 percent vs -0.3 percent).

France's industrial production increased 0.3 percent from a month earlier in September 2019, recovering from a 0.9 percent fall in the previous month and in line with market expectations. Manufacturing output rebounded (0.6 percent vs -0.8 percent), particularly machinery & equipment goods (3.8 percent vs -3.2 percent), food products & beverages (1.0 percent vs -0.5 percent) and other manufacturing (0.3 percent vs -0.7 percent). In contrast, production of coke and refined petroleum products (-10.8 percent vs 1.4 percent) and transport equipment (-0.6 percent vs 0.5 percent) dropped. Meantime, mining and quarrying, energy, water supply and waste management output declined further (-1.5 percent vs -1.4 percent).

France's industrial production fell 0.9 percent from a month earlier in August of 2019, reversing a 0.3 percent growth in the previous month and missing market expectations of a 0.3 percent gain. Manufacturing output declined (-0.8 percent vs 0.4 percent in July), particularly machinery & equipment goods (-2.2 percent vs -0.1 percent) and other manufacturing (-1.0 percent vs 0.7 percent) while production slowed for transport equipment (0.5 percent vs 0.7 percent) and for coke & refined petroleum products (1.5 percent vs 5.7 percent). In contrast, food products & beverages output rebounded (0.1 percent vs -1.1 percent). Meantime, a contraction was seen in mining and quarrying, energy, water supply and waste management output (-1.4 percent vs 0.1 percent).

Industrial production in France rose 0.3 percent from a month earlier in July 2019, after a 2.3 percent fall in June but missing market consensus of a 0.5 percent increase. Manufacturing output went up 0.3 percent, rebounding from a 2.2 percent decline, boosted by transport equipment (0.6 percent from -3.2 percent in June); coke and refined petroleum products (5.5 percent from -9.2 percent); and other manufacturing (0.7 percent from -2.5 percent). Also, mining and quarrying, energy and water production dropped at a softer pace (-0.1 percent from -3 percent).

Industrial production in France decreased 2.3 percent from a month earlier in June of 2019, after a downwardly revised 2.0 percent rise in the previous month and compared with market expectations of a 1.4 percent fall. Manufacturing activity dropped 2.2 percent, down from a 1.6 percent gain in May, dragged by transport (-3.2 percent vs 2.7 percent in May); coke and refined petroleum products (-8.8 percent vs -0.9 percent); capital goods (-2.2 percent vs -0.1 percent) and other manufacturing (-2.6 percent vs 2.5 percent). In contrast, output rebounded for food products & beverages (0.7 percent vs -0.9 percent). Also, mining and quarrying, energy and water production fell 3.1 percent, after a 4.7 percent jump in May.

France's industrial production rose 2.1% from a month earlier in May 2019, the most since November 2016, following an upwardly revised 0.5% increase in the prior month and beating market expectations of a 0.2% gain. Manufacturing activity rebounded (1.6% vs -0.1% in April), boosted by transport (3.3% vs -3.1%), namely Airbus aircraft and automobiles; coke and refined petroleum products (0.4% vs -1.5%) and other manufacturing (2.6% vs 0.3%). In contrast, output fell for food products & beverages (-0.9% vs 1.1%) and machinery & equipment goods (-0.5% vs 0.3%). At the same time, mining and quarrying, energy and water grew faster (4.6% vs 4.0%). Year-on-year, industrial production surged 4%, after a 1.1% gain in the prior month.