In March 2015, the turnover was stable in the manufacturing industryTurnover in industry and construction - March 2015

In March 2015, the turnover levelled off in the manufacturing industry, after a firm rise in February (+1.6%). Exports dropped considerably (–4.8%, after +8.0% in February). In the industry as a whole, the turnover rose again (+0.5%, after +1.0%).

Informations rapides
No 133
Paru le : 29/05/2015
Prochaine parution le : 29/09/2017 at 12:00 - July 2017

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 March 2015, the turnover levelled off in the manufacturing industry , after a firm rise in February (+1.6%). Exports dropped considerably (–4.8%, after +8.0% in February).

In the industry as a whole, the turnover rose again (+0.5%, after +1.0%).

Slight rise over the first quarter (+0.2%)

Over the first quarter of 2015, the turnover went up slightly in the manufacturing industry (+0.2% q-o-q) as well as in the industry as a whole (+0.4%).

The turnover grew sharply in the manufacture of transport equipment (+3.5%), mainly in the manufacture of motor vehicles, trailers and semi-trailers (+4.8%). It also increased in the electrical and electronic equipment; machine equipment (+0.8%) and the manufacture of food products and beverages (+0.2%). On the other hand, it plummeted in the manufacture of coke and refined petroleum products (–9.7%). It was broadly stable in other manufacturing, with a rise in the other manufacturing: repair and installation of machinery and equipment (+1.2%) but a fall in the manufacture of chemicals and chemical products (–1.2%).

Fall compared to last year (–0.8%)

The turnover in the manufacturing industry dipped over the first quarter of 2015, compared to the same quarter of previous year (–0.8% y-o-y).

Over this period, the turnover plunged dramatically in the manufacture of coke and refined petroleum products (–19.5%). It declined in other manufacturing (–1.0%), in the electrical and electronic equipment; machine equipment (–1.1%), and more slightly in the manufacture of food products and beverages (–0.2%). Conversely, it grew sharply in the manufacture of transport equipment (+6.4%).

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** Mar./ Feb. Feb./ Jan. q-o-q (1) y-o-y (2)
BE: INDUSTRY 10000 0.5 1.0 0.4 –0.5
CZ: MANUFACTURING INDUSTRY 8373 0.0 1.6 0.2 –0.8
Of which Exports 2731 –4.8 8.0 0.0 1.9
(C1): Manufacture of food products and beverages 1647 0.3 0.7 0.2 –0.2
(C2): Manufacture of coke and refined petroleum products 478 –0.5 7.5 –9.7 –19.5
(C3): Electrical and electronic equipment; machine equipment 1005 0.0 –1.1 0.8 –1.1
(C4): Manufacture of transport equipment 1428 –1.1 7.3 3.5 6.4
(C5): Other manufacturing 3815 0.4 –0.3 0.0 –1.0
DE: Mining and quarrying; energy; water supply; waste management 1627 2.8 –1.8 1.1 1.0
FZ: CONSTRUCTION 10000 –1.7 –0.6 0.0 –2.6
  • ** 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

Downturn in transport equipment (–1.1%)

In March, the turnover fell back in the manufacture of transport equipment (–1.1%, after +7.3% in February), owed to a dramatic decline in exports after an exceptionnal level in February (–22.7%, after +34.4%). This fall in exports led to a sharp decline in the manufacture of other transport equipment (–2.6%, after +13.9%), whereas the turnover recovered in the manufacture of motor vehicles, trailers and semi-trailers (+1.3%, after –1.4%).

Slight fall in coke and refined petroleum products (–0.5%)

In March, the turnover went down slightly in the manufacture of coke and refined petroleum products (–0.5%) after a sharp rise in February (+7.5%).

Rebound in other manufacturing (+0.4%)

In March, the turnover bounced back in other manufacturing (+0.4%) after a decrease for two months in a row. It improved mainly in the manufacture of rubber and plastic products (+1.3%) and the manufacture of basic pharmaceutical products and pharmaceutical preparations (+1.7%), but it dipped in the manufacture of basic metals and fabricated metal products (–0.4%).

New rise in food products and beverages (+0.3%)

The turnover climbed again in March in the manufacture of food products and beverages (+0.3%, after +0.7% in February).

