10 May 2017
2017- n° 124In March 2017, manufacturing output bounced back sharply (+2.5%) Industrial production index - March 2017
In March 2017, output bounced back sharply in the manufacturing industry (+2.5% after −0.7% in February), as well as in the whole industry (+2.0% after −1.7%).
- Manufacturing output decreased slightly over the first quarter of 2017 (−0.3%)
- Over a year, manufacturing output went up (+0.6%)
- In March, output bounced back in “other manufacturing” (+1.8% after −0.5%)
- Output rallied strongly in the manufacture of machinery and equipment goods (+4.8% after −1.6%)
- Output picked up sharply in the manufacture of transport equipment (+5.2% after −2.5%)
- Output kept growing in the manufacture of food products and beverages (+0.8% after +1.2%)
- Output continued to decline in mining and quarrying, energy, water supply, waste management (−1.6% after −7.8%)
- Output fell sharply again in the manufacture of coke and refined petroleum products (−3.2% after −5.1%)
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 March 2017, output bounced back sharply in the manufacturing industry (+2.5% after −0.7% in February), as well as in the whole industry (+2.0% after −1.7%).
Manufacturing output decreased slightly over the first quarter of 2017 (−0.3%)
Over the first quarter of 2017, output went down slightly in the manufacturing industry (−0.3% q-o-q) and decreased in the overall industry (−0.5% q-o-q).
Output decreased in mining and quarrying, energy, water supply (−2.0%) and tumbled in the manufacture of coke and refined petroleum products (−13.6%). To a lesser extent, it also went down in the manufacture of machinery and equipment goods (−0.7%), in “other manufacturing” (−0.2%) and in the manufacture of food products and beverages (−0.4%). Conversely, it increased in the manufacture of transport equipment (+0.5%).
Over a year, manufacturing output went up (+0.6%)
Manufacturing output of the first quarter of 2017 increased compared to the same quarter of 2016 (+0.6% y-o-y). It also went up in the whole industry (+0.4% y-o-y).
Over a year, output grew in the manufacture of transport equipment (+2.7%), in “other manufacturing” (+0.5%) and in the manufacture of machinery and equipment goods (+1.7%). By contrast, it decreased in the manufacture of food products and beverages (−1.5%) and in mining and quarrying, energy, water supply (−0.8%). It tumbled in the manufacture of coke and refined petroleum products (−5.3%).
graphiqueGraphique1a – 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
tableauTableau1a – Variation in the Industrial Production
| NA : A10, (A17) | March / Feb. | Feb. / Jan. | Q-o-Q change (1) | Year-on-year change (2) |
|---|---|---|---|---|
| BE: INDUSTRY | 2.0 | –1.7 | –0.5 | 0.4 |
| CZ: Manufacturing | 2.5 | –0.7 | –0.3 | 0.6 |
| (C1): Manufacture of food products and beverages | 0.8 | 1.2 | –0.4 | –1.5 |
| (C2): Manufacture of coke and refined petroleum products | –3.2 | –5.1 | –13.6 | –5.3 |
| (C3): Machinery and equipment goods | 4.8 | –1.6 | –0.7 | 1.7 |
| (C4): Manufacture of transport equipment | 5.2 | –2.5 | 0.5 | 2.7 |
| (C5): Other manufacturing | 1.8 | –0.5 | –0.2 | 0.5 |
| DE: Mining and quarrying; energy; water supply; waste management | –1.6 | –7.8 | –2.0 | –0.8 |
| FZ: CONSTRUCTION | –5.1 | 5.4 | –0.9 | 2.9 |
- (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
tableauTableau2a – Variation in the Industrial Production
| NA : A10, (A17), [A38 or A64] | March 2017 | March / Feb. | Feb. / Jan. | Quarter-on-quarter change |
|---|---|---|---|---|
| BE: INDUSTRY | 102.3 | 2.0 | –1.7 | –0.5 |
| CZ: Manufacturing | 103.9 | 2.5 | –0.7 | –0.3 |
| (C1): Man. of food products and beverages | 101.1 | 0.8 | 1.2 | –0.4 |
| (C2): Man. of coke and refined petroleum products | 78.0 | –3.2 | –5.1 | –13.6 |
| (C3): Machinery and equipment goods | 103.8 | 4.8 | –1.6 | –0.7 |
| [CI] Man. of computer, electronic and optical products | 108.0 | 0.5 | –0.9 | 3.8 |
| [CJ] Man. of electrical equipment | 88.6 | –0.7 | 2.4 | –2.6 |
| [CK] Man. of machinery and equipment n.e.c. (1) | 108.4 | 12.5 | –4.5 | –4.1 |
| (C4): Man. of transport equipment | 116.9 | 5.2 | –2.5 | 0.5 |
| [CL1] Man. of motor vehicles, trailers and semi-trailers | 106.1 | 3.2 | –1.6 | –1.4 |
| [CL2] Man. of other transport equipment | 127.7 | 6.9 | –3.3 | 2.1 |
