In January 2016, the turnover declined again in the manufacturing industry (–1.1%)Turnover in industry and construction - January 2016

In January 2016, the turnover fell again in the manufacturing industry (-1.1%, after -1.6% in December). Exports declined more sharply (-2.6%, after -0.7%).

Informations rapides
No 87
Paru le : 31/03/2016
Prochaine parution le : 29/09/2017 at 12:00 - July 2017

Warning: from this release, the turnover index series are produced according to a new methodology that improves their quality. The series have been recalculated over the period 1999-2015. Further information concerning these changes is available on the Web page of this index.

In January 2016, the turnover fell again in the manufacturing industry (−1.1%, after −1.6% in December). Exports declined more sharply (−2.6%, after −0.7%).

In the industry as a whole, the turnover continued to decrease as well (−1.1%, after −1.5%).

Rise over the last three months (+0.7%)

Over the last three months, the turnover went up in the manufacturing industry (+0.7%). The growth was mainly driven by the manufacture of transport equipment (+4.5%), even the turnover rose also in other manufacturing (+0.3%). Conversely, it dropped sharply in the manufacture of coke and refined petroleum products (−4.1%). It remained virtually stable in the manufacture of food products and beverages (+0.1%) and in the electrical and electronic equipment, and machine equipment (−0.1%).

In the industry as a whole (+0.2%), the turnover barely rose, curtailed by a fall in the mining and quarrying; energy; water supply (−2.0%).

Increase over the last year (+1.4%)

In the manufacturing industry, the turnover went up substantially over the last three months, compared to the same three months of previous year (+1.4%, y-o-y). It climbed at virtually the same pace in the industry as a whole (+1.6%).

Over this period, the turnover improved considerably in the manufacture of transport equipment (+10.4%), and more moderately in other manufacturing (+1.1%), in the manufacture of food products and beverages (+0.9%) and in the electrical and electronic equipment; machine equipment (+0.9%). However, it slumped in the manufacture of coke and refined petroleum products (−17.9%) with the dramatic fall in producer prices.

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 –1.1 –1.5 0.2 1.6
CZ: MANUFACTURING INDUSTRY 8346 –1.1 –1.6 0.7 1.4
Of which Exports 2677 –2.6 –0.7 –0.5 2.8
(C1): Manufacture of food products and beverages 1685 –0.2 –0.8 0.1 0.9
(C2): Manufacture of coke and refined petroleum products 561 –16.8 2.8 –4.1 –17.9
(C3): Electrical and electronic equipment; machine equipment 953 0.5 –0.7 –0.1 0.9
(C4): Manufacture of transport equipment 1265 –1.6 –6.9 4.5 10.4
(C5): Other manufacturing 3881 –0.1 –0.6 0.3 1.1
DE: Mining and quarrying; energy; water supply; waste management 1654 –1.2 –1.0 –2.0 2.5
FZ: CONSTRUCTION 10000 –0.3 –1.2 0.1 –0.3
  • ** 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

Crash in refined petroleum products (−16.8%)

In January 2016, the turnover in the manufacture of coke and refined petroleum products plummeted (−16.8%), after a rise in December 2015 (+2.8%).

Drop in transport equipments (−1.6%)

The turnover fell again in January in the manufacture of transport equipment (−1.6%), but less than in December (−6.9%). It went down sharply in the manufacture of motor vehicles, trailers and semi-trailers (−3,8%, as in December), while it picked up slightly in the manufacture of other transport equipments (+0.4%, after −9.5%).

Slight rebound in electrical and electronic equipments (+0.5%)

In January, the turnover bounced back in the electrical and electronic equipment, and machine equipment (+0.5%, after −0.7%): it rebounded in the manufacture of computer, electronic and optical products (+2.1%, after −1.2%) and in the manufacture of machinery and equipment n.e.c. (+0.9%, after −0.1%), but it dropped again in the manufacture of electrical equipment (−2.4%, after −1.1%).

Very slight decrease in food products and beverages (−0.2%)

In January, the turnover fell a little further in the manufacture of food products and beverages (−0.2%, after −0.8% in December).

