Latest data released by INSEE - 10 December 2019
- Prior +0.3%; revised to +0.4%
- Industrial production -0.2% vs -0.4% y/y expected
- Prior +0.1%; revised to +0.2%
- Manufacturing production +0.5% vs +0.4% m/m expected
- Prior +0.6%; revised to +0.8%
- Manufacturing production +0.1% vs -0.2% y/y expected
- Prior +0.4%; revised to +0.5%
It's a decent report as factory activity beats out expectations with a positive revision to the September readings to boot. That should offer some encouragement to French economic sentiment, even if factory conditions are keeping more flat relative to a year ago.
