MNI BRIEF: Trade War To Increase Volatility Inflation -Panetta

MNI China Daily Summary: Friday, November 15

MNI BRIEF:China Optimistic On Property Despite Investment Fall

CORRECTED-MNI INTERVIEW: NBH To Hold Rates

MNI BRIEF: China Oct Retail Sales Surge On Holiday, Trade-ins

CHINA OCT INDUSTRIAL OUTPUT +5.3% Y/Y VS MEDIAN +5.5% Y/Y: NBS

EZ/UK Bond Supply Calendar: EU Synd; SK, BE Auction on Monday

MNI: US SEP BUSINESS INVENTORIES +0.1%; SALES +0.3%

MNI: US OCT INDUSTRIAL PROD -0.3%; CAP UTIL 77.1%

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Robust June IP Sees Energy Sector Resurgence, as in Germany & Spain

FRANCE DATA
MNI (London)

FRANCE JUN INDUSTRIAL PROD. +1.4% Y/Y (FCST -0.3%); MAY -0.3%r Y/Y

FRANCE JUN INDUSTRIAL PROD. +1.4% M/M (FCST -0.3%); MAY +0.2%r M/M

  • French industrial production saw surprise growth in June, expanding by 1.4% in both the month-on-month and annualised print.
  • This is above the anticipated forecast of -0.3% contractions for both readings and adds to German and Spanish IP data from this morning which also came in more robust than forecasts.
  • France experienced a broad-based solid month-on-month rebound across capital goods production (+3.5% in June vs +0.2%), agriculture (+2.2% in June vs -0.7%), other transport equipment (+6.2% vs -5.7%) and most notably extractive industries and energy (+2.4% in June vs -4.1%).
  • Diving into the detail of German and Spanish reports highlights a recurrent theme of substantially stronger energy production in June, likely linked to efforts in generating gas stocks ahead of Winter as supply from Russia has become increasingly concerning over the past months. Italian IP data due at 0900 BST will likely confirm this.
DataHomepagemarkets-real-timeData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
DataHomepagemarkets-real-timeData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

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.