Demand Strong for Manufactured Goods in France

March 21, 2008
Car purchases jumped 7.5% after a January slump of 9.2%.

French demand for cars was strong in February, helping bolster overall consumption of manufactured goods, official data showed on March 21. Car purchases jumped 7.5% after a January slump of 9.2%.

Consumption rose for most manufactured products but was particularly strong for durable goods, up 3.3% after a fall of 4.1% in January.

The February data from national statistics institute INSEE showed household consumption of manufactured products rose 1.2% in February after a contraction of 1.3% in January.

For the last two years, consumption has been a key driver for the economy and indicators of consumer confidence are watched with particular interest amid widespread concern about a perceived fall in household purchasing power.

Copyright Agence France-Presse, 2008

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!