France isn't insulated from the global trade and industrial weakness, says
Oxford Economics following weak French industrial production and trade data in
3Q. French industrial production rose 0.3% in September, figures from statistics
showed Friday, reversing a 0.9 decline in the previous month. But over the third
quarter, French production declined 1.2% from the previous quarter, on par with
the losses seen in Germany. Nevertheless, French payrolls rose 0.3% in the
period, which according to Oxford Economics shows that the country's domestic
demand remains even more resilient than in Germany.
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