French industrial production significantly fell in October, reflecting weakening external demand and high energy prices. Total industrial output–comprising output in manufacturing, energy and construction–declined by 2.6% on month after a revised 0.9% monthly decline in September. Economists polled by FactSet expected factory output to post a decrease of 0.2%.
Manufacturing output–the largest component of industrial production–declined 2.0% in October on month and energy production fell by 5.6%. However, construction output rose 1.1% on month, the report showed. Write to Maria Martinez at firstname.lastname@example.org