French industrial production down 0.4% in December - Breaking The News

French industrial production down 0.4% in December

5 February

1 min read

UNSPLASH / ANT_ROZETSKY

France's industrial production decreased 0.4% in December compared to the previous month, the country's statistical office INSEE said on Wednesday.

Manufacturing output was 0.7% down month on month, while construction output increased by 1.3% compared to November. The monthly slump in manufacturing was mostly attributed to a decline in the production of transport equipment, which was down 5.4%.

On an annual basis, the whole industrial output fell 1.2% in December, while manufacturing output dropped 1.9% and automotive industry output slid 16.5%.

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