In November 2016, manufacturing bounced back markedly (+2.3%)Industrial production index - November 2016

In November 2016, output bounced back markedly in the manufacturing industry (+2.3% after −0.6%). It also grew sharply in the whole industry (+2.2% after −0.1%).

Informations rapides
No 5
Paru le : 10/01/2017
Prochaine parution le : 10/08/2017 at 08:45 - June 2017

Please note: all the series are seasonally (SA) and working-day adjusted (WDA).

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 November 2016, output bounced back markedly in the manufacturing industry (+2.3% after −0.6%). It also grew sharply in the whole industry (+2.2% after −0.1%).

Manufacturing output increased by 0.6% over the past three months

Over the past three months, output grew in the manufacturing industry (+0.6% q-o-q), as well as in the overall industry (+0.7% q-o-q).

Output increased in all branches. It rose sharply in mining and quarrying; energy; water supply (+1.9%), in the manufacture of transport equipment (+1.1%) and in the manufacture of food products and beverages (+0.9%). It soared in the manufacture of coke and refined petroleum products (+16.6%). Finally, it went up slightly in “other manufacturing” (+0.2%) and in the manufacture of machinery and equipment goods (+0.5%).

Over a year, manufacturing output decreased (−0.3%)

Manufacturing output of the last three months faltered (−0.3% y-o-y) compared to the same months of 2015; so did overall industrial output (−0.4% y-o-y).

Over the year, output diminished sharply in the manufacture of machinery and equipment goods (−2.1%) and in the manufacture of food products and beverages (−1.4%), and more moderately in mining and quarrying; energy; water supply (−0.8%). It was virtually stable in “other manufacturing” (−0.1%). Conversely, it went up strongly in the manufacture of transport equipment (+2.4%) and, to a lesser extent, in the manufacture of coke and refined petroleum products (+1.0%).

Graphique1a – Monthly Industrial Production Indices

  • Legend: CZ: Manufacturing - (C1): Manufacture of food products and beverages - (C3): Machinery and equipment goods - (C4): Manufacture of transport equipment - (C5): Other manufacturing
  • Sources: INSEE, SSP, SOeS

Tableau1a – Variation in the Industrial Production

2010 based, SA-WDA changes in %
Variation in the Industrial Production
NA : A10, (A17) Nov. / Oct. Oct. / Sept. Q-o-Q change (1) Year-on-year change (2)
BE: INDUSTRY 2.2 –0.1 0.7 –0.4
CZ: Manufacturing 2.3 –0.6 0.6 –0.3
(C1): Manufacture of food products and beverages 1.3 –2.0 0.9 –1.4
(C2): Manufacture of coke and refined petroleum products 6.3 3.5 16.6 1.0
(C3): Machinery and equipment goods 0.0 2.3 0.5 –2.1
(C4): Manufacture of transport equipment 3.4 1.5 1.1 2.4
(C5): Other manufacturing 3.0 –1.5 0.2 –0.1
DE: Mining and quarrying; energy; water supply; waste management 1.5 3.1 1.9 –0.8
FZ: CONSTRUCTION −0.3 2.0 0.9 1.5
  • (1) Last three months / previous three months
  • (2) Last three months / same three months of previous year
  • The codes correspond to the level of aggregation A 10 (A 17) of the "NA" aggregated classification based on the French classification of activities NAF rev.2.
  • Sources: INSEE, SSP, SOeS

