France May production data now out 7 July

  • -0.6% prev revised down from -0.5%
  • yy 3.2% vs 1.4% exp vs 0.1% prev down from 0.6%
  • mftg production mm 2.0% vs 0.6% exp vs -1.3% prev revised down from -1.2%
  • yy 3.3% vs 1.4% exp vs 0.6% prev revised down from 1.1%

Stronger headlines albeit with downward revisions

EURUSD nudging a tad higher to 1.1414 but all very slow for the moment.

Also out:

  • May French trade balance EUR -4.886bln vs -5.1bln exp
  • current account bal EUR -2.3bln vs -2.6bln prev revised up from -3.1bln
  • budget bal YTD EUR -66.4bln vs -57.9bln prev

France industrial production mm