🇫🇷 French Industrial Production (MoM): Actual: -1.1% 🔴 Expected: -0.3% Previous: 1.4%

🇫🇷 French Industrial Production (MoM): Actual: -1.1% 🔴 Expected: -0.3% Previous: 1.4%

via official report:

Over a month, output fell back in most industries In March 2023, output fell back over a month in the “other manufacturing” industries (‑1.1% after +0.5%).

It plummeted substantially in the manufacture of coke and refined petroleum (‑45.6% after +0.8%) due to the strikes in the refineries.

Output also declined in mining and quarrying, energy, water supply (‑1.2% after +2.3%), in the manufacture of machinery and equipment goods (‑0.9% after +0.6%) and more slightly in the manufacture of food products and beverages (‑0.2% after +1.5%).

On the contrary, output increased again in the manufacture of transport equipment (+0.2% after +5.5%): it was up in the manufacture of motor vehicles, trailers and semi-trailers (+0.9% after +3.1%) but it decreased in the manufacture of other transport equipment (‑0.4% after +7.3%).

EUR EUR The euro (EUR) is the official currency of the European Union (EU) and 19 of 27 member states at the time of writing. It is the second most-traded currency worldwide in forex markets after the US dollar.The euro was originally introduced back on January 1, 1999, having replaced the European Currency Unit. Banknotes and physical euro coins subsequently entered circulation only in 2002.Upon its adoption, the euro replaced domestic currencies in participating EU member states. The rise in its value The euro (EUR) is the official currency of the European Union (EU) and 19 of 27 member states at the time of writing. It is the second most-traded currency worldwide in forex markets after the US dollar.The euro was originally introduced back on January 1, 1999, having replaced the European Currency Unit. Banknotes and physical euro coins subsequently entered circulation only in 2002.Upon its adoption, the euro replaced domestic currencies in participating EU member states. The rise in its value Read this Term