French Industrial Output Tumbles as Recession Looms
This article is for subscribers only.
French industrial production fell more than expected in January as Europe’s second-largest economy teetered on the brink of its third recession in four years.
Output from factories, mines and utilities fell 1.2 percent in the month from December, national statistics office Insee said today. Economists had expected a 0.2 percent drop, according the median 25 estimates in a Bloomberg survey.