France's industrial production rose 0.4 percent from a month earlier in April 2019, following an upwardly revised 1.1 percent fall in the prior month and above market expectations of a 0.3 percent gain. Production of mining and quarrying, energy and water rebounded (3.2 percent from -0.8 percent in March). Also, manufacturing output showed no growth after dropping 1.1 percent in March, of which food products & beverages (0.6 percent from -1.1 percent), machinery & equipment goods (0.6 percent from 1.4 percent), other manufacturing (0.5 percent from -2 percent) and coke and refined petroleum products (-1.5 percent from -1.8 percent). Year-on-year, industrial activity went up 1.1 percent, rebounding from a downwardly revised 0.7 percent in March. Industrial Production Mom in France averaged 0.04 percent from 1990 until 2019, reaching an all time high of 4 percent in November of 2005 and a record low of -5 percent in November of 2008.
Industrial Production Mom in France is expected to be -0.20 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 0.40 percent in 2020, according to our econometric models.