In February 2016, the turnover levelled off in the manufacturing industryTurnover in industry and construction - February 2016

In February 2016, the turnover levelled off in the manufacturing industry after two months in a row of decline (-0.5% in January and -1.9% in December).

Informations rapides
No 117
Paru le : 29/04/2016
Prochaine parution le : 29/09/2017 at 12:00 - July 2017

Warning: Since the publication of the indexes of January, 2016 on March 31st, the turnover index series are produced according to a new process 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 on the Web page of this index.

In February 2016, the turnover levelled off in the manufacturing industry after two months in a row of decline (−0.5% in January and −1.9% in December).

On the contrary, the turnover took off in the industry as a whole (+0.7%, after −0.7% in January) owed to a rebound in the mining and quarrying; energy; water supply; waste management (+3.7%, after −1.8%).

Fall over the last three months (–0.7%)

Over the last three months, the turnover went down in the manufacturing industry (−0.7%) as well as in the industry as a whole (−1.0%). It dropped in the manufacture of transport equipment (−1.8%), in the manufacture of coke and refined petroleum products (−4.6%) and, more moderately, in other manufacturing (−0.4%). Conversely, it rose in the electrical and electronic equipment and machine equipment (+0.6%). It remained stable in the manufacture of food products and beverages.

Slight fall over the last year (−0.3%)

In the manufacturing industry as well as in the industry as a whole, the turnover declined slightly over the last three months, compared to the same three months of the previous year (−0.3%, y-o-y).

Over this period, the turnover plummeted in the manufacture of coke and refined petroleum products (−20.2%) owed to a fall in producer prices. On the contrary, it went up in the manufacture of transport equipment (+2.6%), in the electrical and electronic equipment and machine equipment (+1.0%), in the manufacture of food products and beverages (+0.8%). It also grew, but more slightly, in other manufacturing (+0.2%).

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** Feb./ Jan. Jan./ Dec. q-o-q (1) y-o-y (2)
BE: INDUSTRY 10000 0.7 –0.8 –1.0 –0.3
CZ: MANUFACTURING INDUSTRY 8346 0.0 –0.6 –0.7 –0.3
Of which Exports 2677 –0.3 –1.9 –1.9 –0.3
(C1): Manufacture of food products and beverages 1685 1.0 –0.1 0.0 0.8
(C2): Manufacture of coke and refined petroleum products 561 –6.3 –7.9 –4.6 –20.2
(C3): Electrical and electronic equipment; machine equipment 953 –0.6 1.5 0.6 1.0
(C4): Manufacture of transport equipment 1265 1.3 –1.5 –1.8 2.6
(C5): Other manufacturing 3881 –0.1 –0.2 –0.4 0.2
DE: Mining and quarrying; energy; water supply; waste management 1654 3.7 –1.8 –2.6 –0.6
FZ: CONSTRUCTION 10000 1.3 –0.3 0.2 0.1
  • ** 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

Rebound in transport equipment (+1.3%)

The turnover in the manufacture of transport equipment recovered in February (+1.3%, after −1.5% in January). The rebound is due to the manufacture of motor vehicles, trailers and semi-trailers (+5.2%, after −3.7%), while the turnover fell back in the manufacture of other transport equipment (−2.0%, after +0.5%).

Rise in food products and beverages (+1.0%)

The turnover rose in February in the manufacture of food products and beverages (+1.0%) after a virtual stability in January (−0.1%).

New sharp fall in coke and refined petroleum products (−6.3%)

In February, the turnover went on declining dramatically in the manufacture of coke and refined petroleum products (−6.3%, after −7.9% in January).

Decrease in equipments (−0.6%)

The turnover in the electrical and electronic equipment and machine equipment turned down in February (−0.6%, after +1.5%). The fall concerned mainly the manufacture of computer, electronic and optical products (−1.7%). The turnover remained virtually stable in the manufacture of machinery and equipment n.e.c. (−0.1%) and stabilised in the manufacture of electrical equipment.

Virtual stability in other manufacturing (−0.1%)

The turnover in other manufacturing levelled off in February (−0.1% after −0.2%). It dropped in the manufacture of chemicals and chemical products (−1.2%) and in the manufacture of basic metals and fabricated metal products (−0.8%), while it grew in other manufacturing: repair and installation (+1.1%) and in the manufacture of basic pharmaceutical products and pharmaceutical preparations (+1.2%).

