In December 2014, the turnover grew slightly in the manufacturing industry (+0.3%)Turnover in industry and construction - December 2014

In December 2014, the turnover rose once more slightly again in the manufacturing industry (+0.3%, after +0.4% in November). Especially, exports kept on growing (+0.6% after +0.7%). In the industry as a whole, the turnover went up slightly too (+0.4%).

Informations rapides
No 49
Paru le : 27/02/2015
Prochaine parution le : 29/09/2017 at 12:00 - July 2017

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 December 2014, the turnover rose once more slightly again in the manufacturing industry (+0.3%, after +0.4% in November). Especially, exports kept on growing (+0.6% after +0.7%).

In the industry as a whole, the turnover went up slightly too (+0.4%).

Decline over the fourth quarter (–0.3%)

Over the fourth quarter, the turnover decreased slightly in the manufacturing industry (–0.3% q-o-q) as well as in the industry as a whole (–0.5%).

The turnover fell in the electrical and electronic equipment; machine equipment (–1.5%) and the manufacture of coke and refined petroleum products (–2.2%). It fell slightly in other manufacturing (–0.3%), mainly in the manufacture of basic pharmaceutical products and pharmaceutical preparations (–1.8%) and the manufacture of rubber and plastic products (–0.9%). It remained virtually stable in the manufacture of food products and beverages (–0.1%). Conversely, it grew in the manufacture of transport equipment (+1.1%), owed to the manufacture of other transport equipment (+3.0%) which more than offset the fall in the manufacture of motor vehicles, trailers and semi-trailers (–1.6%).

Fall compared to last year (–1.0%)

The turnover in the manufacturing industry went down over the fourth quarter of 2014 compared to the fourth quarter of 2013 (–1.0%).

Over this period, the turnover dropped dramatically in the manufacture of coke and refined petroleum products (–6.8%), and more slightly in other manufacturing (–0.8%) and in the electrical and electronic equipment; machine equipment (–2.5%). On the other hand, it improved moderately in the manufacture of food products and beverages (+0.4%). It levelled off in the manufacture of transport equipment.

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** Dec./ Nov. Nov./ Oct. q-o-q (1) y-o-y (2)
BE: INDUSTRY 10000 0.4 0.2 –0.5 –1.2
CZ: MANUFACTURING INDUSTRY 8373 0.3 0.4 –0.3 –1.0
Of which Exports 2731 0.6 0.7 0.6 2.1
(C1): Manufacture of food products and beverages 1647 0.2 –0.4 –0.1 0.4
(C2): Manufacture of coke and refined petroleum products 478 –2.1 1.6 –2.2 –6.8
(C3): Electrical and electronic equipment; machine equipment 1005 0.8 0.3 –1.5 –2.5
(C4): Manufacture of transport equipment 1428 –0.2 2.2 1.1 0.0
(C5): Other manufacturing 3815 0.9 –0.2 –0.3 –0.8
DE: Mining and quarrying; energy; water supply; waste management 1627 0.8 –0.3 –1.4 –2.4
FZ: CONSTRUCTION 10000 –0.7 0.2 0.0 1.4
  • ** 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

Rebound in other manufacturing (+0.9%)

In December, the turnover recovered in other manufacturing (+0.9%) after a fall for three months in a row. It rose in every sector, mainly in the manufacture of basic pharmaceutical products and pharmaceutical preparations (+3.8%), the manufacture of basic metals and fabricated metal products (+0.9%), other manufacturing; repair and installation of machinery and equipment (+0.7%) and the manufacture of rubber and plastic products (+0.6%).

New increase in equipments (+0.8%)

In December, the turnover grew again in the electrical and electronic equipment; machine equipment (+0.8%, after +0.3% in November). It climbed in the manufacture of machinery and equipment n.e.c. (+2.0%). On the other hand, it fell in the manufacture of computer, electronic and optical products (–0.7%). It was almost unchanched in the manufacture of electrical equipment (–0.1%).

Slight rise in food products and beverages (+0.2%)

The turnover grew slightly in December in the manufacture of food products and beverages (+0.2%), after a decline for two months in a row.

Drop in coke and refined petroleum products (–2.1%)

In December, the turnover went down sharply in the manufacture of coke and refined petroleum products (–2.1%) after a growth in November (+1.6%).

