Export orders to French industry rise: official data

18th January 2013, Comments 0 comments

Orders placed with French industry were steady in November, slipping 0.1 percent, but export orders rose by 2.8 percent after a 0.4-percent rise in October, official data showed on Friday.

The overall data included orders in the auto sector but excluded transportation equipment, official data showed on Friday.

France has run a big structural trade deficit for years and is putting in place reforms to make exporters more competitive.

The statistics institute Insee which produced the data, upgraded an increase in orders in October from the September level to 1.4 percent from 1.0 percent, mainly concerning orders for the pharmaceutical, chemicals and clothing sectors.

In the three months to the end of November, orders rose by 0.4 percent from the level in the previous three months.

Orders from abroad rose by 1.8 percent. And on a 12-month comparison they rose by 1.2 percent.


© 2013 AFP

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