French industrial production rebounded in August

French industrial production rebounded in August

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French industrial production rose in August, showing resilience in most sectors despite slowing demand and high price pressures.

Total industrial output–comprising output in manufacturing, energy and construction–rose 2.4% on month, after a 1.6% monthly decline in July.

Economists polled by The Wall Street Journal expected factory output to remain flat.

Manufacturing output–the largest component of industrial production–increased 2.7% in August on month and energy production rose by 1.2%. However, construction output declined 1.0%, the data showed.

Write to Maria Martinez at [email protected]

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