Informations Rapides · 30 April 2021 · n° 115
Manufacturing industry turnover fell back in February 2021 (–4.9%) Turnover in industry and construction - February 2021

In February 2021, turnover fell back in the manufacturing industry (−4.9% after +3.3) as in industry as a whole (−2.2% after +2.6%).

Export turnover declined in February (−16.0% after +14.3%).

Compared to February 2020 (last month before the first lockdown), turnover fell sharply, in the manufacturing industry (−7.4%) as in industry as a whole (−4.2%).

Informations rapides

N^o 115

Paru le :Paru le30/04/2021

Prochaine parution le : 28/08/2025 at 12:00 - June 2025

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In the following paragraphs, percentage changes by subsections are presented in descending order of their contribution to the overall percentage change of the industrial production index. The contribution of a subsection takes into account its weight and the magnitude of its evolution.

All data are corrected for seasonal and working day effects (SA-WDA).

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In February, turnover in the manufacturing industry decreased very strongly in the manufacture of transport equipment
Turnover in the manufacturing industry decreased over one year (–5.3%)
Revisions
For further information

In February 2021, turnover fell back in the manufacturing industry (−4.9% after +3.3) as in industry as a whole (−2.2% after +2.6%).

Export turnover declined in February (−16.0% after +14.3%).

Compared to February 2020 (last month before the first lockdown), turnover fell sharply, in the manufacturing industry (−7.4%) as in industry as a whole (−4.2%).

In February, turnover in the manufacturing industry decreased very strongly in the manufacture of transport equipment

In February, turnover decreased very sharply in the manufacture of transport equipment (−29.7% after +15.9%); the decline was particulary sharp in the “other transport equipment“ sector (−49.6% after +30.8%). The turnover decreased in “other manufacturing” (−0.5% after +0.7%), mainly in the manufacture of basic pharmaceutical products and pharmaceutical preparations (−10.4% after +13.9%). The turnover was virtually stable in the manufacture of machinery and equipment goods (+0.1% after +1.5%). It increased moderately in the manufacture of food products and beverages (+1.2% after +0.1%) and more sharply in the manufacture of coke and refined petroleum products (+10.2% after +8.4%).

Compared to February 2020, turnover dropped very sharply in the manufacture of transport equipment (−36.1%) and also in the manufacture of coke and refined petroleum products (−21.6%). It was virtually stable in the manufacture of food products and beverages (−0.1%) and in the manufacture of machinery and equipment goods (+0.1%), increased slightly in “other manufacturing” (+0.9%) and was in sharp rise in mining and quarrying; energy; water supply; waste management (+11.1%).

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tableauTurnover in manufacturing industry

