24 October 2014
2014- n° 245In 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%).
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** | 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.
tableauIRtab8 – 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
tableauIRtab7 – 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
Documentation
Methodology (pdf,140 Ko)
Pour en savoir plus
Time series : Turnover indices (VAT)