10 July 2015
2015- n° 167In May 2015, manufacturing output increased (+0.6%) Industrial production index - May 2015
In May 2015, output picked up in the manufacturing industry (+0.6% after –0.8%, in April) as well as in the industry as a whole (+0.4% after –0.8 % in April).
Please note: all the series are seasonally (SA) and working-day adjusted (WDA).
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 May 2015, output picked up in the manufacturing industry (+0.6% after –0.8%, in April) as well as in the industry as a whole (+0.4% after –0.8 % in April).
Manufacturing output rose over the last three months (+0.4%)
Over the last three months, output rose in the manufacturing sector (+0.4% q-o-q) while it was stable in the industry as a whole.
Output improved in almost every sectors: in other manufacturing (+0.4%), in the manufacture of transport equipment (+0.9%), in the manufacture of coke and refined petroleum products (+1.6%) and in the manufacture of food products and beverages (+0.2%). Output was stable in the manufacture of electrical and electronic equipment; machine equipment. Conversely, output declined in mining, quarrying, energy and water supply (–1.7%).
Over the year, manufacturing output increased (+1.4%)
Manufacturing output of the last three months increased compared to the same months of 2014 (+1.4% y-o-y). For that same period, overall industrial output also went up (+1.6% y-o-y).
Output increased sharply in other manufacturing (+1.5%), in mining, quarrying, energy and water supply (+2.5%), in the manufacture of transport equipment (+3.2%), and even more markedly in the manufacture of coke and refined petroleum products (+13.2%). It increased slightly in the manufacture of food products and beverages (+0.2%). Conversely, output went down and in the manufacture of electrical and electronic equipment (–0.5%).
graphiqueGraphique1a – Monthly Industrial Production Indices
- Legend: CZ: Manufacturing - (C1): Manufacture of food products and beverages - (C3): Electrical and electronic equipment; machine equipment - (C4): Manufacture of transport equipment - (C5): Other manufacturing
- Sources: INSEE, SSP, SOeS
tableauTableau1a – Variation of the Industrial Production
| NA : A10, (A17) | May / April | April / March | Q-o-Q change (1) | Year on year change (2) |
|---|---|---|---|---|
| BE: INDUSTRY | 0.4 | –0.8 | 0.0 | 1.6 |
| CZ: Manufacturing | 0.6 | –0.8 | 0.4 | 1.4 |
| (C1): Manufacture of food products and beverages | –0.5 | –0.5 | 0.2 | 0.2 |
| (C2): Manufacture of coke and refined petroleum products | –2.7 | –11.0 | 1.6 | 13.2 |
| (C3): Electrical and electronic equipment; machine equipment | 0.3 | 0.7 | 0.0 | –0.5 |
| (C4): Manufacture of transport equipment | 2.3 | –3.8 | 0.9 | 3.2 |
| (C5): Other manufacturing | 0.8 | –0.4 | 0.4 | 1.5 |
| (DE): Mining and quarrying; energy; water supply; waste management | –0.9 | –0.6 | –1.7 | 2.5 |
| FZ: CONSTRUCTION | 1.0 | –0.7 | –0.8 | –5.1 |
- (1) Last three months / previous three months
- (2) Last three months / same three months of previous year
- The codes correspond to the level of aggregation A 10 (A 17) of the "NA" aggregate classification based on NAF rev.2.
- Sources: INSEE, SSP, SOeS
tableauTableau2a – Variation of the Industrial Production
| NA : A10, (A17), [A38 ou A64] | May 2015 | May / April | April / March | Quarter on quarter change |
|---|---|---|---|---|
| BE: INDUSTRY | 99.2 | 0.4 | –0.8 | 0.0 |
| CZ: Manufacturing | 100.3 | 0.6 | –0.8 | 0.4 |
| (C1): Man. of food products and beverages | 99.3 | –0.5 | –0.5 | 0.2 |
| (C2): Man. of coke and refined petroleum products | 87.6 | –2.7 | –11.0 | 1.6 |
| (C3): Electrical and electronic equipment; machine equipment | 99.7 | 0.3 | 0.7 | 0.0 |
| [CI] Man. of computer, electronic and optical products | 105.1 | 0.8 | 2.7 | 1.9 |
| [CJ] Man. of electrical equipment | 89.8 | 0.2 | –1.4 | –1.8 |
| [CK] Man. of machinery and equipment n.e.c. (1) | 102.6 | 0.0 | 0.7 | 0.0 |
| (C4): Man. of transport equipment | 107.4 | 2.3 | –3.8 | 0.9 |
| [CL1] Man. of motor vehicles, trailers and semi-trailers | 94.0 | –0.6 | –1.4 | 2.8 |
