In March 2014, the turnover in manufacturing industry fell compared to February (–0.5%)Turnover in industry and construction - March 2014

In March 2014, the turnover went down in the manufacturing industry (–0.5%) after a rise in February (+0.7%). Exports fell as well (–1.2%). The turnover decreased slightly in the industry as a whole (–0.2%).

Informations rapides
No 128
Paru le : 28/05/2014
Prochaine parution le : 29/09/2017 at 12:00 - July 2017

Every index in this issue is in value, seasonally and working day adjusted. The commentary shows evolutions of subsections by decreasing contributions. The contribution of a subsection depends on the extent of the evolution and on its weight.

In March 2014, the turnover went down in the manufacturing industry (–0.5%) after a rise in February (+0.7%). Exports fell as well (–1.2%).

The turnover decreased slightly in the industry as a whole (–0.2%).

Rise over the last three months (+0.4%)…

Over the quarter (q-o-q), the turnover improved in the manufacturing industry (+0.4%) and levelled off in the industry as a whole (+0.1%).

The turnover went up in other manufacturing (+0.5%), thanks to a sharp increase in other manufacturing: repair and installation of machinery and equipment (+2.4%) and in the manufacture of rubber and plastic products, and other non-metallic mineral products (+1.0%). It grew in the manufacture of food products and beverages (+0.9%) and in the manufacture of coke and refined petroleum products (+1.3%). Conversely, it fell in the manufacture of transport equipments (−0.9%), owed to a decline in the manufacture of other transport equipment (−1.4%). It dipped slightly in the electrical and electronic equipment; machine equipment (–0.2%).

…and over the last year (+0.9%)

Year-on-year, the turnover rose in the manufacturing industry (+0.9%).

It climbed in other manufacturing (+1.1%), in the manufacture of transport equipment (+1.3%) and in the manufacture of food products and beverages (+0.8%). It went up slightly in the manufacture of coke and refined petroleum products (+0.3%). On the other hand, it fell in the electrical and electronic equipment; machine equipment (–0.6%).

IRgraph3 – Turnover in manufacturing industry

  • Source: INSEE

IRGraph4 – Turnover in manufacturing industry by sector

  • Source: INSEE

IRtab5 – Variation of the turnover in industry and construction

SA-WDA value, Base year 2010
Variation of the turnover in industry and construction
NA : A 10, (A 17) Weight** March/ Feb. Feb./ Jan. q-o-q (1) y-o-y (2)
BE : INDUSTRY 10000 –0.2 0.3 0.1 0.5
CZ : MANUFACTURING 8373 –0.5 0.7 0.4 0.9
Of which Exports 2731 –1.2 0.5 –0.5 –1.3
(C1): Manufacture of food products and beverages 1647 –0.6 –0.6 0.9 0.8
(C2): Manufacture of coke and refined petroleum products 478 –10.5 5.3 1.3 0.3
(C3): Electrical and electronic equipment; machine equipment 1005 –1.2 1.4 –0.2 –0.6
(C4): Manufacture of transport equipment 1428 3.8 –0.7 –0.9 1.3
(C5): Other manufacturing 3815 –0.2 0.9 0.5 1.1
DE: Mining and quarrying; energy; water supply; waste management 1627 1.5 –1.7 –1.3 –1.6
FZ: CONSTRUCTION 10000 0.5 1.5 –0.4 0.4
  • ** 10000=B...E and F
  • (1) Quarter-on-quarter: last three months / three previous months
  • (2) Year-on-year: last three months / three same months of previous year
  • The codes correspond to different levels of aggregation of the NACE classification.
  • Source: INSEE

In March 2014, the turnover plummeted in coke and refined petroleum products (–10.5%)

In March, the turnover crashed in the manufacture of coke and refined petroleum products (–10.5%), after a marked two-months rise.

Decline in equipments (–1.2%)

In March, the turnover went down in the electrical and electronic equipment; machine equipment (–1.2%) after a rise in February (+1.4%). It plunged in the manufacture of computer, electronic and optical products (–3.5%). It decreased significantly in the manufacture of machinery and equipment n.e.c. (–1.7%). Conversely, it grew in the manufacture of electrical equipment (+1.5%).

Fall in food products and beverages (–0.6%)

The turnover declined for the second month in a row in the manufacture of food products and beverages (–0.6%, the same as in February).

Slight decrease in other manufacturing (–0.2%)

The turnover fell slightly in March in other manufacturing (–0.2%) after a rise in February (+0.9%). It declined in the manufacture of chemicals and chemical products (–0.6%) and in other manufacturing: repair and installation of machinery and equipment (–0.5%). On the other hand, it rose sharply in the manufacture of basic pharmaceutical products and pharmaceutical preparations (+2.6%).

