30 June 2014
2014- n° 154In April 2014, the turnover in manufacturing industry levelled off compared to March
(+0.1%) Turnover in industry and construction - April 2014
In April 2014, the turnover stabilized in the manufacturing industry (+0.1%) after a slight fall in March (–0.4%). Exports rebounded (+2.1%). The turnover increased slightly in the industry as a whole (+0.3%).
Every index in this issue is in value, seasonally and working day adjusted. The commentary shows variations of subsections by decreasing contribution. The contribution of a subsection depends on the extent of the variation and on its weight.
In April 2014, the turnover stabilized in the manufacturing industry (+0.1%) after a slight fall in March (–0.4%). Exports rebounded (+2.1%).
The turnover increased slightly in the industry as a whole (+0.3%).
Rise over the last three months (+0.5%)…
Over the quarter (q-o-q), the turnover grew in the manufacturing industry (+0.5%) and fell slightly in the industry as a whole (–0.2%).
The turnover went up in other manufacturing (+0.5%), mainly in other manufacturing: repair and installation of machinery and equipment (+1.6%) and in the manufacture of basic pharmaceutical products and pharmaceutical preparations (+1.6%). It grew in the manufacture of food products and beverages (+0.9%) and in the electrical and electronic equipment; machine equipment (+0.6%). It levelled off in the manufacture of coke and refined petroleum products (+0.1%) and in the manufacture of transport equipment (–0.1%): the small rise in the manufacture of other transport equipment (+0.2%) did not balance the decline in the manufacture of motor vehicles, trailers and semi-trailers (–0.5%).
…and over the last year (+0.3%)
Year-on-year, the turnover rose moderately in the manufacturing industry (+0.3%).
It grew in other manufacturing (+1.0%) and in the manufacture of food products and beverages (+1.3%). Conversely, it declined in the manufacture of transport equipment (–1.0%) and more significantly in the manufacture of coke and refined petroleum products (–2.2%). It went down slightly in the electrical and electronic equipment; machine equipment (–0.3%).
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** | Apr./ Mar. | Mar./ Feb. | q-o-q (1) | y-o-y (2) |
| BE: INDUSTRY | 10000 | 0.3 | –0.5 | –0.2 | –0.4 |
| CZ: MANUFACTURING | 8373 | 0.1 | –0.4 | 0.5 | 0.3 |
| Of which Exports | 2731 | 2.1 | –1.0 | 0.9 | –2.0 |
| (C1): Manufacture of food products and beverages | 1647 | 2.6 | –0.9 | 0.9 | 1.3 |
| (C2): Manufacture of coke and refined petroleum products | 478 | –1.9 | –9.4 | 0.1 | –2.2 |
| (C3): Electrical and electronic equipment; machine equipment | 1005 | 1.3 | –1.2 | 0.6 | –0.3 |
| (C4): Manufacture of transport equipment | 1428 | –1.5 | 3.7 | –0.1 | –1.0 |
| (C5): Other manufacturing | 3815 | –0.4 | –0.2 | 0.5 | 1.0 |
| DE: Mining and quarrying; energy; water supply; waste management | 1627 | 0.7 | –0.6 | –3.2 | –4.0 |
| FZ: CONSTRUCTION | 10000 | 0.4 | 0.4 | 0.4 | 1.4 |
- ** 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
In April 2014, the turnover rebounded in food products and beverages (+2.6%)
In April, the turnover increased sharply in the manufacture of food products and beverages (+2.6%), after a two-months-in-a-row fall.
Rise in equipments (+1.3%)
In April, the turnover bounced back in the electrical and electronic equipment; machine equipment (+1.3%) after a decline in March (–1.2%). It soared in the manufacture of computer, electronic and optical products (+7.2%) and it increased significantly in the manufacture of machinery and equipment n.e.c. (+1.0%). Conversely, it plunged in the manufacture of electrical equipment (–2.9%).
Decline in transport equipment (–1.5%)
The turnover went down in the manufacture of transport equipment (–1.5%, after +3.7% in March), owed to the manufacture of other transport equipment (–2.7%). It stabilized in the manufacture of motor vehicles, trailers and semi-trailers (+0.1%). However, exports recovered dramatically (+9.3%)
Fall again in other manufacturing (–0.4%)
The turnover declined for the second month in a row in other manufacturing (–0.4%, after –0.2% in March). It dropped in other manufacturing: repair and installation of machinery (–0.8%), in the manufacture of basic metals and fabricated metal products (–0.3%) and in the manufacture of rubber and plastic products, and other non-metallic mineral products (–0.6%). On the other hand, it rose moderately in the manufacture of basic pharmaceutical products and pharmaceutical preparations (+0.5%).
New decrease in coke and refined petroleum products (–1.9%)
The turnover dipped again in the manufacture of coke and refined petroleum products (–1.9%, after –9.4% in March).
