30 September 2016
2016- n° 260In July 2016, the turnover fell again in the manufacturing industry (−0.7%) Turnover in industry and construction - July 2016
In June 2016, the turnover fell again in the manufacturing industry (-0.7%) but it was more moderatly than in June (-4.4%). The exports declined slightly (-0.3%) after a fall in June as a backlash after the major ship delivery occurred in May.
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 June 2016, the turnover fell again in the manufacturing industry (−0.7%) but it was more moderatly than in June (−4.4%). The exports declined slightly (−0.3%) after a fall in June as a backlash after the major ship delivery occurred in May.
In the industry as a whole, the turnover weakened only a little (−0.2 %) thanks to the rebound in the mining and quarrying, water supply, waste management sector (+2.3 %, after −1.4 %).
Rise over the last three months (+0.8%)
Over the last three months, the turnover advanced in the manufacturing industry (+0.8%) and in the industry as a whole (+0,7 %). This rise was only due to the manufacture of transport equipment (+9.8%). Over this period, the turnover fell in all the other sectors: “other manufacturing” (−1.3%), the manufacture of machinery and equipment goods (−0.9%), the manufacture of coke and refined petroleum products (−1.7%) and the manufacture of food products and beverages (−0.2%).
Decline compared to the previous year (−1.0%)
In the manufacturing industry, the turnover declined over the last three months, compared to the same three months of the previous year (−1.0%). It also shrank in the industry as a whole (−1.2%).
Over this period, the turnover tumbled in the manufacture of coke and refined petroleum products (−21.3%). It declined in “other manufacturing” (−1.6%), the manufacture of machinery and equipment goods (−2.8%) and the manufacture of food products and beverages (−0.8%). However, it surged in the manufacture of transport equipment (+7.5%)
graphiqueIRgraph3 – Turnover in manufacturing industry
- Source: INSEE
graphiqueIRGraph4 – Turnover in manufacturing industry by sector
- Source: INSEE
tableauIRtab5 – Variation of the turnover in industry and construction
| Change in % | |||||
|---|---|---|---|---|---|
| NA : A 10, (A 17) | Weight** | July/ June | June/ May | q-o-q (1) | y-o-y (2) |
| BE: INDUSTRY | 10000 | –0.2 | –3.9 | 0.7 | –1.2 |
| CZ: MANUFACTURING INDUSTRY | 8346 | –0.7 | –4.4 | 0.8 | –1.0 |
| Of which Exports | 2677 | –0,3 | –15,3 | 5,7 | 1,6 |
| (C1): Manufacture of food products and beverages | 1685 | –0.5 | –0.4 | –0.2 | –0.8 |
| (C2): Manufacture of coke and refined petroleum products | 561 | –0.1 | –0.6 | –1.7 | –21.3 |
| (C3): Machinery and equipment goods | 953 | –0.9 | –1.2 | –0.9 | –2.8 |
| (C4): Manufacture of transport equipment | 1265 | –0.1 | –18.9 | 9.8 | 7.5 |
| (C5): Other manufacturing | 3881 | –1.0 | –0.9 | –1.3 | –1.6 |
| DE: Mining and quarrying; energy; water supply; waste management | 1654 | 2.3 | –1.4 | 0.4 | –1.9 |
| FZ: CONSTRUCTION | 10000 | –3.6 | –2.9 | –2.0 | –1.1 |
- ** 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
New decline in “other manufacturing” (−1.0%)
The turnover in “other manufacturing” shrank again in July (−1.0%, after −0.9% in June). It decreased mainly in the manufacture of basic metals and fabricated metal products (−1.6%) and the manufacture of basic pharmaceutical products and pharmaceutical preparations (−3.9%). Conversely, it recovered in the manufacture of chemicals and chemical products (+1.4%, after −1.8%), the only sector in “other manufacturing” whose turnover advanced in July.
Further fall in food products and beverages (−0.5%)
In July, the turnover decreased slightly again in the manufacture of food products and beverages (−0.5% after −0.4% in June).
New decrease in machinery and equipment goods (−0.9%)
The turnover in the manufacture of machinery and equipment goods dropped again in July (−0.9%, after −1.2%). It fell in the manufacture of electrical equipment, (−2.9%) and the manufacture of computer, electronic and optical products (−1.0%). Conversely, it picked up in the manufacture of machinery and equipment n.e.c. (+0.2%, after −1.5%).
Near stability in transport equipment (−0.1%)
The turnover in the manufacture of transport equipment was virtually stable in July (−0.1%) after two exceptionnal months: a huge increase in May (+27.0%) due to a major ship delivery, followed by a backlash in June (−18.9%). It fell again in the manufacture of motor vehicles (−0.6%, after −1.8%) while it rebounded slightly in the manufacture of other transport equipment (+0.3%).
Virtual stability in coke and refined petroleum products (−0.1%)
In July, the turnover was pratically stable in the manufacture of coke and refined petroleum products (−0.1%) after three consecutive months of decline (−0.8% on average per month over April, May and June).