2015 based SA-WDA

Turnover in manufacturing industry (2015 based SA-WDA)
	Manufacturing industry	Man. of food products and beverages	Man. of transport equipment	Other manufacturing
2016-01	98.72	99.46	100.1	99.89
2016-02	98.36	100.12	97.86	99.81
2016-03	98.28	100.06	101.62	98.17
2016-04	98.59	97.92	102.64	99.08
2016-05	98.38	99.12	101.52	98.54
2016-06	99.58	99.72	109.76	97.46
2016-07	98.2	100.06	99.33	98.11
2016-08	100.75	101.35	106.74	99.63
2016-09	100.94	101.83	105.2	100.26
2016-10	99.29	101.36	100.93	98.17
2016-11	103.11	102.59	108.93	102.0
2016-12	105.67	101.59	126.9	101.58
2017-01	102.21	101.18	105.95	101.3
2017-02	104.49	103.21	106.08	103.58
2017-03	109.05	103.56	132.76	104.81
2017-04	103.19	103.72	103.95	103.05
2017-05	106.33	104.93	112.85	106.03
2017-06	105.91	104.93	110.95	105.75
2017-07	106.47	104.74	113.39	105.95
2017-08	105.24	105.89	105.51	105.44
2017-09	107.5	105.79	115.95	105.74
2017-10	108.52	105.63	118.83	106.42
2017-11	109.36	105.73	119.47	107.65
2017-12	110.32	104.67	120.67	109.11
2018-01	109.21	104.69	119.56	107.64
2018-02	106.92	105.54	108.54	106.27
2018-03	109.39	106.3	119.69	107.46
2018-04	108.86	104.69	117.08	107.6
2018-05	106.51	106.54	99.71	107.67
2018-06	111.01	106.08	116.92	109.97
2018-07	108.41	105.09	112.36	107.17
2018-08	110.84	106.79	116.23	108.77
2018-09	109.46	105.13	113.89	107.46
2018-10	114.44	108.12	129.57	111.32
2018-11	110.69	107.0	117.17	109.24
2018-12	112.32	107.84	119.7	111.96
2019-01	112.1	108.05	121.14	109.87
2019-02	113.75	107.49	128.25	110.01
2019-03	113.04	105.47	126.08	110.91
2019-04	113.6	111.08	125.07	110.08
2019-05	113.84	109.48	125.98	110.99
2019-06	111.03	108.68	120.0	109.47
2019-07	112.98	109.72	128.11	109.15
2019-08	113.42	109.74	128.58	109.71
2019-09	112.69	109.32	126.68	110.04
2019-10	113.5	109.6	130.81	110.7
2019-11	111.92	109.86	124.93	109.1
2019-12	111.86	110.08	123.68	109.26
2020-01	111.6	110.72	122.26	108.99
2020-02	111.69	110.15	127.08	108.29
2020-03	92.61	106.22	83.59	91.49
2020-04	71.14	95.72	38.63	74.68
2020-05	82.64	97.16	56.13	88.19
2020-06	99.64	108.9	95.08	99.37
2020-07	99.03	110.57	87.85	100.33
2020-08	100.65	108.93	86.82	103.94
2020-09	102.43	109.31	97.55	104.6
2020-10	102.72	108.27	101.34	103.68
2020-11	102.94	107.64	94.34	106.73
2020-12	105.23	108.73	99.72	109.15
2021-01	108.7	108.81	115.59	109.89
2021-02	103.42	110.09	81.27	109.31

