French Industrial Production Sees a Modest Increase

In a recent report by INSEE, France's statistical office, it was revealed that the country's industrial production experienced a 0.2% increase in November compared to the previous month. This growth, albeit modest, signals a positive shift in the industrial sector.

Manufacturing and Construction Sectors Show Positive Trends

Breaking down the numbers, the manufacturing output also saw a 0.2% rise month on month, with a significant 3.8% increase in the production of transport equipment. Similarly, the construction sector didn't lag behind, showing a 0.3% increase from October, indicating a steady recovery in these vital sectors.

Annual Comparison Reveals a Decline

Despite the monthly gains, the annual comparison paints a different picture. The overall industrial output fell by 0.9% in November, with manufacturing and construction outputs dropping by 1.4% and 3.3%, respectively. This contrast highlights the challenges still faced by the French industrial sector in achieving sustained growth.