28 May 2014
2014- n° 128In 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%).
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%).
graphiqueIRgraph3 – Turnover in manufacturing industry
graphiqueIRGraph4 – Turnover in manufacturing industry by sector
tableauIRtab5 – 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.
tableauIRtab8 – 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
tableauIRtab7 – 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
Documentation
Methodology (pdf,140 Ko)
Pour en savoir plus
Time series : Turnover indices (VAT)