In January 2015, the turnover declined in the manufacturing industry (–0.9%)Turnover in industry and construction - January 2015

In January 2015, the turnover went down in the manufacturing industry (–0.9%) after a stability in December. Exports decreased sharply (–3.4%). In the industry as a whole, the turnover also fell (–0.7%).

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 January 2015, the turnover went down in the manufacturing industry (–0.9%) after a stability in December. Exports decreased sharply (–3.4%).

In the industry as a whole, the turnover also fell (–0.7%).

Decrease over the last three months (–0.5%)

Over the last three months, the turnover went down in the manufacturing industry (–0.5% q-o-q) as well as in the industry as a whole (–0.7%).

The turnover dropped sharply in the manufacture of coke and refined petroleum products (–8.9%). It declined in other manufacturing (–0.3%), mainly in the manufacture of chemicals and chemical products (–1.3%) and the manufacture of rubber and plastic products, and other non-metallic mineral products (–0.5%). It decreased in the manufacture of food products and beverages (–0.5%). On the other hand, it grew in the manufacture of transport equipment (+1.8%), owed to the manufacture of other transport equipment (+2.6%). It levelled off in the electrical and electronic equipment; machine equipment.

Sharper fall compared to last year (–1.2%)

The turnover in the manufacturing industry dipped over the last three months, compared to the same three months of last year (–1.2%).

Over this period, the turnover plunged dramatically in the manufacture of coke and refined petroleum products (–13.8%). It declined in other manufacturing (–0.7%) and in the electrical and electronic equipment; machine equipment (–1.2%). It fell slightly in the manufacture of food products and beverages (–0.2%). Conversely, it grew in the manufacture of transport equipment (+1.0%).

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** Jan./ Dec. Dec./ Nov. q-o-q (1) y-o-y (2)
BE: INDUSTRY 10000 –0.7 0.1 –0.7 –1.5
CZ: MANUFACTURING INDUSTRY 8373 –0.9 0.0 –0.5 –1.2
Of which Exports 2731 –3.4 0.6 –0.3 1.6
(C1): Manufacture of food products and beverages 1647 0.2 0.0 –0.5 –0.2
(C2): Manufacture of coke and refined petroleum products 478 –10.1 –7.3 –8.9 –13.8
(C3): Electrical and electronic equipment; machine equipment 1005 0.8 0.8 0.0 –1.2
(C4): Manufacture of transport equipment 1428 –1.9 0.0 1.8 1.0
(C5): Other manufacturing 3815 –0.3 0.7 –0.3 –0.7
DE: Mining and quarrying; energy; water supply; waste management 1627 –0.1 0.9 –1.4 –2.4
FZ: CONSTRUCTION 10000 2.5 –0.8 0.5 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

New dramatic fall in coke and refined petroleum products (–10.1%)

In January, the turnover kept on tumbling in the manufacture of coke and refined petroleum products (–10.1%, after –7.3% in December).

Decline in transport equipment (–1.9%)

The turnover decreased in January in the manufacture of transport equipment (–1.9%, after 0.0% in December), due to a dramatic fall in exports (–14.6%). It plunged in the manufacture of other transport equipment (–5.7%) but it grew sharply in the manufacture of motor vehicles, trailers and semi-trailers (+3.9%).

Slight fall in other manufacturing (–0.3%)

In January, the turnover fell slightly in other manufacturing (–0.3%) after a rise in December (+0.7%). It declined mainly in the manufacture of chemicals and chemical products (–0.9%) and the manufacture of basic pharmaceutical products and pharmaceutical preparations (–1.5%), but it grew in other manufacturing; repair and installation of machinery and equipment (+0.5%).

New growth in equipments (+0.8%)

The turnover in the electrical and electronic equipment; machine equipment improved in January (+0.8%) for the third month in a row. It rose in the manufacture of machinery and equipment n.e.c. (+1.9%) and the manufacture of computer, electronic and optical products (+1.2%). On the other hand, it dropped in the manufacture of electrical equipment (–1.4%).

