PARIS – French industrial production fell unexpectedly in April after a sharp decline in output from the auto sector, statistics showed Friday.
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Industrial production in the eurozone's second largest economy fell 0.5% in April from March as manufacturing output dropped 1.2%, statistics agency Insee said. Economists polled by the Wall Street Journal had forecast a 0.5% rise in industrial output.
Still, Insee revised March's industrial production figure higher to a 2.2% rise on month from a previous reading of 2%.
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(END) Dow Jones Newswires
June 09, 2017 03:11 ET (07:11 GMT)