22 December 2015
2015- n° 319In October 2015, the turnover fell back in manufacturing (–1.0%) Turnover in industry and construction - October 2015
In October 2015, the turnover fell back in the manufacturing industry (–1.0%, after +0.6% in September). Exports dropped once more (–0.8%, after –1.4%). In the industry as a whole, the turnover slipped back as well (–1.0%, after +0.4%).
Every index in this issue is in value (tax excluded), seasonally and working day adjusted (SA-WDA). The commentary shows variations of subsections by decreasing contribution. The contribution of a subsection depends on the extent of the change and on its weight.
In October 2015, the turnover fell back in the manufacturing industry (–1.0%, after +0.6% in September). Exports dropped once more (–0.8%, after –1.4%).
In the industry as a whole , the turnover slipped back as well (–1.0%, after +0.4%).
Decline over the last three months (–0.8%)
Over the last three months, the turnover went down in the manufacturing industry (–0.8%) and in the industry as a whole (–0.7%).
The turnover dipped in all sectors of the manufacturing industry. It dropped sharply in the manufacture of coke and refined petroleum products (–8.0%), and in the manufacture of transport equipment (–1.1%) in spite of a rise in the manufacture of motor vehicles, trailers and semi-trailers (+1.8%). It fell to a lesser extent in other industries (–0.3%), in the manufacture of food products and beverages (–0.3%) and in the electrical and electronic equipment; machine equipment (–0.2%).
Virtual stability compared to last year (+0.1%)
The turnover in the manufacturing industry remained virtually stable over the last three months, compared to the same three months of the previous year. It grew in the industry as a whole (+0.4%) owing to the mining and quarrying; energy; water supply; waste management sector (+2.5%).
Over this period, the turnover plummeted in the manufacture of coke and refined petroleum products (–20.6%). It also went down in other manufacturing (–0.7%). Conversely, it rocketed in the manufacture of transport equipment (+8.5%) and it went up more moderately in the electrical and electronic equipment; machine equipment (+1.2%). It levelled off in the manufacture of food products and beverages (+0.1%).
graphiqueIRgraph3 – Turnover in manufacturing industry
- Source: INSEE
graphiqueIRGraph4 – Turnover in manufacturing industry by sector
- Source: INSEE
tableauIRtab5 – Variation of the turnover in industry and construction
| Change in % | |||||
|---|---|---|---|---|---|
| NA: A 10, (A 17) | Weight** | Oct./ Sep. | Sep./ Aug. | q-o-q (1) | y-o-y (2) |
| BE: INDUSTRY | 10000 | –1.0 | 0.4 | –0.7 | 0.4 |
| CZ: MANUFACTURING INDUSTRY | 8373 | –1.0 | 0.6 | –0.8 | 0.1 |
| Of which Exports | 2731 | –0.8 | –1.4 | –0.4 | 2.9 |
| (C1): Manufacture of food products and beverages | 1647 | –1.8 | 0.1 | –0.3 | 0.1 |
| (C2): Manufacture of coke and refined petroleum products | 478 | –6.7 | 0.7 | –8.0 | –20.6 |
| (C3): Electrical and electronic equipment; machine equipment | 1005 | 0.2 | 0.2 | –0.2 | 1.2 |
| (C4): Manufacture of transport equipment | 1428 | –1.4 | 1.9 | –1.1 | 8.5 |
| (C5): Other manufacturing | 3815 | –0.1 | 0.0 | –0.3 | –0.7 |
| DE: Mining and quarrying; energy; water supply; waste management | 1627 | –1.0 | –0.3 | 0.3 | 2.5 |
| FZ: CONSTRUCTION | 10000 | 0.9 | –0.6 | –1.0 | –2.4 |
- ** 10000=B...E and F
- (1) Quarter-on-quarter: last three months / previous three months
- (2) Year-on-year: last three months / same three months of previous year
- The codes correspond to different levels of aggregation of the NACE classification.
- Source: INSEE
Decline in food products and beverages (–1.8%)
In October 2015, the turnover declined sharply in the manufacture of food products and beverages (–1.8%) after a virtual stability in September (+0.1%).
Tumble in coke and refined petroleum products (–6.7%)
In October, the turnover plunged once more in the manufacture of coke and refined petroleum products (–6.7%) after a moderate rebound in September (+0.7%).
Downturn in transport equipment (–1.4%)
The turnover fell back in October in the manufacture of transport equipment (–1.4%) after a growth for two months in a row. It shrank steeply in the manufacture of other transport equipment (–2.8%). In contrast, the turnover kept on growing in the manufacture of motor vehicles, trailers and semi-trailers (+0.7%).
Near stagnation in other manufacturing (–0.1%)
The turnover was virtually stable in October in other manufacturing (–0.1%). It fell back sharply in chemicals (–1.4%). It continued to decrease, though more slightly, in the manufacture of basic metals and fabricated metal products (–0.3%) and in pharmaceuticals (–0.2 %). On the other hand, it improved again in other manufacturing: repair and installation of machinery and equipment (+0.6%) as in the manufacture of textiles, wearing apparel, leather and related products (+0.6%) and it recovered slightly in the wood, paper and printing sector (+0.3 %).
Slight rise in equipments (+0.2%)
The turnover in the electrical and electronic equipment, and machine equipment grew slightly in October, like in September (+0.2%). It picked up in the manufacture of computer, electronic and optical products (+0.7%) and in the manufacture of machinery and equipment n.e.c. (+0.4%). Conversely, it fell down in the manufacture of electrical equipment (–0.5%).
