26 June 2015
2015- n° 157In April 2015, the turnover declined in the manufacturing industry (–0.5%) Turnover in industry and construction - April 2015
In April 2015, the turnover went down in the manufacturing industry (–0.5%), after a stability in March (–0.1%). However, exports rallied considerably (+2.5%, after –5.2% in March). In the industry as a whole, the turnover shrunk as well (–0.7%, after +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 April 2015, the turnover went down in the manufacturing industry (–0.5%), after a stability in March (–0.1%). However, exports rallied considerably (+2.5%, after –5.2% in March).
In the industry as a whole, the turnover shrunk as well (–0.7%, after +0.5%).
Rise over the last three months (+0.6%)
Over the last three months, the turnover went up in the manufacturing industry (+0.6% q-o-q) as well as in the industry as a whole (+0.7%).
The turnover grew dramatically in the manufacture of transport equipment (+5.2%), mainly in the manufacture of other transport equipment (+7.3%). It also increased in the manufacture of food products and beverages (+0.6%). On the other hand, it decreased sharply in the manufacture of coke and refined petroleum products (–4.9%). It levelled off in the electrical and electronic equipment and machine equipment (–0.1%) and in other manufacturing (–0.1%), particularly with a rise in the other manufacturing; repair and installation of machinery and equipment (+1.3%) and a fall in the manufacture of basic metals and fabricated metal products (–0.5%).
Fall compared to last year (–0.6%)
The turnover in the manufacturing industry went down over the last three months, compared to the same months of previous year (–0.6% y-o-y). It stabilized in the industry as a whole (–0.1%), owed to the dynamism of the mining and quarrying; energy, etc (+1.9%).
Over this period, the turnover plummeted in the manufacture of coke and refined petroleum products (–17.8%). It declined in other manufacturing (–1.2%) and in the electrical and electronic equipment and machine equipment (–1.3%) and more moderatly in the manufacture of food products and beverages (–0.4%).
Conversely, it rose sharply in the manufacture of transport equipment (+8.0%).
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** | Apr./ Mar. | Mar./ Feb. | q-o-q (1) | y-o-y (2) |
| BE: INDUSTRY | 10000 | –0.7 | 0.5 | 0.7 | –0.1 |
| CZ: MANUFACTURING INDUSTRY | 8373 | –0.5 | –0.1 | 0.6 | –0.6 |
| Of which Exports | 2731 | 2.5 | –5.2 | 2.2 | 3.2 |
| (C1): Manufacture of food products and beverages | 1647 | –0.9 | 0.3 | 0.6 | –0.4 |
| (C2): Manufacture of coke and refined petroleum products | 478 | –4.2 | –1.0 | –4.9 | –17.8 |
| (C3): Electrical and electronic equipment; machine equipment | 1005 | 0.9 | 0.0 | –0.1 | –1.3 |
| (C4): Manufacture of transport equipment | 1428 | –0.6 | –1.3 | 5.2 | 8.0 |
| (C5): Other manufacturing | 3815 | –0.3 | 0.4 | –0.1 | –1.2 |
| DE: Mining and quarrying; energy; water supply; waste management | 1627 | –1.7 | 3.3 | 0.7 | 1.9 |
| FZ: CONSTRUCTION | 10000 | 0.2 | –1.9 | –1.1 | –3.8 |
- ** 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 decline in coke and refined petroleum products (–4.2%)
In April, the turnover fell sharply in the manufacture of coke and refined petroleum products (–4.2%) after a milder decrease in March (–1.0%).
Decrease in food products and beverages (–0.9%)
The turnover went down in the manufacture of food products and beverages (–0.9%) after a rise for two months in a row.
Slight fall in other manufacturing (–0.3%)
In April, the turnover declined slightly in other manufacturing (–0.3%), after a growth in March (+0.4%).
New downturn in transport equipment (–0.6%)
The turnover dropped again in April in the manufacture of transport equipment (–0.6%, after –1.3% in March), in spite of a sharp rebound in exports (+14.4%, after –24.2% in March). It dipped in the manufacture of motor vehicles, trailers and semi-trailers (–1.4%) whereas it held steady in the manufacture of other transport equipment (–0.1%).
Rise in equipments
The turnover in the electrical and electronic equipment and machine equipment climbed in April (+0.9%) after a stability in March.
Sharp fall in mining and quarrying (–1.7%)
In April, the turnover dropped sharply in mining and quarrying; energy, water supply, sewerage, waste management (–1.7%), after a considerable rise in March (+3.3%). It plunged mainly in the electricity, gas, steam and air-conditioning supply (–1.8%, after +3.5% in March).
