Industrial production rebounded 1.7% in May
July 9, 2010 - 7:35 am
Industrial production in France has strongly rebounded in May, rising 1.7% after falling 0.5% the previous month, according to data CVS-CJO published by INSEE.
Twenty-two economists polled by Reuters had expected an average growth of 0.4% of overall industrial production in May, with estimates ranging from 0.0% to 0.9%.
The April figure was revised to -0.5% -0.3% instead announced a month ago.
Manufacturing output, that is to say, outside energy but with food included, rose 0.5% in May after a revised rise of 0.3% (+0.4% in the first estimate) the month precedent.