In September 2016, the turnover fell back in the manufacturing industry (−0.4%)Turnover in industry and construction - September 2016

In September 2016, the turnover in the manufacturing industry fell back (−0.4%) after a sharp increase in August (+3.0%). The export turnover rose again but at a lower pace than in the previous month (+0.4% after +3.0%).

In the industry as a whole, the turnover fell back as well (−0.6% after +2.9%).

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 September 2016, the turnover in the manufacturing industry fell back (−0.4%) after a sharp increase in August (+3.0%). The export turnover rose again but at a lower pace than in the previous month (+0.4% after +3.0%).

In the industry as a whole, the turnover fell back as well (−0.6% after +2.9%).

Virtual stability over the third quarter (+0.1%)

Over the third quarter 2016, the turnover remained virtually stable in the manufacturing industry (+0.1% compared to the second quarter). It rose slightly in the industry as a whole (+0.4%) owing to the mining and quarrying : energy, water supply, sewerage, waste management (+1.8%). Within the manufacturing industry, the turnover declined in the manufacture of transport equipment (−2.5%) whereas it grew in the manufacture of food products and beverages (+1.7%), in the manufacture of coke and refined petroleum products (+2.8%) and, to a lesser extent, in the “other manufacturing” sector (+0.2%). It remained virtually stable in the machinery and equipment goods (+0.1%)

Rise compared to the previous year (+0.7%)

The turnover of the third quarter 2016 rose compared to the third quarter of 2015 in the manufacturing industry (+0.7%) as in the industry as a whole (+0.6%). Over this period, the turnover soared in the manufacture of transport equipment (+9.1%) and rose slightly in the manufacture of food products and beverages (+0.3%) and in the machinery and equipment goods (+0.4%). Conversely, it decreased strongly in the manufacture of coke and refined petroleum products (−9.9%) and, to a lesser extent, in the “other manufacturing” sector (−1.0%).

Decline in food products and beverages (−1.1%)

The turnover fell back in the manufacture of food products and beverages in September (−1.1%) after two consecutive months of increase (including +2.3% in August).

Graph1 – Turnover in manufacturing industry

  • Source: INSEE

Graph2 – Turnover in manufacturing industry by sector

  • Source: INSEE

Table1 – 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* Sept./ Aug. Aug./ July q-o-q (1) y-o-y (2)
BE: INDUSTRY 10000 −0.6 2.9 0.4 0.6
CZ: MANUFACTURING INDUSTRY 8346 −0.4 3.0 0.1 0.7
Of which Exports 2677 0.4 3.0 −3.4 −0.9
(C1): Manufacture of food products and beverages 1685 −1.1 2.3 1.7 0.3
(C2): Manufacture of coke and refined petroleum products 561 0.4 3.2 2.8 −9.9
(C3): Machinery and equipment goods 953 −1.5 4.5 0.1 0.4
(C4): Manufacture of transport equipment 1265 0.4 5.5 −2.5 9.1
(C5): Other manufacturing 3881 −0.2 1.9 0.2 −1.0
DE: Mining and quarrying; energy; water supply; waste management 1654 −1.5 2.5 1.8 0.3
FZ: CONSTRUCTION 10000 1.1 3.7 −1.0 −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

Contraction in machinery and equipment goods (−1.5%)

The turnover of machinery and equipment goods shrank in September (−1.5%) after a sharp rebound in August (+4.5%). It fell back in that of computer, electronic and optical products (−4.5% after +7.8%) and in the manufacture of electrical equipment −1.6% after +8.9%). By contrast, it picked up in the manufacture of machinery and equipment n.e.c. (+1.0% after −0.3%).

Slight fall in “other manufacturing” (−0.2%)

The turnover in “other manufacturing” decreased slightly in September(−0.2%) after a significant increase in August (+1.9%). It shrank in pharmaceuticals (−5.4% after +6.7%) and the manufacture of textiles, wearing apparel, leather and related products (−1.9% after +1.2%). By contrast, it rose again in other manufacture, including repair and installation (+1.2% after +3.5%) and the manufacture of basic metals and fabricated metal products (+0.5% after +1.1%).

Increase in transport equipement (+0.4%)

The turnover in the manufacture of transport equipment slowed significantly in September (+0.4%) after a sharp rebound in August (+5.5%). It accelerated in the manufacture of other transport equipment (+9.4% after +4.0%) but fell back strongly in the manufacture of motor vehicles (−9.4% after +7.2%).

