In September 2015, the turnover rebounded in the manufacturing industry (+0.5%)Turnover in industry and construction - September 2015

In September 2015, the turnover bounced back in the manufacturing industry (+0.5%, after –0.4% in August). However, exports fell back (–1.4%, after +1.5%). In the industry as a whole, the turnover recovered as well (+0.4%, after –0.2%).

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 September 2015, the turnover bounced back in the manufacturing industry (+0.5%, after –0.4% in August). However, exports fell back (–1.4%, after +1.5%).

In the industry as a whole , the turnover recovered as well (+0.4%, after –0.2%).

Near stability over the third quarter (–0.1%)

Over the third quarter of 2015, the turnover remained virtually stable in the manufacturing industry (–0.1%), and stable in the industry as a whole, compared to the second quarter.

Over this third quarter, the turnover grew substantially in the manufacture of food products and beverages (+1.3%). It rose slightly in the electrical and electronic equipment, and machine equipment (+0.2%). On the other hand, it dropped sharply in the manufacture of coke and refined petroleum products (–4.1%) and, more moderately, in the manufacture of transport equipment (–0.9%). It levelled off in other manufacturing (–0.1%).

Increase compared to last year (+0.6%)

The turnover in the manufacturing industry went up by +0.6% over the third quarter of 2015, compared to the same quarter of the previous year.

Over this period, the turnover rocketed in the manufacture of transport equipment (+8.7%). It also went up in the manufacture of food products and beverages (+1.4%) and more moderately in the electrical and electronic equipment, and machine equipment (+0.7%). Conversely, it slumped in the manufacture of coke and refined petroleum products (–17.9%) owing to a fall in prices, and it decreased slightly in other manufacturing (–0.4%).

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** Sep./ Aug. Aug./ July q-o-q (1) y-o-y (2)
BE: INDUSTRY 10000 0.4 –0.2 0.0 0.9
CZ: MANUFACTURING INDUSTRY 8373 0.5 –0.4 –0.1 0.6
Of which Exports 2731 –1.4 1.5 0.3 3.6
(C1): Manufacture of food products and beverages 1647 0.1 –0.7 1.3 1.4
(C2): Manufacture of coke and refined petroleum products 478 1.0 –3.8 –4.1 –17.2
(C3): Electrical and electronic equipment; machine equipment 1005 0.3 –0.7 0.2 0.7
(C4): Manufacture of transport equipment 1428 1.6 0.6 –0.9 8.7
(C5): Other manufacturing 3815 0.1 –0.3 –0.1 –0.4
DE: Mining and quarrying; energy; water supply; waste management 1627 –0.1 1.4 0.7 2.7
FZ: CONSTRUCTION 10000 –0.8 –0.2 –1.1 –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

Further rise in transport equipment (+1.6%)

In September, the turnover grew for the second month in a row in the manufacture of transport equipment (+1.6%, after +0.6% in August). This rise was due both to the manufacture of motor vehicles, trailers and semi-trailers (+2.3%) and to the manufacture of other transport equipment (+1.3%). Nevertheless, exports dropped sharply (–4.3%, after +9.8%).

Rebound in coke and refined petroleum products (+1.0%)

In September, the turnover bounced back in the manufacture of coke and refined petroleum products (+1.0%), after a decline for three months in a row.

Virtual stability in other manufacturing (+0.1%)

The turnover remained almost unchanged in September in other manufacturing (+0.1%) after a slight fall in August (–0.3%). It rebounded sharply in the manufacture of chemicals and chemical products (+1.4%) and the manufacture of rubber and plastic products (+1.1%). On the contrary, it dropped back in the manufacture of basic pharmaceutical products and pharmaceutical preparations (–2.4%), the manufacture of basic metals and fabricated metal products (–0.6%) and the manufacture of wood and paper products (–0.8%).

Near stagnation in food products and beverages (+0.1%)

The turnover was virtually stable in September in the manufacture of food products and beverages (+0.1%)

Slight rebound in equipments (+0.3%)

The turnover in the electrical and electronic equipment, and machine equipment rebounded slightly in September (+0.3%, after –0.7% in August). It rose in the manufacture of electrical equipment (+0.9%) and in the manufacture of computer, electronic and optical products (+0.2%). It levelled off in the manufacture of machinery and equipment n.e.c. .

