France's manufacturing output up 0.3% YoY, down 0.3% MoM in Nov 2023

11 Jan '24

1 min read

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France's manufacturing output was down by 0.3 per cent year on year (YoY) and up by 0.3 per cent month on month in November last year.
Output in some energy-intensive industries remained lower compared to the level of 2021.
Manufacturing of textiles, apparel, leather and related products witnessed a 3.6 per cent YoY rise during the month.

France’s manufacturing output was down by 0.3 per cent year on year (YoY) and up by 0.3 per cent month on month (MoM) in November last year. Output in some energy-intensive industries remained lower compared to the level of 2021.

Cumulative output over September-November 2023 was lower by 0.3 per cent than that of the same three months of the previous year in the manufacturing industry, but was higher in the whole industry by 0.8 per cent.

Manufacturing of textiles, apparel, leather and related products saw a 3.6 per cent YoY rise in November last year, the National Institute of Statistics and Economic Studies (INSEE) said on its website.

Energy-intensive industries are particularly exposed to rising—or persistently high—production costs, which may affect their output.

ALCHEMPro News Desk (DS)

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