France's industrial production increased 0.4 percent from a month earlier in February 2019, slowing from a downwardly revised 1.2 percent gain in the previous month and beating market expectations of a 0.5 percent decline. Output dropped for mining and quarrying, energy and water (-3.8 percent from 4.2 percent in January). On the other hand, manufacturing production went up at a faster pace (1.1 percent from 0.7 percent), with the biggest output increase seen in transport equipment (3.0 percent), other manufacturing (1.7 percent) and coke and refined petroleum products (0.6 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 0.60 in 12 months time. In the long-term, the France Industrial Production MoM is projected to trend around 0.40 percent in 2020, according to our econometric models.