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Quick Update on French Industrial Production & Trade Balance

The INSEE released a couple of economic events for the French economy – Industrial Production and Trade Balance.

Industrial Production – Reports reveal that the level of output increased in the manufacturing industry (+1.0% in January 2019, after +0.4% in December 2018). While the whole industry remains at +1.3% after stability.

Manufacturing production edged lower over the last three months (−0.3%). While the industry as a whole faces a slowdown of −0.4%.

Trade Balance – The Ministry for the Economy and Finance reported a slight improvement in the French trade deficit. This time the trade deficit stands at -4.2B vs. the forecast of -4.9B.

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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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