28 November 2014
2014- n° 276In September 2014, the turnover went up in the manufacturing industry (+0.6%) Turnover in industry and construction - September 2014
In September 2014, the turnover grew in the manufacturing industry (+0.6%) after a stability in August (+0.1%). Exports bounced back (+2.0%). In the industry as a whole, the turnover increased more slightly than the previous months (+0.3% 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 September 2014, the turnover grew in the manufacturing industry (+0.6%) after a stability in August (+0.1%). Exports bounced back (+2.0%).
In the industry as a whole, the turnover increased more slightly than the previous months (+0.3% after +0.5%).
Stability over the last three months (–0.1%)
Over the last quarter (q-o-q), the turnover flattened out in the manufacturing industry (–0.1%) as well as in the industry as a whole (–0.1%).
The turnover rose in other manufacturing (+0.7%), particularly in the manufacture of chemicals and chemical products (+1.4%) and in the manufacture of basic metals and fabricated metal products (+1.1%). It also went up in the electrical and electronic equipment; machine equipment (+0.6%). On the other hand, it fell in the manufacture of food products and beverages (–1.0%), in the manufacture of transport equipment (–1.2%) owed to a sharp decline in the manufacture of other transport equipment (–2.4%). It decreased too in the manufacture of coke and refined petroleum products (–0.8%).
Decline compared to last year (–0.7%)
The turnover in the manufacturing industry went down in the third quarter of 2014 compared to the third quarter of 2013 (–0.7%).
Over this period, the turnover plunged in the manufacture of coke and refined petroleum products (–5.8%). It decreased in other industries (–0.5%) and in the electrical and electronic equipment; machine equipment (–0.7%). It fell slightly in the manufacture of transport equipment (–0.2%). It levelled off in the manufacture of food products and beverages (–0.1%).
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** | Sep./ Aug. | Aug./ July | q-o-q (1) | y-o-y (2) |
| BE: INDUSTRY | 10000 | 0.3 | 0.5 | –0.1 | –0.8 |
| CZ: MANUFACTURING INDUSTRY | 8373 | 0.6 | 0.1 | –0.1 | –0.7 |
| Of which Exports | 2731 | 2.0 | –0.7 | 0.6 | 0.0 |
| (C1): Manufacture of food products and beverages | 1647 | 1.0 | 0.2 | –1.0 | –0.1 |
| (C2): Manufacture of coke and refined petroleum products | 478 | –0.6 | 4.4 | –0.8 | –5.8 |
| (C3): Electrical and electronic equipment; machine equipment | 1005 | –0.8 | –0.1 | 0.6 | –0.7 |
| (C4): Manufacture of transport equipment | 1428 | 5.4 | –3.4 | –1.2 | –0.2 |
| (C5): Other manufacturing | 3815 | –0.6 | 0.9 | 0.7 | –0.5 |
| DE: Mining and quarrying; energy; water supply; waste management | 1627 | –1.6 | 2.2 | –0.1 | –0.9 |
| FZ: CONSTRUCTION | 10000 | 3.0 | 0.0 | 0.8 | 2.2 |
- ** 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 transport equipment (+5.4%)
In September, the turnover bounced back sharply in the manufacture of transport equipment (+5.4%) after a significant fall for two months in a row. It recovered dramatically in the manufacture of other transport equipment (+11.5%), whereas it dropped in the manufacture of motor vehicles, trailers and semi-trailers (–2.8%).
Rise in food products and beverages (+1.0%)
In September, the turnover grew for the second month in a row in the manufacture of food products and beverages (+1.0%, after +0.2% in August).
Decline in other industries (–0.6%)
In September, the turnover went down in other industries (–0.6%) after a rise in August (+0.9%). It dropped mainly in the manufacture of rubber and plastics products, and other non-metallic mineral products (–1.6%), in the manufacture of wood and paper products (–1.7%), in other manufacturing: repair and installation… (–0.8%) and in the manufacture of basic pharmaceutical products and pharmaceutical preparations (–1.5%).
Drop in equipments (–0.8%)
In September, the turnover declined in the electrical and electronic equipment; machine equipment (–0.8%) after an almost stability in August (–0.1%). It dropped in the manufacture of electrical equipment (–2.5%) and in the manufacture of computer, electronic and optical products (–0.6%). It flattened out in the manufacture of machinery and equipment n.e.c. (–0.1%)
Fall in coke and refined petroleum products (–0.6%)
The turnover in the manufacture of coke and refined petroleum products decreased in September (–0.6%) after a sharp rise in August.
