30 June 2017
2017- n° 175In April 2017, the turnover in the manufacturing industry fell back (–4.0%) Turnover in industry and construction - April 2017
In April 2017, the turnover fell back markedly in the manufacturing industry (−4.0%) after the sharp increase in the last month (+3.4%). The increase was stronger in export sales (−6.7% after +5.7%).
In industry as a whole, the turnover shrank sharply as well (−3.2% after +2.5%).
- Increase over the first quarter (+1.3%)
- Significant growth compared to the previous year (+6.4%)
- Fall in April in transport equipment (−12.7%)
- Sharp contraction in “other manufacturing” (−3.1%)
- Downturn in machinery and equipment (−2.1%)
- Another decrease in coke and refined petroleum products (−0.6%)
- Virtual stability in food products and beverages (−0.1%)
- Revisions
The commentary shows variations of subsections by decreasing contribution to the overall evolution. The contribution of a subsection depends on the extent of the change and on its weight.
In April 2017, the turnover fell back markedly in the manufacturing industry (−4.0%) after the sharp increase in the last month (+3.4%). The increase was stronger in export sales (−6.7% after +5.7%).
In industry as a whole, the turnover shrank sharply as well (−3.2% after +2.5%).
Increase over the first quarter (+1.3%)
Over the last three months, the turnover rose in the manufacturing industry (+1.3%) as well as in the industry as a whole (+1.8%). In the manufacturing industry the turnover rose in “other manufacturing” (+1.3%), in manufacture of food products and beverages (+1.2%), in manufacture of coke and refined petroleum products (+4.7%), in manufacture of transport equipment (+1.2%) and, more slightly, in machinery and equipment goods (+0.2%).
Significant growth compared to the previous year (+6.4%)
The turnover rose sharply from the same three months of the previous year in the manufacturing industry (+6.4%). The growth was still more marked in industry as a whole (+8.0%) as a result of the strong increase in mining and quarrying; energy; water supply; waste management (+15.8%). Over this period, the turnover rose in every main sector of the manufacturing industry: the manufacture of transport equipment (+12.5%), “other manufacturing” (+4.2%), the manufacture of coke and refined petroleum products (+27.6%), the manufacture of food products and beverages (+4.0%) and the machinery and equipment industry (+3.3%).
graphiqueGraph1 – Turnover in manufacturing industry
tableauTable1 – Variation of the turnover in industry and construction
Change in % | |||||
---|---|---|---|---|---|
NA : A 10, (A 17) | Weight (1) | Apr./ Mar. | Mar./ Feb. | q-o-q (2) | y-o-y (3) |
BE: INDUSTRY | 10000 | −3.2 | 2.5 | 1.8 | 8.0 |
CZ: MANUFACTURING INDUSTRY | 8346 | −4.0 | 3.4 | 1.3 | 6.4 |
Of which Exports | 2677 | −6.7 | 5.7 | 0.0 | 8.8 |
(C1): Manufacture of food products and beverages | 1685 | −0.1 | 0.1 | 1.2 | 4.0 |
(C2): Manufacture of coke and refined petroleum products | 561 | −0.6 | −2.7 | 4.7 | 27.6 |
(C3): Machinery and equipment goods | 953 | −2.1 | 2.4 | 0.2 | 3.3 |
(C4): Manufacture of transport equipment | 1265 | −12.7 | 12.1 | 1.2 | 12.5 |
(C5): Other manufacturing | 3881 | −3.1 | 2.7 | 1.3 | 4.2 |
DE: Mining and quarrying; energy; water supply; waste management | 1654 | 0.7 | −1.7 | 3.9 | 15.8 |
FZ: CONSTRUCTION | 10000 | −2.4 | 2.5 | 1.4 | 4.6 |
- (1) 10000=B...E and F
- (2) Quarter-on-quarter: last three months / previous three months
- (3) Year-on-year: last three months / same three months of previous year
- The codes correspond to different levels of aggregation of the french aggregated classification of activites (NA 2008).
- Sources: DGFiP, INSEE
Fall in April in transport equipment (−12.7%)
In April, the turnover in the manufacture of transport equipment shrank strongly (−12.7%) after a sharp rise in March (+12.1%). This strong decrease is mainly due to the fall in manufacture of other transport equipment (−19.0% after +20.2%). The turnover in the manufacture of motor vehicles fell back again but to a lesser extent (−4.1% after +2.7%). The downturn was also strongly marked in export sales (−19.1% after +16.9%).
Sharp contraction in “other manufacturing” (−3.1%)
The turnover in “other manufacturing” dwindled in April (−3.1% after +2.7%). It fell back in particular in the manufacture of basic metals and fabricated metal products, except machinery and equipement (−5.3% after +4.3%), the manufacture of chemicals and chemicals products (−3.6% after +4.2%), the manufacture of rubber and plastics products, and other non-metallic mineral products (−3.7% after +2.5%) and the “other manufacturing” (−2.0% after +2.6%). In contrast it recovered in manufacture of basic pharmaceutical products and pharmaceutical preparations (+0.8% after −3.3%). The export sales fell back in “other manufacturing” as a whole (−2.3% after +2.2%).
Downturn in machinery and equipment (−2.1%)
The turnover in machinery and equipment fell back in April (−2.1% after +2.4%). It shrank mainly in the manufacture of computer, electronic and optical products (−4.2% after +2.4%) but also in the manufacture of machinery and equipment n.e.c. (−1.0% after +2.7%) and the manufacture of electrical equipment (−1.3% after +2.0%). Conversely, export sales was virtually stable (+0.1%).
