In February 2017, manufacturing output continued to decrease (−0.6%)Industrial production index - February 2017

In February 2017, output diminished for the third month in a row in the manufacturing industry (−0.6% after −0.9% in January). It decreased sharply in the whole industry (−1.6% after −0.2%).

Informations rapides
No 94
Paru le : 07/04/2017
Prochaine parution le : 10/05/2017 at 08:45 - March 2017

Please note: all the series are seasonally (SA) and working-day adjusted (WDA) and SA-WDA models have been updated for this publication.

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 February 2017, output diminished for the third month in a row in the manufacturing industry (−0.6% after −0.9% in January). It decreased sharply in the whole industry (−1.6% after −0.2%).

Manufacturing output decreased slightly over the past three months (−0.3%)

Over the past three months, output went down slightly in the manufacturing industry (−0.3% q-o-q) as well as in the overall industry (−0.2% q-o-q).

Output decreased in the manufacture of food products and beverages (−1.0%) and in the manufacture of machinery and equipment goods (−0.8%). It tumbled in the manufacture of coke and refined petroleum products (−7.0%). Conversely, it increased slightly in the manufacture of transport equipment (+0.4%). It was stable in “other manufacturing” and in mining and quarrying, energy, water supply.

Over a year, manufacturing output also edged down (−0.5%)

Manufacturing output of the last three months diminished compared to the same months of the previous year (−0.5%, y-o-y). It was stable in the whole industry.

Over a year, output decreased in “other manufacturing” (−1.0%) and in the manufacture of food products and beverages (−1.9%). By contrast, it increased markedly in mining and quarrying, energy, water supply (+3.5%) and in the manufacture of transport equipment (+2.3%). It grew slightly in the manufacture of machinery and equipment goods (+0.3%) and more significantly in the manufacture of coke and refined petroleum products (+1.4%).

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) Feb. / Jan. Jan. / Dec. Q-o-Q change (1) Year-on-year change (2)
BE: INDUSTRY –1.6 –0.2 –0.2 0.0
CZ: Manufacturing –0.6 –0.9 –0.3 –0.5
(C1): Manufacture of food products and beverages 0.9 –1.3 –1.0 –1.9
(C2): Manufacture of coke and refined petroleum products –4.8 –8.4 –7.0 1.4
(C3): Machinery and equipment goods –1.7 –1.7 –0.8 0.3
(C4): Manufacture of transport equipment –2.3 0.1 0.4 2.3
(C5): Other manufacturing –0.2 –0.7 0.0 –1.0
DE: Mining and quarrying; energy; water supply; waste management –7.9 4.6 0.0 3.5
FZ: CONSTRUCTION 8.1 –3.6 0.3 2.6
  • (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] Feb. 2017 Feb. / Jan. Jan. / Dec. Quarter-on-quarter change
BE: INDUSTRY 100.1 –1.6 –0.2 –0.2
CZ: Manufacturing 101.2 –0.6 –0.9 –0.3
(C1): Man. of food products and beverages 100.1 0.9 –1.3 –1.0
(C2): Man. of coke and refined petroleum products 80.9 –4.8 –8.4 –7.0
(C3): Machinery and equipment goods 98.4 –1.7 –1.7 –0.8
[CI] Man. of computer, electronic and optical products 107.1 –0.9 4.5 2.1
[CJ] Man. of electrical equipment 88.3 2.9 –5.4 –2.0
[CK] Man. of machinery and equipment n.e.c. (1) 95.4 –4.8 –5.9 –3.2
(C4): Man. of transport equipment 110.9 –2.3 0.1 0.4
[CL1] Man. of motor vehicles, trailers and semi-trailers 103.0 –1.3 –3.7 2.0
[CL2] Man. of other transport equipment 118.8 –3.1 3.5 –0.9
(C5): Other manufacturing 100.6 –0.2 –0.7 0.0
[CB] Man. of textiles, wearing apparel, leather and related products 82.6 –5.7 –2.6 –2.3
[CC] Man. of wood and paper products; printing and reproduction of recorded media 85.8 1.9 –0.6 –0.4
[CE] Man. of chemicals and chemical products 117.9 –1.1 –2.5 0.9
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 111.9 –6.1 2.4 4.2
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 100.0 3.6 –2.4 0.4
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 97.0 1.6 0.0 –0.7
[CM] Other manufacturing; repair and installation of machinery and equipment 98.6 0.0 –0.4 –1.7
DE: Mining and quarrying; energy; water supply; waste management 92.9 –7.9 4.6 0.0
[BZ] Mining and quarrying 98.9 18.8 –12.7 –3.2
[DZ] Electricity, gas, steam and air-conditioning supply 90.7 –10.8 6.4 0.0
[EZ] Water supply; sewerage, waste management and remediation 106.8 –0.1 2.4 1.9
FZ: CONSTRUCTION 92.9 8.1 –3.6 0.3
MIGs (2)
Capital goods 102.4 –1.1 0.1 –1.1
Intermediate goods 99.5 1.8 –2.6 –0.2
Consumer durables 102.9 –2.3 –2.9 4.5
Consumer non-durables 102.6 –1.9 –0.1 0.5
Energy 91.5 –9.3 5.1 –0.1
  • (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 February, output tumbled in mining and quarrying, energy, water supply, waste management (−7.9% after +4.6%)

