France: Industrial production shrinks in February
Latest reading: Industrial production—excluding construction—declined 0.7% on a working-day and seasonally adjusted month-on-month basis in February, following a 0.2% increase in the previous month.
Relative to the previous month’s data, readings in February softened for manufacturing (0.0% in working-day and seasonally adjusted month-on-month terms vs +0.2% in January), mining and quarrying (-4.8% vs +1.1% in January) and energy (-3.2% vs +0.2% in January).
On a working-day and seasonally adjusted year-on-year basis, industrial production was down 0.3% in February, following a 1.9% increase in the prior month.