French Industrial Production Falls Unexpectedly
9 Articles
9 Articles
French manufacturing production again fell sharply in July, INSEE said on Wednesday, while production as a whole...
Key takeaways An unforeseen drop in French industrial activity in July has reinforced concerns about the economic stability of the country, which is already teetering on the brink of recession. Worse than forecasts According to data from Insee, the national statistics agency, production fell by 0.4 percent, which contradicts […]
It had already fallen by 0.1% in June. Over a year, however, industrial production rose by 0.8% between May and July last year.
The French industry lost traction again in July, with falls in manufacturing, refining and transport despite the strong surge in energy production.
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