France's industrial production recovered at the quickest pace in almost five years in June amid a strong rebound in manufacturing activity, figures from the statistical office INSEE showed Tuesday.
Industrial output rose 3.8 percent monthly in June, reversing a 0.7 percent decline in May. Production was expected to grow by 0.8 percent.
Further, this was the fastest expansion since July 2020, when production rose 4.8 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.