empty
 
 

2020.04.1009:03:00UTC+00France Industrial Output Rises More Than Expected

French industrial production grew more than expected in February, data from the statistical office Insee revealed Friday.

Industrial production expanded 0.9 percent on a monthly basis, faster than the expected rate of 0.1 percent. However, this was slower than the 1.1 percent increase seen in January.

Likewise, manufacturing output climbed 0.9 percent, following January's 1.2 percent rise.

Manufacture of coke and refined petroleum rebounded 4.9 percent and transport equipment output recovered in February, up 2 percent. However, machinery and equipment output growth eased to 0.5 percent.

Meanwhile, growth in mining and quarrying output accelerated to 0.8 percent from 0.6 percent.

Data showed that industrial production declined 1.4 percent in three months to February and manufacturing output was down 1.3 percent.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback