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.

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