France's industrial production declined unexpectedly in August, data from the statistical office INSEE showed on Friday.
Industrial output fell 0.7 percent on a monthly basis in August, following a revised 0.1 percent decrease in July. Output was forecast to grow 0.3 percent.
Manufacturing output shrank 1.6 percent, faster than the 0.5 percent fall in the previous month.
The further downturn in manufacturing output was driven primarily by a 4.7 percent decline in the production of coked and refined petroleum products, followed by a 4.5 percent fall in the manufacture of transport equipment.
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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.