In May 2016, the turnover rebounded dramatically in the manufacturing industry (+5.1%)Turnover in industry and construction - May 2016

In May 2016, the turnover rocketed sharply in the manufacturing industry (+5.1%) after a decline in April (–1.1%). Exports took off dramatically (+19.2%), owing to high deliveries of transport equipments.

Informations rapides
No 204
Paru le : 29/07/2016
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 May 2016, the turnover rocketed sharply in the manufacturing industry (+5.1%) after a decline in April (–1.1%). Exports took off dramatically (+19.2%), owing to high deliveries of transport equipments.

In the industry as a whole, the turnover improved a little less fiercely (+4.1%), because of a slight fall in the mining and quarrying; energy; water supply; waste management sector (–0.3%).

Rise over the last three months (+0.5%)

Over the last three months, the turnover rose in the manufacturing industry (+0.5%), and more vigourously in the industry as a whole (+0.8%). Indeed, it improved substantially in the mining and quarrying, energy, water supply, waste management (+2.2%).

Over this period, the turnover climbed sharply in the manufacture of transport equipment (+8.0%), owing to the manufacture of other transport equipment (+13.5%). On the other hand, it declined sharply in the manufacture of coke and refined petroleum products (−8.8%) and, to a lesser extent, in the manufacture of food products and beverages (–0.9%), in other manufacturing (−0.4%), and in the manufacture of machinery and equipement goods (–0.5%).

Virtual stability compared to the previous year (−0.1%)

In the manufacturing industry, the turnover remained virtually stable over the last three months, compared to the same months of 2015 (−0.1%)

Over this period, the turnover jumped dramatically in the manufacture of transport equipment (+10.3%), but it plummeted in the manufacture of coke and refined petroleum products (−24.6%) because of the fall of producer prices. It declined more moderately in other manufacturing (−0.7%) and in the manufacture of food products and beverages (−0.9%). It levelled off in the manufacture of machinery and equipment goods .

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** May/ Apr. Apr./ Mar. q-o-q (1) y-o-y (2)
BE: INDUSTRY 10000 4,1 –0,4 0,8 –0,2
CZ: MANUFACTURING INDUSTRY 8346 5,1 –1,1 0,5 –0,1
Of which Exports 2677 19,2 –1,3 3,7 2,2
(C1): Manufacture of food products and beverages 1685 1,5 –1,6 –0,9 –0,9
(C2): Manufacture of coke and refined petroleum products 561 –0,9 –1,3 –8,8 –24,6
(C3): Machinery and equipment godds 953 0,6 0,1 –0,5 0,0
(C4): Manufacture of transport equipment 1265 27,1 –1,5 8,0 10,3
(C5): Other manufacturing 3881 0,5 –1,0 –0,4 –0,7
DE: Mining and quarrying; energy; water supply; waste management 1654 –0,3 2,5 2,2 –0,7
FZ: CONSTRUCTION 10000 2,0 –0,2 –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

Exceptional bound in transport equipments (+27.1%)

The turnover in the manufacture of transport equipment reached a very high level in May (+27.1%, after −1.5% in April) thanks to the delivery of a very big boat (the luxurious “Harmony of the Seas”) in the manufacture of other transport equipment (+50.9%). The turnover also climbed in the manufacture of motor vehicles (+2.4%).

Rebound in food products and beverages (+1.5%)

The turnover bounced back in the manufacture of food products and beverages in May (+1.5%, after –1.6%).

Slight rebound in “other manufacturing” (+0.5%)

The turnover in “other manufacturing” recovered in May (+0.5%, after −1.0% in April). It grew mainly in the other manufacturing: repair and installation (+1.0%), the manufacture of rubber, plastics and non-metallic mineral products (+1.0%), the manufacture of textiles, wearing apparel... (+2.2%) and the manufacture of basic pharmaceutical products and pharmaceutical preparations (+1.2%). Conversely, it declined once again in the manufacture of chemicals and chemical products (−0.6%).

Rise in machinery and equipment goods (+0.6%)

The turnover in the manufacture of machinery and equipment goods went up in May (+0.6%) after a virtual stability in April (+0.1%). It rebounded in the manufacture of computer, electronic and optical products (+3.0%, after –0.9% in April). On the other hand, it fell back in the manufacture of machinery and equipment n.e.c. (–0.9%, after +1.0%). It remained virtually stable in the manufacture of electrical equipment (+0.1%).

