Trade Resources Industry Views France's Manufacturing Output in May This Year Decreased by 2.3 Percent

France's Manufacturing Output in May This Year Decreased by 2.3 Percent

France's manufacturing output in May this year decreased by 2.3 percent month on month, after having been stable in April and decreased by 0.7 percent year on year, according to the statistics released by France's National Institute of Statistics and Economic Studies (INSEE).

In May, France's production in manufacture of basic metals and fabricated metal products, except machinery and equipment, decreased by 2.6 percent month on month, after a month-on-month increase of 0.2 percent in April.

On the other hand, in May production of France's motor vehicles, trailers and semi-trailers industry saw a decrease of 0.6 percent on month-on-month basis after a 0.4 percent month-on-month decrease recorded in the previous month, while the output of the domestic construction industry decreased by 0.7 percent month on month in May, after a decrease of 0.3 percent in April compared to March.

Source: http://www.steelorbis.com/steel-news/latest-news/frances-metal-industry-output-down-26-percent-in-may-from-april-837884.htm
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France's Metal Industry Output Down 2.6 Percent in May From April
Topics: Metallurgy