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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
FRANCE DATA
MNI (London)
FRANCE JAN INDUSTRIAL PROD -1.9% M/M (FCST -0.2%); DEC +1.5%r M/M
FRANCE JAN INDUSTRIAL PROD -2.2% Y/Y (FCST +0.2%); DEC +1.4% Y/Y
- French industrial production slid -1.9% m/m after the +1.5% m/m auto and electricity production boost in December.
- A sharp fall in transport equipment production drove the decline, which was more marked than the mild -0.2% m/m downturn expected by consensus.
- Looking forward, the French manufacturing industry weakened further in the February PMI data. New Orders contracted sharply again, led by a sharp decline in export orders.
- Despite easing supply chains and upticks in optimism, anticipated increases in industrial energy bills and high interest rates pose significant headwinds. This alongside weak global demand appetite means Q1 outlooks remain bleak.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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