France's Industrial production index fell sharply in March

According to the report from Insee, in March 2020, output slumped in the manufacturing industry (−18.2%, after +0.9%), as well as in the whole industry (−16.2%, after +0.8%). Economists had expected a 12.4% decrease in the whole industry..

Over the last quarter, output decreased sharply in manufacturing industry (−6.1%), as well as in the whole industry (−5.6%).

Over this period, output slumped in the manufacture of transport equipment (−14.3%) and in the manufacture of coke and refined petroleum products (−14.0%). It also diminished in "other manufacturing"(−5.8%), in the manufacture of machinery and equipment goods (−5.3%), in mining and quarrying, energy, water supply (−2.6%). Output fell moderately in the manufacture of food products and beverages (−0.7%).

In the manufacturing industry, cumulative output over the last quarter declined sharply compared to the same quarter a year ago (−7.8%), as well as in the whole industry (−7.3%).

Over a year, quarter's output went down sharply in "other manufacturing" (−6.1%), in the manufacture of transport equipment (−17.4%), in the manufacture of machinery and equipment goods (−9.4%) and in mining and quarrying, energy, water supply (−4.4%). It slumped in the manufacture of coke and refined petroleum products (−40.0%). It declined more moderately in the manufacture of food products and beverages (−1.2%).