French Industrial Production Declines In May


10/07/2012 11:19 AST  RTT News

Industrial production in France declined 1.9 percent month-on-month in May, data from the French statistical office Insee showed Tuesday.

This followed a 1.4 percent gain in April and was steeper than 1 percent drop expected by economists.

Manufacturing production dropped 1 percent on a monthly basis in May, while expectations were for a 0.3 percent fall. In April, factory output was down 0.9 percent.

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