10 May 2016
2016- n° 119In March 2016, manufacturing output decreased again (−0.9%) Industrial production index - March 2016
In March 2016, output decreased sharply again in the manufacturing industry (-0.9% after -1.4% in February), and more moderately in the whole industry (-0.3% after -1.3%).
Please note: all the series are seasonally (SA) and working-day adjusted (WDA).
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 2016, output decreased sharply again in the manufacturing industry (−0.9% after −1.4% in February), and more moderately in the whole industry (−0.3% after −1.3%).
Manufacturing output diminished over Q1 2016 (−0.7%)
Over the first quarter of 2016, output diminished in the manufacturing industry (−0.7% q-o-q) as well as in the overall industry (−0.6%), compared to the fourth quarter of 2015.
Output decreased in most major manufacturing branches. It declined in other manufacturing (−1.0%), and even more in the manufacture of electrical and electronic equipment; machine equipment (−3.3%). It dipped in the manufacture of food products and beverages (−0.4%), and dropped significantly in the manufacture of coke and refined petroleum products (−5.4%). Conversely, output jumped in the manufacture of transport equipment (+3.8%). In the mining and quarrying; energy; water supply industry it rose slightly (+0.3%).
Over the year, manufacturing output increased (+0.9%)
Manufacturing output of the first quarter of 2016 improved compared to the first quarter of 2015 (+0.9%, y-o-y); so did overall industrial output (+0.5% y-o-y).
Over the year, manufacturing output grew sharply in the manufacture of transport equipment (+3.9%), and to a lesser extent in other manufacturing (+0.7%) and in the manufacture of electrical and electronic equipment (+1.0%). Conversely, it dropped in mining and quarrying; energy; water supply (−2.4%) and plummeted in the manufacture of coke and refined petroleum products (−8.5%). It was virtually stable in the manufacture of food products and beverages (−0.1%).
graphiqueGraphique1a – Monthly Industrial Production Indices
- Legend: CZ: Manufacturing - (C1): Manufacture of food products and beverages - (C3): Electrical and electronic equipment; machine equipment - (C4): Manufacture of transport equipment - (C5): Other manufacturing
- Sources: INSEE, SSP, SOeS
tableauTableau1a – Variation of the Industrial Production
| NA : A10, (A17) | March / Feb. | Feb. / Jan. | Q-o-Q change (1) | Year on year change (2) |
|---|---|---|---|---|
| BE: INDUSTRY | –0.3 | –1.3 | –0.6 | 0.5 |
| CZ: Manufacturing | –0.9 | –1.4 | –0.7 | 0.9 |
| (C1): Manufacture of food products and beverages | –1.0 | 1.0 | –0.4 | –0.1 |
| (C2): Manufacture of coke and refined petroleum products | 1.8 | –3.9 | –5.4 | –8.5 |
| (C3): Electrical and electronic equipment; machine equipment | –1.8 | –0.3 | –3.3 | 1.0 |
| (C4): Manufacture of transport equipment | –0.7 | –2.3 | 3.8 | 3.9 |
| (C5): Other manufacturing | –0.7 | –2.0 | –1.0 | 0.7 |
| DE: Mining and quarrying; energy; water supply; waste management | 3.7 | –1.1 | 0.3 | –2.4 |
| FZ: CONSTRUCTION | 1.2 | –4.9 | –0.6 | –2.2 |
- (1) Last three months / previous three months
- (2) Last three months / same three months of previous year
- The codes correspond to the level of aggregation A 10 (A 17) of the "NA" aggregated classification based on the French classification of activities NAF rev.2.
- Sources: INSEE, SSP, SOeS
tableauTableau2a – Variation of the Industrial Production
| NA : A10, (A17), [A38 ou A64] | March 2016 | March / Feb. | Feb. / Jan. | Quarter on quarter change |
|---|---|---|---|---|
| BE: INDUSTRY | 100.7 | –0.3 | –1.3 | –0.6 |
| CZ: Manufacturing | 101.2 | –0.9 | –1.4 | –0.7 |
| (C1): Man. of food products and beverages | 101.1 | –1.0 | 1.0 | –0.4 |
| (C2): Man. of coke and refined petroleum products | 85.8 | 1.8 | –3.9 | –5.4 |
| (C3): Electrical and electronic equipment; machine equipment | 97.4 | –1.8 | –0.3 | –3.3 |
| [CI] Man. of computer, electronic and optical products | 100.2 | –0.5 | 0.3 | –5.5 |
| [CJ] Man. of electrical equipment | 87.1 | –0.8 | –1.1 | 0.8 |
| [CK] Man. of machinery and equipment n.e.c. (1) | 100.7 | –3.7 | –0.4 | –3.0 |
| (C4): Man. of transport equipment | 111.3 | –0.7 | –2.3 | 3.8 |
| [CL1] Man. of motor vehicles, trailers and semi-trailers | 98.6 | –3.1 | 2.3 | 1.8 |
| [CL2] Man. of other transport equipment | 123.9 | 1.3 | –5.9 | 5.4 |
