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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)
MNI: FRANCE APRIL IP --0.1% M/M, -0.3% Y/Y; MAR -0.4%r M/M
FRANCE APR MANUFACTURING -0.4% M/M, +0.8% Y/Y; MAR -0.2%r M/M
FRANCE MAR IP & MANUFACTURING REVISED UP 0.1PP
- French industrial and manufacturing production contracted in April by -0.1% m/m and -0.4% m/m respectively. This was below the consensus of +0.2% m/m and -0.1% m/m.
- Manufacturing production remains higher in the past three months than the same period in 2021. Extractive industry production and automotive saw the starkest year-on-year contractions due to high exposure to the semiconductor supply shortages.
- Supply chain disruptions and soaring energy prices worsened by the Ukraine war have added to declining IP over the past two months.
Source: INSEE (CZ: Manufacturing, C1: agro-food industries, C3: capital goods, C4 transport equipment, C5: other industries.
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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