Another decrease in coke and refined petroleum products (−0.6%)
In April, the turnover in the manufacture of coke and refined petroleum products fell again (−0.6% after −2.7% in March).
Virtual stability in food products and beverages (−0.1%)
The turnover remained virtually stable in the manufacture of food products and beverages (−0.1% after +0.1%) but export sales rose again (+0.6% after +2.1%).
Revisions
Compared to the previous estimation, the variation of March has been raised to +3.4% instead of +3.1% in the manufacturing industry, and to +2.5% instead of +2.2% in industry as a whole.
tableauTable2 – Indexes of turnover in industry and construction
Change in % | |||||
---|---|---|---|---|---|
Industries: | Weight (1) | Apr. 2017 | Apr. Mar. | Mar./ Feb. | q-o-q (2) |
BE: INDUSTRY | 10000 | 113.0 | −3.2 | 2.5 | 1.8 |
CZ: MANUFACTURING INDUSTRY | 8346 | 109.6 | −4.0 | 3.4 | 1.3 |
of which Exports | 2677 | 115.3 | −6.7 | 5.7 | 0.0 |
(C1): Man. of food products and beverages | 1685 | 117.0 | −0.1 | 0.1 | 1.2 |
of which Exports | 285 | 123.0 | 0.6 | 2.1 | 0.4 |
(C2): Man. of coke and refined petroleum products | 561 | 79.2 | −0.6 | −2.7 | 4.7 |
(C3): Machinery and equipment goods | 953 | 107.6 | −2.1 | 2.4 | 0.2 |
of which Exports | 469 | 107.9 | 0.1 | 1.4 | 1.5 |
[CI] Man. of computer, electronic and optical products | 306 | 106.6 | −4.2 | 2.4 | 0.1 |
[CJ] Man. of electrical equipment | 245 | 100.2 | −1.3 | 2.0 | −1.4 |
[CK] Man. of machinery and equipment n.e.c. | 402 | 112.8 | −1.0 | 2.7 | 1.2 |
(C4): Man. of transport equipment | 1265 | 122.0 | −12.7 | 12.1 | 1.2 |
of which Exports | 617 | 128.3 | −19.1 | 16.9 | −2.0 |
[CL1] Man. of motor vehicles, trailers and semi-trailers | 702 | 102.0 | −4.1 | 2.7 | 0.1 |
[CL2] Man. of other transport equipment | 562 | 147.0 | −19.0 | 20.2 | 2.1 |
(C5): Other manufacturing | 3881 | 107.2 | −3.1 | 2.7 | 1.3 |
of which Exports | 1237 | 112.0 | −2.3 | 2.2 | 1.3 |
[CB] Man. of textiles, wearing apparel, leather and related products | 188 | 110.0 | −1.5 | 2.0 | −0.7 |
[CC] Man. of wood and paper products; printing and reproduction of recorded media | 436 | 97.5 | −1.5 | 1.6 | 0.0 |
[CE] Man. of chemicals and chemical products | 745 | 106.2 | −3.6 | 4.2 | 2.2 |
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations | 304 | 111.4 | 0.8 | −3.3 | −0.4 |
[CG] Man. of rubber and plastics products, and other non-metallic mineral products | 629 | 105.7 | −3.7 | 2.5 | 2.7 |
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment | 926 | 103.7 | −5.3 | 4.3 | 2.4 |
[CM] Other manufacturing; repair and installation of machinery and equipment | 653 | 118.5 | −2.0 | 2.6 | −0.3 |
DE: Mining and quarrying; energy, water supply, sewerage, waste management | 1654 | 130.0 | 0.7 | −1.7 | 3.9 |
[BZ] Mining and quarrying | 70 | 95.5 | −3.3 | −0.6 | 2.5 |
[DZ] Electricity, gas, steam and air-conditioning supply | 1205 | 135.6 | 2.5 | −3.3 | 4.4 |
[EZ] Water supply; sewerage, waste management and remediation | 379 | 118.6 | −4.8 | 3.8 | 2.4 |
FZ: CONSTRUCTION | 10000 | 107.2 | −2.4 | 2.5 | 1.4 |
- (1) 10000=B...E and F
- (2) Quarter-on-quarter: last three months / previous three months
- Sources: DGFiP, INSEE
tableauTable3 – Revision of variations
Mar./ Feb. | Feb./ Jan. | Jan./ Dec. | Q4 2014/ Q3 2014 | 2014/ 2013 | |
---|---|---|---|---|---|
Industry (BE) | 0,31 | 0,11 | –0,14 | 0,00 | 0,02 |
raw serie | 0,13 | –0,20 | 0,18 | 0,13 | 0,00 |
SA-WDA parameters | 0,18 | 0,31 | –0,32 | –0,13 | 0,02 |
Manufacturing industry (CZ) | 0,37 | –0,16 | 0,11 | 0,11 | 0,00 |
raw serie | 0,43 | 0,01 | 0,24 | 0,43 | 0,01 |
SA-WDA parameters | –0,06 | –0,17 | –0,13 | –0,32 | –0,01 |
- How to read it: in the manufacturing, the SA-WDA variation between February and March 2017 is revised by +0.37 point: +0.43 point are due to the raw series' revision and −0,06 to the new calculation of the SA-WDA parameters.
- Sources: DGFiP, INSEE
Documentation
Methodology (pdf,140 Ko)
Pour en savoir plus
Time series : Turnover indices (VAT)