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Financial News: France Industrial Output Growth Eases In November

France Industrial Output Growth Eases In November

01/10/2020 - 02:58:00 (RTTNews)

(RTTNews) - France's industrial production grew at a slower pace in November driven by the weakness in manufacturing sector, the statistical office Insee showed Friday.

Industrial production logged a monthly growth of 0.3 percent after rising 0.5 percent in October.

At the same time, manufacturing output dropped 0.1 percent, reversing a 0.6 percent rise a month ago.

Meanwhile, mining and quarrying output rebounded 2.2 percent, following a 0.1 percent drop. Similarly, construction expanded 2.5 percent, in contrast to a 1.9 percent decrease a month ago.

In three months to November, manufacturing output advanced 0.7 percent and overall industrial production grew 0.4 percent from the previous three months.

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