France: Industrial output expands at fastest pace since May 2023 in April
Industrial production expanded 0.6% month-on-month in seasonally adjusted terms in April (March: -0.2% mom). The print marked the best reading since May 2023. Looking at the details of the release, April’s pickup was broad-based, with the manufacturing, mining and quarrying and energy sub-sectors all accelerating.
On an annual basis, industrial production rose 0.9% in April, which was above March’s 0.7% expansion.