UGLY French Industrial Production Number

Francois Hollande

Just another bad European datapoint.

Dow Jones:

¬†Industrial output in the euro zone’s second-largest economy fell 0.9% in March from the previous month, Insee said. Analysts polled by Dow Jones Newswires had predicted a smaller 0.2% monthly decline.¬†

January was also revised slightly downward.

France is “core” Europe in the sense that it pays super low rates, as everyone knows that it’s in the will-not-default club.

But it’s economy looks increasingly peripheraly.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.