PARIS, May 7 — French confinement measures caused industrial output to plunge by 16.2 per cent in March on a monthly basis, data released today by the statistics institute Insee showed. Activity declined “substantially” in all industrial sectors, after edging up by 0.8 per cent in February,...
A woman walks past a closed shop with a ‘for sale’ sign in the French Riviera city of Nice, southern France, on the 43nd day of a lockdown in France aimed at curbing the spread of the Covid-19 pandemic, April 28, 2020. — AFP pic
Activity declined “substantially” in all industrial sectors, after edging up by 0.8 per cent in February, the institute said in a statement. A slump in auto manufacturing pushed the transportation materials category down by 35.9 per cent in March, but there were also a few exceptions to the downward trend.
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