In August 2014, the turnover in manufacturing industry rose slightly (+0.2%)Turnover in industry and construction - August 2014

In August 2014, the turnover went up slightly in the manufacturing industry (+0.2%) after a sharp fall in July (–1.3%), in spite of a new decline in exports (–0.9%). The turnover also grew in the industry as a whole (+0.5%).

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 August 2014, the turnover went up slightly in the manufacturing industry (+0.2%) after a sharp fall in July (–1.3%), in spite of a new decline in exports (–0.9%).

The turnover also grew in the industry as a whole (+0.5%).

Slight rise over the last three months (+0.3%)

Over the last quarter (q-o-q), the turnover increased in the manufacturing industry (+0.3%) as well as in the industry as a whole (+0.4%).

The turnover rose in other manufacturing (+0.4%), mainly in the manufacture of chemicals and chemical products (+1.1%) and in the manufacture of basic metals and fabricated metal products (+0.7%). It also went up in the electrical and electronic equipment; machine equipment (+0.5%) and in the manufacture of food products and beverages (+0.3%). On the other hand, it dropped in the manufacture of coke and refined petroleum products (–0.9%). It remained stable in the manufacture of transport equipment (0.0%): the rise in the manufacture of motor vehicles, trailers and semi-trailers (+1.1%) was balanced by the decline in the manufacture of other transport equipment (–0.8%).

Slight fall compared to last year (–0.3%)

Year-on-year, the turnover fell slightly in the manufacturing industry (–0.3%).

Over this period, the turnover slumped in the manufacture of coke and refined petroleum products (–5.7%) and slid in the electrical and electronic equipment; machine equipment (–1.0%). Conversely, it climbed in the manufacture of food products and beverages (+0.9%). It levelled off in the manufacture of transport equipment (–0.1%) and in other industries (0.0%).

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** Aug./ July July/ June q-o-q (1) y-o-y (2)
BE: INDUSTRY 10000 0.5 –1.2 0.4 –0.3
CZ: MANUFACTURING INDUSTRY 8373 0.2 –1.3 0.3 –0.3
Of which Exports 2731 –0.9 –1.0 1.2 –0.4
(C1): Manufacture of food products and beverages 1647 0.1 –2.1 0.3 0.9
(C2): Manufacture of coke and refined petroleum products 478 4.4 –3.3 –0.9 –5.7
(C3): Electrical and electronic equipment; machine equipment 1005 0.1 1.0 0.5 –1.0
(C4): Manufacture of transport equipment 1428 –3.1 –3.4 0.0 –0.1
(C5): Other manufacturing 3815 0.9 –0.3 0.4 0.0
DE: Mining and quarrying; energy; water supply; waste management 1627 2.3 –1.3 0.9 –0.4
FZ: CONSTRUCTION 10000 –0.1 –1.3 0.7 2.4
  • ** 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 August 2014, the turnover plunged in transport equipment (–3.1%)

In August, the turnover decreased sharply for the second month in a raw in the manufacture of transport equipment (–3.1%, after –3.4% in July), owed to a dramatic drop in the manufacture of other transport equipment (–9.1%), in spite of a sharp rebound in the manufacture of motor vehicles, trailers and semi-trailers (+5.9%, after –3.6% in July).

Rise in other industries (+0.9%)

In August, the turnover grew in other industries (+0.9%) after a slight fall in July (–0.3%). It rose in all sectors, mainly in the other manufacturing; repair and installation of machinery and equipment (+1.6%), the manufacture of wood and paper products; printing and reproduction of recorded media (+1.9%), the manufacture of basic metals and fabricated metal products (+0.8%) and the manufacture of rubber and plastics products, and other non-metallic mineral products (+0.8%).

Rebound in coke and refined petroleum (+4.4%)

In August, the turnover bounced back in the manufacture of coke and refined petroleum products (+4.4%).

Stability in food products and beverages (+0.1%)…

In August, the turnover flattened out in the manufacture of food products and beverages (+0.1%), after a significant fall in July (-2.1%).