Slight decline in transport equipment (–0.2%)

The turnover in the manufacture of transport equipment dipped slightly in December (–0.2%, after +2.2% in November), in spite of a sharp increase in exports (+4.2%). The fall of the turnover in the manufacture of other transport equipment (–1.3%) offset the rise in the manufacture of motor vehicles, trailers and semi-trailers (+1.4%).

No revisions in November in the manufacturing industry

In the manufacturing industry, the growth of the turnover in November is confirmed at +0.4%. It is down by 0.1 point for the industry as a whole (+0.2% instead of +0.3%).

IRtab8 – Indexes of turnover in industry and construction

SA-WDA, based year 2010
Indexes of turnover in industry and construction
Change in %
Industries: Weight* Dec. 2014 Dec./ Nov. Nov./ Oct. q-o-q (1)
BE: INDUSTRY 10000 108.6 0.4 0.2 –0.5
CZ: MANUFACTURING INDUSTRY 8373 108.7 0.3 0.4 –0.3
of which Exports 2731 107.2 0.6 0.7 0.6
(C1): Man. of food products and beverages 1647 114.4 0.2 –0.4 –0.1
of which Exports 284 121.2 –1.1 –0.1 1.0
(C2): Man. of coke and refined petroleum products 478 114.3 –2.1 1.6 –2.2
(C3): Electrical and electronic equipment; machine equipment 1005 104.6 0.8 0.3 –1.5
of which Exports 483 101.0 0.3 –1.0 –2.0
[CI] Man. of computer, electronic and optical products 269 99.1 –0.7 0.9 –0.9
[CJ] Man. of electrical equipment 302 100.1 –0.1 0.8 –1.1
[CK] Man. of machinery and equipment n.e.c. 434 111.1 2.0 –0.4 –2.1
(C4): Man. of transport equipment 1428 110.2 –0.2 2.2 1.1
of which Exports 693 109.7 4.2 5.1 8.0
[CL1] Man. of motor vehicles, trailers and semi-trailers 689 91.1 1.4 0.1 –1.6
[CL2] Man. of other transport equipment 739 128.0 –1.3 3.8 3.0
(C5): Other manufacturing 3815 106.2 0.9 –0.2 –0.3
of which Exports 1213 105.6 0.2 –0.5 –1.2
[CB] Man. of textiles, wearing apparel, leather and related products 191 112.1 0.9 1.4 1.6
[CC] Man. of wood and paper products; printing and reproduction of recorded media 427 101.2 0.3 0.2 –1.0
[CE] Man. of chemicals and chemical products 706 107.5 0.1 –0.2 –0.2
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 322 101.4 3.8 –0.4 –1.8
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 620 101.7 0.6 0.0 –0.9
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 900 106.4 0.9 –0.7 0.3
[CM] Other manufacturing; repair and installation of machinery and equipment 649 112.6 0.7 –0.5 –0.1
DE: Mining and quarrying; energy, water supply, sewerage, waste management 1627 108.1 0.8 –0.3 –1.4
[BZ] Mining and quarrying 69 101.4 2.0 –1.5 –2.0
[DZ] Electricity, gas, steam and air-conditioning supply 1216 110.1 1.9 –0.6 –1.0
[EZ] Water supply; sewerage, waste management and remediation 342 102.5 –2.8 1.0 –2.6
FZ: CONSTRUCTION 10000 108.0 –0.7 0.2 0.0
  • ** 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
Nov./ Oct. Oct./ Sep. Sep./ Aug. Q3 2014/ Q2 2014 2013/ 2012
Industry (BE) –0.10 0.00 0.09 0.03 –0.01
raw serie –0.09 0.00 0.00 0.00 0.00
SA-WDA coeff. –0.01 0.00 0.09 0.03 –0.01
Manufacturing industry (CZ) 0.00 –0.09 0.19 –0.03 –0.02
raw serie –0.09 0.00 0.00 0.00 0.00
SA-WDA coeff. 0.09 –0.09 0.19 –0.03 –0.02
  • Foot note: in the manufacturing, the SA-WDA evolution between October and November 2014 is not revised: the raw serie's revision (–0.09 point) is balanced by the new calculation of the SA-WDA (+0.09 point).
  • Source : Insee