In 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%).

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** 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.

IRtab8 – Indexes of turnover in industry and construction

SA-WDA, based year 2010
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

IRtab7 – Measure of variations' revisions

(in point %)
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