Tue, 10 Sep 2013 08:22:04 GMT
France's industrial output unexpectedly drops in July
French industrial production unexpectedly declined 0.6% month-on-month in July, after dropping 1.4% a month earlier, according to INSEE. Analysts expected an increase of 0.5% for the reported timeframe. Manufacturing output decreased 0.7%, after contracting 0.4% in June, whereas a 0.7% rise was forecasted. That translated to industrial output and manufacturing production falling on an annual basis 1.8% and 2.5%, respectively.