10 April 2015
2015- n° 83In February 2015, manufacturing output was stable Industrial production index - February 2015
In February 2015, output was stable in the manufacturing industry (0.0%, after –0.3% in January), as well as in the industry as a whole (0.0% after +0.3% in January).
Please note: all the series are seasonally (SA) and working-day adjusted (WDA).
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 February 2015, output was stable in the manufacturing industry (0.0%, after –0.3% in January), as well as in the industry as a whole (0.0% after +0.3% in January).
Manufacturing output rose over the last three months (+0.6%)
Over the last three months, output rose in the manufacturing sector (+0.6% q-o-q) and more strongly in the industry as a whole (+1.3%, q-o-q).
Output improved in mining, quarrying, energy and water supply (+4.3%), in other manufacturing (+0.7%), in the manufacture of transport equipment (+2.4%) and in the manufacture of coke and refined petroleum products (+3.4%). It remained stable in the manufacture of food products and beverages. Conversely, output declined in the manufacture of electrical and electronic equipment; machine equipment (–0.8%).
Over the year, manufacturing output declined (–0.5%)
Manufacturing output of the last three months diminished compared to the same months of the previous year (–0.5% y-o-y). In contrast, overall industrial output increased (+0.3% y-o-y).
Output increased sharply in mining, quarrying, energy and water supply (+3.8%), in the manufacture of transport equipment (+2.2%) and more strongly in the manufacture of coke and refined petroleum products (+13.2%).
On the contrary, output went down in the manufacture of electrical and electronic equipment (–3.2%), in other manufacturing (–0.4%) and in the manufacture of food products and beverages (–1.2%).
graphiqueGraphique1a – Monthly Industrial Production Indices
- Legend: CZ: Manufacturing - (C1): Manufacture of food products and beverages - (C3): Electrical and electronic equipment; machine equipment - (C4): Manufacture of transport equipment - (C5): Other manufacturing
- Sources: Insee, SSP, SOeS
tableauTableau1a – Variation of the Industrial Production
| NA : A10, (A17) | Feb. / Jan. | Jan. / Dec. | Q-o-Q change (1) | Year on year change (2) |
|---|---|---|---|---|
| BE: INDUSTRY | 0.0 | 0.3 | 1.3 | 0.3 |
| CZ: Manufacturing | 0.0 | –0.3 | 0.6 | –0.5 |
| (C1): Manufacture of food products and beverages | –0.7 | 0.5 | 0.0 | –1.2 |
| (C2): Manufacture of coke and refined petroleum products | 3.5 | 1.3 | 3.4 | 13.2 |
| (C3): Electrical and electronic equipment; machine equipment | –1.4 | –1.6 | –0.8 | –3.2 |
| (C4): Manufacture of transport equipment | 1.7 | 2.1 | 2.4 | 2.2 |
| (C5): Other manufacturing | 0.1 | –0.5 | 0.7 | –0.4 |
| (DE): Mining and quarrying; energy; water supply; waste management | 0.3 | 2.6 | 4.3 | 3.8 |
| FZ: CONSTRUCTION | –2.2 | –0.1 | –1.4 | –6.5 |
- (1) Last three months / previous three months
- (2) Last three months / same three months of previous year
- The codes correspond to the level of aggregation A 10 (A 17) of the "NA" aggregate classification based on NAF rev.2.
- Sources: INSEE, SSP, SOeS
tableauTableau2a – Variation of the Industrial Production
| NA : A10, (A17), [A38 ou A64] | Feb. 2015 | Feb. / Jan. | Jan. / Dec. | Quarter on quarter change |
|---|---|---|---|---|
| BE: INDUSTRY | 99.0 | 0.0 | 0.3 | 1.3 |
| CZ: Manufacturing | 99.3 | 0.0 | –0.3 | 0.6 |
| (C1): Man. of food products and beverages | 99.0 | –0.7 | 0.5 | 0.0 |
| (C2): Man. of coke and refined petroleum products | 93.6 | 3.5 | 1.3 | 3.4 |
| (C3): Electrical and electronic equipment; machine equipment | 96.9 | –1.4 | –1.6 | –0.8 |
| [CI] Man. of computer, electronic and optical products | 95.5 | –3.4 | –3.4 | –1.7 |
| [CJ] Man. of electrical equipment | 92.9 | 1.2 | –2.0 | 1.6 |
| [CK] Man. of machinery and equipment n.e.c. (1) | 100.1 | –1.8 | –0.3 | –1.8 |
| (C4): Man. of transport equipment | 108.2 | 1.7 | 2.1 | 2.4 |
| [CL1] Man. of motor vehicles, trailers and semi-trailers | 93.5 | 1.5 | 1.9 | 2.1 |
| [CL2] Man. of other transport equipment | 124.7 | 1.9 | 2.2 | 2.6 |
| (C5): Other manufacturing | 98.6 | 0.1 | –0.5 | 0.7 |
