Market Updates: French Industrial Production Kept Increasing
Arslan Butt•Wednesday, April 10, 2019•1 min read
In February 2019, French output expedited in the manufacturing industry (+1.1% after +0.7% in January) and lagged down in the whole sector (+0.4% after +1.2).
As per the report released by INSEE, production grew in most of branches: in the manufacture of transport equipment (+3.2%), in “other manufacturing” (+0.6%), in the manufacture of machinery and equipment goods (+1.1%), in the production of food products and beverages (+0.5%) and in the manufacture of coke and refined petroleum products (+1.0%). Conversely, it decreased in mining and quarrying, energy, and water supply (−0.9%).
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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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