France's machine tool output fell by 4.3% in September 2011

The French National Bureau of Statistics announced on Tuesday that France’s industrial output fell more than expected in September, and that most major industries’ output fell.

The data showed that France’s monthly output of industrial output in September stopped in the first two months of the month before rebounding, falling by 1.7%. The market is expected to decline by 0.7%, and the previous value is to rise by 0.5%. In September, the annual output of industrial output rose by 2.3%. The market is expected to increase by 3.9%, and the revised value before the increase is 4.5%.

September manufacturing output fell by 1.6% on its own month. Among them, the decline in machine tools reached 4.3%, and the output of most semi-finished products fell sharply. In the transportation industry, the output of the automobile industry fell by 7.2%, which was basically offset by the 9.1% rebound in other transport vehicles. Apparel output also rebounded, up 3.7%. Agricultural output remained stable.

Except for durable consumer goods, the monthly output of all traditional manufacturing industries fell: capital goods fell by 2.8%, intermediate products reached 2.2%, and durable consumer goods reached 3.8%.

After falling by 0.2% in August, the monthly rate of energy output fell 2.4% again in September, and the annual rate fell by 4.3%. The monthly output of the construction industry fell by 5.8%, and the annual rate dropped by 3.5%.