Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

France’s industrial production rose by 25.1pc in the March to May period in 2021 compared to the same months in 2020, according to the National Institute of Statistics and Economic Studies (INSEE).

 

It dropped by 0.3pc in May alone from April this year and was down by 5.6pc from February last year before the COVID-19 pandemic started.

 

The country’s production in the manufacturing industry saw a 27.9pc rise from March to May while it dropped by 0.5pc in May from April this year. It saw a 6.9pc fall in May from February last year. 

 

Under this, the production of transportation equipment saw a 46.1pc increase from March to May compared to the same period in 2020 and it declined by 5.4pc in May from April 2021. Production in metallurgy and metal products also rose by 52pc in the March to May period annually while it inched up by 0.2pc in May from the previous month. It dropped by 6.1pc in May from February last year, INSEE reported.

 

France’s construction industry saw a 63pc increase in production from March to May 2021 compared to the same months last year and it grew by 5.4pc in May from April this year. INSEE reported that production in the construction industry saw a 1.1pc drop in May from the pre-pandemic levels in February last year. 

Leave a Reply

Your email address will not be published.