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France’s industrial output grows in April, missing forecasts

by ChemOrbis Editorial Team - content@chemorbis.com
  • 10/06/2016 (13:22)
According to media reports, data from the Statistical office Insee shows that France’s industrial output rose at a faster than expected pace in April.

French industrial output increased 1.2% on a monthly basis after a 0.4% fall in March, missing initial forecasts calling for a 0.4% increase.

Meanwhile, manufacturing was up 1.3% after a 1% fall in the previous month. Media reports revealed that construction output growth dropped to 0.7% from 1.3%.
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