30 October 2015
2015- n° 267In August 2015, the turnover went down again in the manufacturing industry (–0.5%) Turnover in industry and construction - null
In August 2015, the turnover fell once more in the manufacturing industry (–0.5%, after –0.6% in July). However, exports rebounded (+1.4%, after –1.7%). In the industry as a whole, the turnover declined as well (–0.2%, after –0.6%).
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 August 2015, the turnover fell once more in the manufacturing industry (–0.5%, after –0.6% in July). However, exports rebounded (+1.4%, after –1.7%).
In the industry as a whole , the turnover declined as well (–0.2%, after –0.6%).
Slight rise over the last three months (+0.2%)
Over the last three months, the turnover went up slightly in the manufacturing industry (+0.2% q-o-q) as well as in the industry as a whole (+0.3%).
The turnover grew substantially in the manufacture of transport equipment (+1.1%), buoyed by the improvement in the manufacture of other transport equipment (+1.8%), and in the manufacture of food products and beverages (+1.0%). It rose moderately in the electrical and electronic equipment; machine equipment (+0.3%). On the other hand, it fell sharply in the manufacture of coke and refined petroleum products (–2.8%). It decreased more slightly in other manufacturing (–0.3%), with a more substantial drop in other manufacturing: repair and installation of new machinery and equipment (–0.8%) and in the manufacture of rubber, plastic and non-metallic mineral products (–0.6%).
Increase compared to last year (+0.6%)
In the manufacturing industry, the turnover went up by +0.6% over the last three months, compared to the same three months of the previous year.
Over this period, the turnover soared in the manufacture of transport equipment (+9.5%). It also grew, albeit more moderately, in the manufacture of food products and beverages (+0.7%) and in the electrical and electronic equipment; machine equipment (+0.5%). Conversely, it plummeted in the manufacture of coke and refined petroleum products (–15.9%) and it dropped in other manufacturing (–0.6%).
graphiqueIRgraph3 – Turnover in manufacturing industry
graphiqueIRGraph4 – Turnover in manufacturing industry by sector
tableauIRtab5 – Variation of the turnover in industry and construction
Change in % | |||||
---|---|---|---|---|---|
NA: A 10, (A 17) | Weight** | Aug./ July | July/ June | q-o-q (1) | y-o-y (2) |
BE: INDUSTRY | 10000 | –0.2 | –0.6 | 0.3 | 1.0 |
CZ: MANUFACTURING INDUSTRY | 8373 | –0.5 | –0.6 | 0.2 | 0.6 |
Of which Exports | 2731 | 1.4 | –1.7 | 2.8 | 4.8 |
(C1): Manufacture of food products and beverages | 1647 | –0.7 | 1.2 | 1.0 | 0.7 |
(C2): Manufacture of coke and refined petroleum products | 478 | –3.9 | –2.2 | –2.8 | –15.9 |
(C3): Electrical and electronic equipment; machine equipment | 1005 | –0.8 | 0.8 | 0.3 | 0.5 |
(C4): Manufacture of transport equipment | 1428 | 0.2 | –4.1 | 1.1 | 9.5 |
(C5): Other manufacturing | 3815 | –0.4 | 0.2 | –0.3 | –0.6 |
DE: Mining and quarrying; energy; water supply; waste management | 1627 | 1.5 | –1.4 | 1.0 | 3.5 |
FZ: CONSTRUCTION | 10000 | –0.2 | –1.3 | 0.4 | –1.3 |
- ** 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
Further decline in coke and refined petroleum products (–3.9%)
In August, the turnover dropped for the third month in a row in the manufacture of coke and refined petroleum products (–3.9%, after –2.2% in July and –1.7% in June) due to a fall in producer prices.
Slight decrease in other manufacturing (–0.4%)
The turnover went down moderately in August in other manufacturing (–0.4%), after a slight rise in July (+0.2%). It fell mainly in the manufacture of chemicals and chemical products (–1.7%), the manufacture of rubber and plastics products (–1.4%) and other manufacturing: repair and installation (–1.1%). On the contrary, it grew in the manufacture of basic metals and fabricated metal products (+1.2%), and the manufacture of basic pharmaceutical products and pharmaceutical preparations (+2.6%).
Downturn in food products and beverages (–0.7%)
The turnover fell back in August in the manufacture of food products and beverages (–0.7%) after an increase for two months in a row (+1.2% in July and +0.7% in June).
Fall in equipments (–0.8%)
The turnover declined in August in the electrical and electronic equipment; machine equipment (–0.8%) after a rise in July (+0.8%). It went down in the manufacture of machinery and equipment n.e.c. (–1.6%) and the manufacture of computer, electronic and optical products (–0.8%). Conversely, it picked up in the manufacture of electrical equipments (+0.3%, after –1.4% in July).
Slight rebound in transport equipment (+0.2%)
The turnover in the manufacture of transport equipment rebounded slightly in August (+0.2%, after –4.1% in July). It recovered considerably in the manufacture of motor vehicles, trailers and semi-trailers (+4.0%, after –8.5%), but it declined once more in the manufacture of other transport equipment (–2.2%, after –1.3%).
