29 August 2014
2014- n° 200In June 2014, the turnover in manufacturing industry climbed compared to May (+1.9%) Turnover in industry and construction - June 2014
In June 2014, the turnover rose sharply in the manufacturing industry (+1.9%) after a significant decrease in May (–1.4%). Exports rebounded as well (+3.3%). The turnover went up in the industry as a whole (+1.6%).
Every index in this issue is in value, 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 June 2014, the turnover rose sharply in the manufacturing industry (+1.9%) after a significant decrease in May (–1.4%). Exports rebounded as well (+3.3%).
The turnover went up in the industry as a whole (+1.6%).
Slight decrease over the last three months (–0.4%)…
Over the quarter (q-o-q), the turnover went down slightly in the manufacturing industry (–0.4%) and in the industry as a whole (–0.5%).
The turnover declined in other manufacturing (–1.2%), mainly in the manufacture of rubber and plastic products, and other non-metallic mineral products (–2.3%) and in the manufacture of basic metals and fabricated metal products (–1.4%). It plunged in the manufacture of coke and refined petroleum products (–4.1%) and it fell in the electrical and electronic equipment; machine equipment (–1.0%). On the contrary, it rose in the manufacture of transport equipment (+2.0%) owed to a considerable upsurge in the manufacture of other transport equipment (+4.1%), and in the manufacture of food products and beverages (+1.0%).
…and a very slight rise over the last year (+0.2%)
Year-on-year, the turnover grew very slightly in the manufacturing industry (+0.2%).
Over this period, the turnover improved in the manufacture of transport equipment (+3.7%) and in the manufacture of food products and beverages (+2.0%). Conversely, it dropped in the manufacture of coke and refined petroleum products (–4.5%), in other manufacturing (–0.6%) and in the electrical and electronic equipment; machine equipment (–2.2%).
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** | June/ May | May/ Apr. | q-o-q (1) | y-o-y (2) |
| BE: INDUSTRY | 10000 | 1.6 | –1.1 | –0.5 | –0.5 |
| CZ: MANUFACTURING | 8373 | 1.9 | –1.4 | –0.4 | 0.2 |
| Of which Exports | 2731 | 3.3 | –2.7 | 0.6 | –0.9 |
| (C1): Manufacture of food products and beverages | 1647 | 2.5 | –2.4 | 1.0 | 2.0 |
| (C2): Manufacture of coke and refined petroleum products | 478 | –2.9 | 6.6 | –4.1 | –4.5 |
| (C3): Electrical and electronic equipment; machine equipment | 1005 | 1.3 | –2.6 | –1.0 | –2.2 |
| (C4): Manufacture of transport equipment | 1428 | 4.1 | 0.2 | 2.0 | 3.7 |
| (C5): Other manufacturing | 3815 | 1.7 | –2.0 | –1.2 | –0.6 |
| DE: Mining and quarrying; energy; water supply; waste management | 1627 | –0.4 | 0.2 | –1.3 | –4.0 |
| FZ: CONSTRUCTION | 10000 | 2.1 | –0.2 | 1.9 | 1.9 |
- ** 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 the previous year
- The codes correspond to different levels of aggregation of the NACE classification.
- Source: INSEE
In June 2014, the turnover grew substantially in other manufacturing (+1.7%)
In June, the turnover went up significantly in other manufacturing (+1.7%), after a three-month-in-a-row fall. It rose in all sectors, mainly in the manufacture of rubber and plastics products, and other non-mineral products (+3.4%), in the manufacture of basic metals and fabricated metal products (+1.9%) and in the manufacture of chemicals and chemical products (+2.1%).
Dramatic rise in transport equipment (+4.1%)
In June, the turnover soared in the manufacture of transport equipment (+4.1%) after a slight rise in May (+0.2%). It grew considerably in the manufacture of other transport equipment (+5.1%) and significantly in the manufacture of motor vehicles, trailers and semi-trailers (+2.8%). Exports recovered dramatically (+7.7%).
Rebound in food products and beverages (+2.5%)…
In June, the turnover bounced back in the manufacture of food products and beverages (+2.5%), after a significant fall in May (–2.4%).
…and in equipments (+1.3%)
The turnover went up substantially in June in the electrical and electronic equipment; machine equipment (+1.3%) after a sharp decrease in May (–2.6%). It grew significantly in the manufacture of machinery and equipment n.e.c. (+2.3%), and moderately in the manufacture of electrical equipment (+0.5%) and in the manufacture of computer, electronic and optical products (+0.3%).
Fall in coke and refined petroleum products (–2.9%)
The turnover dropped in the manufacture of coke and refined petroleum products (–2.9%) after a considerable growth in May (+6.6%).