Rebound in transport equipment (+3.8%)

The turnover bounced back in the manufacture of transport equipment (+3.8%) after a fall in February (–0.7%). It soared in the manufacture of other transport equipment (+7.6%), due to a sharp rise for the domestic market whereas exports fell. But it decreased in the manufacture of motor vehicles, trailers and semi-trailers (–1.3%).

Revisions: –0.2 point in February

In the manufacturing industry, the evolution of the turnover is revised by –0.2 point (+0.7%, instead of +0.9% published previously). The main revision concerned the manufacture of other transport equipment.

IRtab8 – Indexes of turnover in industry and construction

SA-WDA, based year 2010
Indexes of turnover in industry and construction
Industries : Weight* March 2014 Mar./ Feb. Feb./ Jan. q-o-q (1)
BE: INDUSTRY 10000 109.6 –0.2 0.3 0.1
CZ: MANUFACTURING 8373 109.6 –0.5 0.7 0.4
of which Exports 2731 103.4 –1.2 0.5 –0.5
(C1): Man. of food products and beverages 1647 114.1 –0.6 –0.6 0.9
of which Exports 284 118.9 –2.6 0.5 2.2
(C2): Man. of coke and refined petroleum products 478 117.3 –10.5 5.3 1.3
(C3): Electrical and electronic equipment; machine equipment 1005 105.9 –1.2 1.4 –0.2
of which Exports 483 105.9 1.1 3.5 0.8
[CI] Man. of computer, electronic and optical products 269 96.3 –3.5 –0.3 –2.2
[CJ] Man. of electrical equipment 302 104.7 1.5 2.2 0.6
[CK] Man. of machinery and equipment n.e.c. 434 112.7 –1.7 1.9 0.5
(C4): Man. of transport equipment 1428 110.6 3.8 –0.7 –0.9
of which Exports 693 86.9 –6.4 –0.5 –5.9
[CL1] Man. of motor vehicles, trailers and semi-trailers 689 92.3 –1.3 1.6 0.0
[CL2] Man. of other transport equipment 739 127.7 7.6 –2.4 –1.4
(C5): Other manufacturing 3815 107.2 –0.2 0.9 0.5
of which Exports 1213 107.5 0.4 0.3 1.3
[CB] Man. of textiles, wearing apparel, leather and related products 191 110.6 0.2 0.9 0.4
[CC] Man. of wood and paper products; printing and reproduction of recorded media 427 102.3 –0.6 1.0 0.8
[CE] Man. of chemicals and chemical products 706 107.2 –0.6 0.2 –0.9
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 322 100.8 2.6 0.8 –1.2
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 620 106.4 0.1 0.3 1.0
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 900 106.8 –0.4 0.8 0.3
[CM] Other manufacturing; repair and installation of machinery and equipment 649 114.2 –0.5 2.7 2.4
DE: Mining and quarrying; energy, water supply, sewerage, waste management 1627 110.0 1.5 –1.7 –1.3
[BZ] Mining and quarrying 69 107.4 0.9 –3.3 0.0
[DZ] Electricity, gas, steam and air-conditioning supply 1216 112.5 1.8 –1.1 –0.8
[EZ] Water supply; sewerage, waste management and remediation 342 101.5 –0.1 –3.6 –3.4
FZ: CONSTRUCTION 10000 106.9 0.5 1.5 –0.4
  • ** 10000=B...E and F
  • (1) Quarter-on-quarter: last three months / three previous months
  • Source: INSEE

IRtab7 – Measure of variations' revisions

(in point %)
Measure of variations' revisions
Feb./ Jan. Jan./ Dec. Dec./ Nov. Q4 2013/ Q3 2013 2013/ 2012
Industry (BE) –0.27 0.00 0.09 0.00 0.00
raw serie –0.28 0.08 0.00 0.00 0.00
SA-WDA coeff. 0.00 –0.08 0.09 0.00 0.00
Manufacturing industry (CZ) –0.18 0.00 0.00 –0.06 –0.04
raw serie –0.29 0.00 0.00 0.00 0.00
SA-WDA coeff. 0.11 0.00 0.00 –0.06 –0.04
  • Foot note: in the manufacturing industry, the SA-WDA evolution between January and February 2014 is revised by –0.18 point: –0.29 point is due to the raw serie's revision and +0.11 to the new calculation of the SA-WDA.
  • Source : INSEE