Slight rise in food products and beverages (+0.2%)

In January, the turnover grew slightly in the manufacture of food products and beverages (+0.2%) after a stability in December.

Revisions: –0.3 point in December in the manufacturing industry

In the manufacturing industry, the variation of the turnover in December is revised downwards, at 0.0% instead of +0.3% published previously. The variation in the industry as a whole is revised as well (+0.1% instead of +0.4%). These revisions are owed mainly to those of raw series.

IRtab8 – Indexes of turnover in industry and construction

SA-WDA, based year 2010
Indexes of turnover in industry and construction
Change in %
Industries: Weight* Jan. 2015 Jan./ Dec. Dec./ Nov. q-o-q (1)
BE: INDUSTRY 10000 108.0 –0.7 0.1 –0.7
CZ: MANUFACTURING INDUSTRY 8373 107.9 –0.9 0.0 –0.5
of which Exports 2731 103.6 –3.4 0.6 –0.3
(C1): Man. of food products and beverages 1647 114.8 0.2 0.0 –0.5
of which Exports 284 120.3 –0.8 –1.1 –0.6
(C2): Man. of coke and refined petroleum products 478 96.6 –10.1 –7.3 –8.9
(C3): Electrical and electronic equipment; machine equipment 1005 106.0 0.8 0.8 0.0
of which Exports 483 104.2 2.4 0.3 –0.5
[CI] Man. of computer, electronic and optical products 269 101.0 1.2 –0.5 –0.1
[CJ] Man. of electrical equipment 302 98.9 –1.4 –0.2 –0.6
[CK] Man. of machinery and equipment n.e.c. 434 114.1 1.9 2.2 0.4
(C4): Man. of transport equipment 1428 110.1 –1.9 0.0 1.8
of which Exports 693 93.1 –14.6 4.1 3.9
[CL1] Man. of motor vehicles, trailers and semi-trailers 689 95.8 3.9 1.8 0.6
[CL2] Man. of other transport equipment 739 123.7 –5.7 –1.3 2.6
(C5): Other manufacturing 3815 106.0 –0.3 0.7 –0.3
of which Exports 1213 106.4 0.6 0.1 –0.5
[CB] Man. of textiles, wearing apparel, leather and related products 191 111.4 –0.4 0.4 1.6
[CC] Man. of wood and paper products; printing and reproduction of recorded media 427 101.4 –0.2 0.3 –0.7
[CE] Man. of chemicals and chemical products 706 105.9 –0.9 –0.5 –1.3
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 322 100.5 –1.5 4.0 0.1
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 620 101.7 –0.3 0.5 –0.5
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 900 106.5 –0.1 0.8 0.1
[CM] Other manufacturing; repair and installation of machinery and equipment 649 113.8 0.5 0.8 0.0
DE: Mining and quarrying; energy, water supply, sewerage, waste management 1627 108.5 –0.1 0.9 –1.4
[BZ] Mining and quarrying 69 100.3 –0.6 2.0 –1.3
[DZ] Electricity, gas, steam and air-conditioning supply 1216 109.9 –0.5 1.8 –1.3
[EZ] Water supply; sewerage, waste management and remediation 342 105.0 1.4 –2.6 –1.7
FZ: CONSTRUCTION 10000 111.6 2.5 –0.8 0.5
  • ** 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
Dec./ Nov. Nov./ Oct. Oct./ Sep. Q4 2014/ Q3 2014 2014/ 2013
Industry (BE) –0.27 0.00 0.01 –0.12 –0.03
raw serie –0.37 0.00 0.00 –0.13 –0.03
SA-WDA coeff. 0.10 0.00 0.01 0.01 0.00
Manufacturing industry (CZ) –0.28 0.00 0.01 –0.15 –0.01
raw serie –0.37 0.00 0.00 –0.13 –0.03
SA-WDA coeff. 0.09 0.00 0.01 –0.02 0.02
  • Foot note: in the manufacturing industry, the SA-WDA evolution between November and December 2014 is revised by –0.28 point: –0.37 point is due to the raw serie's revision and +0.09 to the new calculation of the SA-WDA.
  • Source: INSEE