Global Economic News

French Industrial Production Rebounds In November

France's industrial production rebounded at a stronger-than-expected pace in November as operations returned to normal after the labor strike in refineries, official data revealed Tuesday.

Industrial output climbed 2.0 percent from October, when it decreased by a revised 2.5 percent, the statistical office INSEE reported. Production was expected to grow by a modest 0.8 percent.

Likewise, manufacturing output gained 2.4 percent, in contrast to the 2.1 percent decrease a month ago.

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by Renju Jaya

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