In March 2016, the turnover fell slightly in the manufacturing industry (–0.2%)Turnover in industry and construction - March 2016

In March 2016, the turnover fell back slightly in the manufacturing industry (-0.2%) after a virtual stability in February (+0.1%). Exports declined more substantially (-0.6%).

Informations rapides
No 145
Paru le : 31/05/2016
Prochaine parution le : 29/09/2017 at 12:00 - July 2017

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 March 2016, the turnover fell back slightly in the manufacturing industry (−0.2%) after a virtual stability in February (+0.1%). Exports declined more substantially (−0.6%).

In the industry as a whole, the turnover decreased slightly (–0.2%) after a rise in February (+0.7%), owing to a drop in the mining and quarrying; energy; water supply; waste management sector (−0.5%, after +3.6% in February).

Fall over the first quarter (–1.1%)

Over the first quarter of 2016, the turnover went down in the manufacturing industry as well as in the industry as a whole (−1.1%) compared to the last quarter of 2015. It dropped dramatically in the manufacture of coke and refined petroleum products (−10.3%), and, more moderately, in the manufacture of transport equipment (−2.7%). It fell too in other manufacturing (−0.5%), mainly in the manufacture of chemicals and chemical products (−0.9%) and in the manufacture of rubber, plastics and non-metallic mineral products (−1.0%). Conversely, it rose over the first quarter in the manufacture of food products and beverages (+0.5%). It remained virtually stable in the capital goods industry (+0.1%).

Decline compared to the previous year (−0.6%)

In the manufacturing industry, the turnover declined in the first quarter of 2016, compared to the same quarter of 2015 (−0.6%, y-o-y).

Over this period, the turnover plummeted in the manufacture of coke and refined petroleum products (−23.3%) as a result of the fall in producer prices. On the contrary, it went up in the manufacture of transport equipment (+1.7%), in the manufacture of food products and beverages (+1.1%) and in the capital goods industry (+1.2%). It levelled off in other manufacturing (+0.1%).

In the industry as a whole, the turnover declined more (−0.7%) due to a fall in the mining and quarrying, energy, etc. (−1.6%).

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** Mar./ Feb. Feb./ Jan. q-o-q (1) y-o-y (2)
BE: INDUSTRY 10000 –0.2 0.7 –1.1 –0.7
CZ: MANUFACTURING INDUSTRY 8346 –0.2 0.1 –1.1 –0.6
Of which Exports 2677 –0.6 –0.2 –2.8 –1.9
(C1): Manufacture of food products and beverages 1685 –0.2 0.9 0.5 1.1
(C2): Manufacture of coke and refined petroleum products 561 –0.4 –6.0 –10.3 –23.3
(C3): Capital goods industry 953 –0.7 –0.5 0.1 1.2
(C4): Manufacture of transport equipment 1265 0.3 1.2 –2.7 1.7
(C5): Other manufacturing 3881 –0.2 0.0 –0.5 0.1
DE: Mining and quarrying; energy; water supply; waste management 1654 –0.5 3.6 –1.3 –1.6
FZ: CONSTRUCTION 10000 –1.3 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

Further decline in equipments (–0.7%)

The turnover in the capital goods industry declined again in March (−0.7%, after −0.5% in February), only due to the manufacture of machinery and equipment n.e.c. (−2.6%). Conversely, the turnover grew in the manufacture of computer, electronic and optical products (+1.0%) and in the manufacture of electrical equipment (+0.5%).

Slight fall in other manufacturing (–0.2%)

The turnover in other manufacturing decreased slightly in March (−0.2%). It fell back in other manufacturing: industries (−0.7%), in the manufacture of rubber, plastics and non-metallic mineral products (−0.7%) and in that of wood and paper products (−0.9%). However, it was stable in the manufacture of chemicals and chemical products and it rebounded in the manufacture of basic metals and fabricated metal products (+0.7%).

Slight growth in transport equipments (+0.3%)

The turnover in the manufacture of transport equipment grew slightly in March (+0.3%, after +1.2% in February). It picked up in the manufacture of other transport equipment (+1.5%, after −2.0%) while it slipped back in the manufacture of motor vehicles, trailers and semi-trailers (−0.9%, after +5.0% in February).

Slight downturn in food products and beverages (−0.2%)

The turnover edged in the manufacture of food products and beverages (−0.2%) after a rise in February (+0.9%).

