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In February 2012, manufacturing output strongly decreased (-1.2%) while output in total industry was stabilized by the cold spell (+0.3%)

In February 2012, manufacturing output strongly decreased in volume (-1.2%). It was almost stable in January (-0.1%).

Output increased in total industry (+0.3%) because energy consumption soared in February with the cold spell.

During the last quarter, manufacturing output decreased (-1.1%)…

During the last quarter (quarter-on-quarter change), output decreased in the manufacturing sector (-1.1%) as well as in the industry as a whole (-0.5%).

Output decreased in the “other manufacturing” (-1.2%), in the manufacture of food products and beverages (-0.8 %), in the manufacture of transport equipment ( 0.7%).

The huge decrease in the manufacture of coke and refined petroleum products (-7.2%) is due to the closing of refineries for maintenance.

…and was lower than its last year’s level by 1.6%

Manufacturing output decreased by 1.6% (y-o-y).

It decreased in the “other manufacturing“ (-2.0%), in the manufacture of transport equipment (-2.7%) and in a more sustained pace in the manufacture of electrical and electronic equipment and machine equipment (-0.4 %). It strongly decreased in the manufacture of coke and refined petroleum products (-13.1%), due to the closing of the refinery of Petite-Couronne.

Please note: all the series are adjusted for seasonal variations (SA) and the number of working days (WDA).

Monthly industrial Production indexes

Monthly industrial Production indexes

Legend : CZ : Manufacturing - (C1) : Manufacture of food products and beverages - (C3) : Electrical and electronic equipment; machine equipment - (C4) : Manufacture of transport equipment - (C5) : Other manufacturing

Sources : Insee, SSP, SOeS

Variation of the Industrial Production by activity (NA)
2005 based, SA-WDA changes in %
(1) Last three months / three same months of previous year
The codes correspond to the level of aggregation A 10 (A 17) of the "NA" aggregate classification based on NAF rev.2.
Sources : INSEE, SSP, SOeS
NA : A10, (A17) Feb. / Jan. Jan. / Dec. Quarter on quarter change Year on year change (1)
BE: INDUSTRY 0,3 0,2 –0,5 –1,7
CZ: MANUFACTURING –1,2 –0,1 –1,1 –1,6
(C1): Manufacture of food products and beverages 0,3 –0,5 –0,8 0,6
(C2): Manufacture of coke and refined petroleum products –5,1 –12,0 –7,2 –13,1
(C3): Electrical and electronic equipment; machine equipment –1,8 2,7 –0,5 –0,4
(C4): Manufacture of transport equipment 0,1 –2,5 –0,7 –2,7
(C5): Other manufacturing –1,7 0,1 –1,2 –2,0
(DE): Mining and quarrying; energy; water supply; waste management 10,2 3,0 3,2 –2,2
FZ: Construction –0,4 0,6 0,8 3,2
Variation of the Industrial Production
2005 based, SA-WDA changes in %
(1) n.e.c. : not elsewhere classifiable
(2) Main industrial groupings : definition in Commission regulation EC of 14 June 2007
Sources : Insee, SSP, SOeS
NA : A10, (A17), [A38 or A64] Feb. 2012 Feb. / Jan. Jan. / Dec. Quarter on quarter change
BE: INDUSTRY 92,1 0,3 0,2 –0,5
CZ: MANUFACTURING 90,2 –1,2 –0,1 –1,1
(C1): Man. of food products and beverages 104,4 0,3 –0,5 –0,8
(C2): Man. of coke and refined petroleum products 65,3 –5,1 –12,0 –7,2
(C3): Electrical and electronic equipment; machine equipment 91,0 –1,8 2,7 –0,5
[CI] Man. of computer, electronic and optical products 96,7 –2,3 7,7 1,3
[CJ] Man. of electrical equipment 96,5 –4,3 –0,1 –1,5
[CK] Man. of machinery and equipment n.e.c. (1) 83,5 0,0 0,7 –1,3
(C4): Man. of transport equipment 85,4 0,1 –2,5 –0,7
[CL1] Man. of motor vehicles, trailers and semi-trailers 66,9 0,1 –2,5 –1,4
[CL2] Man. of other transport equipment 123,0 –0,1 –2,5 0,1
(C5): Other manufacturing 88,6 –1,7 0,1 –1,2
[CB] Man. of textiles, wearing apparel, leather and related products 57,3 –1,5 2,8 –2,7
[CC] Man. of wood and paper products; printing and reproduction of recorded media 75,4 –0,3 –1,6 –1,1
[CE] Man. of chemicals and chemical products 113,2 –1,7 4,4 2,0
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 111,8 –0,1 0,0 –0,7
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 82,6 –6,7 0,2 –1,5
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 79,5 –1,7 0,5 –1,8
[CM] Other manufacturing; repair and installation of machinery and equipment 102,9 2,1 –3,3 –2,2
(DE): Mining and quarrying; energy; water supply; waste management 105,1 10,2 3,0 3,2
[BZ] Mining and quarrying 72,0 –21,2 –0,7 –4,4
[DZ] Electricity, gas, steam and air-conditioning supply 107,9 14,1 3,4 4,2
[EZ] Water supply; sewerage, waste management and remediation 106,2 0,1 2,7 0,1
FZ: Construction 97,4 –0,4 0,6 0,8
MIGs (2)
Capital goods 90,3 0,6 –1,0 –1,1
Intermediate goods 83,9 –4,4 1,4 –1,2
Consumer durables 83,1 –0,4 1,0 0,0
Consumer non-durables 102,3 0,4 –0,4 –0,6