graphiqueTurnover in manufacturing industry

Chargement en cours — *Sources: DGFiP, INSEE*

tableauIndexes of turnover in industry and construction

SA-WDA, based year 2015

Indexes of turnover in industry and construction (SA-WDA, based year 2015)
			Change in %
Industries:	Weight (1)	Feb. 2021	Feb. 2021 / Jan. 2021	Jan. 2021 / Dec. 2020	Feb. 2021 / Feb. 2020	q-o-q (2)	y-o-y (3)
BE: INDUSTRY	10000	108.5	-2.2	2.6	-4.2	2.8	-4.1
CZ: MANUFACTURING INDUSTRY	8371	103.4	-4.9	3.3	-7.4	3.0	-5.3
of which Exports	2977	94.7	-16.0	14.3	-14.8	2.6	-7.0
(C1): Man. of food products and beverages	1809	110.1	1.2	0.1	-0.1	0.7	-1.0
of which Exports	330	107.0	-0.2	-3.9	-4.7	1.7	-2.9
(C2): Man. of coke and refined petroleum products	423	82.8	10.2	8.4	-21.6	11.1	-29.3
(C3): Machinery and equipment goods	944	108.6	0.1	1.5	0.1	2.7	-1.3
of which Exports	491	105.4	0.6	4.3	2.4	4.3	0.0
[CI] Man. of computer, electronic and optical products	286	115.5	-1.0	2.6	0.3	5.7	-2.7
[CJ] Man. of electrical equipment	225	105.4	0.3	1.4	0.0	2.7	0.3
[CK] Man. of machinery and equipment n.e.c.	433	105.8	0.7	0.8	0.0	0.6	-1.1
(C4): Man. of transport equipment	1387	81.3	-29.7	15.9	-36.1	1.1	-20.5
of which Exports	738	64.1	-49.8	55.7	-48.5	-4.2	-21.9
[CL1] Man. of motor vehicles, trailers and semi-trailers	648	103.4	-3.9	1.0	-8.4	-3.2	-6.7
[CL2] Man. of other transport equipment	739	61.9	-49.6	30.8	-55.7	5.9	-30.7
(C5): Other manufacturing	3808	109.3	-0.5	0.7	0.9	4.2	0.6
of which Exports	1367	105.2	-5.1	5.1	-1.9	5.5	-0.4
[CB] Man. of textiles, wearing apparel, leather and related products	188	105.7	0.2	-7.2	-1.5	3.6	-0.1
[CC] Man. of wood and paper products; printing and reproduction of recorded media	402	100.1	0.1	-0.6	-0.5	1.5	-0.7
[CE] Man. of chemicals and chemical products	768	104.4	-1.7	-4.0	1.1	8.2	3.5
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations	296	122.9	-10.4	13.9	2.0	5.9	1.2
[CG] Man. of rubber and plastics products, and other non-metallic mineral products	613	111.0	0.9	1.4	-0.3	0.5	-0.7
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment	867	106.3	0.8	2.2	0.5	7.4	-0.3
[CM] Other manufacturing; repair and installation of machinery and equipment	673	117.7	2.6	0.2	3.3	1.1	0.1
DE: Mining and quarrying; energy, water supply, sewerage, waste management	1629	134.7	9.8	-0.3	11.1	1.8	1.7
[BZ] Mining and quarrying	60	114.9	-2.3	1.9	-4.0	-2.0	-0.5
[DZ] Electricity, gas, steam and air-conditioning supply	1204	137.4	11.2	0.9	10.6	0.6	-0.7
[EZ] Water supply; sewerage, waste management and remediation	365	129.1	6.8	-4.3	15.5	6.5	11.3
FZ: CONSTRUCTION	10000	130.1	6.1	-2.6	10.2	0.4	3.7

(1) 10000=B...E et F
(2) Quarter-on-quarter: last three months / previous three months
(3) Year-on-year: last three months / same three months of previous year
The codes correspond to different levels of aggregation of the french aggregated classification of activites (NA 2008).
Sources: DGFiP, INSEE

Turnover in the manufacturing industry decreased over one year (–5.3%)

The industry turnover over the last three months decreased compared to that of the same three months of the previous year (−5.3% for the manufacturing industry, –4.1% for the whole industry). The drop was particularly pronounced in the manufacture of transport equipment (−20.5%) and in the manufacture of coke and refined petroleum products (−29.3%). The drop was more moderate in the manufacture of food products and beverages (−1.0%) and in the manufacture of machinery and equipment goods (−1.3%). Over this same period, turnover was in slight rise in “other manufacturing” (+0.6%) and increased moderately in mining and quarrying; energy; water supply; waste management (+1.7%).

Revisions

The percentage change of the turnover index in January 2021 in the manufacturing industry has been revised upwards at +3.3% instead of +2.9%; it has been reestimated at +2.6% instead of +2.8% in industry as a whole, compared to the previous publication.

tableauRevision of variations

(in point %)

Revision of variations ((in point %))
	Jan. / Dec.	Dec. / Nov.	Nov. / Oct.	Q4 2020 / Q3 2020	2020 / 2019
Industry (BE)	-0.13	-0.48	0.26	0.04	0.02
raw serie	-0.44	-0.18	0.17	0.03	0.02
SA-WDA parameters	0.31	-0.30	0.09	0.01	0.00
Manufacturing industry (CZ)	0.40	-0.38	0.30	0.10	0.02
raw serie	0.42	-0.22	0.20	0.03	0.02
SA-WDA parameters	-0.02	-0.16	0.10	0.07	0.00

How to read it: in the manufacturing, the SA-WDA variation between December 2020 and January 2021 is revised by +0.40 points: +0.42 points are due to the raw series revision and -0.02 points to the new calculation of the SA-WDA parameters.
Sources: DGFiP, INSEE