French industrial production increased 0.2% MoM (vs 0.0% MoM expected) in November after two months of declines and was down -0.9% YoY. Manufacturing production was up 0.2% MoM but down -1.4% YoY.

Manufacturing of transport equipment saw a strong 3.8% MoM increase but was ultimately still weak compared to last year, down -5.3% YoY. Broadly, other sectors saw low to no growth or a deterioration in production, especially food products (-0.7% MoM) and machinery (-0.7% MoM).