10 April 2012 16:24 [Source: ICIS news]
February’s decline in chemical production came after a 4.4% increase in January from December, the l'Institut national de la statistique (Insee) said.
On a three-month sequential comparison - December-February 2011/2012 against September-November 2011 -
Meanwhile, production of plastics and rubber products fell 6.7% in February from the previous month.
Overall French manufacturing output was down 1.2% in February from January. Insee attributed January’s decline to cold weather conditions.
In January, manufacturing output fell 0.1% from December. On the three-month sequential comparison, manufacturing output was down 1.1%.
On the three month sequential comparison, overall industrial production was down 0.5%.
Compared with the three month period from December to February in 2010/2011, manufacturing output was down 1.6% year on year and overall industrial production was down 1.7% year on year.
In related news on Tuesday,
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