Revisions : +0.1 points in August in the manufacturing industry

In the manufacturing industry, the variation of the turnover in August 2015 has been revised upwards by 0.1 points, to –0.4%. In the industry as a whole, the variation in August 2015 has been confirmed at –0.2%.

IRtab8 – Indexes of turnover in industry and construction

SA-WDA, based year 2010
Indexes of turnover in industry and construction
Change in %
Industries: Weight* Sep. 2015 Sep./ Aug. Aug./ July q-o-q (1)
BE: INDUSTRY 10000 110.5 0.4 –0.2 0.0
CZ: MANUFACTURING INDUSTRY 8373 110.1 0.5 –0.4 –0.1
of which Exports 2731 109.2 –1.4 1.5 0.3
(C1): Man. of food products and beverages 1647 116.2 0.1 –0.7 1.3
of which Exports 284 123.9 –0.6 –0.3 2.3
(C2): Man. of coke and refined petroleum products 478 96.6 1.0 –3.8 –4.1
(C3): Electrical and electronic equipment; machine equipment 1005 106.7 0.3 –0.7 0.2
of which Exports 483 104.6 –0.7 –0.6 0.0
[CI] Man. of computer, electronic and optical products 269 104.1 0.2 –0.5 0.0
[CJ] Man. of electrical equipment 302 101.5 0.9 0.7 –0.1
[CK] Man. of machinery and equipment n.e.c. 434 111.9 0.0 –1.6 0.4
(C4): Man. of transport equipment 1428 121.3 1.6 0.6 –0.9
of which Exports 693 110.1 –4.3 9.8 –0.9
[CL1] Man. of motor vehicles, trailers and semi-trailers 689 98.5 2.3 4.7 –1.8
[CL2] Man. of other transport equipment 739 143.1 1.3 –2.0 –0.3
(C5): Other manufacturing 3815 105.8 0.1 –0.3 –0.1
of which Exports 1213 108.0 –0.8 –1.1 1.3
[CB] Man. of textiles, wearing apparel, leather and related products 191 108.2 0.2 –1.9 –1.0
[CC] Man. of wood and paper products; printing and reproduction of recorded media 427 100.4 –0.8 0.4 –0.1
[CE] Man. of chemicals and chemical products 706 107.9 1.4 –1.7 1.1
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 322 101.9 –2.4 2.6 1.2
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 620 101.7 1.1 –1.4 0.1
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 900 105.0 –0.6 1.2 –0.5
[CM] Other manufacturing; repair and installation of machinery and equipment 649 113.5 0.4 –1.1 –1.2
DE: Mining and quarrying; energy, water supply, sewerage, waste management 1627 112.9 –0.1 1.4 0.7
[BZ] Mining and quarrying 69 95.1 –1.9 1.4 –1.6
[DZ] Electricity, gas, steam and air-conditioning supply 1216 117.8 0.6 1.9 1.7
[EZ] Water supply; sewerage, waste management and remediation 342 99.2 –2.3 –0.7 –2.6
FZ: CONSTRUCTION 10000 100.9 –0.8 –0.2 –1.1
  • ** 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
Aug./ July July/ June June/ May Q2 2015/ Q1 2015 2014/ 2013
Industry (BE) 0.00 0.00 0.09 0.03 0.00
raw serie 0.09 0.00 0.00 0.00 0.00
SA-WDA coeff. –0.09 0.00 0.09 0.03 0.00
Manufacturing industry (CZ) 0.09 0.09 0.00 –0.03 0.01
raw serie 0.00 0.00 0.00 0.00 0.00
SA-WDA coeff. 0.09 0.09 0.00 –0.03 0.01
  • How to read it: in the industry as a whole, the SA-WDA variation between July and August 2015 is unchanged overall, the revision of raw data (+0.09 points) being offset by the revision due to the new calculation of the SA-WDA (-0.09 points).
  • Source: INSEE