Further increase in coke and refined petroleum products (+0.4%)

In September, the turnover grew again in coke and refined petroleum products but more moderately than in August (+0.4% after +3.2%).

Revisions:

In the manufacturing industry, the variation in the turnover in August has been lowered by 0.2 points, at +3.0% instead of +3.2% published previously.

Table2 – Indexes of turnover in industry and construction

SA-WDA, based year 2010
Indexes of turnover in industry and construction
Change in %
Industries: Weight* Sept. 2016 Sept./ Aug. Aug./ July q-o-q (1)
BE: INDUSTRY 10000 108.2 −0.6 2.9 0.4
CZ: MANUFACTURING INDUSTRY 8346 106.6 −0.4 3.0 0.1
of which Exports 2677 112.2 0.4 3.0 −3.4
(C1): Man. of food products and beverages 1685 113.6 −1.1 2.3 1.7
of which Exports 285 118.6 0.0 3.0 2.9
(C2): Man. of coke and refined petroleum products 561 65.6 0.4 3.2 2.8
(C3): Machinery and equipment goods 953 104.5 −1.5 4.5 0.1
of which Exports 469 101.5 –1.3 1.7 0.8
[CI] Man. of computer, electronic and optical products 306 105.6 −4.5 7.8 3.1
[CJ] Man. of electrical equipment 245 99.0 −1.6 8.9 −0.7
[CK] Man. of machinery and equipment n.e.c. 402 107.0 1.0 −0.3 −1.6
(C4): Man. of transport equipment 1265 124.7 0.4 5.5 −2.5
of which Exports 617 132.1 2.1 5.6 −14.2
[CL1] Man. of motor vehicles. trailers and semi-trailers 702 96.7 −9.4 7.2 0.6
[CL2] Man. of other transport equipment 562 159.7 9.4 4.0 −5.1
(C5): Other manufacturing 3881 104.1 −0.2 1.9 0.2
of which Exports 1237 107.0 0.2 2.3 0.2
[CB] Man. of textiles. wearing apparel, leather and related products 188 108.4 −1.9 1.2 0.1
[CC] Man. of wood and paper products; printing and reproduction of recorded media 436 96.2 −0.2 1.1 −0.2
[CE] Man. of chemicals and chemical products 745 101.0 0.2 1.2 3.5
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 304 107.9 −5.4 6.7 −1.6
[CG] Man. of rubber and plastics products. and other non-metallic mineral products 629 102.6 0.1 0.6 0.1
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 926 99.4 0.5 1.1 −0.5
[CM] Other manufacturing; repair and installation of machinery and equipment 653 117.9 1.2 3.5 −0.9
DE: Mining and quarrying; energy. water supply. sewerage. waste management 1654 116.0 −1.5 2.5 1.8
[BZ] Mining and quarrying 70 90.8 −0.1 −0.2 2.6
[DZ] Electricity, gas, steam and air-conditioning supply 1205 119.3 −0.5 1.7 1.8
[EZ] Water supply; sewerage. waste management and remediation 379 110.3 −4.9 6.0 1.6
FZ: CONSTRUCTION 10000 104.0 1.1 3.7 −1.0
  • * 10000=B...E and F
  • (1) Quarter-on-quarter: last three months / previous three months
  • Source: INSEE

Table3 – Revisions of variations

(in point %)
Revisions of variations
Aug./ July July/ June June/ May Q2 2016/ Q1 2016 2015/ 2014
Industry (BE) –0.23 0.43 –0.09 –0.14 0.00
raw serie –0.21 0.26 –0.06 –0.24 0.00
SA-WDA coeff. –0.02 0.17 –0.03 0.10 0.00
Manufacturing industry (CZ) –0.22 0.46 –0.10 –0.18 0.00
raw serie –0.41 0.30 –0.08 –0.29 0.00
SA-WDA coeff. 0.18 0.16 –0.02 0.12 0.00
  • How to read it: in the manufacturing industry, the SA-WDA variation between July and August 2016 is revised by −0.22 points: +0.41 points are due to the revision of the raw series and −0.18 points to the new calculation of the SA-WDA parameters.
  • Source: INSEE