Tableau2a – Variation in the Industrial Production

2010 based, SA-WDA changes in %
Variation in the Industrial Production
NA : A10, (A17), [A38 or A64] Nov. 2016 Nov. / Oct. Oct. / Sept. Quarter on quarter change
BE: INDUSTRY 102.9 2.2 –0.1 0.7
CZ: Manufacturing 103.6 2.3 –0.6 0.6
(C1): Man. of food products and beverages 101.1 1.3 –2.0 0.9
(C2): Man. of coke and refined petroleum products 97.6 6.3 3.5 16.6
(C3): Machinery and equipment goods 102.1 0.0 2.3 0.5
[CI] Man. of computer, electronic and optical products 106.2 4.3 –1.2 –1.4
[CJ] Man. of electrical equipment 94.6 6.5 –1.3 1.9
[CK] Man. of machinery and equipment n.e.c. (1) 102.4 –7.1 7.7 1.9
(C4): Man. of transport equipment 114.6 3.4 1.5 1.1
[CL1] Man. of motor vehicles, trailers and semi-trailers 105.2 3.5 3.8 0.5
[CL2] Man. of other transport equipment 123.9 3.3 –0.2 1.6
(C5): Other manufacturing 102.6 3.0 –1.5 0.2
[CB] Man. of textiles, wearing apparel, leather and related products 92.1 0.8 4.7 –4.4
[CC] Man. of wood and paper products; printing and reproduction of recorded media 85.3 –0.1 0.4 –0.7
[CE] Man. of chemicals and chemical products 121.7 5.3 –4.2 2.4
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 117.2 9.2 –0.5 –3.9
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 99.7 2.1 0.1 0.1
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 97.9 3.1 –3.7 2.5
[CM] Other manufacturing; repair and installation of machinery and equipment 99.9 0.0 –0.8 0.0
DE: Mining and quarrying; energy; water supply; waste management 98.5 1.5 3.1 1.9
[BZ] Mining and quarrying 96.4 3.3 –1.2 1.7
[DZ] Electricity, gas, steam and air-conditioning supply 98.0 1.4 3.9 1.4
[EZ] Water supply; sewerage, waste management and remediation 103.8 0.7 –0.1 5.5
FZ: CONSTRUCTION 89.0 –0.3 2.0 0.9
MIGs (2)
Capital goods 105.0 0.5 1.3 1.3
Intermediate goods 101.2 3.5 –2.4 1.4
Consumer durables 101.3 2.3 1.2 –7.6
Consumer non-durables 105.3 3.3 –1.2 –1.2
Energy 98.2 1.6 3.4 2.5
  • (1) n.e.c. : not elsewhere classifiable
  • (2) Main industrial groupings: definition in Commission regulation EC of 14 June 2007
  • Sources: INSEE, SSP, SOeS

In November, output bounced back strongly in “other manufacturing” (+3.0% after −1.5%)

Output picked up strongly in pharmaceuticals (+9.2% after −0.5%), in chemicals (+5.3% after −4.2%) as well as in the manufacture of basic metals (+3.1% after −3.7%). It accelerated in the manufacture of rubber and plastics products, and other non-metallic mineral products (+2.1% after +0.1%).

Output gathered pace in the manufacture of transport equipment (+3.4% after +1.5%)

Output bounced back in the manufacture of other transport equipment (+3.3% after −0.2%). It continued to increase markedly in the manufacture of motor vehicles, trailers and semi-trailers (+3.5% after +3.8%).

Output went on growing in mining and quarrying, energy, water supply, waste management (+1.5% after +3.1%)

Output went up again in electricity, gas, steam and air-conditioning supply (+1.4%), though less vigorously than in October (+3.9%).

Output recovered in the manufacture of food products and beverages (+1.3% after −2.0%)

Output rebounded in the manufacture of food products and beverages (+1.3% after −2.0%), in particular in the processing and preserving of fruits and vegetables and in the manufacture of beverages.

Output rose sharply again in the manufacture of coke and refined petroleum products (+6.3% after +3.5%)

Output accelerated in the manufacture of coke and refined petroleum products (+6.3% after +3.5%).

Output was stable in the manufacture of machinery and equipment goods (after +2.3% in October)

Output rallied strongly in the manufacture of computer, electronic and optical products (+4.3% after −1.2%) and in the manufacture of electrical equipment (+6.5% after −1.3%). By contrast, it fell back sharply in the manufacture of machinery and equipment n.e.c. (−7.1% after +7.7%).

Revisions for October 2016

Tableau3a – Revision of variations

(in percentage points)
Revision of variations
Oct. / Sept. Sept. / Aug. Aug. / July Q3 2016 / Q2 2016 2015 / 2014
Industry (BE) 0.07 –0.08 0.22 0.14 0.00
raw serie –0.05 –0.05 0.07 0.03 –0.01
SA-WDA parameters 0.12 –0.03 0.15 0.11 0.01
Manufacturing (CZ) 0.00 –0.11 0.25 0.16 0.00
raw serie –0.06 –0.06 0.08 0.04 0.00
SA-WDA parameters 0.06 –0.05 0.17 0.12 0.00
  • How to read it: in the manufacturing sector, the SA-WDA variation in output between October 2016 and September 2016 is not revised, as the revision of the raw series (−0.06) is offset by the effect of the update of the SA-WDA parameters (+0.06).
  • Sources: INSEE, SSP, SOeS