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

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MNI: FRANCE DATA: Industrial Production (Feb 2019) Preview - 07:45 BST
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- Bloomberg Consensus: -0.5% m/m, -0.2% y/y; MNI Median: -0.6% m/m, -0.3% y/y
- Previous (Jan): 1.3% m/m, 1.7% y/y
- Markets look for industrial output to have contracted in Feb...
- ... following the strongest monthly gain in almost a year in Jan
-  Construction activity slumped by 5.4% m/m in Jan...
- ... but manufacturing rose for a 2nd month running (1.0% after 0.4% in Dec)...
- ...driven primarily by a 3.3% surge in capital goods output - the strongest
monthly rise since May 2017
- Forward looking indicators suggest the industrial sector faces another weak
year in 2019 after growing by just 0.4% last year
- France's manufacturing PMI registered in contraction territory for the fourth
time in six months in Mar
- The construction PMI indicated activity in the sector contracted at the
fastest pace since Aug

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