24 July 2020

2020- n° 187

In May 2020, the turnover recovered in the manufacturing industry (+16.5%) Turnover in industry and construction - May 2020

In May 2020, the turnover recovered in the manufacturing industry (+16.5% after −23.1%) as in industry as a whole (+13.9% after −21.0%).

Export turnover rebounded (+8.8% after −31.4%).

Compared to February (last month before the start of containment), the turnover fell in the manufacturing industry (−25.7%) as in industry as a whole (−22.6%).

The turnover in “other manufacturing” recovered (+19.4% after −18.4%) in all subsections, except in the manufacture of chemicals and chemical products and pharmaceutical preparations, where the level remained high (−3.3%). In the manufacture of transport equipment, the turnover bounced back (+44.1% after −53.6%), especially in automotive industry after a very low point in april (+121.0% after −67.8%). It bounced back also in the manufacture of machinery and equipment goods (+20.8% after −22.7%), in the manufacture of food products and beverages (+2.2% after −9.7%) and in the manufacture of coke and refined petroleum products (+10.4% after −44.0%).

Compared to February, the turnover remained very low in the manufacture of “other manufacturing” (−54.6%), in automotive industry (−57.1%) and in the manufacture of coke and refined petroleum products (−53.3%). The fall was also marked in the manufacture of basic metals and fabricated metal products (−28.5%), in "Other manufacturing; repair and installation of machinery and equipment" (−19.3%), in the manufacture of rubber and plastics products, and other non-metallic mineral products (−19.2%), in the manufacture of computer, electronic and optical products (−22.6%) and in the manufacture of electrical equipment (−24.0%). Compared to February, the decrease was less pronounced in the manufacture of food products and beverages (−11.3%), in mining and quarrying; energy; water supply; waste management (−7.9%), in the manufacture of basic pharmaceutical products and pharmaceutical preparations (−4.8%) and in the manufacture of textiles, wearing apparel, leather and related products (−3.5%), due to a very strong rebound in May for the latter.

Over the last three months, the turnover declined sharply in the manufacturing industry (−26.4%) as in industry as a whole (−23.3%), compared to the previous three months. Within manufacturing, the turnover decreased sharply in “other manufacturing” (−21.8%), in the manufacture of transport equipment (−52.0%), in the manufacture of machinery and equipment goods (−25.9%) and in the manufacture of coke and refined petroleum products (−45.8%). The decrease was less pronounced in the manufacture of food products and beverages (−9.6%).

The turnover over the last three months fell compared to the same three months of the previous year in the manufacturing industry (−27.6%) as well as in industry as a whole (–24.4%). Over the same period, the turnover fell mainly in “other manufacturing” (−23.3%), in the manufacture of transport equipment (−52.5%), in the manufacture of machinery and equipment goods (−28.6%), and in the manufacture of coke and refined petroleum products (−51.4%). The decline was less pronounced in mining and quarrying; energy; water supply; waste management (−9.4%) and in the manufacture of food products and beverages (−8.2%).

The variation of the turnover index in March 2020 has been reestimated at −23.1% instead of −22.9% in the manufacturing industry and at −21.0% instead of −21.1% in industry as a whole.