In June 2015, the turnover levelled off in the manufacturing industry (+0.1%)Turnover in industry and construction - June 2015

In June 2015, the turnover levelled off in the manufacturing industry (+0.1%), after a rise in May (+1.1%). However, exports grew sharply (+2.6%). In the industry as a whole, the turnover flattened out as well (+0.1%).

Every index in this issue is in value (tax excluded), 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 change and on its weight.

In June 2015, the turnover levelled off in the manufacturing industry (+0.1%), after a rise in May (+1.1%). However, exports grew sharply (+2.6%).

In the industry as a whole, the turnover flattened out as well (+0.1%).

Rise over the second quarter (+0.8%)

Over the second quarter of 2015, the turnover went up in the manufacturing industry (+0.8% q-o-q) as well as in the industry as a whole (+0.8%).

The turnover grew considerably in the manufacture of transport equipment (+4.0%), mainly in the manufacture of other transport equipment (+5.5%). It also increased albeit more moderately, in the electrical and electronic equipment; machine equipment (+1.1%) and in the manufacture of coke and refined petroleum products (+0.5%). Conversely, it fell slightly in the manufacture of food products and beverages (–0.3%). It was stable in other manufacturing, with in particular a rise in other manufacturing, including repair and installation of machinery and equipment (+0.7%) and a fall in the manufacture of basic metals and fabricated metal products (–0.5%).

Growth compared to last year (+0.6%)

In the manufacturing industry the turnover went up over the second quarter of 2015, compared to the second quarter of 2014 (+0.6%, y-o-y).

Over this period, the turnover soared in the manufacture of transport equipment (+9.8%). It also grew, more moderately, in the electrical and electronic equipment; machine equipment (+1.5%), and it rose very slightly in other manufacturing (+0.2%). On the other hand, it plummeted in the manufacture of coke and refined petroleum products (–15.6%). It went down in the manufacture of food products and beverages (–1.5%).

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 %
NA : A 10, (A 17) Weight** June/ May May/ Apr. q-o-q (1) y-o-y (2)
BE: INDUSTRY 10000 0.1 1.1 0.8 0.9
CZ: MANUFACTURING INDUSTRY 8373 0.1 1.1 0.8 0.6
Of which Exports 2731 2.6 –0.1 2.3 3.8
(C1): Manufacture of food products and beverages 1647 0.4 –0.1 –0.3 –1.5
(C2): Manufacture of coke and refined petroleum products 478 –1.5 5.1 0.5 –15.6
(C3): Electrical and electronic equipment; machine equipment 1005 –0.5 0.8 1.1 1.5
(C4): Manufacture of transport equipment 1428 1.3 3.3 4.0 9.8
(C5): Other manufacturing 3815 –0.4 0.4 0.0 0.2
DE: Mining and quarrying; energy; water supply; waste management 1627 0.6 1.3 1.1 2.9
FZ: CONSTRUCTION 10000 0.0 1.0 –0.5 –2.2
  • ** 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

New increase in transport equipment (+1.3%)

The turnover in the manufacture of transport equipment went up once more in June (+1.3%, after +3.3% in May), owed to a dramatic growth in exports (+8.8%). It climbed in the manufacture of motor vehicles, trailers and semi-trailers (+2.5%) and, more slightly, in the manufacture of other transport equipment (+0.6%).

Slight rise in food products and beverages (+0.4%)

The turnover improved in June in the manufacture of food products and beverages (+0.4%) after a near stability in May (–0.1%).

Decline in other manufacturing (–0.4%)

In June, the turnover fell back in other manufacturing (–0.4%, after +0.4%). It dropped mainly in the manufacture of rubber and plastic products, and other non-metallic mineral products (–1.1%) and in other manufacturing, including repair and installation of machinery and equipment (–0.9%). However, it grew in the manufacture of basic metals and fabricated metal products, except machinery and equipment (+0.3%).

Downturn in coke and refined petroleum products (–1.5%)

In June, the turnover dropped in the manufacture of coke and refined petroleum products (–1.5%) after a sharp rebound in May (+5.1%).

