French industrial production rose by 0.5 percent in December from the previous month, beating forecasts, according to data from the INSEE national statistics agency. The growth in December industrial production was led by higher production in areas such as metallurgy, software and electronics goods, and it beat a Reuters forecast for growth of 0.1 percent.
INSEE also said that manufacturing output advanced by 0.3 percent in December. Official data at the end of January showed that the French economy had grown 1.9 percent over 2017 - its strongest performance since 2011. Official readings of business and consumer confidence have scaled multi-year peaks since the election of President Emmanuel Macron last May on the back of an agenda to reform the economy and help businesses.
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