In May 2017, manufacturing output bounced back sharply (+2.0%)Industrial production index - May 2017

In May 2017, output bounced back sharply in the manufacturing industry (+2.0% after −1.3% in April), as well as in the whole industry (+1.9% after −0.6%).

Informations rapides
No 180
Paru le : 07/07/2017
Prochaine parution le : 10/08/2017 at 08:45 - June 2017

Please note: all the series are seasonally (SA) and working-day adjusted (WDA) 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 May 2017, output bounced back sharply in the manufacturing industry (+2.0% after −1.3% in April), as well as in the whole industry (+1.9% after −0.6%).

Over the last three months, manufacturing output grew markedly (+1.9%)

Manufacturing output grew sharply over the last three months in the manufacturing industry (+1.9%) as well as in the overall industry (+1.4%).

Output increased markedly in “other manufacturing” (+1.8%), in the manufacture of machinery and equipment goods (+3.0%), in the manufacture of transport equipment (+2.7%) and in the manufacture of food products and beverages (+1.2%). Conversely, it decreased sharply in mining and quarrying, energy, water supply (−2.0%) and in the manufacture of coke and refined petroleum products (−2.3%).

Over a year, manufacturing output went up sharply (+2.6%)

Manufacturing output of the last three months increased sharply compared to the same months of 2016 (+2.6%) as well as in the whole industry (+1.9%).

Over a year, output increased in most branches: in “other manufacturing” (+2.3%), in the manufacture of machinery and equipment goods (+4.7%), in the manufacture of transport equipment (+3.3%), in the manufacture of food products and beverages (+1.2%) and in the manufacture of coke and refined petroleum products (+1.7%). By contrast, it decreased in mining and quarrying, energy, water supply (−2.5%).

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, SDES

Tableau1a – Variation in the Industrial Production

2010 based, SA-WDA changes in %
Variation in the Industrial Production
NA : A10, (A17) May / April April / March Q-o-Q change (1) Year-on-year change (2)
BE: INDUSTRY 1.9 –0.6 1.4 1.9
CZ: Manufacturing 2.0 –1.3 1.9 2.6
(C1): Manufacture of food products and beverages 1.1 –1.2 1.2 1.2
(C2): Manufacture of coke and refined petroleum products 1.3 9.6 –2.3 1.7
(C3): Machinery and equipment goods 2.0 –1.6 3.0 4.7
(C4): Manufacture of transport equipment 7.4 –5.4 2.7 3.3
(C5): Other manufacturing 1.2 –0.5 1.8 2.3
DE: Mining and quarrying; energy; water supply; waste management 1.0 4.3 –2.0 –2.5
FZ: CONSTRUCTION –1.3 3.5 0.1 6.1
  • (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, SDES

