10 August 2012 15:34 [Source: ICIS news]
The National Institute of Statistics and Economic Studies (INSEE) said that
For the second quarter, manufacturing output was down 1.2% from the first quarter. Compared with the 2011 second quarter, manufacturing output was down 3.1% year on year, INSEE said.
Chemical production decreased 1.1% in June from May, following a 0.4% decline in May from April. For the three months ended 30 June, production of chemicals and chemical products was up 0.3% compared with the first quarter of 2012.
INSEE’s production index for chemicals and chemical products stands at 112.4 points in June. The index’s base is set at 100.0 for the year 2005.
Paul Hodges studies key influences shaping the chemical industry in his Chemicals and the Economy Blog
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