In 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%).

Informations rapides
No 175
Paru le : 30/06/2017
Prochaine parution le : 28/07/2017 at 12:00 - May 2017

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%).

Graph1 – Turnover in manufacturing industry

  • Sources: DGFiP, INSEE

Table1 – 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 (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.

Table2 – Indexes of turnover in industry and construction

SA-WDA, based year 2010
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

Table3 – Revision of variations

in point %
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