Tableau2a – Variation in the Industrial Production

2010 based, SA-WDA changes in %
Variation in the Industrial Production
NA : A10, (A17), [A38 or A64] May 2017 May / April April / March Quarter-on-quarter change
BE: INDUSTRY 104.0 1.9 –0.6 1.4
CZ: Manufacturing 105.2 2.0 –1.3 1.9
(C1): Man. of food products and beverages 101.8 1.1 –1.2 1.2
(C2): Man. of coke and refined petroleum products 87.6 1.3 9.6 –2.3
(C3): Machinery and equipment goods 104.5 2.0 –1.6 3.0
[CI] Man. of computer, electronic and optical products 112.2 4.2 –0.9 2.7
[CJ] Man. of electrical equipment 92.4 4.4 –0.7 0.8
[CK] Man. of machinery and equipment n.e.c. (1) 103.9 –1.5 –2.8 4.4
(C4): Man. of transport equipment 119.3 7.4 –5.4 2.7
[CL1] Man. of motor vehicles, trailers and semi-trailers 109.7 9.6 –6.3 0.4
[CL2] Man. of other transport equipment 128.8 5.5 –4.7 4.7
(C5): Other manufacturing 103.7 1.2 –0.5 1.8
[CB] Man. of textiles, wearing apparel, leather and related products 91.4 3.8 –1.6 2.2
[CC] Man. of wood and paper products; printing and reproduction of recorded media 87.4 0.6 0.2 2.6
[CE] Man. of chemicals and chemical products 125.6 2.6 –1.5 3.6
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 119.9 –1.1 8.3 1.0
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 102.7 2.6 –1.9 2.5
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 98.1 1.1 –0.8 2.0
[CM] Other manufacturing; repair and installation of machinery and equipment 98.6 0.3 –3.2 0.0
DE: Mining and quarrying; energy; water supply; waste management 96.9 1.0 4.3 –2.0
[BZ] Mining and quarrying 96.6 2.1 –2.1 3.2
[DZ] Electricity, gas, steam and air-conditioning supply 96.0 1.0 5.5 –2.5
[EZ] Water supply; sewerage, waste management and remediation 104.3 0.5 0.3 –2.0
FZ: CONSTRUCTION 89.6 –1.3 3.5 0.1
MIGs (2)
Capital goods 107.4 3.0 –3.5 2.8
Intermediate goods 101.8 2.2 –1.3 1.5
Consumer durables 104.4 –3.6 0.3 1.2
Consumer non-durables 107.2 1.1 1.3 1.6
Energy 96.0 0.9 5.1 –2.4
  • (1) n.e.c. : not elsewhere classifiable
  • (2) Main industrial groupings: definition in Commission regulation EC of 14 June 2007
  • Sources: INSEE, SSP, SDES

In May, output bounced back sharply in the manufacture of transport equipment (+7.4% after −5.4%)

Output picked up sharply in the manufacture of motor vehicles, trailers and semi-trailers (+9.6% after −6.3%) and in the manufacture of other transport equipment (+5.5% after −4.7%).

Output recovered in “other manufacturing” (+1.2% after −0.5%)

Output grew in the manufacture of rubber and plastics products and other non-metallic mineral products (+2.6%), in chemicals (+2.6%), in the manufacture of basic metals and fabricated metal products, except machinery and equipment (+1.1%) and in the manufacture of textiles, wearing apparel, leather and related products (+3.8%). Conversely, it slipped back in pharmaceuticals (−1.1%).

It rebounded in the manufacture of machinery and equipment goods (+2.0% after −1.6%)

Output rallied strongly in the manufacture of computer, electronic and optical products (+4.2% after −0.9%) and in the manufacture of electrical equipment (+4.4% after −0.7%). By contrast, it fell again in the manufacture of machinery and equipment n.e.c. (−1.5% after −2.8%).

Output recovered in the manufacture of food products and beverages (+1.1% after −1.2%)

Output recovered in the manufacture of food products and beverages (+1.1% after −1.2%), in particularly in the manufacture of bakery and farinaceous products and that of “other food products”.

Output grew again in mining and quarrying, energy, water supply, waste management (+1.0% after +4.3%)

In particular, output continued to grow in electricity, gas, steam and air-conditioning supply (+1.0% after +5.5%).

Output slowed down in the manufacture of coke and refined petroleum products (+1.3% after +9.6%)

Output slowed down in the manufacture of coke and refined petroleum products (+1.3%) after a surge in April (+9.6%).

Tableau3a – Revision of variations

(in percentage point)
Revision of variations
April / March March / Feb. Feb. / Jan. Q1 2017 / Q4 2016 2016 / 2015
Industry (BE) –0.12 0.04 0.00 0.10 0.00
raw serie –0.38 0.02 –0.02 0.01 0.00
SA-WDA parameters 0.26 0.02 0.02 0.09 0.00
Manufacturing (CZ) –0.10 0.04 –0.01 0.11 –0.01
raw serie –0.41 0.04 –0.02 0.02 0.00
SA-WDA parameters 0.31 0.00 0.01 0.09 –0.01
  • How to read it: in the manufacturing sector, the SA-WDA variation between March 2017 and April 2017 is revised by −0.10 points, −0.41 points are due to the revision of the raw series and +0.31 points to the updating of the SA-WDA parameters.
  • Sources: INSEE, SSP, SDES