The industrial production rediscovers colors. In may, it rebounded to 19.6% in France, returning to almost what it had lost in April (- 20,6 %), according to figures published by Insee on Friday 10 July. On the months of march to may, compared to the previous three months, the industrial production slumped by 23.4 %, leaded by the health crisis and containment, has yet reported the national statistics Institute. About a year (in may 2020, compared to may 2019), the industrial production contracted even more sharply, by 25.4 %, and 27.7 % for only manufacturing industries.
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About a month, the bounce in may for the manufacturing output is 22 per cent compared to April, while the fall in April compared to march is 22.3 %, according to the latest figures from the Insee, which have been revised from those published last month. Over the period from march to may compared to the previous three months, the contraction recorded by the manufacturing industries reached 25.9 percent.
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the rebound in The month of may compared to April has been the most important for the construction industry (+ 118,5 %), whereas the construction sites were often down during the confinement. Following transport equipment (+ 49,9 %), which include the automotive industry and equipment goods (+ 27.4 per cent). The rebound has been the weakest for the agri-food industries (+ 1.8 percent), which had comparatively less suffered in April with a fall limited to 7.5% compared to march.
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Coignard – The very fledgling ministry of Industry