| (C5): Other manufacturing | 100.4 | –0.7 | –2.0 | –1.0 |
| [CB] Man. of textiles, wearing apparel, leather and related products | 93.1 | –3.4 | 2.2 | –0.5 |
| [CC] Man. of wood and paper products; printing and reproduction of recorded media | 86.6 | –1.2 | –1.4 | –0.5 |
| [CE] Man. of chemicals and chemical products | 112.8 | –3.2 | –1.5 | –0.1 |
| [CF] Man. of basic pharmaceutical products and pharmaceutical preparations | 110.0 | 2.7 | –5.8 | –4.9 |
| [CG] Man. of rubber and plastics products, and other non-metallic mineral products | 97.5 | 0.0 | –1.3 | 1.3 |
| [CH] Man. of basic metals and fabricated metal products, except machinery and equipment | 93.2 | –1.7 | –2.0 | –1.3 |
| [CM] Other manufacturing; repair and installation of machinery and equipment | 104.5 | 0.0 | –1.8 | –1.1 |
| DE: Mining and quarrying; energy; water supply; waste management | 97.4 | 3.7 | –1.1 | 0.3 |
| [BZ] Mining and quarrying | 87.8 | –3.3 | –2.0 | –3.1 |
| [DZ] Electricity, gas, steam and air-conditioning supply | 97.6 | 5.0 | –0.8 | 0.9 |
| [EZ] Water supply; sewerage, waste management and remediation | 102.3 | –1.8 | –2.9 | –2.2 |
| FZ: CONSTRUCTION | 85.1 | 1.2 | –4.9 | –0.6 |
| MIGs (2) | ||||
| Capital goods | 103.6 | –1.3 | –1.8 | –0.1 |
| Intermediate goods | 97.0 | –1.2 | –1.0 | –0.7 |
| Consumer durables | 101.6 | 0.2 | –0.9 | –5.6 |
| Consumer non-durables | 103.6 | –0.3 | –1.2 | –1.2 |
| Energy | 97.1 | 4.0 | –1.2 | 0.2 |
- (1) n.e.c. : not elsewhere classifiable
- (2) Main industrial groupings: definition in Commission regulation EC of June 14th 2007
- Sources: INSEE, SSP, SOeS
In March 2016, output went down further in “other manufacturing” (−0.7% after −2.0%)
Output declined significantly in many branches within “other manufacturing”: in chemicals (−3.2%), in the manufacture of basic metals and fabricated metal products, except machinery and equipment (−1.7%), in the manufacture of textiles, wearing apparel (−3.4%) and in the manufacture of wood and paper products; printing and reproduction of recorded media (−1.2%). Conversely, it recovered in pharmaceuticals (+2.7% after −5.8%). It was steady in the remaining branches of “other manufacturing”.
Output deteriorated in the electrical and electronic equipment; machine equipment (−1.8% after −0.3%)
Output tumbled in the manufacture of machinery and equipment n.e.c. (−3.7%), and slid in the manufacture of computer, electronic and optical products (−0.5%) and in the manufacture of electrical equipment (−0.8%).
Output fell back in the manufacture of food products and beverages (−1.0% after +1.0%)
Output shrank in the manufacture of food products and beverages (−1.0% after +1.0%), in particular in the processing and preparation of meat.
Output decreased again in the manufacture of transport equipment (−0.7% after −2.3%)
Output fell back sharply in the manufacture of motor vehicles, trailers and semi-trailers (−3.1% after +2.3%). However, it picked up in the manufacture of other transport equipment (+1.3%) after a marked fall in February (−5.9%).
Output bounced back in mining and quarrying; energy; water supply; waste management (+3.7% after −1.1%)
Output regained momentum in electricity, gas, steam and air-conditioning supply (+5.0 after −0.8%) due to cool temperatures in March.
Output recovered in the manufacture of coke and refined petroleum products (+1.8% after −3.9%)
Output rebounded in the manufacture of coke and refined petroleum products (+1.8%) after a sharp downturn in February (−3.9%).
Revisions for January 2016
tableauTableau3a – Measure of variations' revisions
| Feb. / Jan. | Jan. / Dec. | Dec. / Nov. | Q4 2015 / Q3 2015 | 2015 / 2014 | |
|---|---|---|---|---|---|
| Industry (BE) | –0.30 | 0.15 | –0.09 | –0.05 | 0.01 |
| raw serie | –0.32 | 0.20 | –0.17 | 0.01 | 0.01 |
| SA-WDA coefficient | 0.02 | –0.05 | 0.08 | –0.06 | 0.00 |
| Manufacturing (CZ) | –0.41 | 0.14 | –0.09 | –0.05 | 0.02 |
| raw serie | –0.40 | 0.23 | –0.20 | 0.01 | 0.01 |
| SA-WDA coefficient | –0.01 | –0.09 | 0.11 | –0.06 | 0.01 |
- How to read it: in the manufacturing sector, the SA-WDA variation between January 2016 and February 2016 has been revised downwards by −0.41 points, −0.40 due to the revision of the raw series and −0.01 to the new calculation of the SA-WDA parameters.
- Sources: INSEE, SSP, SOeS
Documentation
Methodology (pdf,163 Ko)
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