Revisions: +0.1 point in March
In the manufacturing industry, the evolution of the turnover is revised at –0.4%, instead of –0.5% calculated previously.
tableauIRtab8 – Indexes of turnover in industry and construction
| Change in % | |||||
|---|---|---|---|---|---|
| Industries : | Weight* | Apr. 2014 | Apr./ Mar. | Mar./ Feb. | q-o-q (1) |
| BE: INDUSTRY | 10000 | 109.4 | 0.3 | –0.5 | –0.2 |
| CZ: MANUFACTURING | 8373 | 109.7 | 0.1 | –0.4 | 0.5 |
| of which Exports | 2731 | 105.9 | 2.1 | –1.0 | 0.9 |
| (C1): Man. of food products and beverages | 1647 | 117.1 | 2.6 | –0.9 | 0.9 |
| of which Exports | 284 | 123.9 | 3.9 | –2.7 | 2.2 |
| (C2): Man. of coke and refined petroleum products | 478 | 116.9 | –1.9 | –9.4 | 0.1 |
| (C3): Electrical and electronic equipment; machine equipment | 1005 | 107.3 | 1.3 | –1.2 | 0.6 |
| of which Exports | 483 | 105.6 | –0.6 | 1.3 | 3.7 |
| [CI] Man. of computer, electronic and optical products | 269 | 103.4 | 7.2 | –3.4 | –0.9 |
| [CJ] Man. of electrical equipment | 302 | 101.6 | –2.9 | 1.5 | 1.3 |
| [CK] Man. of machinery and equipment n.e.c. | 434 | 113.6 | 1.0 | –1.7 | 0.9 |
| (C4): Man. of transport equipment | 1428 | 108.7 | –1.5 | 3.7 | –0.1 |
| of which Exports | 693 | 96.0 | 9.3 | –5.6 | –1.7 |
| [CL1] Man. of motor vehicles, trailers and semi-trailers | 689 | 92.2 | 0.1 | –1.3 | –0.5 |
| [CL2] Man. of other transport equipment | 739 | 124.0 | –2.7 | 7.4 | 0.2 |
| (C5): Other manufacturing | 3815 | 106.7 | –0.4 | –0.2 | 0.5 |
| of which Exports | 1213 | 106.8 | –0.6 | 0.4 | 0.9 |
| [CB] Man. of textiles, wearing apparel, leather and related products | 191 | 110.7 | 0.1 | 0.2 | 0.8 |
| [CC] Man. of wood and paper products; printing and reproduction of recorded media | 427 | 101.8 | –0.3 | –0.7 | 0.5 |
| [CE] Man. of chemicals and chemical products | 706 | 106.8 | –0.2 | –0.7 | –0.9 |
| [CF] Man. of basic pharmaceutical products and pharmaceutical preparations | 322 | 101.6 | 0.5 | 2.7 | 1.6 |
| [CG] Man. of rubber and plastics products, and other non-metallic mineral products | 620 | 105.6 | –0.6 | 0.1 | 0.6 |
| [CH] Man. of basic metals and fabricated metal products, except machinery and equipment | 900 | 106.3 | –0.3 | –0.4 | 0.2 |
| [CM] Other manufacturing; repair and installation of machinery and equipment | 649 | 112.9 | –0.8 | –0.9 | 1.6 |
| DE: Mining and quarrying; energy, water supply, sewerage, waste management | 1627 | 107.6 | 0.7 | –0.6 | –3.2 |
| [BZ] Mining and quarrying | 69 | 109.4 | 1.5 | 1.0 | –0.3 |
| [DZ] Electricity, gas, steam and air-conditioning supply | 1216 | 108.7 | 0.4 | –0.8 | –3.2 |
| [EZ] Water supply; sewerage, waste management and remediation | 342 | 103.0 | 1.3 | –0.1 | –3.8 |
| FZ: CONSTRUCTION | 10000 | 107.2 | 0.4 | 0.4 | 0.4 |
- ** 10000=B...E and F
- (1) Quarter-on-quarter: last three months / previous three months
- Source: INSEE
tableauIRtab7 – Measure of variations' revisions
| Mar./ Feb. | Feb./ Jan. | Jan./ Dec. | Q1 2014/ Q4 2013 | 2013/ 2012 | |
|---|---|---|---|---|---|
| Industry (BE) | –0.27 | 0.00 | –0.09 | –0.18 | –0.03 |
| raw serie | –0.65 | –0.09 | 0.00 | –0.26 | 0.00 |
| SA-WDA coeff. | 0.38 | 0.09 | –0.09 | 0.08 | –0.03 |
| Manufacturing industry (CZ) | 0.09 | –0.09 | 0.00 | –0.06 | 0.02 |
| raw serie | 0.20 | –0.10 | 0.00 | 0.00 | 0.00 |
| SA-WDA coeff. | –0.11 | 0.00 | 0.00 | –0.06 | 0.02 |
- Foot note: in the manufacturing, the SA-WDA evolution between February and March 2014 is revised by +0.09 point: +0.20 point is due to the raw serie's revision and –0.11 point to the new calculation of the SA-WDA.
- Source: INSEE
Documentation
Methodology (pdf,140 Ko)
Pour en savoir plus
Time series : Turnover indices (VAT)
