28 August 2015
2015- n° 210In 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%).
graphiqueIRgraph3 – Turnover in manufacturing industry
graphiqueIRGraph4 – Turnover in manufacturing industry by sector
tableauIRtab5 – 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.
tableauIRtab8 – 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
tableauIRtab7 – 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
Documentation
Methodology (pdf,140 Ko)
Pour en savoir plus
Time series : Turnover indices (VAT)