Free Trial

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

MNI, NEWS
MNI: FRANCE DATA: Industrial Production (May 2019) 
-------------------------------------------------------------------------------
- French IP expanded at its strongest monthly pace since Nov 2016 in May...
- ... with the 2.1% rise far exceeding market expectations of a much more
subdued 0.4% pick-up 
- Apr's monthly gain, meanwhile, was revised up by 0.1pp to 0.5%
- This left the annual rate showing an expansion of 4.0% in May - the strongest
since Dec 2017
- The monthly increase was driven by broad-based strength across sectors...
- Energy (+4.5%), construction (+1.9%) and manufacturing output (+1.6%) all
expanded
- Within manufacturing, output of capital & intermediate goods increased by 1.0%
and 1.1% respectively...
- ... while consumer durables (+3.6%) and consumer non-durables (+3.0%) expanded
at their fastest paces in five and thirty months respectively

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.