Industrial production in France rose 0.3 percent from a month earlier in July 2019, after a 2.3 percent fall in June but missing market consensus of a 0.5 percent increase. Manufacturing output went up 0.3 percent, rebounding from a 2.2 percent decline, boosted by transport equipment (0.6 percent from -3.2 percent in June); coke and refined petroleum products (5.5 percent from -9.2 percent); and other manufacturing (0.7 percent from -2.5 percent). Also, mining and quarrying, energy and water production dropped at a softer pace (-0.1 percent from -3 percent). Industrial Production Mom in France averaged 0.05 percent from 1990 until 2019, reaching an all time high of 4 percent in November of 2005 and a record low of -5 percent in November of 2008.
Industrial Production Mom in France is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in France to stand at -0.40 in 12 months time. In the long-term, the France Industrial Production MoM is projected to trend around 0.50 percent in 2020, according to our econometric models.