…and in equipments (+0.1%)

The turnover levelled off in August in the electrical and electronic equipment; machine equipment (+0.1%) after a rise for two months in a row. It grew in the manufacture of computer, electronic and optical products (+1.5%) and more slightly in the manufacture of electrical equipment (+0.3%). Conversely, it declined in the manufacture of machinery and equipment n.e.c. (–0.9%)

Revisions: –0.2 point in July

In the manufacturing industry, the change of the turnover in July is revised at –1.3%, instead of –1.1% calculated previously.

IRtab8 – Indexes of turnover in industry and construction

SA-WDA, based year 2010
Indexes of turnover in industry and construction
Change in %
Industries: Weight* Aug. 2014 Aug./ July July/ June q-o-q (1)
BE: INDUSTRY 10000 108.9 0.5 –1.2 0.4
CZ: MANUFACTURING INDUSTRY 8373 108.8 0.2 –1.3 0.3
of which Exports 2731 104.4 –0.9 –1.0 1.2
(C1): Man. of food products and beverages 1647 114.4 0.1 –2.1 0.3
of which Exports 284 120.3 0.3 –0.1 0.3
(C2): Man. of coke and refined petroleum products 478 120.7 4.4 –3.3 –0.9
(C3): Electrical and electronic equipment; machine equipment 1005 106.3 0.1 1.0 0.5
of which Exports 483 101.5 –3.4 1.1 –0.4
[CI] Man. of computer, electronic and optical products 269 100.7 1.5 1.1 0.5
[CJ] Man. of electrical equipment 302 102.1 0.3 3.2 –0.4
[CK] Man. of machinery and equipment n.e.c. 434 112.6 –0.9 –0.6 1.2
(C4): Man. of transport equipment 1428 105.6 –3.1 –3.4 0.0
of which Exports 693 93.7 –0.3 –7.9 3.4
[CL1] Man. of motor vehicles, trailers and semi-trailers 689 94.8 5.9 –3.6 1.1
[CL2] Man. of other transport equipment 739 115.6 –9.1 –3.3 –0.8
(C5): Other manufacturing 3815 106.7 0.9 –0.3 0.4
of which Exports 1213 107.1 –0.4 1.4 1.0
[CB] Man. of textiles, wearing apparel, leather and related products 191 109.6 0.8 –1.4 –0.3
[CC] Man. of wood and paper products; printing and reproduction of recorded media 427 103.8 1.9 0.2 1.1
[CE] Man. of chemicals and chemical products 706 107.6 0.4 –0.1 1.1
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 322 101.4 0.5 1.5 0.3
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 620 103.3 0.8 –1.4 –0.4
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 900 106.2 0.8 0.0 0.7
[CM] Other manufacturing; repair and installation of machinery and equipment 649 113.5 1.6 –0.4 0.1
DE: Mining and quarrying; energy, water supply, sewerage, waste management 1627 109.6 2.3 –1.3 0.9
[BZ] Mining and quarrying 69 103.0 –0.9 –1.1 –1.7
[DZ] Electricity, gas, steam and air-conditioning supply 1216 110.1 2.7 –2.0 0.2
[EZ] Water supply; sewerage, waste management and remediation 342 108.9 1.2 1.3 4.3
FZ: CONSTRUCTION 10000 107.3 –0.1 –1.3 0.7
  • * 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
July/ June June/ May May/ Apr. Q2 2014/ Q1 2014 2013/ 2012
Industry (BE) 0.18 0.09 0.00 0.12 0.01
raw serie 0.45 0.00 0.00 0.00 0.00
SA-WDA coeff. –0.27 0.09 0.00 0.12 0.01
Manufacturing industry (CZ) –0.18 0.09 0.00 0.03 0.00
raw serie –0.09 0.00 0.00 0.00 0.00
SA-WDA coeff. –0.09 0.09 0.00 0.03 0.00
  • Foot note: in the manufacturing industry, the SA-WDA evolution between June and July 2014 is revised by –0.18 point: –0.09 point is due to the raw serie's revision and –0.09 to the new calculation of the SA-WDA.
  • Source : INSEE