No revision in the manufacturing industry
In the manufacturing industry, the change of the turnover in May is confirmed at –1.4%. However, some revisions concern the manufacture of other transport equipment and the manufacture of coke and refined petroleum products.
tableauIRtab8 – Indexes of turnover in industry and construction
| Change in % | |||||
|---|---|---|---|---|---|
| Industries: | Weight* | June 2014 | June/ May | May/ Apr. | q-o-q (1) |
| BE: INDUSTRY | 10000 | 109.4 | 1.6 | –1.1 | –0.5 |
| CZ: MANUFACTURING | 8373 | 110.0 | 1.9 | –1.4 | –0.4 |
| of which Exports | 2731 | 106.2 | 3.3 | –2.7 | 0.6 |
| (C1): Man. of food products and beverages | 1647 | 117.0 | 2.5 | –2.4 | 1.0 |
| of which Exports | 284 | 120.0 | 3.0 | –6.2 | –0.4 |
| (C2): Man. of coke and refined petroleum products | 478 | 120.0 | –2.9 | 6.6 | –4.1 |
| (C3): Electrical and electronic equipment; machine equipment | 1005 | 104.9 | 1.3 | –2.6 | –1.0 |
| of which Exports | 483 | 103.5 | 2.6 | –3.5 | –0.8 |
| [CI] Man. of computer, electronic and optical products | 269 | 97.6 | 0.3 | –5.1 | 0.5 |
| [CJ] Man. of electrical equipment | 302 | 98.3 | 0.5 | –3.3 | –3.4 |
| [CK] Man. of machinery and equipment n.e.c. | 434 | 114.0 | 2.3 | –1.1 | –0.3 |
| (C4): Man. of transport equipment | 1428 | 113.5 | 4.1 | 0.2 | 2.0 |
| of which Exports | 693 | 102.6 | 7.7 | –1.4 | 6.5 |
| [CL1] Man. of motor vehicles, trailers and semi-trailers | 689 | 92.6 | 2.8 | –1.9 | –0.9 |
| [CL2] Man. of other transport equipment | 739 | 133.0 | 5.1 | 1.7 | 4.1 |
| (C5): Other manufacturing | 3815 | 105.9 | 1.7 | –2.0 | –1.2 |
| of which Exports | 1213 | 105.6 | 1.9 | –2.4 | –1.6 |
| [CB] Man. of textiles, wearing apparel, leather and related products | 191 | 110.6 | 1.3 | –1.3 | 0.1 |
| [CC] Man. of wood and paper products; printing and reproduction of recorded media | 427 | 101.1 | 1.1 | –1.4 | –1.3 |
| [CE] Man. of chemicals and chemical products | 706 | 107.0 | 2.1 | –1.8 | –1.1 |
| [CF] Man. of basic pharmaceutical products and pharmaceutical preparations | 322 | 99.2 | 0.9 | –2.6 | 0.7 |
| [CG] Man. of rubber and plastics products, and other non-metallic mineral products | 620 | 104.4 | 3.4 | –3.7 | –2.3 |
| [CH] Man. of basic metals and fabricated metal products, except machinery and equipment | 900 | 105.4 | 1.9 | –1.9 | –1.4 |
| [CM] Other manufacturing; repair and installation of machinery and equipment | 649 | 112.0 | 0.8 | –1.3 | –1.3 |
| DE: Mining and quarrying; energy, water supply, sewerage, waste management | 1627 | 106.2 | –0.4 | 0.2 | –1.3 |
| [BZ] Mining and quarrying | 69 | 105.7 | 1.5 | –2.9 | –1.9 |
| [DZ] Electricity, gas, steam and air-conditioning supply | 1216 | 106.3 | –1.3 | 0.6 | –1.9 |
| [EZ] Water supply; sewerage, waste management and remediation | 342 | 105.8 | 2.8 | –0.6 | 0.9 |
| FZ: CONSTRUCTION | 10000 | 109.6 | 2.1 | –0.2 | 1.9 |
- ** 10000=B...E and F
- (1) Quarter-on-quarter: last three months / previous three months
- Source: INSEE
tableauIRtab7 – Measure of variations' revisions
| May/ Apr. | Apr./ Mar. | Mar./ Feb. | Q1 2014/ Q4 2013 | 2013/ 2012 | |
|---|---|---|---|---|---|
| Industry (BE) | 0.00 | 0.09 | 0.00 | 0.03 | 0.02 |
| raw serie | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 |
| SA-WDA coeff. | –0.09 | 0.09 | 0.00 | 0.03 | 0.02 |
| Manufacturing industry (CZ) | 0.00 | 0.18 | 0.00 | 0.09 | 0.03 |
| raw serie | 0.17 | –0.09 | 0.00 | 0.00 | 0.00 |
| SA-WDA coeff. | –0.17 | 0.27 | 0.00 | 0.09 | 0.03 |
- Foot note: in the manufacturing industry, the SA-WDA evolution between April and May 2014 is not revised, the raw serie’s revision (+0.17%) is balanced by the new calculation of the SA-WDA (–0.17%).
- Source: INSEE
Documentation
Methodology (pdf,140 Ko)
Pour en savoir plus
Time series : Turnover indices (VAT)
