French industrial output unexpectedly declines in September instead of growing as expected

Note: This section contains information in English only.
Source: WBP Online
© Scanpix/AFP
French industrial production dropped 0.5% in September, against analyst's expectations of 0.4% expansion, the data from National Institute of Statistics and Economic Studies showed on Friday. The Manufacturing output slipped 0.7% from prior 0.3% increase a month earlier, again missing forecast of 0.4% increase. On the annual basis the manufacturing performance in France dropped 1.3%, while industrial production sank 0.5% in September.

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