French Industrial Output Rebounds in February

French Industrial Output Rebounds in February

However the manufacturing sector showed a decline of 0.3%.

PARIS -- Gaining 0.7% from the previous month as manufacturing activity provided the main driver of growth,  French industrial production bounced back in February,  data released on Tuesday by the national statistics institute showed.

The reading for that category was 0.8% higher than in January, the Insee institute said.

In January, overall industrial output in France, the second largest eurozone economy, had fallen by a monthly 0.8%, while manufacturing output had dropped by 1.3%.

Insee said that in the past three months, industrial output was a slight 0.1% lower than in the previous quarter, while the manufacturing sector showed a stronger decline of 0.3%.

Sharp three-month declines were noted "in the manufacture of electrical and electronic equipment (-1.3%), (and) in the manufacture of transport equipment," Insee said.

Copyright Agence France-Presse, 2013

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