In July 2014, the turnover in manufacturing industry dropped compared to June (–1.1%)Turnover in industry and construction - July 2014

In July 2014, the turnover fell substantially in manufacturing industry (–1.1%) after a significant rise in June (+1.9%). Exports fell as well (–1.4%). The turnover went down in the industry as a whole (–1.4%).

Every index in this issue is in value (excluding taxes), 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 July 2014, the turnover fell substantially in manufacturing industry (–1.1%) after a significant rise in June (+1.9%). Exports fell as well (–1.4%).

The turnover went down in the industry as a whole (–1.4%).

Fall over the last three months (–0.7%)

Over the quarter (q-o-q), the turnover declined in the manufacturing industry (–0.7%) as in the industry as a whole (–0.7%).

The turnover declined in other manufacturing (–1.4%), mainly in the manufacture of rubber and plastic products, and other non-metallic mineral products (–2.6%) and in the other manufacturing; repair and installation of machinery and equipment (–1.9%). It also went down in the manufacture of coke and refined petroleum products (–2.5%) and in the electrical and electronic equipment; machine equipment (–1.1%). On the contrary, it rose in the manufacture of transport equipment (+1.7%) owed to a sharp growth in the manufacture of other transport equipment (+4.5%). It levelled off in the manufacture of food products and beverages (–0.1%).

Stability over the last year

Year-on-year, the turnover remained stable in the manufacturing industry (+0.1%).

Over this period, the turnover grew sharply in the manufacture of transport equipment (+4.2%) and more moderately in the manufacture of food products and beverages (+0.8%). Conversely, it plummeted in the manufacture of coke and refined petroleum products (–4.6%) and fell in other manufacturing (–0.5%) and in the electrical and electronic equipment; machine equipment (–1.8%).

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** July/ June June/ May q-o-q (1) y-o-y (2)
BE: INDUSTRY 10000 –1.4 1.7 –0.7 –0.4
CZ: MANUFACTURING 8373 –1.1 1.9 –0.7 0.1
Of which Exports 2731 –1.4 3.5 –0.1 –0.4
(C1): Manufacture of food products and beverages 1647 –2.1 2.5 –0.1 0.8
(C2): Manufacture of coke and refined petroleum products 478 –3.3 –3.3 –2.5 –4.6
(C3): Electrical and electronic equipment; machine equipment 1005 1.0 1.3 –1.1 –1.8
(C4): Manufacture of transport equipment 1428 –3.4 4.1 1.7 4.2
(C5): Other manufacturing 3815 –0.2 1.8 –1.4 –0.5
DE: Mining and quarrying; energy; water supply; waste management 1627 –2.3 0.3 –0.7 –3.0
FZ: CONSTRUCTION 10000 –1.5 1.9 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

In July 2014, the turnover slumped in transport equipment (–3.4%)

In July, the turnover dropped sharply in the manufacture of transport equipment (–3.4%), after a significant rise in June (+4.1%). It plummeted in the manufacture of motor vehicles, trailers and semi-trailers (–4.5%), and it went down substantially in the manufacture of other transport equipment (–2.9%). Exports plunged (–8.3%).

Sharp fall in food and beverages (–2.1%)…

In July, the turnover dipped in the manufacture of food products and beverages (–2.1%) after a significant growth in June (+2.5%).

…and in coke and refined petroleum (–3.3%)

In July, the turnover declined considerably in the manufacture of coke and refined petroleum products (–3.3%, as in June).

Slight decrease in other manufacturing (–0.2%)

In July, the turnover declined slightly in other manufacturing (–0.2%) after a rise in June (+1.8%). It went down mainly in the manufacture of chemicals and chemical products (–1.3%) and in the manufacture of rubber and plastics products, and other non-metallic mineral products (–1.2%), but it grew in the manufacture of basic metals and fabricated metal products (+1.0%) and in the manufacture of basic pharmaceutical products and pharmaceutical preparations (+1.6%).

