French the central focal point of
most dreaded terrorist group and continuous attack on innocent people in France
shattered the social life. The sequence of blast to shooting and subsequently
imposition of emergency started taking toll on overall confidence of citizen as
well as Industry. The Industrial production went down by 0.5% in May followed
by strike by Oil and Refinery sector because of Oil sector transformation. The
fall in industrial production of coking and refinery sector coupled with food
industry led the overall fall in Industrial production by 0.8% in June. It is
also expected that the industrial production fall will continue for next few
more months before getting stable. It is very important that the sentiments of
French society overcome the shocking assaults on them and should try hard to
move forward. The fall of industrial production will lead to industrial
restructuring and subsequently may lead the country into recession which will
be major setback for EU associated countries. In my opinion, French government
will do everything to ensure that its citizen and industry sentiments goes up
and kick start the growth path gains
