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France Industrial Production MoM climbed to -0.3% in August 2026, released October 2026, up 0.3% from July's -0.6% reading. The reading missed the 0.3% consensus by 0.6%. The print is running well below the 12-month average of -0.08%. Over the past 3 months, Industrial Production MoM averaged -0.15%, vs 0.55% in the prior 3-month window. The reading is in the 43rd percentile of the trailing 24-month range.
across last 12 releases
Oct 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/GBP | ▼ Inverse | −0.63 | FOREX | Moves against | → View |
| FTSE 100 | ▲ Direct | +0.50 | INDEX | Moves with | → View |
| BTC/USD | ▲ Direct | +0.39 | CRYPTO | Moves with | → View |
| DAX | ▲ Direct | +0.37 | INDEX | Moves with | → View |
| Euro STOXX 50 | ▲ Direct | +0.31 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Industrial Production MoM (France) was reported at -0.3% in October 2026. This missed the market consensus of 0.3% by 0.6%. The reading rose from the previous value of -0.6%. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged -0.05%, ranging from -0.7% to 0.8% across 10 releases. This is classified as a medium-impact indicator released on a monthly basis.
The trailing three releases averaged -0.2%, down from the prior three at -0.03%. Volatility over the past year (σ 0.47%) is lower than the prior year (σ 1.35%). In October readings over the past 3 years, Industrial Production MoM has averaged 0.13%.
Historically, this indicator is negatively correlated with EUR/GBP (Bearish EUR). A secondary relationship exists with FTSE 100, positively correlated (Bullish FTSE 100). Over the last 12 releases, the Sigmacast model's median absolute error is 0.6%.
The next release is scheduled for November 5, 2026. Same-country events in the next 14 days include S&P Global Services PMI (Oct 23) and S&P Global Composite PMI (Oct 23).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
Industrial Production MoM (Month-over-Month) is a key economic indicator that measures the change in the total output of the manufacturing, mining, and utilities sectors within a specific country or region over a one-month period. This indicator provides valuable insights into the health and growth of the industrial sector, which is a crucial component of a country's overall economic performance. It is closely monitored by investors, policymakers, and analysts as it can impact inflation, employment, and consumer spending. A positive MoM change in industrial production indicates a growing economy, while a negative change may signal a slowdown or contraction.
Manufacturing and factory-order series capture cyclical inflection earlier than aggregate output, and have outsized influence on industrial-sector equities. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
Latest reading (Aug 2026): actual -0.3 %, consensus 0.3 %. Prior reading (Jul 2026): -0.4 %. Before that (Jun 2026): 0.1 %.
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with EUR/GBP (Bearish EUR, r=-0.63) — a useful reference for forex-focused traders.
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| Thursday, October 22, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:45 | Business Confidence | 105 | 101 | 101 | 103.00 | Medium | |
| 06:45 | Business Climate Indicator | 97 | 96 | 96 | 96.50 | Low | |
| Tuesday, October 27, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:45 | Consumer Confidence | 86 | 84 | 84.50 | Medium | ||
| 07:45 | Consumer Confidence | 86 | 84 | 84.50 | Medium | ||