Very slight fall in other manufacturing (−0.2%)

The turnover in other manufacturing declined very slightly in January (−0.2%, after −0.6%). It dropped in the manufacture of basic pharmaceutical products and pharmaceutical preparations (−5.1%) and more moderately in the manufacture of rubber and plastic products (−1.5%). Conversely, it grew mainly in the manufacture of basic metals and fabricated metal products (+2.4%) and in other manufacturing (+1.1%).

Revisions: all series recalculated according to a new methodology

In the manufacturing industry as in the industry as a whole, the revisions are larger than usual, due to the change of methodology (see the Warning).

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. 2016 Jan./ Dec. Dec./ Nov. q-o-q (1)
BE: INDUSTRY 10000 106.4 –1.1 –1.5 0.2
CZ: MANUFACTURING INDUSTRY 8346 105.2 –1.1 –1.6 0.7
of which Exports 2677 110.8 –2.6 –0.7 –0.5
(C1): Man. of food products and beverages 1685 112.9 –0.2 –0.8 0.1
of which Exports 285 115.6 0.8 –2.5 0.6
(C2): Man. of coke and refined petroleum products 561 61.8 –16.8 2.8 –4.1
(C3): Electrical and electronic equipment; machine equipment 953 103.9 0.5 –0.7 –0.1
of which Exports 469 102.5 0.3 –0.5 –1.9
[CI] Man. of computer, electronic and optical products 306 102.4 2.1 –1.2 0.8
[CJ] Man. of electrical equipment 245 95.4 –2.4 –1.1 –1.5
[CK] Man. of machinery and equipment n.e.c. 402 110.2 0.9 –0.1 0.0
(C4): Man. of transport equipment 1265 114.9 –1.6 –6.9 4.5
of which Exports 617 123.7 –6.3 –1.2 1.9
[CL1] Man. of motor vehicles, trailers and semi-trailers 702 95.5 –3.8 –3.8 0.0
[CL2] Man. of other transport equipment 562 139.1 0.4 –9.5 8.6
(C5): Other manufacturing 3881 105.2 –0.2 –0.6 0.3
of which Exports 1237 109.0 –0.6 –1.0 –1.6
[CB] Man. of textiles, wearing apparel, leather and related products 188 108.4 –1.1 –0.5 1.2
[CC] Man. of wood and paper products; printing and reproduction of recorded media 436 97.9 –0.3 –1.2 1.5
[CE] Man. of chemicals and chemical products 745 102.2 –1.1 3.2 –0.8
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 304 107.2 –5.1 3.5 –0.1
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 629 102.8 –1.5 –1.8 1.7
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 926 102.7 2.4 –3.3 –0.3
[CM] Other manufacturing; repair and installation of machinery and equipment 653 117.6 1.1 –1.4 0.4
DE: Mining and quarrying; energy, water supply, sewerage, waste management 1654 112.8 –1.2 –1.0 –2.0
[BZ] Mining and quarrying 70 95.2 0.5 0.9 3.7
[DZ] Electricity, gas, steam and air-conditioning supply 1205 115.6 –0.7 –1.1 –2.6
[EZ] Water supply; sewerage, waste management and remediation 379 107.0 –3.0 –1.0 –0.7
FZ: CONSTRUCTION 10000 102.9 –0.3 –1.2 0.1
  • ** 10000=B...E and F
  • (1) Quarter-on-quarter: last three months / previous three months
  • Source: INSEE

IRtab7 – Measure of variations' revisions

(in percentage points)
Measure of variations' revisions
Dec./ Nov. Nov./ Oct. Oct./ Sep. Q4 2015/ Q3 2015 2015/ 2014
Industry (BE) –0.53 –1.08 0.43 0.95 0.53
raw serie 2.78 3.25 –1.52 3.64 0.16
SA-WDA coeff. –3.31 –2.17 1.95 –2.69 0.37
Manufacturing industry (CZ) –0.54 1.29 0.36 1.45 0.27
raw serie 3.69 3.50 –1.75 4.77 –0.16
SA-WDA coeff. –4.22 –2.21 2.11 –3.32 0.43
  • How to read it: in the manufacturing industry, the SA-WDA variation between November and December 2015 has been revised by –0.54 points: +3.69 points are due to the raw serie's revision and –4.22 points to the new calculation of the SA-WDA.
  • Source: INSEE