France: Industrial output plummets in November
In seasonally-adjusted terms, industrial output contracted 1.3% month-on-month in November, contrasting a revised 1.3% expansion in October (previously reported: +1.2% month-on-month s.a.). November’s reading was driven primarily by a fall in manufacturing output.
On an annual basis, industrial output decreased 2.1% in November, down from a 0.6% decrease a month earlier. Annual average growth notched down to 1.1% from 1.5%.