Moderate fall in coke and refined petroleum products (−0.4%)

In March, the turnover fell once again in the manufacture of coke and refined petroleum products (−0.4%), albeit more slowly than in the two previous months (−6.0% in February and −8.5% in January).

Revisions: +0.1 points in February in the manufacturing industry

In the manufacturing industry, the evolution of the turnover in February 2016 was revised upwards, at +0.1% instead of 0.0% published previously. It was unchanged in the industry.

IRtab8 – Indexes of turnover in industry and construction

SA-WDA, based year 2010
Indexes of turnover in industry and construction
Change in %
NA: A10, (A17), [A38 or A64] Weight* Mar. 2016 Mar./ Feb. Feb./ Jan. q-o-q (2)
BE: INDUSTRY 10000 106.5 –0.2 0.7 –1.1
CZ: MANUFACTURING INDUSTRY 8346 105.2 –0.2 0.1 –1.1
of which Exports 2677 109.3 –0.6 –0.2 –2.8
(C1): Man. of food products and beverages 1685 114.0 –0.2 0.9 0.5
of which Exports 285 116.1 –1.8 1.7 0.6
(C2): Man. of coke and refined petroleum products 561 62.7 –0.4 –6.0 –10.3
(C3): Capital goods 953 103.3 –0.7 –0.5 0.1
of which Exports 469 100.4 –2.2 –0.4 –0.7
[CI] Man. of computer, electronic and optical products 306 101.4 1.0 –1.6 0.7
[CJ] Man. of electrical equipment 245 98.3 0.5 –0.2 –0.4
[CK] Man. of machinery and equipment n.e.c. (1) 402 107.8 –2.6 0.1 –0.1
(C4): Man. of transport equipment 1265 115.7 0.3 1.2 –2.7
of which Exports 617 123.9 1.7 –0.3 –4.9
[CL1] Man. of motor vehicles, trailers and semi-trailers 702 99.0 –0.9 5.0 –3.0
[CL2] Man. of other transport equipment 562 136.6 1.5 –2.0 –2.4
(C5): Other manufacturing 3881 104.6 –0.2 0.0 –0.5
of which Exports 1237 106.6 –1.0 –0.5 –2.3
[CB] Man. of textiles, wearing apparel, leather and related products 188 108.6 0.5 –0.2 –0.7
[CC] Man. of wood and paper products; printing and reproduction of recorded media 436 96.8 –0.9 0.0 –0.9
[CE] Man. of chemicals and chemical products 745 100.0 0.0 –1.3 –0.9
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 304 108.3 –0.2 1.2 –1.1
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 629 103.2 –0.7 1.2 –1.0
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 926 102.0 0.7 –1.2 –0.1
[CM] Other manufacturing; repair and installation of machinery and equipment 653 117.3 –0.7 1.0 0.2
DE: Mining and quarrying; energy, water supply, sewerage, waste management 1654 113.2 –0.5 3.6 –1.3
[BZ] Mining and quarrying 70 90.4 –1.0 –4.0 –0.9
[DZ] Electricity, gas, steam and air-conditioning supply 1205 115.3 –0.2 3.7 –1.6
[EZ] Water supply; sewerage, waste management and remediation 379 110.6 –1.5 4.5 –0.2
FZ: CONSTRUCTION 10000 103.1 –1.3 1.2 –0.1
  • ** 10000=B...E and F
  • (1) n.e.c.: not elsewhere classified
  • (2) Quarter-on-quarter: last three months / previous three months
  • Source: INSEE

IRtab7 – Measure of variations' revisions

(in percentage points)
Measure of variations' revisions
Feb./ Jan. Jan./ Dec. Dec./ Nov. Q4 2014/ Q3 2014 2014/ 2013
Industry (BE) 0.01 –0.16 0.10 0.08 –0.01
raw serie 0.07 –0.13 0.19 0.13 –0.01
SA-WDA coeff. –0.06 –0.02 –0.10 –0.05 0.00
Manufacturing industry (CZ) 0.03 –0.19 0.10 0.11 –0.02
raw serie 0.23 –0.17 0.23 0.15 –0.02
SA-WDA coeff. –0.20 –0.02 –0.12 –0.04 0.00
  • How to read it: in the manufacturing industry, the SA-WDA evolution between January and February 2016 was revised by +0.03 points: +0.23 points were due to the raw serie's revision and −0.20 points to the new calculation of the SA-WDA.
  • Source: INSEE