Fall in equipments (–0.5%)

The turnover in the electrical and electronic equipment; machine equipment declined in June (–0.5%), after a rise for two months in a row. It dipped in the manufacture of machinery and equipment n.e.c. (–0.9%) and in the manufacture of computer, electronic and optical products (–0.4%). It was stable in the manufacture of electrical equipment.

Revisions: –0.1 points in May in the manufacturing industry

In the manufacturing industry, the evolution of the turnover in May 2015 is revised by –0.1 points, from +1.2% to +1.1%. In the industry as a whole, the evolution in May 2015 is also revised down by –0.1 points.

IRtab8 – Indexes of turnover in industry and construction

SA-WDA, based year 2010
Indexes of turnover in industry and construction
Change in %
Industries: Weight* June 2015 June/ May May/ Apr. q-o-q (1)
BE: INDUSTRY 10000 110.7 0.1 1.1 0.8
CZ: MANUFACTURING INDUSTRY 8373 110.5 0.1 1.1 0.8
of which Exports 2731 111.0 2.6 –0.1 2.3
(C1): Man. of food products and beverages 1647 114.9 0.4 –0.1 –0.3
of which Exports 284 123.7 2.8 0.3 0.4
(C2): Man. of coke and refined petroleum products 478 102.4 –1.5 5.1 0.5
(C3): Electrical and electronic equipment; machine equipment 1005 106.7 –0.5 0.8 1.1
of which Exports 483 104.9 –0.4 0.2 0.0
[CI] Man. of computer, electronic and optical products 269 104.7 –0.4 1.1 4.1
[CJ] Man. of electrical equipment 302 101.7 0.0 1.6 0.1
[CK] Man. of machinery and equipment n.e.c. 434 111.3 –0.9 0.3 –0.1
(C4): Man. of transport equipment 1428 123.4 1.3 3.3 4.0
of which Exports 693 117.6 8.8 1.2 8.5
[CL1] Man. of motor vehicles, trailers and semi-trailers 689 99.8 2.5 2.2 1.7
[CL2] Man. of other transport equipment 739 145.8 0.6 4.0 5.5
(C5): Other manufacturing 3815 105.8 –0.4 0.4 0.0
of which Exports 1213 107.8 1.1 –1.0 0.5
[CB] Man. of textiles, wearing apparel, leather and related products 191 110.1 –0.2 0.9 0.9
[CC] Man. of wood and paper products; printing and reproduction of recorded media 427 100.6 –0.1 –0.2 –0.4
[CE] Man. of chemicals and chemical products 706 106.1 –0.3 0.4 0.0
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 322 100.4 –0.7 –1.2 –0.5
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 620 100.7 –1.1 0.6 0.0
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 900 105.9 0.3 0.3 –0.5
[CM] Other manufacturing; repair and installation of machinery and equipment 649 114.9 –0.9 1.0 0.7
DE: Mining and quarrying; energy, water supply, sewerage, waste management 1627 112.2 0.6 1.3 1.1
[BZ] Mining and quarrying 69 96.6 –2.4 2.3 0.0
[DZ] Electricity, gas, steam and air-conditioning supply 1216 115.4 1.1 1.2 1.4
[EZ] Water supply; sewerage, waste management and remediation 342 104.1 –1.0 1.6 0.1
FZ: CONSTRUCTION 10000 102.8 0.0 1.0 –0.5
  • ** 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
May/ Apr. Apr./ Mar. Mar./ Feb. Q4 2014/ Q3 2014 2014/ 2013
Industry (BE) –0.09 0.09 0.00 0.03 0.01
raw serie –0.27 0.00 0.00 0.00 0.00
SA-WDA coeff. 0.18 0.09 0.00 0.03 0.01
Manufacturing industry (CZ) –0.09 0.00 0.09 0.00 0.00
raw serie –0.09 0.00 0.00 0.00 0.00
SA-WDA coeff. 0.00 0.00 0.09 0.00 0.00
  • Foot note: in the industry, the SA-WDA evolution between April and May 2015 is revised by –0.09 points: –0.27 points is due to the raw serie's revision and +0.18 to the new calculation of the SA-WDA.
  • Source: INSEE