Going Up

French politics may be subject to ups and downs, but French production is going in one direction--up. In May the official index for industrial production climbed to an alltime high of 158 (on a scale in which 1938 production is 100). Automobile output in April rose 33%, textiles 11%, chemicals 20%, electricity 15% over the same month in 1953. Altogether France's total industrial output is nearly 8.2% higher than a year ago. The difficulty is that higher production has yet to reflect itself in substantially lower prices or higher wages for the average Frenchman.

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