French Industrial Production Rebounds 0.1%

France’s industrial production increased less than expected in June after a renewed decline in May, the statistical office INSEE said Wednesday.

Industrial production rose 0.1 percent on a monthly basis in June, in contrast to the 0.1 percent decrease in May. Economists had forecast a monthly increase of 0.3 percent.

The rebound in industrial output was attributed to a 4.2 percent growth in utility sector output.

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