French industrial production rose above expectations in October, data from statistics agency Insee showed Tuesday.
The office said that total industrial output--comprised of output in manufacturing, energy and construction--rose 0.4% in October from September, in calendar-adjusted terms. Economists had forecast a 0.2% increase, according to a poll by The Wall Street Journal.
The increase compares with revised growth of 0.4% in September.
Manufacturing output rose 0.5% in October on the month, while construction declined 1.9% and energy 0.1%.
The data comes after disappointing German production figures last week, which showed industrial output down 1.7% in adjusted terms in October on the month, providing fresh evidence of an extended manufacturing recession in Europe's largest economy.
Production grew 8.3% in the pharmaceutical sector. Output of petroleum and refined products fell 16.8% in October after a 11% decrease in September due to a refinery shutdown.
Write to Maria Martinez at maria.martinez@wsj.com
"industrial" - Google News
December 10, 2019 at 03:00PM
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French industrial production up, beating forecasts - MarketWatch
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