French industrial production likely to have grown strongly in November

French industrial production is expected to have perked up in November. In the prior two months, industrial output was dull; however, the business surveys imply that output is expected to have increased in November.

Manufacturing production is likely to have come in strong, contributing to a 1.6 percent sequential growth in the overall industrial production, according to a Societe Generale research report. Energy output might be more lacklustre.

With a constant profile, this might result in a fourth quarter rise of 0.7 percent quarter-on-quarter following a dull third quarter print. The manufacturing surveys of December continued to indicate strength.