French industrial output plunged dramatically in October providing yet more evidence that the eurozone’s second largest economy is heading for a sharp recession.
Industrial production contracted by 2.7 per cent month-on-month on the back of a 14.3 per cent slump in output in the auto sector, according to figures published by INSEE, the national statistical office, on Wednesday.
Industrial production contracted by 2.7 per cent month-on-month on the back of a 14.3 per cent slump in output in the auto sector, according to figures published by INSEE, the national statistical office, on Wednesday.
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