French industrial production falls for first time in three months

Paris, Sept. 9, (dpa-AFX/GNA) - French industrial production fell for the first time in three months in July, data published by the statistical office Insee showed on Friday. 

Industrial production declined 1.6% from June, when output was up 1.2%. This was the first fall in three months. Economists had forecast a more moderate 0.5% drop for July. 

Likewise, manufacturing output decreased 1.6% on the month, in contrast to the 0.9% increase in June. Manufacture of machinery and equipment declined 1.9% and that of transport equipment was down 1.8%. 

In addition, manufacture of food products and beverages slid 0.8%. 

Further, output of mining and quarrying, energy, water supply and waste management dropped 2.1 percent. 

On the other hand, production of coke and refined petroleum products grew 1.1%. while construction output grew 0.5%. 

In the manufacturing industry, cumulative manufacturing output over three months to July was higher than that of the same months of the previous year by 1.8%. However, it was down slightly in the whole industry by 0.2%. 

GNA