New fall in coke and refined petroleum products (–0.9%)

In May, the turnover fell again in the manufacture of coke and refined petroleum products (–0.9% after –1.3%).

Revisions: +0.1 points in April in the manufacturing industry

In the manufacturing industry, the variation of the turnover in April 2016 has been revised upwards by 0.1 points, at –1.1% instead of –1.2% published previously.

IRtab8 – Indexes of turnover in industry and construction

SA-WDA, based year 2010
Indexes of turnover in industry and construction
Change in %
Industries: Weight* May 2016 May/ Apr. Apr./ Mar. q-o-q (1)
BE: INDUSTRY 10000 109,9 4,1 –0,4 0,8
CZ: MANUFACTURING INDUSTRY 8346 108,9 5,1 –1,1 0,5
of which Exports 2677 127,6 19,2 –1,3 3,7
(C1): Man. of food products and beverages 1685 112,5 1,5 –1,6 –0,9
of which Exports 285 113,9 1,9 –2,3 –2,0
(C2): Man. of coke and refined petroleum products 561 61,5 –0,9 –1,3 –8,8
(C3): Machinery and equipment goods 953 104,2 0,6 0,1 –0,5
of which Exports 469 101,1 0,2 0,1 –1,8
[CI] Man. of computer, electronic and optical products 306 104,4 3,0 –0,9 1,4
[CJ] Man. of electrical equipment 245 97,5 0,1 –0,1 –0,3
[CK] Man. of machinery and equipment n.e.c. 402 108,0 –0,9 1,0 –2,0
(C4): Man. of transport equipment 1265 143,4 27,1 –1,5 8,0
of which Exports 617 206,6 76,7 –4,3 21,1
[CL1] Man. of motor vehicles, trailers and semi-trailers 702 102,0 2,4 0,5 2,0
[CL2] Man. of other transport equipment 562 195,1 50,9 –3,3 13,5
(C5): Other manufacturing 3881 104,1 0,5 –1,0 –0,4
of which Exports 1237 105,2 –0,8 0,1 –2,0
[CB] Man. of textiles, wearing apparel, leather and related products 188 110,6 2,2 –0,3 0,4
[CC] Man. of wood and paper products; printing and reproduction of recorded media 436 96,7 0,7 –0,7 –0,9
[CE] Man. of chemicals and chemical products 745 98,0 –0,6 –0,7 –2,6
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 304 111,3 1,2 1,5 0,3
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 629 103,3 1,0 0,1 0,1
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 926 99,4 –0,2 –3,5 0,0
[CM] Other manufacturing; repair and installation of machinery and equipment 653 117,9 1,0 –0,3 0,6
DE: Mining and quarrying; energy, water supply, sewerage, waste management 1654 114,9 –0,3 2,5 2,2
[BZ] Mining and quarrying 70 86,5 –3,8 –0,3 –4,5
[DZ] Electricity, gas, steam and air-conditioning supply 1205 116,8 –1,5 3,9 2,8
[EZ] Water supply; sewerage, waste management and remediation 379 114,0 4,4 –1,6 1,3
FZ: CONSTRUCTION 10000 104,5 2,0 –0,2 –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 point %)
Measure of variations' revisions
Apr./ Mar.. Mar./ Feb.. Feb./ Jan.. Q2 2016/ Q1 2016 2015/ 2014
Industry (BE) 0,21 0,10 –0,13 –0,14 0,00
raw seriee 0,05 0,05 –0,01 –0,14 0,00
SA-WDA coeff.. 0,16 0,05 –0,12 0,00 0,00
Manufacturing industry (CZ) 0,08 0,07 –0,12 –0,17 0,00
raw seriee 0,05 0,05 –0,02 –0,15 0,00
SA-WDA coeff.. 0,03 0,02 –0,10 –0,01 0,00
  • How to read it: in the manufacturing industry, the SA-WDA evolution between March and April 2016 is revised by +0.08 points: +0.05 points are due to the raw serie's revision and +0.03 points to the new calculation of the SA-WDA.
  • Source: INSEE