Output decreased in the « other manufacturing » (-1.7%)…

Output sharply decreased in the manufacture of rubber and plastics products (-6.7%). It also decreased in the manufacture of basic metals and fabricated metal products (-1.7%), in the manufacture of chemicals and chemical products (-1.7%) and in the manufacture of textiles, wearing apparel, leather and related products (-1.5%). Meanwhile, it increased in the other manufacturing, repair and installation of machinery and equipment (+2.1%).

… in the manufacture of electrical and electronic equipment, machine equipment (-1.8%)…

Output declined in the manufacture of electrical equipment (-4.3%) and in the manufacture of computer, electronic and optical products (-2.3%), but was stable in the manufacture of machinery and equipment n.e.c. (0.0%).

… and in the manufacture of coke and refined petroleum products (-5.1%)

Since the beginning of the year, the manufacture of coke and refined petroleum products sharply decreased (-5.1 in February after -12.0% in January).

Output was almost stable in the manufacture of transport equipment (+0.1%)

Output was almost stable in the manufacture of motor vehicles, trailers and semi-trailers (+0.1%) and in the manufacture of other transport equipment (-0.1%).

Revisions: -0.33 point in January

Measure of variations’ revisions
(in point %)
Note of reading : in the manufacturing, the SA-WDA evolution between December and January is revised by -0.33 point : -0.45 is due to the raw serie's revision and 0.12 to the new calculation of the SA-WDA.
Sources : Insee, SSP, SOeS
Jan. / Dec. Dec. / Nov. Nov. / Oct. Q4 2011 / Q3 2011 2011 / 2010
Industry (BE) –0,11 –0,22 0,00 –0,11 0,06
raw serie –0,43 0,00 0,00 0,00 0,01
SA-WDA coefficient 0,32 –0,22 0,00 –0,11 0,05
Manufacturing (CZ) –0,33 –0,22 0,11 –0,18 0,02
raw serie –0,45 –0,10 0,00 –0,12 0,04
SA-WDA coefficient 0,12 –0,12 0,11 –0,06 –0,02

Informations Rapides

n° 93 - April 10, 2012

Industrial production index - February 2012

Next issue October 10, 2014 08:45 - August 2014

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