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MNI: FRANCE DATA: Industrial Production (Apr 2019)...>

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MNI: FRANCE DATA: Industrial Production (Apr 2019) Preview - 07:45 BST
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- Bloomberg Consensus: 0.3% m/m, 1.0% y/y; MNI Median: 0.4% m/m, 1.0% y/y
- Previous (Mar): -0.9% m/m, -0.9% y/y
- Despite decelerating sharply at the end of the quarter, growth of 1.4% in Jan
& 0.1% in Feb left French IP up by 0.9% q/q overall in Q1
- Markets look for a small monthly rise in production in Apr
- While renewed global trade tensions & uncertainties continue to weigh on the
outlook for the French industrial sector...
- ... recent survey evidence suggests that industry could be on course for
another quarter of growth in Q2
- Insee's May business confidence survey, for example, showed manufacturing
sentiment rebounding to a six-month high, supported by stronger order books 
- Meanwhile, France's manufacturing PMI increased to 50.6 in May (up from 50.0
in Apr), rising back into expansion territory for the first time since Feb

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