Market Updates: French Industrial Production Kept Increasing

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%).