According to data released by the National Institute of Statistics and Economics on the 11th, the industrial production in France resumed growth in November 2009, and the output value increased by 1.1% from the previous month.
The data also showed that the manufacturing industry achieved a 1.6% increase in the previous month in November, which was better than the 0.5% decline in October last year.
French Minister of Economy, Finance and Employment Christina Lagarde believes that almost all branches of the manufacturing industry resumed growth in November last year, indicating that the measures taken by the French government have indeed continued to stimulate the economy. In addition, factors such as the destocking of enterprises and the improvement of the international trade environment have also contributed to the recovery of industrial production in France.
Some time ago, industrial production in France recovered, but the situation is still unstable. In the third quarter of last year, France’s industrial output increased by 2.9% compared with the previous quarter. However, in September and October last year, French industrial output fell by 1.5% and 0.6% respectively.
Analysts here believe that even if industrial production resumed growth in November last year, its output value is still lower than the same period last year. In addition, the high unemployment rate still puts a lot of pressure on industrial production.
The data also showed that the manufacturing industry achieved a 1.6% increase in the previous month in November, which was better than the 0.5% decline in October last year.
French Minister of Economy, Finance and Employment Christina Lagarde believes that almost all branches of the manufacturing industry resumed growth in November last year, indicating that the measures taken by the French government have indeed continued to stimulate the economy. In addition, factors such as the destocking of enterprises and the improvement of the international trade environment have also contributed to the recovery of industrial production in France.
Some time ago, industrial production in France recovered, but the situation is still unstable. In the third quarter of last year, France’s industrial output increased by 2.9% compared with the previous quarter. However, in September and October last year, French industrial output fell by 1.5% and 0.6% respectively.
Analysts here believe that even if industrial production resumed growth in November last year, its output value is still lower than the same period last year. In addition, the high unemployment rate still puts a lot of pressure on industrial production.
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