France’s metal industry output up 45.5 percent in May from April

France’s metal industry output up 45.5 percent in May from April

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France’s manufacturing output in May this year rose by 22 percent month on month, after a 22.3 percent month-on-month decline in April, according to the statistics released by France’s National Institute of Statistics and Economic Studies (INSEE).  In the March-May quarter of this year, France’s manufacturing output was down by 27.7 percent year on year and fell by 25.9 percent quarter on quarter.

In May, France’s production in manufacture of basic metals and fabricated metal products, except machinery and equipment, was up by 45.5 percent compared to April, after a 31.1 percent decline month on month in March.

On the other hand, in May production of France’s motor vehicles, trailers and semi-trailers industry rose by 558.6 percent on month-on-month basis after a 89.9 percent month-on-month contraction recorded in the previous month, while the output of the domestic construction industry was up by 118.5 percent month on month in the given month after decreasing by 41.9 percent in April compared to March. In the March-May quarter, output of the domestic construction industry contracted by 41.8 percent, both quarter on quarter.

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