French Industrial Output Drops In May – ValueWalk Premium

French Industrial Output Drops In May

French industrial output dropped in May amid widening current account deficit, according to Insee, the national statistics agency.

The euro zone’s second-largest economy has seen its industrial production dropping 0.4 percent, after a surge of 2.2 percent posted in April.

The contraction is, however, less than 0.8 percent anticipated by economists.

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