France: Industrial production shrinks in November
Latest reading: Industrial production—excluding construction—was down 0.1% in working day and seasonally adjusted month-on-month terms in November, following a 0.2% rise in the prior month.
Relative to the prior month’s figures, readings in November worsened for mining and quarrying (-2.0% in working day and seasonally adjusted month-on-month terms vs +2.1% in October) and energy (-2.0% vs +1.8% in October). In contrast, the reading for manufacturing improved in November (+0.3% vs -0.1% in October).
On a working day and seasonally adjusted year-on-year basis, industrial production increased 2.1% in November, following a 1.8% rise in the prior month.