French metal manufacturing turnover down 1.5% in Q2 from Q1

Tuesday, 04 September 2012 12:21:18 (GMT+3)   |  
       

In June this year, the turnover in France's manufacturing industry decreased by 1.1 percent compared to the previous month, following a stable turnover rate recorded in May, according to France's National Institute of Statistics and Economic Studies (INSEE). Meanwhile, exports of France's manufacturing sector decreased by 2.6 percent month on month in June, after the strong 5.1 percent rise registered in May compared to April.

In the second quarter of 2012, the turnover in the country's manufacturing industry fell by 0.7 percent compared to the first quarter of the year and increased by 0.7 percent compared to the same quarter of 2011.

In June 2012, the turnover of French metal and metal product manufacturing fell by 2.5 percent as compared to the previous month. Meanwhile, a seven percent month-on-month decrease was recorded in the turnover in manufacture of motor vehicles, trailers and semi-trailers. In June, the turnover in the country's automobile industry remained more or less stable, with a month-on-month decrease of 0.1 percent, while the turnover for the construction industry remained unchanged compared to the previous month.

Meanwhile, in the second quarter the turnover in France's metal and metal product manufacturing fell by 1.5 percent compared to the first quarter. In the second quarter the turnover in the automobile industry and in manufacture of motor vehicles, trailers and semi-trailers fell by three percent and 2.1 percent respectively, both on quarter-on-quarter basis. The turnover for the construction industry fell by 0.6 percent in the period in question, compared to the previous quarter.


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