Revisions: +0.1 points in June in the manufacturing industry
In the manufacturing industry, the variation in the turnover in June 2016 has been revised upwards by 0.1 points, at –4.4% instead of −4.5% published previously. On the contrary, it has been lowered by 0.1 points in the industry as a whole.
tableauIRtab8 – Indexes of turnover in industry and construction
| Change in % | |||||
|---|---|---|---|---|---|
| Industries: | Weight* | July 2016 | July/ June | June/ May | q-o-q (1) |
| BE: INDUSTRY | 10000 | 105.1 | –0.2 | –3.9 | 0.7 |
| CZ: MANUFACTURING INDUSTRY | 8346 | 103.1 | –0.7 | –4.4 | 0.8 |
| of which Exports | 2677 | 107.7 | –0.3 | –15.3 | 5.7 |
| (C1): Man. of food products and beverages | 1685 | 111.2 | –0.5 | –0.4 | –0.2 |
| of which Exports | 285 | 114.1 | –1.3 | 1.3 | 0.4 |
| (C2): Man. of coke and refined petroleum products | 561 | 61.6 | –0.1 | –0.6 | –1.7 |
| (C3): Machinery and equipment goods | 953 | 101.5 | –0.9 | –1.2 | –0.9 |
| of which Exports | 469 | 100.0 | 0.9 | –1.6 | –1.1 |
| [CI] Man. of computer, electronic and optical products | 306 | 100.7 | –1.0 | –1.9 | 1.1 |
| [CJ] Man. of electrical equipment | 245 | 94.7 | –2.9 | 0.3 | –0.9 |
| [CK] Man. of machinery and equipment n.e.c. | 402 | 106.4 | 0.2 | –1.5 | –2.3 |
| (C4): Man. of transport equipment | 1265 | 116.3 | –0.1 | –18.9 | 9.8 |
| of which Exports | 617 | 119.8 | –1.1 | –41.4 | 24.8 |
| [CL1] Man. of motor vehicles, trailers and semi-trailers | 702 | 99.2 | –0.6 | –1.8 | 1.0 |
| [CL2] Man. of other transport equipment | 562 | 137.6 | 0.3 | –30.0 | 18.1 |
| (C5): Other manufacturing | 3881 | 101.6 | –1.0 | –0.9 | –1.3 |
| of which Exports | 1237 | 104.6 | –1.1 | 0.4 | –1.4 |
| [CB] Man. of textiles, wearing apparel, leather and related products | 188 | 107.9 | –0.5 | –1.5 | 0.6 |
| [CC] Man. of wood and paper products; printing and reproduction of recorded media | 436 | 94.2 | –1.6 | –0.8 | –1.1 |
| [CE] Man. of chemicals and chemical products | 745 | 96.5 | 1.4 | –1.8 | –2.7 |
| [CF] Man. of basic pharmaceutical products and pharmaceutical preparations | 304 | 108.9 | –3.9 | 0.8 | 2.1 |
| [CG] Man. of rubber and plastics products, and other non-metallic mineral products | 629 | 100.7 | –0.7 | –1.1 | –0.5 |
| [CH] Man. of basic metals and fabricated metal products, except machinery and equipment | 926 | 97.1 | –1.6 | –0.6 | –2.6 |
| [CM] Other manufacturing; repair and installation of machinery and equipment | 653 | 114.3 | –1.1 | –1.0 | –1.3 |
| DE: Mining and quarrying; energy, water supply, sewerage, waste management | 1654 | 115.2 | 2.3 | –1.4 | 0.4 |
| [BZ] Mining and quarrying | 70 | 88.8 | 1.1 | 1.3 | –2.5 |
| [DZ] Electricity, gas, steam and air-conditioning supply | 1205 | 119.0 | 3.0 | –0.2 | 0.7 |
| [EZ] Water supply; sewerage, waste management and remediation | 379 | 107.8 | 0.2 | –5.8 | –0.2 |
| FZ: CONSTRUCTION | 10000 | 97.2 | –3.6 | –2.9 | –2.0 |
- ** 10000=B...E and F
- (1) Quarter-on-quarter: last three months / previous three months
- Source: INSEE
tableauIRtab7 – Revisions of variations
| June/ May | May/ Apr. | Apr./ Mar. | Q4 2014/ Q3 2014 | 2014/ 2013 | |
|---|---|---|---|---|---|
| Industry (BE) | –0.15 | –0.02 | –0.06 | –0.10 | 0.00 |
| raw serie | –0.25 | –0.07 | 0.03 | –0.11 | 0.00 |
| SA-WDA coeff. | 0.10 | 0.05 | –0.09 | 0.01 | 0.00 |
| Manufacturing industry (CZ) | 0.02 | –0.03 | –0.09 | –0.09 | 0.00 |
| raw serie | 0.11 | –0.09 | 0.04 | 0.02 | 0.00 |
| SA-WDA coeff. | –0.09 | 0.05 | –0.13 | –0.11 | 0.00 |
- How to read it: in the manufacturing industry, the SA-WDA evolution between May and June 2016 is revised by +0.02 points. Previously set at −4.46% (rounded to −4.5%, it has been revised at −4.44% (rounded to −4.4%)
- Source : INSEE
Documentation
Methodology (pdf,140 Ko)
Pour en savoir plus
Time series : Turnover indices (VAT)
