July 10, 2018 / 6:50 AM / 8 months ago

French industrial output weakened in May - INSEE

PARIS (Reuters) - French industrial output weakened in May, according to the INSEE official statistics body, with the figures coming in worse-than-forecast and adding to signs of a slowdown in the euro zone’s second-biggest economy.

The INSEE national statistics office said on Tuesday that May industrial production had declined by 0.2 percent from the previous month. A Reuters poll of 24 analysts had forecast industrial production growth of 0.7 percent in May.

Last month, INSEE forecast slower French economic growth for this year in the face of a stronger euro, higher oil prices and uncertainty about protectionism.

Reporting by Sudip Kar-Gupta; Editing by Andrew Heavens

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below