French industrial output slayed consensus in April, jumping 2.2% on month vs -0.6% in March and forecasts of +0.3%. Production was boosted by strong growth in the manufacture of coke and refined petroleum products (+14.7%), as well as by smaller increases in the transport-equipment industry, and the electrical and electronic equipment sector. In contrast, industrial production in Italy slipped 0.3% vs -0.9% in March.
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