23 December 2014
2014- n° 301In October 2014, the turnover went down in the manufacturing industry (–1.1%) Turnover in industry and construction - October 2014
In October 2014, the turnover fell in the manufacturing industry (–1.1%) after a rise in September (+0.5%). Exports dropped as well (–1.1%). In the industry as a whole, the turnover declined more significantly (–1.5%).
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 October 2014, the turnover fell in the manufacturing industry (–1.1%) after a rise in September (+0.5%). Exports dropped as well (–1.1%).
In the industry as a whole, the turnover declined more significantly (–1.5%).
Stability over the last three months (–0.1%)
Over the last quarter (q-o-q), the turnover levelled off in the manufacturing industry (–0.1%) as well as in the industry as a whole (+0.1%).
The turnover fell substantially in the manufacture of transport equipment (–1.8%), owed to the manufacture of other transport equipment (–4.1%). It decreased in the manufacture of coke and refined petroleum products (–1.0%) and went down slightly in the electrical and electronic equipment; machine equipment (–0.2%). It remained almost stable in the manufacture of food products and beverages (–0.1%). Conversely, it grew in other manufacturing (+0.7%), mainly in the manufacture of basic metals and fabricated metal products (+1.3%). It increased too in the mining and quarrying; energy; water supply; waste management (+1.4%).
Fall compared to last year (–1.0%)
The turnover in the manufacturing industry went down over the last three months compared to the same three months of last year (–1.0%). It fell as well in the industry as a whole (–0.9%).
Over this period, the turnover crashed in the manufacture of coke and refined petroleum products (–6.0%). It decreased in other industries (–0.8%), in the electrical and electronic equipment; machine equipment (–1.7%) and in the manufacture of transport equipment (–0.9%). It grew slightly in the manufacture of food products and beverages (+0.3%).
graphiqueIRgraph3 – Turnover in manufacturing industry
- Source: INSEE
graphiqueIRGraph4 – Turnover in manufacturing industry by sector
- Source: INSEE
tableauIRtab5 – Variation of the turnover in industry and construction
| Change in % | |||||
|---|---|---|---|---|---|
| NA: A 10, (A 17) | Weight** | Oct./ Sep. | Sep./ Aug. | q-o-q (1) | y-o-y (2) |
| BE: INDUSTRY | 10000 | –1.5 | 0.7 | 0.1 | –0.9 |
| CZ: MANUFACTURING INDUSTRY | 8373 | –1.1 | 0.5 | –0.1 | –1.0 |
| Of which Exports | 2731 | –1.1 | 2.1 | 0.8 | 0.0 |
| (C1): Manufacture of food products and beverages | 1647 | –0.6 | 1.0 | –0.1 | 0.3 |
| (C2): Manufacture of coke and refined petroleum products | 478 | –3.5 | –0.7 | –1.0 | –6.0 |
| (C3): Electrical and electronic equipment; machine equipment | 1005 | –1.3 | –0.9 | –0.2 | –1.7 |
| (C4): Manufacture of transport equipment | 1428 | –2.7 | 5.2 | –1.8 | –0.9 |
| (C5): Other manufacturing | 3815 | –0.4 | –0.7 | 0.7 | –0.8 |
| DE: Mining and quarrying; energy; water supply; waste management | 1627 | –2.7 | 1.0 | 1.4 | –0.1 |
| FZ: CONSTRUCTION | 10000 | –1.9 | 3.1 | 1.2 | 3.0 |
- ** 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
Sharp fall in transport equipment (–2.7%)
In October, the turnover dropped significantly in the manufacture of transport equipment (–2.7%) after a considerable rise in September (+5.2%). It dipped sharply in the manufacture of other transport equipment (–3.3%) as in the manufacture of motor vehicles… (–2.0%).
Drop in coke and refined petroleum products (–3.5%)
In October, the turnover went down considerably in the manufacture of coke and refined petroleum products (–3.5%) after a moderate fall in September (–0.7%).
New decline in other industries (–0.4%)
In October, the turnover went down again in other industries (–0.4%, after –0.7% in September). It fell mainly in the manufacture of basic pharmaceutical products and pharmaceutical preparations (–1.9%), in the manufacture of chemicals and chemical products (–0.7%) and in the manufacture of wood and paper products (–0.6%). Conversely, it improved in the manufacture of basic metals and fabricated metal products (+0.4%).
Another fall in equipments (–1.3%)
The turnover declined again in October in the electrical and electronic equipment; machine equipment (–1.3%, after –0.9% in September). It dropped sharply in the manufacture of machinery and equipment n.e.c. (–2.2%) and significantly in the manufacture of computer, electronic and optical products (–1.4%). On the other hand, it rebounded slightly in the manufacture of electrical equipment (+0.3%).
Decrease in food products and beverages (–0.6%)
The turnover in the manufacture of food products and beverages decreased in October (–0.6%) after a rise in September (+1.0%).
