paris (reuters) – industrial production in france was against all the odds went down in august, fell by 0.3% after a rebound higher than initially announced in july, according to data released tuesday by the insee.
the production was also decreased in august, falling by 0.4%, after also rebounded in july.
these two indicators are mixed, since november 2011.
at the same time, the institute has been revised upwards by + 0.8% in industrial production in july, initially announced at + 0.5%. the same month, manufacturing production has also been revised upwards by + 0.6% compared to + 0.3% previously.
the decline in industrial production in august was down expectations of economists polled by reuters expect, on average, an increase of 0.4%.
in the three months to the end of august, the production has shown a slight increase (+ 0.2%), and manufacturing output was almost unchanged (+ 0.1%).
over the course of a year, industrial production rose by 2.4% and production is slightly more pronounced, 2.7%.
the decline in the month of august has been the sharp decline in production in other industries, such as a fall in the pharmacy (- 13.2% in july after stability.
the production is also decreased in the equipment, in august, a decline of – 1.4% following a rise of 1.3% in july.
a reverse the trend, the production and transport in the accelerated in august, with an increase of 5.9% after an increase of 2.9% in july.
the output is also picked up in the agri food industry (+ 0.4% in −0,3%), while it remained stable in the mining, energy, water, after an increase of 2.0% in july) and there is little change in the manufacture of coke, refined petroleum products (+ 0.1%) after −5,1%).
(aluminum rivet, edited by danielle rouquié)
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Translated by forexguides.info Team