Revisions: +0.6 points in January in the manufacturing industry

In the manufacturing industry, the evolution of the turnover in January was revised upwards, at −0.5% instead of −1.1% published previously. It was revised by +0.4 points in the industry as a whole (−0.7%, instead of −1.1%).

IRtab8 – Indexes of turnover in industry and construction

SA-WDA, based year 2010
Indexes of turnover in industry and construction
Change in %
Industries: Weight* Feb. 2016 Feb./ Jan. Jan./ Dec. q-o-q (1)
BE: INDUSTRY 10000 106.9 0.7 –0.8 –1.0
CZ: MANUFACTURING INDUSTRY 8346 105.5 0.0 –0.6 –0.7
of which Exports 2677 110.4 –0.3 –1.9 –1.9
(C1): Man. of food products and beverages 1685 114.1 1.0 –0.1 0.0
of which Exports 285 118.3 1.5 1.3 0.2
(C2): Man. of coke and refined petroleum products 561 63.1 –6.3 –7.9 –4.6
(C3): Electrical and electronic equipment; machine equipment 953 104.1 –0.6 1.5 0.6
of which Exports 469 102.1 –1.0 1.5 –0.2
[CI] Man. of computer, electronic and optical products 306 100.3 –1.7 2.0 0.3
[CJ] Man. of electrical equipment 245 98.0 0.0 0.1 –0.9
[CK] Man. of machinery and equipment n.e.c. 402 110.7 –0.1 2.0 1.7
(C4): Man. of transport equipment 1265 116.0 1.3 –1.5 –1.8
of which Exports 617 122.4 –0.1 –5.5 –2.0
[CL1] Man. of motor vehicles, trailers and semi-trailers 702 100.3 5.2 –3.7 –3.1
[CL2] Man. of other transport equipment 562 135.5 –2.0 0.5 –0.7
(C5): Other manufacturing 3881 104.8 –0.1 –0.2 –0.4
of which Exports 1237 108.3 –0.5 –0.2 –2.7
[CB] Man. of textiles, wearing apparel, leather and related products 188 108.1 –0.1 –0.9 0.0
[CC] Man. of wood and paper products; printing and reproduction of recorded media 436 97.6 –0.2 –0.4 –0.1
[CE] Man. of chemicals and chemical products 745 100.3 –1.2 –1.5 0.0
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 304 108.9 1.2 –4.7 0.9
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 629 102.9 0.4 –1.5 –0.6
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 926 101.6 –0.8 2.4 –1.6
[CM] Other manufacturing; repair and installation of machinery and equipment 653 118.1 1.1 1.2 –0.1
DE: Mining and quarrying; energy, water supply, sewerage, waste management 1654 114.1 3.7 –1.8 –2.6
[BZ] Mining and quarrying 70 91.8 –3.2 0.4 1.8
[DZ] Electricity, gas, steam and air-conditioning supply 1205 115.8 3.8 –1.6 –3.6
[EZ] Water supply; sewerage, waste management and remediation 379 112.5 4.5 –2.8 0.1
FZ: CONSTRUCTION 10000 104.7 1.3 –0.3 0.2
  • ** 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
Jan./ Dec. Dec./ Nov. Nov./ Oct. Q4 2015/ Q3 2015 2015/ 2014
Industry (BE) 0.36 –0.48 0.12 –0.25 –0.09
raw serie –0.46 –0.03 –0.01 0.10 –0.11
SA-WDA coeff. 0.83 –0.45 0.14 –0.35 0.02
Manufacturing industry (CZ) 0.57 –0.27 0.20 –0.06 –0.04
raw serie 0.13 –0.04 –0.02 0.09 –0.04
SA-WDA coeff. 0.44 –0.23 0.22 –0.15 0.01
  • How to read it: in the manufacturing industry, the SA-WDA evolution between December 2015 and January 2016 is revised by +0.57 points: +0.13 points are due to the raw serie's revision and +0.44 points to the new calculation of the SA-WDA.
  • Source : INSEE