30 September 2014
2014- n° 228In 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%).
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** | 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%.
tableauIRtab8 – 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
tableauIRtab7 – 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
Documentation
Methodology (pdf,140 Ko)
Pour en savoir plus
Time series : Turnover indices (VAT)
