29 September 2017

2017- n° 261

In July 2017, the turnover in the manufacturing industry recovered (+0.7%) Turnover in industry and construction - July 2017

In July 2017, the turnover recovered in the manufacturing industry (+0.7% after –2.5% in June) as well as in industry as a whole (+0.6% in July after −1.9%). It recovered in export sales as well.

Over the last three months, the turnover rose in the manufacturing industry (+1.1%) as well as in the industry as a whole (+0.7%). In the manufacturing industry, the turnover grew sharply in “other manufacturing” (+1.9%) and, in the manufacture of transport equipment (+2.5%). It rose to a lesser extent in the manufacture of food products and beverages (+0.9%) and in the machinery and equipment goods (+0.2%). Conversely, it declined strongly in the manufacture of coke and refined petroleum products (−8.5%).

In the manufacturing industry, the turnover grew strongly from the same three months of the previous year (+7.4%). This increase was even more marked in industry as a whole (+8.3%) due to mining and quarrying, energy, water supply, waste management (+12.1%). Over this period, the turnover rose strongly in every main sectors of the manufacturing industry − “other manufacturing” (+7.5%), the manufacture of transport equipment (+9.6%), the manufacture of food products and beverages (+5.0%), the manufacture of coke and refined petroleum products (+16.8%) and the machinery and equipment sector (+5.0%).

The turnover in the manufacture of transport equipment recovered sharply in July (+6.1% after −8.2% in June). It rebounded strongly in the manufacture of other transport equipment (+9.6% after −12.4%). It recovered also in the manufacture of motor vehicles, trailers and semi-trailers (+2.2% after −3.1%). The rebound was also marked in export sales (+4.1% after −3.1%).

In July, the turnover fell in the manufacture of coke and refined petroleum products (−2.7%) after a virtual stability in June (−0.1%).

The turnover in “other manufacturing” fell again in July (−0.6% after −0.9%). It declined very sharply in the manufacture of basic pharmaceutical products and pharmaceutical preparations (−3.5%) It also fell in other manufacturing (−1.5%), in the manufacture of rubber and plastic products (−1.0%), in the manufacture of basic metals and fabricated metal products, except machinery and equipement (−0.5%) and in the manufacture of wood and paper products (−1.3%). Conversely, the turnover rose again in the manufacture of chemicals and chemical products (+2.4%). It was unchanged in the manufacture of textiles, wearing apparel, leather and related products. In export sales as well, the turnover slipped back in “other manufacturing” (−1.2% after +0.4%).

The turnover in the manufacture of food products and beverages was virtually stable in July (+0.1% after −1.9%) and fell sharply again in export sales (−1.6% after −3.1%).

The turnover in machinery and equipment was stable in July after a downturn in June (−1.6%). It rebounded in manufacture of computer, electronic and optical products (+2.9% after −2.1%) but it slipped back in the manufacture of electrical equipment (−3.6% after +0.3%). It was stable for manufacture of machinery and equipment. The export sales in machinery and equipment rebounded in July (+1.5% after −1.3%).

The variation in the turnover index in June 2017 is unchanged compared to the previous publication, both in the manufacturing industry and in industry as a whole. The adjustment of SA-WDA parameters offsets the raw series' variation.