New rise in equipments (+1.0%)

The turnover went up in July in the electrical and electronic equipment; machine equipment (+1.0%, after +1.3% in June). It grew in the manufacture of electrical equipment (+3.2%) and the manufacture of computer, electronic and optical products (+1.3%). Conversely, it declined in the manufacture of machinery and equipment n.e.c. (–0.4%)

No revision in the manufacturing industry

In the manufacturing industry, the change of the turnover in June is confirmed at +1.9%.

IRtab8 – Indexes of turnover in industry and construction

SA-WDA, based year 2010
Indexes of turnover in industry and construction
Change in %
Industries: Weight* July 2014 July/ June June/ May q-o-q (1)
BE: INDUSTRY 10000 108.0 –1.4 1.7 –0.7
CZ: MANUFACTURING 8373 108.7 –1.1 1.9 –0.7
of which Exports 2731 104.9 –1.4 3.5 –0.1
(C1): Man. of food products and beverages 1647 114.4 –2.1 2.5 –0.1
of which Exports 284 118.3 –1.3 2.7 –2.7
(C2): Man. of coke and refined petroleum products 478 115.0 –3.3 –3.3 –2.5
(C3): Electrical and electronic equipment; machine equipment 1005 106.4 1.0 1.3 –1.1
of which Exports 483 105.9 1.8 2.8 –1.4
[CI] Man. of computer, electronic and optical products 269 99.2 1.3 0.3 –1.3
[CJ] Man. of electrical equipment 302 101.9 3.2 0.5 –3.1
[CK] Man. of machinery and equipment n.e.c. 434 114.0 –0.4 2.4 0.3
(C4): Man. of transport equipment 1428 109.3 –3.4 4.1 1.7
of which Exports 693 93.8 –8.3 7.9 4.1
[CL1] Man. of motor vehicles, trailers and semi-trailers 689 88.0 –4.5 2.7 –2.4
[CL2] Man. of other transport equipment 739 129.1 –2.9 5.1 4.5
(C5): Other manufacturing 3815 105.7 –0.2 1.8 –1.4
of which Exports 1213 106.8 0.8 2.1 –1.1
[CB] Man. of textiles, wearing apparel, leather and related products 191 109.7 –0.7 1.3 –0.6
[CC] Man. of wood and paper products; printing and reproduction of recorded media 427 102.0 0.5 1.2 –0.8
[CE] Man. of chemicals and chemical products 706 105.4 –1.3 2.1 –1.3
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 322 100.9 1.6 0.8 –0.5
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 620 102.9 –1.2 3.3 –2.6
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 900 106.5 1.0 1.8 –0.9
[CM] Other manufacturing; repair and installation of machinery and equipment 649 111.4 –0.4 0.7 –1.9
DE: Mining and quarrying; energy, water supply, sewerage, waste management 1627 104.7 –2.3 0.3 –0.7
[BZ] Mining and quarrying 69 104.1 –1.0 1.3 –2.1
[DZ] Electricity, gas, steam and air-conditioning supply 1216 103.9 –3.4 –0.5 –1.6
[EZ] Water supply; sewerage, waste management and remediation 342 107.6 1.3 3.0 3.0
FZ: CONSTRUCTION 10000 107.4 –1.5 1.9 0.8
  • ** 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
June/ May May/ Apr. Apr./ Mar. Q2 2014/ Q1 2014 2013/ 2012
Industry (BE) 0.10 0.00 0.00 0.00 0.00
raw serie 0.50 0.00 0.00 0.15 0.00
SA-WDA coeff. –0.40 0.00 0.00 –0.15 0.00
Manufacturing industry (CZ) 0.00 0.00 –0.09 –0.09 0.00
raw serie 0.00 0.00 0.00 0.00 0.00
SA-WDA coeff. 0.00 0.00 –0.09 –0.09 0.00
  • Foot note: in the manufacturing industry, the SA-WDA evolution between May and June 2014 is not revised (whether the raw series or the SA-WDA coefficients).
  • Source : INSEE