In August 2016, the turnover recovered strongly in the manufacturing industry (+3.2%)Turnover in industry and construction - August 2016

In August 2016, the turnover in the manufacturing industry recovered strongly (+3.2% after −0.7% in July). Export turnover picked up especially (+3.1% after −0.4%).

In the industry as a whole, the turnover also recovered to a similar extent (+3.1% after −0.3%).

Informations rapides
No 287
Paru le : 07/12/2016

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 August 2016, the turnover in the manufacturing industry recovered strongly (+3.2% after −0.7% in July). Export turnover picked up especially (+3.1% after −0.4%).

In the industry as a whole, the turnover also recovered to a similar extent (+3.1% after −0.3%).

Fall over the last three months (−0.9%)

Over the last three months, the turnover shrank in the manufacturing industry (−0.9%) and in the industry as a whole (−0.6%). It decreased sharply in the manufacturing of transport equipment (−4.2%) and, to a lesser degree, in “other manufacturing” (−0.8%) and in machinery and equipment goods (−0.4%). On the other hand, the turnover rose in the manufacturing of food products and beverages (+1.2%) and in that of coke and refined petroleum products (+0.5%).

Decline compared to the previous year (−1.2%)

The turnover declined over the last three months, compared to the same three months of the previous year in the manufacturing industry (−1.2%) as in the industry as a whole (−1.3%). Over this period, the turnover tumbled in the manufacture of coke and refined petroleum products (−14.9%). It declined in “other manufacturing” (−1.7%) and in the manufacture of machinery and equipment goods (−1.7%). Conversely, it advanced in the manufacturing of transport equipment (+2.4%). It was virtually stable in the manufacture of food products and beverages (+0.1%).

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** Aug./ July July/ June q-o-q (1) y-o-y (2)
BE: INDUSTRY 10000 3.1 −0.3 −0.6 −1.3
CZ: MANUFACTURING INDUSTRY 8346 3.2 −0.7 −0.9 −1.2
Of which Exports 2677 3.1 −0.4 −4.6 −3.0
(C1): Manufacture of food products and beverages 1685 2.6 0.1 1.2 0.1
(C2): Manufacture of coke and refined petroleum products 561 3.2 0.0 0.5 −14.9
(C3): Machinery and equipment goods 953 4.0 −1.5 −0.4 −1.7
(C4): Manufacture of transport equipment 1265 5.0 −0.9 −4.2 2.4
(C5): Other manufacturing 3881 2.6 −1.0 −0.8 −1.7
DE: Mining and quarrying; energy; water supply; waste management 1654 2.8 1.7 0.8 −1.8
FZ: CONSTRUCTION 10000 2.7 −1.7 −1.6 −1.8
  • ** 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

Strong rebound in the manufacture of transport equipment (+5.0%)

The turnover in the manufacture of transport equipment rebounded strongly in August (+5.0% after −0.9% in July). It picked up in the manufacture of motor vehicles, trailers and semi-trailers (+6.4%) and, to a lesser extent in that of other transport equipment (+3.8%).

Sharp upturn in machinery and equipment goods (+4.0%)

The turnover of machinery and equipment goods surged in August (+4.0%) after two months of decline (−1.5% in July and −0.9% in June). It accelerated in the manufacture of computer, electronic and optical products (+6.4% after +0.4%) and bounced back markedly in the manufacture of electrical equipment (+9.1% after −6.0%). By contrast, it declined again slightly in the manufacturing of machinery and equipment n.e.c. (−0.4% as in July).

Rebound in “other manufacturing” (+2.6%)

The turnover in “other manufacturing” recovered sharply in August (+2.6% after −1.0% in July). In particular, it rose strongly in the manufacture of chemicals and chemical products (+4.4% after +3.0%). It recovered sharply in the manufacture of basic pharmaceutical products and pharmaceutical preparations (+8.0% after −6.6%) and in the other manufacturing ; repair and installation of machinery and equipment sector (+3.4% after −3.3%). The rebound is more moderate in the manufacture of basic metals and fabricated metal products (+1.1% after −1.1%).

Rise in food products and beverages (+2.6%)

The turnover rose in the manufacture of food products and beverages in August (+2.6%) after a near stability in July (+0.1%).

