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    French Textile And Garment Industry Decreased By 2.2% In October

    2010/12/16 10:54:00 61

    French Textile And Garment Industry


    French statistical and Economic Research Institute (INSEE) released the monthly statistical results on the same day, showing that in October, French industrial production

    Chain ratio

    A drop of 0.8% was significantly lower than the expected growth rate of +0.3%, which was widely recognized by economists.


    Analysts believe that led to October

    French industry

    The main reason for the "unexpected" fall is the repeated strikes by the major trade union organizations in protest against the reform of the government retirement system. For example, in October, the industrial production fell by 56.5%, and the chemical industry dropped by 3%.

    Textile and clothing

    Industry dropped by 2.2%.

    However, in October, the motor vehicle production rose by 4.2%.

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