Revisions: –0.1 point in March 2015 in the manufacturing industry
In the manufacturing industry, the variation of the turnover in March 2015 is downwarded, at –0.1% instead of 0.0% published previously. The variation in the industry as a whole is not revised (+0.5%).
tableauIRtab8 – Indexes of turnover in industry and construction
| Change in % | |||||
|---|---|---|---|---|---|
| Industries: | Weight* | Apr. 2015 | Apr./ Mar. | Mar./ Feb. | q-o-q (1) |
| BE: INDUSTRY | 10000 | 109.1 | –0.7 | 0.5 | 0.7 |
| CZ: MANUFACTURING INDUSTRY | 8373 | 108.9 | –0.5 | –0.1 | 0.6 |
| of which Exports | 2731 | 107.9 | 2.5 | –5.2 | 2.2 |
| (C1): Man. of food products and beverages | 1647 | 114.6 | –0.9 | 0.3 | 0.6 |
| of which Exports | 284 | 119.8 | –2.4 | 2.1 | –0.3 |
| (C2): Man. of coke and refined petroleum products | 478 | 98.0 | –4.2 | –1.0 | –4.9 |
| (C3): Electrical and electronic equipment; machine equipment | 1005 | 105.9 | 0.9 | 0.0 | –0.1 |
| of which Exports | 483 | 105.0 | –1.7 | 3.0 | 2.4 |
| [CI] Man. of computer, electronic and optical products | 269 | 103.2 | 4.1 | –1.0 | 0.2 |
| [CJ] Man. of electrical equipment | 302 | 99.6 | –2.6 | 1.2 | 0.7 |
| [CK] Man. of machinery and equipment n.e.c. | 434 | 112.0 | 1.4 | –0.4 | –0.6 |
| (C4): Man. of transport equipment | 1428 | 116.7 | –0.6 | –1.3 | 5.2 |
| of which Exports | 693 | 105.4 | 14.4 | –24.2 | 4.4 |
| [CL1] Man. of motor vehicles, trailers and semi-trailers | 689 | 94.5 | –1.4 | 1.3 | 2.0 |
| [CL2] Man. of other transport equipment | 739 | 138.0 | –0.1 | –2.9 | 7.3 |
| (C5): Other manufacturing | 3815 | 105.8 | –0.3 | 0.4 | –0.1 |
| of which Exports | 1213 | 107.5 | 0.3 | 0.5 | 0.9 |
| [CB] Man. of textiles, wearing apparel, leather and related products | 191 | 109.0 | 0.5 | 0.5 | –2.1 |
| [CC] Man. of wood and paper products; printing and reproduction of recorded media | 427 | 101.0 | –0.2 | 0.3 | –0.4 |
| [CE] Man. of chemicals and chemical products | 706 | 106.0 | –0.5 | 0.5 | –0.5 |
| [CF] Man. of basic pharmaceutical products and pharmaceutical preparations | 322 | 102.6 | –0.3 | 1.6 | 1.5 |
| [CG] Man. of rubber and plastics products, and other non-metallic mineral products | 620 | 101.0 | –0.8 | 1.4 | –0.6 |
| [CH] Man. of basic metals and fabricated metal products, except machinery and equipment | 900 | 105.2 | –0.5 | –0.4 | –0.5 |
| [CM] Other manufacturing; repair and installation of machinery and equipment | 649 | 114.5 | –0.2 | 0.1 | 1.3 |
| DE: Mining and quarrying; energy, water supply, sewerage, waste management | 1627 | 109.8 | –1.7 | 3.3 | 0.7 |
| [BZ] Mining and quarrying | 69 | 96.6 | 0.2 | 0.2 | –2.3 |
| [DZ] Electricity, gas, steam and air-conditioning supply | 1216 | 112.3 | –1.8 | 3.5 | 1.4 |
| [EZ] Water supply; sewerage, waste management and remediation | 342 | 103.4 | –1.5 | 2.7 | –1.1 |
| FZ: CONSTRUCTION | 10000 | 101.5 | 0.2 | –1.9 | –1.1 |
- ** 10000=B...E and F
- (1) Quarter-on-quarter : last three months / previous three months
- Source: INSEE
tableauIRtab7 – Measure of variations' revisions
| Mar./ Feb. | Feb./ Jan. | Jan./ Dec. | Q1 2015/ Q4 2014 | 2014/ 2013 | |
|---|---|---|---|---|---|
| Industry (BE) | 0.00 | 0.09 | –0.09 | –0.06 | 0.01 |
| raw serie | 0.19 | 0.00 | 0.00 | 0.06 | 0.00 |
| SA-WDA coeff. | –0.19 | 0.09 | –0.09 | –0.12 | 0.01 |
| Manufacturing industry (CZ) | –0.09 | 0.10 | –0.18 | –0.18 | 0.00 |
| raw serie | 0.10 | 0.00 | 0.00 | 0.03 | 0.00 |
| SA-WDA coeff. | –0.19 | 0.10 | –0.18 | –0.21 | 0.00 |
- Foot note: in the manufacturing industry, the SA-WDA evolution between February and March 2015 is revised by –0.09 point: +0.10 point is due to the raw serie's revision and –0.19 point to the new calculation of the SA-WDA.
- Source: INSEE
Documentation
Methodology (pdf,140 Ko)
Pour en savoir plus
Time series : Turnover indices (VAT)
