France’s manufacturing output falls by 1.6% MoM in Jul

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France’s manufacturing output fell by 1.6 per cent in July over the June figure after rising by 0.9 per cent month on month (MoM) in June. It rose by 1.8 per cent year on year (YoY) in the May-July period. The same textiles, apparel, leather and related products fell by 3.9 per cent MoM in July, while the May-July quarter saw a 7.9 per cent YoY rise.

The output in the country’s whole industry too fell by 1.6 per cent MoM in July after rising by 1.2 per cent MoM in June. It fell by 0.2 per cent YoY in the May-July quarter this year.

France’s manufacturing output fell by 1.6 per cent in July over the June figure after rising by 0.9 per cent month on month (MoM) in June. It rose by 1.8 per cent year on year (YoY) in the May-July period. The same textiles, apparel, leather and related products fell by 3.9 per cent MoM in July, while the May-July quarter saw a 7.9 per cent YoY rise.

In July this year, output decreased in most French industries, a note from the country’s National Institute of Statistics and Economic Studies (INSEE) said.

In the machinery and equipment goods sector, manufacturing output fell by 1.9 per cent MoM in July after a 2.8 per cent rise in June.

In the transport equipment sector, manufacturing output fell by 1.8 per cent MoM in the month after rising by 2.9 per cent in June.

On the contrary, output bounced back in the manufacture of coke and refined petroleum, displaying a 1.1 per cent MoM rise in July after falling by 2.8 per cent in June.

Fibre2Fashion News Desk (DS)




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