France's industrial production rose by 3.8 percent from a month earlier in July 2020, following an upwardly revised 13 percent growth in June and below market expectations of a 5 percent advance. Manufacturing activity increased by 4.5 percent, after a 14.8 percent jump in June, amid a slowdown in the production of transport equipment (8.1 percent vs 39.5 percent); equipment goods (8.6 percent vs 15.2 percent); food products & beverages (2.3 percent vs 6.9 percent) and other manufacturing (3.7 percent vs 13.5 percent). In addition, output plunged for coke & refined petroleum products (-6.9 percent vs 19.1 percent). Mining and quarrying; energy; water supply; waste management production stalled (vs 4.3 percent in June).
Industrial Production Mom in France averaged 0.04 percent from 1990 until 2020, reaching an all time high of 20 percent in May of 2020 and a record low of -20.50 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 September of 2020. source: INSEE, France
Industrial Production Mom in France is expected to be -1.30 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 0.90 in 12 months time. In the long-term, the France Industrial Production MoM is projected to trend around 0.60 percent in 2021 and 0.50 percent in 2022, according to our econometric models.