Revisions: –0.1 point in August in the manufacturing industry
In the manufacturing industry, the change of the turnover in August is revised slightly downwards: it fell at +0.1% instead of +0.2% published previously.
tableauIRtab8 – Indexes of turnover in industry and construction
| Change in % | |||||
|---|---|---|---|---|---|
| Industries: | Weight* | Sep. 2014 | Sep./ Aug. | Aug./ July | q-o-q (1) |
| BE: INDUSTRY | 10000 | 109.1 | 0.3 | 0.5 | –0.1 |
| CZ: MANUFACTURING INDUSTRY | 8373 | 109.4 | 0.6 | 0.1 | –0.1 |
| of which Exports | 2731 | 106.8 | 2.0 | –0.7 | 0.6 |
| (C1): Man. of food products and beverages | 1647 | 115.5 | 1.0 | 0.2 | –1.0 |
| of which Exports | 284 | 122.1 | 1.3 | 0.4 | 0.5 |
| (C2): Man. of coke and refined petroleum products | 478 | 120.1 | –0.6 | 4.4 | –0.8 |
| (C3): Electrical and electronic equipment; machine equipment | 1005 | 105.2 | –0.8 | –0.1 | 0.6 |
| of which Exports | 483 | 103.6 | 1.8 | –3.2 | 0.4 |
| [CI] Man. of computer, electronic and optical products | 269 | 100.2 | –0.6 | 1.4 | 0.6 |
| [CJ] Man. of electrical equipment | 302 | 99.4 | –2.5 | 0.2 | 1.8 |
| [CK] Man. of machinery and equipment n.e.c. | 434 | 112.3 | –0.1 | –1.1 | 0.0 |
| (C4): Man. of transport equipment | 1428 | 111.2 | 5.4 | –3.4 | –1.2 |
| of which Exports | 693 | 98.4 | 4.6 | –0.2 | –2.4 |
| [CL1] Man. of motor vehicles, trailers and semi-trailers | 689 | 92.1 | –2.8 | 6.0 | 0.5 |
| [CL2] Man. of other transport equipment | 739 | 128.9 | 11.5 | –9.3 | –2.4 |
| (C5): Other manufacturing | 3815 | 106.0 | –0.6 | 0.9 | 0.7 |
| of which Exports | 1213 | 106.6 | –0.6 | –0.2 | 1.7 |
| [CB] Man. of textiles, wearing apparel, leather and related products | 191 | 108.8 | –0.6 | 0.8 | –0.7 |
| [CC] Man. of wood and paper products; printing and reproduction of recorded media | 427 | 101.6 | –1.7 | 1.8 | 1.1 |
| [CE] Man. of chemicals and chemical products | 706 | 108.5 | 0.6 | 0.5 | 1.4 |
| [CF] Man. of basic pharmaceutical products and pharmaceutical preparations | 322 | 99.8 | –1.5 | 0.4 | 0.9 |
| [CG] Man. of rubber and plastics products, and other non-metallic mineral products | 620 | 101.5 | –1.6 | 0.8 | –0.8 |
| [CH] Man. of basic metals and fabricated metal products, except machinery and equipment | 900 | 106.0 | –0.1 | 0.7 | 1.1 |
| [CM] Other manufacturing; repair and installation of machinery and equipment | 649 | 112.6 | –0.8 | 1.6 | 0.7 |
| DE: Mining and quarrying; energy, water supply, sewerage, waste management | 1627 | 107.4 | –1.6 | 2.2 | –0.1 |
| [BZ] Mining and quarrying | 69 | 103.8 | 1.0 | –1.0 | –1.6 |
| [DZ] Electricity, gas, steam and air-conditioning supply | 1216 | 107.9 | –1.7 | 2.6 | –0.9 |
| [EZ] Water supply; sewerage, waste management and remediation | 342 | 106.2 | –1.9 | 1.2 | 2.8 |
| FZ: CONSTRUCTION | 10000 | 110.8 | 3.0 | 0.0 | 0.8 |
- ** 10000=B...E and F
- (1) Quarter-on-quarter: last three months / previous three months
- Source: INSEE
tableauIRtab7 – Measure of variations' revisions
| Aug./ July | July/ June | June/ May | Q2 2014/ Q1 2014 | 2013/ 2012 | |
|---|---|---|---|---|---|
| Industry (BE) | 0.00 | 0.00 | –0.19 | –0.06 | 0.02 |
| raw serie | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SA-WDA coeff. | 0.00 | 0.00 | –0.19 | –0.06 | 0.02 |
| Manufacturing industry (CZ) | –0.09 | 0.00 | 0.00 | 0.00 | 0.00 |
| raw serie | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SA-WDA coeff. | –0.09 | 0.00 | 0.00 | 0.00 | 0.00 |
- How to read it: in the manufacturing, the SA-WDA evolution between July and August 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)
