31 March 2015
2015- n° 79In 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%).
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** | 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.
tableauIRtab8 – 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
tableauIRtab7 – 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
Documentation
Methodology (pdf,140 Ko)
Pour en savoir plus
Time series : Turnover indices (VAT)