Output dropped sharply in electricity, gas, steam and air-conditioning supply, because of exceptionally mild temperatures in February.

Output diminished sharply in the manufacture of transport equipment (−2.3% after +0.1%)

Output fell back in the manufacture of other transport equipment (−3.1% after +3.5%) and declined again in the manufacture of motor vehicles, trailers and semi-trailers (−1.3% after −3.7%).

Output decreased again in the manufacture of machinery and equipment goods (−1.7% after −1.7%)

Output fell again sharply in the manufacture of machinery and equipment n.e.c. (−4.8% after −5.9%). It slipped back in the manufacture of computer, electronic and optical products (−0.9% after +4.5%). By contrast, it bounced back in the manufacture of electrical equipment (+2.9% after −5.4%).

Output decreased slightly in “other manufacturing” (−0.2% after −0.7%)

Output fell sharply in pharmaceuticals (−6.1%) and in textiles, clothing and footwear (−5.7%). It also decreased in chemicals (−1.1%). By contrast, it picked up in the manufacture of rubber and plastics products and other non-metallic mineral products (+3.6%) as well as in the manufacture of basic metals and fabricated metal products, except machinery and equipment (+1.6%).

Output tumbled again in the manufacture of coke and refined petroleum products (−4.8% after −8.4%)

Output dropped sharply in the manufacture of coke and refined petroleum products, due to maintenance in a refinery.

Output recovered in the manufacture of food products and beverages (+0.9% after −1.3%)

Output rebounded in particular in processing and preserving of meat and production of meat products.

Tableau3a – Revision of variations

(in percentage point)
Revision of variations
Jan. / Dec. Dec. / Nov. Nov. / Oct. Q4 2016 / Q3 2016 2016 / 2015
Industry (BE) 0.13 –0.05 0.04 –0.02 –0.04
raw serie 0.22 –0.04 0.03 –0.03 –0.03
SA-WDA parameters –0.09 –0.01 0.01 0.01 –0.01
Manufacturing (CZ) 0.11 –0.09 0.06 0.00 –0.04
raw serie 0.26 –0.04 0.03 –0.03 –0.03
SA-WDA parameters –0.15 –0.05 0.03 0.03 –0.01
  • How to read it: in the manufacturing sector, the SA-WDA variation between December 2016 and January 2017 is revised by +0.11 points, +0.26 points are due to the revision of the raw series and −0.15 points to the updating of the SA-WDA parameters.
  • Sources: INSEE, SSP, SOeS