Industrial production in France fell 0.8 percent month-over-month in December of 2020, following a downwardly revised 0.7 percent drop in November and compared to market forecasts of a 0.2 percent rise. Manufacturing went down 1.7 percent, as coke and refined petroleum slumped due to the shutdown of several refineries (-30.5 percent). Other decreases were also seen in manufacture of machinery and equipment goods (-3.5 percent) and manufacture of food products and beverages (-1.8 percent). In contrast, production in mining and quarrying, energy, water supply went up 4.3 percent. Compared to February of 2020, the last month before the first general coronavirus lockdown, output remained 4.9 percent lower. source: INSEE, France
Industrial Production Mom in France averaged 0.05 percent from 1990 until 2020, reaching an all time high of 20 percent in May of 2020 and a record low of -20.70 percent in April of 2020. This page provides the latest reported value for - France Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Industrial Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Industrial Production Mom in France is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in France to stand at 0.60 in 12 months time. In the long-term, the France Industrial Production MoM is projected to trend around 0.60 percent in 2022 and 0.50 percent in 2023, according to our econometric models.