Stability in equipments

The turnover in the electrical and electronic equipment; machine equipment flattened out in March, after a decline in February (–1.1%). The growth in the manufacture of electrical equipment (+1.6%) was balanced by a fall in the manufacture of computer, electronic and optical products (–0.9%) and the manufacture of machinery and equipment n.e.c. (–0.4%).

Revisions: +0.2 points in February in the manufacturing industry

In the manufacturing industry, the variation of the turnover in February is revised upwards, at +1.6% instead of +1.4% published previously. The variation in the industry as a whole is revised by +0.1 points (+1.0%, instead of +0.9%).

IRtab8 – Indexes of turnover in industry and construction

SA-WDA, based year 2010
Indexes of turnover in industry and construction
Change in %
Industries: Weight* Mar. 2015 Mar./ Feb. Feb./ Jan. q-o-q (1)
BE: INDUSTRY 10000 109.9 0.5 1.0 0.4
CZ: MANUFACTURING INDUSTRY 8373 109.7 0.0 1.6 0.2
of which Exports 2731 105.9 –4.8 8.0 0.0
(C1): Man. of food products and beverages 1647 115.5 0.3 0.7 0.2
of which Exports 284 124.7 3.5 0.4 –0.4
(C2): Man. of coke and refined petroleum products 478 103.6 –0.5 7.5 –9.7
(C3): Electrical and electronic equipment; machine equipment 1005 105.0 0.0 –1.1 0.8
of which Exports 483 106.8 2.8 –0.7 3.0
[CI] Man. of computer, electronic and optical products 269 98.6 –0.9 –1.5 0.0
[CJ] Man. of electrical equipment 302 102.9 1.6 1.7 0.7
[CK] Man. of machinery and equipment n.e.c. 434 110.5 –0.4 –2.7 1.3
(C4): Man. of transport equipment 1428 117.7 –1.1 7.3 3.5
of which Exports 693 94.0 –22.7 34.4 –2.4
[CL1] Man. of motor vehicles, trailers and semi-trailers 689 96.0 1.3 –1.4 4.8
[CL2] Man. of other transport equipment 739 138.5 –2.6 13.9 2.6
(C5): Other manufacturing 3815 106.1 0.4 –0.3 0.0
of which Exports 1213 107.0 0.3 0.2 0.8
[CB] Man. of textiles, wearing apparel, leather and related products 191 108.4 0.4 –2.1 –1.5
[CC] Man. of wood and paper products; printing and reproduction of recorded media 427 101.3 0.4 –0.5 –0.1
[CE] Man. of chemicals and chemical products 706 106.4 0.4 0.1 –1.2
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 322 102.9 1.7 –0.1 2.1
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 620 101.6 1.3 –1.3 –0.4
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 900 105.8 –0.4 –0.4 0.0
[CM] Other manufacturing; repair and installation of machinery and equipment 649 114.7 0.1 0.8 1.2
DE: Mining and quarrying; energy, water supply, sewerage, waste management 1627 110.9 2.8 –1.8 1.1
[BZ] Mining and quarrying 69 96.4 0.2 –2.8 –1.8
[DZ] Electricity, gas, steam and air-conditioning supply 1216 113.2 2.7 –1.4 1.7
[EZ] Water supply; sewerage, waste management and remediation 342 105.6 3.3 –2.8 –0.6
FZ: CONSTRUCTION 10000 101.5 –1.7 –0.6 0.0
  • ** 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
Feb./ Jan. Jan./ Dec. Dec./ Nov. Q4 2014/ Q3 2014 2014/ 2013
Industry (BE) 0.09 0.09 0.00 0.15 –0.03
raw serie 0.10 0.00 0.00 0.00 0.00
SA-WDA coeff. –0.01 0.09 0.00 0.15 –0.03
Manufacturing industry (CZ) 0.18 0.09 –0.09 0.03 0.00
raw serie 0.10 –0.08 0.00 0.00 0.00
SA-WDA coeff. 0.08 0.18 –0.09 0.03 0.00
  • Foot note: in the manufacturing industry, the SA-WDA evolution between January and February 2015 is revised by +0.18 point: +0.10 point is due to the raw serie's revision and +0.08 to the new calculation of the SA-WDA.
  • Source: INSEE