Revisions: +0.1 points in September 2015 in the manufacturing industry
In the manufacturing industry, the variation of the turnover in September 2015 has been revised upwards by 0.1 points, to +0.6%. In the industry as a whole, the variation in September 2015 has been confirmed at +0.4%.
tableauIRtab8 – Indexes of turnover in industry and construction
| Change in % | |||||
|---|---|---|---|---|---|
| Industries: | Weight* | Oct. 2015 | Oct./ Sep. | Sep./ Aug. | q-o-q (1) |
| BE: INDUSTRY | 10000 | 109.2 | –1.0 | 0.4 | –0.7 |
| CZ: MANUFACTURING INDUSTRY | 8373 | 108.8 | –1.0 | 0.6 | –0.8 |
| of which Exports | 2731 | 108.1 | –0.8 | –1.4 | –0.4 |
| (C1): Man. of food products and beverages | 1647 | 113.9 | –1.8 | 0.1 | –0.3 |
| of which Exports | 284 | 122.4 | –1.1 | –0.6 | 0.2 |
| (C2): Man. of coke and refined petroleum products | 478 | 89.1 | –6.7 | 0.7 | –8.0 |
| (C3): Electrical and electronic equipment; machine equipment | 1005 | 106.8 | 0.2 | 0.2 | –0.2 |
| of which Exports | 483 | 105.3 | 1.0 | –0.9 | –0.4 |
| [CI] Man. of computer, electronic and optical products | 269 | 104.3 | 0.7 | –0.4 | –0.4 |
| [CJ] Man. of electrical equipment | 302 | 101.1 | –0.5 | 1.0 | 0.4 |
| [CK] Man. of machinery and equipment n.e.c. | 434 | 112.4 | 0.4 | 0.0 | –0.4 |
| (C4): Man. of transport equipment | 1428 | 119.3 | –1.4 | 1.9 | –1.1 |
| of which Exports | 693 | 108.2 | –1.5 | –4.4 | 0.6 |
| [CL1] Man. of motor vehicles, trailers and semi-trailers | 689 | 99.6 | 0.7 | 2.3 | 1.8 |
| [CL2] Man. of other transport equipment | 739 | 138.1 | –2.8 | 1.7 | –3.0 |
| (C5): Other manufacturing | 3815 | 105.6 | –0.1 | 0.0 | –0.3 |
| of which Exports | 1213 | 106.7 | –1.0 | –0.7 | –0.6 |
| [CB] Man. of textiles, wearing apparel, leather and related products | 191 | 108.8 | 0.6 | 0.2 | –1.7 |
| [CC] Man. of wood and paper products; printing and reproduction of recorded media | 427 | 100.8 | 0.3 | –0.7 | 0.0 |
| [CE] Man. of chemicals and chemical products | 706 | 106.1 | –1.4 | 1.3 | –0.3 |
| [CF] Man. of basic pharmaceutical products and pharmaceutical preparations | 322 | 101.7 | –0.2 | –2.1 | 1.3 |
| [CG] Man. of rubber and plastics products, and other non-metallic mineral products | 620 | 102.0 | 0.1 | 1.1 | –0.1 |
| [CH] Man. of basic metals and fabricated metal products, except machinery and equipment | 900 | 104.3 | –0.3 | –0.8 | –0.4 |
| [CM] Other manufacturing; repair and installation of machinery and equipment | 649 | 114.3 | 0.6 | 0.5 | –1.0 |
| DE: Mining and quarrying; energy, water supply, sewerage, waste management | 1627 | 111.5 | –1.0 | –0.3 | 0.3 |
| [BZ] Mining and quarrying | 69 | 97.3 | 2.0 | –1.9 | –0.5 |
| [DZ] Electricity, gas, steam and air-conditioning supply | 1216 | 116.2 | –1.0 | 0.3 | 1.4 |
| [EZ] Water supply; sewerage, waste management and remediation | 342 | 97.8 | –1.2 | –2.4 | –3.8 |
| FZ: CONSTRUCTION | 10000 | 102.1 | 0.9 | –0.6 | –1.0 |
- ** 10000=B...E and F
- (1) Quarter-on-quarter: last three months / previous three months
- Source: INSEE
tableauIRtab7 – Measure of variations' revisions
| Sep./ Aug. | Aug./ July | July/ June | Q3 2015/ Q2 2015 | 2014/ 2013 | |
|---|---|---|---|---|---|
| Industry (BE) | 0.00 | –0.09 | 0.00 | –0.12 | –0.01 |
| raw serie | –0.11 | 0.00 | 0.00 | –0.03 | 0.00 |
| SA-WDA coeff. | 0.11 | –0.09 | 0.00 | –0.09 | –0.01 |
| Manufacturing industry (CZ) | 0.09 | –0.18 | 0.00 | –0.12 | –0.02 |
| raw serie | –0.11 | 0.00 | 0.00 | –0.03 | 0.00 |
| SA-WDA coeff. | 0.20 | –0.18 | 0.00 | –0.09 | –0.02 |
- How to read it: in the manufacturing industry, the SA-WDA evolution between August and September 2015 is revised by +0.09 points: –0.11 points are due to the raw serie's revision and +0.20 points to the new calculation of the SA-WDA coefficients.
- Source: INSEE
Documentation
Methodology (pdf,140 Ko)
Pour en savoir plus
Time series : Turnover indices (VAT)
