Industrial production in France fell unexpectedly in March, declining -0.30%, according to data from statistics agency Insee on Tuesday. Weaker output in manufacturing, transport and food were the main drags on the metric. The decline fell below analyst expectations of a 0.50% increase. February's industrial production numbers were also revised lower to 1.00% from 1.30%. The same statistic in Germany was also weaker, falling -1.30% and extending declines of -0.50% from February. On a year over year basis, German industrial production grew at a pace of 0.30%, slowing from the 1.30% witnessed in February.
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Daily Analysis - 11/05/2016