Industrial production in France rose 0.8% in July, beating forecasts

An employee of Atlantec Technologies holds a copper plate as he works on printed circuit boards at the company's factory in Malville

PARIS (Reuters) – Industrial production in France grew by 0.8% in July, according to official figures published on Friday, offering a small uplift for the euro zone’s second-biggest economy which is still grappling with inflationary pressures.

The INSEE statistics body said growth in the cars and transport industry had boosted overall industrial production, and data published earlier this month showed that French car registrations had risen 24% in August.

The industrial production growth of 0.8% also beat a forecast for growth of 0.1% in a Reuters poll.

On Thursday, INSEE said the French economy was set to grow 0.1% in the third quarter from the previous three months, and by 0.2% in the fourth quarter.

(Reporting by Sudip Kar-Gupta; Editing by Hugh Lawson)

Related posts

Spirit Christmas expands New Jersey holiday pop-ups with new 2025 locations including Toms River

Flight attendant age discrimination suit moves forward in New Jersey court against United Airlines

Judge tosses inmate’s civil rights suit against Gov. Murphy over confinement claims