Revisions: –0.1 point in September in the manufacturing industry
In the manufacturing industry, the change of the turnover in September is revised slightly downwards, at +0.5% instead of +0.6% published previously.
tableauIRtab8 – Indexes of turnover in industry and construction
| Change in % | |||||
|---|---|---|---|---|---|
| Industries: | Weight* | Oct. 2014 | Oct./ Sep. | Sep./ Aug. | q-o-q (1) |
| BE: INDUSTRY | 10000 | 107.9 | –1.5 | 0.7 | 0.1 |
| CZ: MANUFACTURING INDUSTRY | 8373 | 108.0 | –1.1 | 0.5 | –0.1 |
| of which Exports | 2731 | 105.7 | –1.1 | 2.1 | 0.8 |
| (C1): Man. of food products and beverages | 1647 | 114.7 | –0.6 | 1.0 | –0.1 |
| of which Exports | 284 | 122.3 | –0.2 | 1.6 | 2.4 |
| (C2): Man. of coke and refined petroleum products | 478 | 115.2 | –3.5 | –0.7 | –1.0 |
| (C3): Electrical and electronic equipment; machine equipment | 1005 | 103.5 | –1.3 | –0.9 | –0.2 |
| of which Exports | 483 | 102.3 | –1.2 | 1.8 | –0.6 |
| [CI] Man. of computer, electronic and optical products | 269 | 98.9 | –1.4 | –0.5 | 1.6 |
| [CJ] Man. of electrical equipment | 302 | 99.5 | 0.3 | –2.6 | 0.7 |
| [CK] Man. of machinery and equipment n.e.c. | 434 | 109.2 | –2.2 | 0.0 | –1.8 |
| (C4): Man. of transport equipment | 1428 | 108.0 | –2.7 | 5.2 | –1.8 |
| of which Exports | 693 | 98.3 | –0.4 | 4.6 | –0.3 |
| [CL1] Man. of motor vehicles, trailers and semi-trailers | 689 | 89.9 | –2.0 | –2.9 | 1.5 |
| [CL2] Man. of other transport equipment | 739 | 124.9 | –3.3 | 11.6 | –4.1 |
| (C5): Other manufacturing | 3815 | 105.4 | –0.4 | –0.7 | 0.7 |
| of which Exports | 1213 | 106.1 | –0.4 | –0.6 | 0.9 |
| [CB] Man. of textiles, wearing apparel, leather and related products | 191 | 108.9 | 0.2 | –0.9 | 0.0 |
| [CC] Man. of wood and paper products; printing and reproduction of recorded media | 427 | 100.7 | –0.6 | –1.8 | 0.6 |
| [CE] Man. of chemicals and chemical products | 706 | 107.3 | –0.7 | 0.7 | 1.1 |
| [CF] Man. of basic pharmaceutical products and pharmaceutical preparations | 322 | 97.8 | –1.9 | –1.6 | 0.1 |
| [CG] Man. of rubber and plastics products, and other non-metallic mineral products | 620 | 101.1 | –0.3 | –1.6 | –0.4 |
| [CH] Man. of basic metals and fabricated metal products, except machinery and equipment | 900 | 106.2 | 0.4 | –0.3 | 1.3 |
| [CM] Other manufacturing; repair and installation of machinery and equipment | 649 | 112.5 | 0.0 | –0.9 | 1.3 |
| DE: Mining and quarrying; energy, water supply, sewerage, waste management | 1627 | 107.6 | –2.7 | 1.0 | 1.4 |
| [BZ] Mining and quarrying | 69 | 101.5 | –1.8 | 1.1 | –1.4 |
| [DZ] Electricity, gas, steam and air-conditioning supply | 1216 | 108.7 | –3.3 | 1.9 | 1.7 |
| [EZ] Water supply; sewerage, waste management and remediation | 342 | 104.8 | –0.9 | –2.1 | 1.0 |
| FZ: CONSTRUCTION | 10000 | 108.9 | –1.9 | 3.1 | 1.2 |
- ** 10000=B...E and F
- (1) Quarter-on-quarter: last three months / previous three months
- Source: INSEE
tableauIRtab7 – Measure of variations' revisions
| Sep./ Aug. | Aug./ July | July/ June | Q3 2014/ Q2 2014 | 2013/ 2012 | |
|---|---|---|---|---|---|
| Industry (BE) | 0.46 | 0.00 | –0.18 | 0.09 | –0.03 |
| raw serie | 0.56 | 0.00 | 0.00 | 0.16 | 0.00 |
| SA-WDA coeff. | –0.10 | 0.00 | –0.18 | –0.06 | –0.03 |
| Manufacturing industry (CZ) | –0.09 | 0.00 | 0.00 | –0.09 | –0.01 |
| raw serie | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SA-WDA coeff. | –0.09 | 0.00 | 0.00 | –0.09 | –0.01 |
- Foot note: in the manufacturing industry, the SA-WDA evolution between August and September 2014 is revised by –0.09 point, due to the new calculation of the SA-WDA.
- Source: INSEE
Documentation
Methodology (pdf,140 Ko)
Pour en savoir plus
Time series : Turnover indices (VAT)
