Industrial production in France stalled in May of 2022, following an upwardly revised 0.3% fall in April, and defeating market forecasts of a 0.2% rise. The mining and utilities sector contracted 4.6% (vs 0.8% in April), mainly due to a 5.6% drop in supply of electricity, gas, steam and air-conditioning. On the other hand, manufacturing output rebounded (0.8% vs -0.5%), prompted by transport equipment (1.8%); machinery and equipment goods (0.6%) and coke and refined petroleum (5.9%) while production of food and beverages declined again (-0.8%). Year-on-year, industrial output shrank 0.4%, led by a fall in energy production source: INSEE, France
Industrial Production Mom in France averaged 0.05 percent from 1990 until 2022, reaching an all time high of 19.30 percent in May of 2020 and a record low of -20.50 percent in April of 2020. This page provides the latest reported value for - France Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Industrial Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Industrial Production Mom in France is expected to be -0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Industrial Production MoM is projected to trend around 0.60 percent in 2023 and 0.50 percent in 2024, according to our econometric models.