Revisions
In the manufacturing industry, the variation of the turnover in July 2015 is revised downwards by 0.2 points: it stands at –0.6%, instead of –0.4% published previously. In the industry as a whole, the variation in July 2015 is revised by –0.1 points.
tableauIRtab8 – Indexes of turnover in industry and construction
Change in % | |||||
---|---|---|---|---|---|
Industries: | Weight* | Aug. 2015 | Aug./ July | July/ June | q-o-q (1) |
BE: INDUSTRY | 10000 | 110.0 | –0.2 | –0.6 | 0.3 |
CZ: MANUFACTURING INDUSTRY | 8373 | 109.4 | –0.5 | –0.6 | 0.2 |
of which Exports | 2731 | 110.9 | 1.4 | –1.7 | 2.8 |
(C1): Man. of food products and beverages | 1647 | 116.0 | –0.7 | 1.2 | 1.0 |
of which Exports | 284 | 124.8 | –0.4 | 0.9 | 2.8 |
(C2): Man. of coke and refined petroleum products | 478 | 95.6 | –3.9 | –2.2 | –2.8 |
(C3): Electrical and electronic equipment; machine equipment | 1005 | 106.2 | –0.8 | 0.8 | 0.3 |
of which Exports | 483 | 105.9 | –0.5 | 0.9 | 0.0 |
[CI] Man. of computer, electronic and optical products | 269 | 103.9 | –0.8 | 0.9 | 1.4 |
[CJ] Man. of electrical equipment | 302 | 100.0 | 0.3 | –1.4 | –0.9 |
[CK] Man. of machinery and equipment n.e.c. | 434 | 111.9 | –1.6 | 2.0 | 0.5 |
(C4): Man. of transport equipment | 1428 | 118.9 | 0.2 | –4.1 | 1.1 |
of which Exports | 693 | 115.2 | 9.8 | –11.0 | 9.6 |
[CL1] Man. of motor vehicles, trailers and semi-trailers | 689 | 95.6 | 4.0 | –8.5 | 0.1 |
[CL2] Man. of other transport equipment | 739 | 141.0 | –2.2 | –1.3 | 1.8 |
(C5): Other manufacturing | 3815 | 105.6 | –0.4 | 0.2 | –0.3 |
of which Exports | 1213 | 108.9 | –1.3 | 2.0 | 1.6 |
[CB] Man. of textiles, wearing apparel, leather and related products | 191 | 108.2 | –2.0 | 0.3 | 0.2 |
[CC] Man. of wood and paper products; printing and reproduction of recorded media | 427 | 101.3 | 0.4 | 0.2 | –0.1 |
[CE] Man. of chemicals and chemical products | 706 | 106.2 | –1.7 | 1.7 | 0.3 |
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations | 322 | 104.4 | 2.6 | 1.0 | 0.1 |
[CG] Man. of rubber and plastics products, and other non-metallic mineral products | 620 | 100.4 | –1.4 | 1.0 | –0.6 |
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment | 900 | 105.5 | 1.2 | –1.4 | –0.3 |
[CM] Other manufacturing; repair and installation of machinery and equipment | 649 | 113.0 | –1.1 | –0.3 | –0.8 |
DE: Mining and quarrying; energy, water supply, sewerage, waste management | 1627 | 113.0 | 1.5 | –1.4 | 1.0 |
[BZ] Mining and quarrying | 69 | 97.1 | 1.5 | –0.8 | –1.1 |
[DZ] Electricity, gas, steam and air-conditioning supply | 1216 | 116.9 | 1.9 | –1.5 | 1.8 |
[EZ] Water supply; sewerage, waste management and remediation | 342 | 102.7 | 0.0 | –0.9 | –1.2 |
FZ: CONSTRUCTION | 10000 | 101.8 | –0.2 | –1.3 | 0.4 |
- ** 10000=B...E and F
- (1) Quarter-on-quarter: last three months / previous three months
- Source: INSEE
tableauIRtab7 – Measure of variations' revisions
July/ June | June/ May | May/ Apr. | Q2 2015/ Q1 2015 | 2014/ 2013 | |
---|---|---|---|---|---|
Industry (BE) | –0.09 | –0.09 | 0.09 | –0.06 | –0.01 |
raw serie | –0.17 | 0.00 | 0.00 | 0.00 | 0.00 |
SA-WDA coeff. | 0.08 | –0.09 | 0.09 | –0.06 | –0.01 |
Manufacturing industry (CZ) | –0.19 | 0.00 | –0.09 | –0.03 | 0.01 |
raw serie | –0.17 | 0.00 | 0.00 | 0.00 | 0.00 |
SA-WDA coeff. | –0.02 | 0.00 | –0.09 | –0.03 | 0.01 |
- Foot note: in the manufacturing industry, the SA-WDA evolution between June and July 2015 is revised by –0.19 point: –0.17 point is due to the raw serie's revision and –0.02 point to the new calculation of the SA-WDA.
- Source: INSEE
Documentation
Methodology (pdf,140 Ko)
Pour en savoir plus
Time series : Turnover indices (VAT)