In May 2014, the turnover in manufacturing industry dropped compared to April (–1.4%)Turnover in industry and construction - May 2014

In May 2014, the turnover fell sharply in the manufacturing industry (–1.4%) after a slight decrease in April (–0.2%). Exports plunged even more (–3.0%). The turnover dropped in the industry as a whole (–1.1%).

Every index in this issue is in value, seasonally and working day adjusted. Bridging days (Fridays 2nd, 9th and 30th May) were considered like normal working days for SA-WDA treatment. 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 May 2014, the turnover fell sharply in the manufacturing industry (–1.4%) after a slight decrease in April (–0.2%). Exports plunged even more (–3.0%).

The turnover dropped in the industry as a whole (–1.1%).

Decline over the last three months (–0.7%)…

Over the quarter (q-o-q), the turnover dipped in the manufacturing industry (–0.7%) as in the industry as a whole (–1.1%).

The turnover went down in other manufacturing (–1.1%), mainly in the manufacture of basic metals and fabricated metal products (–1.7%) and in the manufacture of chemicals and chemical products (–1.8%). It dropped in the manufacture of coke and refined petroleum products (–3.9%) and in the electrical and electronic equipment; machine equipment (–1.3%). Conversely, it grew in the manufacture of transport equipment (+1.4%) owed to a sharp rise in the manufacture of other transport equipment (+4.3%). It stabilized in the manufacture of food products and beverages (0.0%).

…and over the last year (–0.5%)

Year-on-year, the turnover declined in the manufacturing industry (–0.5%).

Over this period, the turnover dipped in the manufacture of coke and refined petroleum products (–4.2%) and in the electrical and electronic equipment; machine equipment (–1.8%); it fell slightly in other manufacturing (–0.3%). On the contrary, it rose in the manufacture of food products and beverages (+0.6%) and, slightly, in the manufacture of transport equipment (+0.2%).

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
Change in %
Nace classification Weight** May/ Apr. Apr./ Mar. q-o-q (1) y-o-y (2)
BE: INDUSTRY 10000 –1.1 –0.2 –1.1 –1.1
CZ: MANUFACTURING 8373 –1.4 –0.2 –0.7 –0.5
Of which Exports 2731 –3.0 1.9 –0.1 –2.8
(C1): Manufacture of food products and beverages 1647 –2.7 2.5 0.0 0.6
(C2): Manufacture of coke and refined petroleum products 478 7.0 –3.3 –3.9 –4.2
(C3): Electrical and electronic equipment; machine equipment 1005 –2.7 0.9 –1.3 –1.8
(C4): Manufacture of transport equipment 1428 –0.2 –1.9 1.4 0.2
(C5): Other manufacturing 3815 –2.0 –0.6 –1.1 –0.3
DE: Mining and quarrying; energy; water supply; waste management 1627 0.1 –0.3 –3.7 –4.5
FZ: CONSTRUCTION 10000 –0.5 0.3 0.4 1.5
  • ** 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 the previous year
  • The codes correspond to different levels of aggregation of the NACE classification.
  • Source: INSEE

In May 2014, the turnover fell sharply in other manufacturing (–2.0%)

In May, the turnover decreased notably in other manufacturing for the third month in a row (–2.0%, after –0.6% in April and –0.5% in March). It declined in all sectors, mainly in the manufacture of rubber and plastic products, and other non-mineral products (–3.5%), in the manufacture of basic metals and fabricated metal products (–1.8%) and in the manufacture of chemicals and chemical products (–1.9%).

Considerable fall in food products (–2.7%)…

In May, the turnover plummeted in the manufacture of food products and beverages (–2.7%) after a substantial rise in April (+2.5%).

…and in equipment (–2.7%)

The turnover went down considerably in the electrical and electronic equipment; machine equipment (–2.7%), after a growth in April (+0.9%). It plunged in the manufacture of computer, electronic and optical products (–5.1%) and in the manufacture of electrical equipment (–3.2%). It dropped in the manufacture of machinery and equipment n.e.c. (–1.2%).

Slight fall in transport equipment (–0.2%)

The turnover went down slightly in the manufacture of transport equipment (–0.2%) after a sharp decrease in April (–1.9%). It declined significantly in the manufacture of motor vehicles, trailers and semi-trailers (–2.0%). Conversely, it climbed in the manufacture of other transport equipment (+1.1%). Exports fell dramatically (–3.4%).