| [CB] Man. of textiles, wearing apparel, leather and related products | 100.1 | 3.0 | –0.4 | 1.0 |
| [CC] Man. of wood and paper products; printing and reproduction of recorded media | 86.0 | –3.6 | 1.2 | 1.0 |
| [CE] Man. of chemicals and chemical products | 110.1 | –1.5 | –0.8 | 0.7 |
| [CF] Man. of basic pharmaceutical products and pharmaceutical preparations | 105.6 | 0.3 | 0.7 | 4.4 |
| [CG] Man. of rubber and plastics products, and other non-metallic mineral products | 93.8 | –0.2 | 0.0 | –0.2 |
| [CH] Man. of basic metals and fabricated metal products, except machinery and equipment | 96.3 | 1.3 | –1.3 | 0.8 |
| [CM] Other manufacturing; repair and installation of machinery and equipment | 102.5 | 0.7 | –0.9 | –0.6 |
| (DE): Mining and quarrying; energy; water supply; waste management | 97.8 | 0.3 | 2.6 | 4.3 |
| [BZ] Mining and quarrying | 93.1 | –3.5 | 6.4 | 3.1 |
| [DZ] Electricity, gas, steam and air-conditioning supply | 96.7 | 0.8 | 2.7 | 5.3 |
| [EZ] Water supply; sewerage, waste management and remediation | 107.7 | –1.3 | 0.9 | –1.2 |
| FZ: CONSTRUCTION | 85.5 | –2.2 | –0.1 | –1.4 |
| MIGs (2) | ||||
| Capital goods | 102.0 | –0.2 | 0.5 | 0.2 |
| Intermediate goods | 96.6 | 0.7 | –1.2 | 0.9 |
| Consumer durables | 92.2 | –0.9 | –0.9 | –2.0 |
| Consumer non-durables | 101.4 | –1.2 | 0.6 | 0.8 |
| Energy | 97.4 | 0.7 | 2.3 | 4.3 |
- (1) n.e.c. : not elsewhere classifiable
- (2) Main industrial groupings: definition in Commission regulation EC of June 14th 2007
- Sources: Insee, SSP, SOeS
In February 2015, output went up again in the manufacture of transport equipment (+1.7%)
Output increased again in the manufacture of other transport equipment (+1.9% after +2.2%), in particular in air and spacecraft related machinery, as well as in the manufacture of motor vehicles, trailers and semi-trailers (+1.5% after +1.9%).
It was almost stable in other manufacturing (+0.1%)
In particular, output went up in the manufacture of basic metals and fabricated metal products, except machinery and equipment (+1.3%), in other manufacturing; repair and installation of machinery and equipment (+0.7%) and in the manufacture of textiles, wearing apparel, leather and related products (+3.0%).
On the other hand, it declined in the manufacture of wood and paper products; printing and reproduction of recorded media (–3.6%) and more moderately in the manufacture of chemicals and chemical products (–1.5%).
Output increased slightly in mining and quarrying; energy; water supply; waste management (+0.3%)
Output increased in electricity, gas, steam and air-conditioning supply (+0.8%); but decreased in mining and quarrying (–3.5%).
Output accelerated in the manufacture of coke and refined petroleum products (+3.5%)
Output improved again in the manufacture of coke and refined petroleum products (+3.5% after +1.3%).
Conversely output declined again in electrical and electronic equipment; machine equipment (–1.4% after –1.6%)
Output went down markedly in the manufacture of computer, electronic and optical products (–3.4% as in January) and in the manufacture of machinery and equipment n.e.c. (–1.8% after –0.3%).
Output shrank in the manufacture of food products and beverages (–0.7% après +0.5%).
Output decreased in the manufacture of food products and beverages (–0.7%), which is mostly due to the manufacture of beverages and baked goods.
Revisions in January 2015
tableauTableau3a – Revisions of changes
| Jan. / Dec. | Dec. / Nov. | Nov. / Oct. | Q4 2014 / Q3 2014 | 2014 / 2013 | |
|---|---|---|---|---|---|
| Industry (BE) | –0.10 | 0.10 | 0.00 | 0.03 | 0.02 |
| raw serie | –0.30 | –0.11 | 0.10 | 0.04 | 0.02 |
| SA-WDA coefficient | 0.20 | 0.21 | –0.10 | –0.01 | 0.00 |
| Manufacturing (CZ) | –0.20 | 0.10 | 0.00 | –0.03 | 0.05 |
| raw serie | –0.41 | 0.10 | 0.00 | –0.04 | 0.03 |
| SA-WDA coefficient | 0.21 | 0.00 | 0.00 | 0.01 | 0.02 |
- How to read it: in the manufacturing sector, the SA-WDA evolution between December 2014 and January 2015 is revised by –0.20 point: –0.41 is due to the raw data revision and 0.21 to the new calculation of the SA-WDA coefficients.
- Sources: Insee, SSP, SOeS
Documentation
Methodology (pdf,163 Ko)
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