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French Industrial Production decreased by 0.3%

Friday, Jan 09 2015
In November 2014, manufacturing output decreased (–0.6%, after –0.1% in October). Output declined more moderately in industrial production as a whole (–0.3% after –0.7% in October). Analysts were anticipating 0.4% increase.
 
Output decreased in mining, quarrying, energy and water supply (–2.6%) and in the manufacture of transport equipment (–2.8%). Conversely, output went up sharply in the manufacture of coke and refined petroleum products (+9.0%), and to a lesser extent in the manufacture of electrical and electronic equipment; machine equipment (+0.5%). Output remained almost stable in other manufacturing (+0.1%) and held steady in the manufacture of food products and beverages.
 
Data did not have any major impact on the markets with euro currently being traded around 1.1780 level. Later today, in the US session NFP figures will be released.
More in this category: « China's PPI falls for the 34th consecutive month UK Industrial Production decreased by 0.1% »

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