| [CL2] Man. of other transport equipment | 122.4 | 4.9 | –6.0 | –0.8 |
| (C5): Other manufacturing | 99.8 | 0.8 | –0.4 | 0.4 |
| [CB] Man. of textiles, wearing apparel, leather and related products | 95.7 | 0.6 | –1.8 | –1.1 |
| [CC] Man. of wood and paper products; printing and reproduction of recorded media | 88.4 | 1.1 | 0.3 | –0.3 |
| [CE] Man. of chemicals and chemical products | 109.3 | 1.2 | –1.4 | –2.3 |
| [CF] Man. of basic pharmaceutical products and pharmaceutical preparations | 107.7 | –0.1 | 0.0 | 1.5 |
| [CG] Man. of rubber and plastics products, and other non-metallic mineral products | 96.5 | 1.9 | 0.5 | 1.5 |
| [CH] Man. of basic metals and fabricated metal products, except machinery and equipment | 96.7 | 0.0 | –0.9 | 0.6 |
| [CM] Other manufacturing; repair and installation of machinery and equipment | 104.8 | 0.8 | 0.0 | 1.2 |
| (DE): Mining and quarrying; energy; water supply; waste management | 94.1 | –0.9 | –0.6 | –1.7 |
| [BZ] Mining and quarrying | 95.7 | 1.2 | 1.9 | 0.6 |
| [DZ] Electricity, gas, steam and air-conditioning supply | 91.2 | –1.2 | –1.6 | –2.6 |
| [EZ] Water supply; sewerage, waste management and remediation | 113.4 | –0.1 | 3.7 | 2.7 |
| FZ: CONSTRUCTION | 86.8 | 1.0 | –0.7 | –0.8 |
| MIGs (2) | ||||
| Capital goods | 103.2 | 0.8 | –1.3 | 0.5 |
| Intermediate goods | 97.8 | 1.3 | –0.3 | 0.4 |
| Consumer durables | 96.4 | 0.3 | 0.9 | 1.7 |
| Consumer non-durables | 102.0 | –0.5 | –0.2 | 0.1 |
| Energy | 93.3 | –1.2 | –1.6 | –1.6 |
- (1) n.e.c. : not elsewhere classifiable
- (2) Main industrial groupings: definition in Commission regulation EC of June 14th 2007
- Sources: INSEE, SSP, SOeS
In May 2015 output increased in other manufacturing (+0.8%)
Output increased in particular in the manufacture of rubber and plastics products (+1.9%), in other manufacturing; repair and installation of machinery and equipment (+0.8%), in the manufacture of chemicals and chemical products (+1.2%), and in the manufacture of wood and paper products; printing and reproduction of recorded media (+1.1%).
Output increased significantly in the manufacture of transport equipment (+2.3%)
Output bounced back sharply in the manufacture of other transport equipment (+4.9% after –6.0%) but declined again in the manufacture of motor vehicles, trailers and semi-trailers (–0.6% after –1.4%).
Output improved slightly in electrical and electronic equipment; machine equipment (+0.3%)
Output improved in the manufacture of computer, electronic and optical products (+0.8%) and in the manufacture of electrical equipment (+0.2%). It held steady in the manufacture of machinery and equipment n.e.c.
Conversely, output declined in mining and quarrying; energy; water supply; waste management (–0.9%)…
In particular, output declined in the electricity, gas, steam and air-conditioning supply (–1.2%).
…as well as in the manufacture of food products and beverages (–0.5%)
Output decreased in the manufacture of food products and beverages (–0.5%), in particular in vegetable and animal oils and fats and in bakery and farinaceous products.
Output declined in the manufacture of coke and refined petroleum products (–2.7%)
Output went down in the manufacture of coke and refined petroleum products (–2.7%) after a maintenance shutdown of a refinery.
Revisions in April 2015
tableauTableau3a – Revisions of changes
| April / March | March / Feb. | Feb. / Jan. | Q1 2015 / Q4 2014 | 2014 / 2013 | |
|---|---|---|---|---|---|
| Industry (BE) | 0.10 | 0.00 | 0.00 | 0.00 | 0.03 |
| raw serie | 0.27 | 0.01 | 0.00 | –0.07 | 0.02 |
| SA-WDA coefficient | –0.17 | –0.01 | 0.00 | 0.07 | 0.01 |
| Manufacturing (CZ) | 0.20 | –0.10 | 0.00 | 0.07 | 0.03 |
| raw serie | 0.27 | 0.01 | –0.11 | –0.07 | 0.00 |
| SA-WDA coefficient | –0.07 | –0.11 | 0.11 | 0.14 | 0.03 |
- How to read it: in the manufacturing sector, the SA-WDA evolution between March and April 2015 is revised by +0.20 points: +0.27 is due to the raw data revision and –0.07 to the new calculation of the SA-WDA coefficients.
- Sources: INSEE, SSP, SOeS
Documentation
Methodology (pdf,163 Ko)
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