French industrial output has risen by 2.2 per cent in April, defying expectations of just 0.3 per cent growth. In the previous month the sector contracted by 0.9 per cent.
The manufacturing sector grew by 2.6 per cent versus expectations of an expansion of just 0.5 per cent. In the year to April industrial output shrank by 0.5 per cent.
Output went down in other manufacturing (-2.4%), in the manufacture of transport equipment (-4.9%), in the manufacture of food products and beverages (-2.5%) and in the manufacture of electrical and electronic equipment and machine equipment (-1.2%). On the opposite, manufacturing output bounced by 12.9% in the manufacture of coke and refined petroleum products.
Output went up in the manufacture of basic metals and fabricated metal products, except machinery and equipment (+3.1%), in other manufacturing, repair and installation of machinery and equipment (+3.0%), in the manufacture of rubber and plastics products and other non-metallic mineral products (+2.2%), in the manufacture of chemicals and chemical products (+2.5%), in the manufacture of textiles, wearing apparel, leather and related products (+4.4%) and, to a smaller extent, in the manufacture of wood and paper products; printing and reproduction of recorded media (+0.7%) as well as in the manufacture of basic pharmaceutical products and pharmaceutical preparations (+0.6%).