Recovery in coke and refined petroleum products (+3.2%)

In August, the turnover picked up in coke and refined petroleum products (+3.2%) after a stability in July, preceded by three consecutive months of growth.

Revisions:

In the manufacturing industry, the variation in turnover for July 2016 is unchanged, at −0.7%. It has been lowered by 0.1 points in the industry as a whole.

IRtab8 – Indexes of turnover in industry and construction

SA-WDA, based year 2010
Indexes of turnover in industry and construction
Change in %
Industries: Weight* Aug. 2016 Aug./ July July/ June q-o-q (1)
BE: INDUSTRY 10000 108.6 3.1 −0.3 −0.6
CZ: MANUFACTURING INDUSTRY 8346 106.8 3.2 −0.7 −0.9
of which Exports 2677 111.5 3.1 −0.4 −4.6
(C1): Man. of food products and beverages 1685 115.1 2.6 0.1 1.2
of which Exports 285 118.7 3.4 −0.9 2.5
(C2): Man. of coke and refined petroleum products 561 64.7 3.2 0.0 0.5
(C3): Machinery and equipment goods 953 105.9 4.0 −1.5 −0.4
of which Exports 469 102.6 1.6 0.7 0.3
[CI] Man. of computer, electronic and optical products 306 109.8 6.4 0.4 1.8
[CJ] Man. of electrical equipment 245 100.5 9.1 −6.0 −0.8
[CK] Man. of machinery and equipment n.e.c. 402 106.2 −0.4 −0.4 −1.7
(C4): Man. of transport equipment 1265 122.8 5.0 −0.9 −4.2
of which Exports 617 127.5 5.1 −0.7 −16.8
[CL1] Man. of motor vehicles, trailers and semi-trailers 702 105.5 6.4 −1.9 1.3
[CL2] Man. of other transport equipment 562 144.5 3.8 0.0 −8.7
(C5): Other manufacturing 3881 104.3 2.6 −1.0 −0.8
of which Exports 1237 107.1 2.7 −1.3 −0.3
[CB] Man. of textiles, wearing apparel, leather and related products 188 110.0 0.7 0.0 0.2
[CC] Man. of wood and paper products; printing and reproduction of recorded media 436 96.4 1.1 −0.7 −0.4
[CE] Man. of chemicals and chemical products 745 101.3 4.4 3.0 −1.2
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 304 114.6 8.0 −6.6 1.6
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 629 102.4 0.5 0.1 −0.2
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 926 98.8 1.1 −1.1 −1.4
[CM] Other manufacturing; repair and installation of machinery and equipment 653 116.1 3.4 −3.3 −1.9
DE: Mining and quarrying; energy, water supply, sewerage, waste management 1654 117.7 2.8 1.7 0.8
[BZ] Mining and quarrying 70 90.7 0.0 2.1 0.7
[DZ] Electricity, gas, steam and air-conditioning supply 1205 119.8 1.9 1.6 1.2
[EZ] Water supply; sewerage, waste management and remediation 379 116.1 6.3 1.9 −0.5
FZ: CONSTRUCTION 10000 102.3 2.7 −1.7 −1.6
  • ** 10000=B...E and F
  • (1) Quarter-on-quarter: last three months / previous three months
  • Source: INSEE

IRtab7 – Revisions of variations

(in point %)
Revisions of variations
July/ June June/ May. May/ Apr. Q2 2016/ Q1 2016 2015/ 2014
Industry (BE) −0.15 0.06 0.01 0.27 −0.01
raw serie −0.19 −0.04 −0.04 0.07 0.00
SA-WDA coeff. 0.04 0.10 0.05 0.20 −0.01
Manufacturing industry (CZ) −0.05 0.11 −0.01 0.33 −0.01
raw serie 0.12 −0.04 −0.06 0.08 0.00
SA-WDA coeff. −0.17 0.15 0.05 0.25 −0.01
  • How to read it: in the manufacturing industry, the SA-WDA variation between June and July 2016 is revised by −0.05 points: +0.12 points are due to the revision of the raw series and −0.17 points to the new calculation of the SA-WDA parameters.
  • Source: INSEE