| (C5): Other manufacturing | 102.5 | 1.8 | –0.5 | –0.2 |
| [CB] Man. of textiles, wearing apparel, leather and related products | 87.9 | 5.3 | –5.5 | –3.7 |
| [CC] Man. of wood and paper products; printing and reproduction of recorded media | 86.0 | –0.1 | 1.9 | 0.5 |
| [CE] Man. of chemicals and chemical products | 123.3 | 4.4 | –1.1 | 0.6 |
| [CF] Man. of basic pharmaceutical products and pharmaceutical preparations | 111.9 | –0.2 | –6.0 | –1.7 |
| [CG] Man. of rubber and plastics products, and other non-metallic mineral products | 101.0 | 0.7 | 3.5 | 0.6 |
| [CH] Man. of basic metals and fabricated metal products, except machinery and equipment | 97.5 | 1.4 | 0.6 | 0.5 |
| [CM] Other manufacturing; repair and installation of machinery and equipment | 101.5 | 2.5 | –0.6 | –0.5 |
| DE: Mining and quarrying; energy; water supply; waste management | 91.8 | –1.6 | –7.8 | –2.0 |
| [BZ] Mining and quarrying | 96.8 | –4.8 | 22.4 | –1.9 |
| [DZ] Electricity, gas, steam and air-conditioning supply | 89.9 | –1.1 | –10.9 | –2.5 |
| [EZ] Water supply; sewerage, waste management and remediation | 103.4 | –2.9 | –0.3 | 1.7 |
| FZ: CONSTRUCTION | 86.9 | –5.1 | 5.4 | –0.9 |
| MIGs (2) | ||||
| Capital goods | 107.6 | 4.7 | –1.4 | 0.1 |
| Intermediate goods | 100.6 | 1.1 | 1.6 | –0.3 |
| Consumer durables | 108.4 | 4.1 | –1.7 | 1.5 |
| Consumer non-durables | 103.9 | 1.0 | –1.7 | –0.7 |
| Energy | 90.3 | –1.4 | –9.5 | –2.7 |
- (1) n.e.c. : not elsewhere classifiable
- (2) Main industrial groupings: definition in the Commission regulation (EC) No 656/2007 of 14 June 2007
- Sources: INSEE, SSP, SOeS
In March, output bounced back in “other manufacturing” (+1.8% after −0.5%)
Output bounced back in chemicals (+4.4%) and “in other manufacturing; repair and installation of machinery and equipment” (+2.5%). It accelerated in the manufacture of basic metals and fabricated metal products, except machinery and equipment (+1.4%) and recovered sharply in textiles, clothing and footwear (+5.3%). It grew again in the manufacture of rubber and plastics products and other non-metallic mineral products (+0.7%).
Output rallied strongly in the manufacture of machinery and equipment goods (+4.8% after −1.6%)
Output surged in the manufacture of machinery and equipment n.e.c. (+12.5% after −4.5%) and also picked up in the manufacture of computer, electronic and optical products (+0.5% after −0.9%). By contrast, it slipped back in the manufacture of electrical equipment (−0.7% after +2.4%).
Output picked up sharply in the manufacture of transport equipment (+5.2% after −2.5%)
Output rebounded strongly in the manufacture of other transport equipment (+6.9% after −3.3%) and in the manufacture of motor vehicles, trailers and semi-trailers (+3.2% after −1.6%).
Output kept growing in the manufacture of food products and beverages (+0.8% after +1.2%)
Output went up again in the manufacture of food products and beverages (+0.8% after +1.2%) because of sustained growth in the “manufacture of other food products”.
Output continued to decline in mining and quarrying, energy, water supply, waste management (−1.6% after −7.8%)
Output dropped again in electricity, gas, steam and air-conditioning supply (−1.1% after −10.9%) because of exceptionally mild temperatures in March.
Output fell sharply again in the manufacture of coke and refined petroleum products (−3.2% after −5.1%)
Output continued to decline sharply in the manufacture of coke and refined petroleum products (−3.2% after −5.1%).
tableauTableau3a – Revision of variations
| Feb. / Jan. | Jan. / Dec. | Dec. / Nov. | Q4 2016 / Q3 2016 | 2016 / 2015 | |
|---|---|---|---|---|---|
| Industry (BE) | –0.13 | 0.24 | –0.29 | 0.17 | 0.09 |
| raw serie | –0.08 | 0.08 | –0.25 | 0.07 | 0.09 |
| SA-WDA parameters | –0.05 | 0.16 | –0.04 | 0.10 | 0.00 |
| Manufacturing (CZ) | –0.17 | 0.22 | –0.32 | 0.20 | 0.10 |
| raw serie | –0.13 | 0.07 | –0.28 | 0.07 | 0.11 |
| SA-WDA parameters | –0.04 | 0.15 | –0.04 | 0.13 | –0.01 |
- How to read it: in the manufacturing sector, the SA-WDA variation between February 2017 and January 2017 is revised by −0.17 points, −0.13 points are due to the revision of the raw series and −0.04 points to the updating of the SA-WDA parameters.
- Sources: INSEE, SSP, SOeS
Documentation
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