Rebound in coke and refined petroleum products (+7.0%)

The turnover recovered dramatically in the manufacture of coke and refined petroleum products (+7.0%) after a two-month-in-a-row fall.

Revisions: –0.3 point in April

In the manufacturing industry, the change of the turnover is revised at –0.2%, instead of +0.1% calculated previously.

IRtab8 – Indexes of turnover in industry and construction

SA-WDA, based year 2010
Indexes of turnover in industry and construction
Change in %
Nace classification Weight* May 2014 May/ Apr. Apr./ Mar. q-o-q (1)
BE: INDUSTRY 10000 107.5 –1.1 –0.2 –1.1
CZ: MANUFACTURING 8373 107.6 –1.4 –0.2 –0.7
of which Exports 2731 102.2 –3.0 1.9 –0.1
(C1): Man. of food products and beverages 1647 113.7 –2.7 2.5 0.0
of which Exports 284 116.1 –5.9 3.8 –1.0
(C2): Man. of coke and refined petroleum products 478 124.2 7.0 –3.3 –3.9
(C3): Electrical and electronic equipment; machine equipment 1005 103.5 –2.7 0.9 –1.3
of which Exports 483 100.7 –3.5 –1.2 1.3
[CI] Man. of computer, electronic and optical products 269 97.4 –5.1 6.7 –2.1
[CJ] Man. of electrical equipment 302 98.1 –3.2 –2.9 –0.7
[CK] Man. of machinery and equipment n.e.c. 434 111.1 –1.2 0.2 –1.3
(C4): Man. of transport equipment 1428 107.8 –0.2 –1.9 1.4
of which Exports 693 92.8 –3.4 9.0 –1.0
[CL1] Man. of motor vehicles, trailers and semi-trailers 689 89.6 –2.0 –0.4 –2.4
[CL2] Man. of other transport equipment 739 124.8 1.1 –2.9 4.3
(C5): Other manufacturing 3815 103.9 –2.0 –0.6 –1.1
of which Exports 1213 103.7 –2.4 –0.6 –0.3
[CB] Man. of textiles, wearing apparel, leather and related products 191 109.2 –1.1 0.0 0.2
[CC] Man. of wood and paper products; printing and reproduction of recorded media 427 99.8 –1.4 –0.5 –1.1
[CE] Man. of chemicals and chemical products 706 104.4 –1.9 –0.4 –1.8
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 322 98.5 –2.5 0.3 1.9
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 620 101.2 –3.5 –0.8 –1.8
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 900 103.2 –1.8 –0.6 –1.7
[CM] Other manufacturing; repair and installation of machinery and equipment 649 110.9 –1.4 –0.9 –0.7
DE: Mining and quarrying; energy, water supply, sewerage, waste management 1627 106.5 0.1 –0.3 –3.7
[BZ] Mining and quarrying 69 104.2 –3.1 0.3 –2.3
[DZ] Electricity, gas, steam and air-conditioning supply 1216 107.9 0.6 –0.7 –4.1
[EZ] Water supply; sewerage, waste management and remediation 342 102.2 –0.8 1.3 –2.3
FZ: CONSTRUCTION 10000 106.6 –0.5 0.3 0.4
  • ** 10000=B...E and F
  • (1) Quarter-on-quarter: last three months / previous three months
  • Source: INSEE

IRtab7 – Measure of variations' revisions

(in point %)
Measure of variations' revisions
Apr./ Mar. Mar./ Feb. Feb./ Jan. Q1 2014/ Q4 2013 2013/ 2012
Industry (BE) –0.46 0.00 –0.09 –0.12 –0.02
raw serie –0.27 0.00 0.00 0.00 0.00
SA-WDA coeff. –0.19 0.00 –0.09 –0.12 –0.02
Manufacturing industry (CZ) –0.27 –0.09 –0.09 –0.18 –0.04
raw serie 0.00 –0.20 0.10 0.00 0.00
SA-WDA coeff. –0.27 0.11 –0.19 –0.18 –0.04
  • Foot note: in the manufacturing industry, the SA-WDA change between March and April 2014 is revised by –0.27 point, owed to the recalculation of the SA-WDA coefficients.
  • Source: INSEE