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French Industrial Production Falls

By robottf | November 11, 2008

After a contractioin of 0.4% in August, industrial productio n in France fell by 0.5% in September, according to the national statistics office. Output by the auto industry, a motor of economic activity in France was particularly hard hit, plunging 3.1%.

Manufactured output, production excluding output by the energy, food and farming industries, slumped by 0.8% after falling 0.5% the previous month.

Overall, industrial production from July to September dropped by 0.8% from the figure for the previous three-month period and by 2.5% from the equivalent figure last year.

Source: IndustryWeek

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