22 December 2017
2017- n° 346In October 2017, the turnover in the manufacturing industry rose sharply (+2.3%) Turnover in industry and construction - October 2017
In October 2017, the turnover rose sharply in the manufacturing industry (+2.3% after +0.6% in September). It also grew in export (+3.1% after +0.7%).
The acceleration was weaker in industry as a whole (+1.7% after +1.0% in September), due to the downturn in October in mining and quarrying; energy; water supply; waste management.
- Sharp increase over the last three months (+1.4%)
- Strong growth compared to the previous year (+6.9%)
- Rebound in “other manufacturing” (+2.0%)
- Further increase in transport equipment (+4.5%)
- Recovery in machinery and equipment (+2.4%)
- Rebound in food products and beverages (+1.1%)
- Further increase in coke and refined petroleum products (+1.8%)
- 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 October 2017, the turnover rose sharply in the manufacturing industry (+2.3% after +0.6% in September). It also grew in export (+3.1% after +0.7%).
The acceleration was weaker in industry as a whole (+1.7% after +1.0% in September), due to the downturn in October in mining and quarrying; energy; water supply; waste management.
Sharp increase over the last three months (+1.4%)
Over the last three months, the turnover rose sharply in the manufacturing industry (+1.4%) as well as in industry as a whole (+1.9%). In the manufacturing industry, the turnover grew in the manufacture of transport equipment (+2.4%), in “other manufacturing” (+0.7%), in the machinery and equipment goods (+2.9%) and in the manufacture of food products and beverages (+0.8%). It recovered in the manufacture of coke and refined petroleum products (+4.0%).
Strong growth compared to the previous year (+6.9%)
The turnover grew sharply compared to the same three months of the previous year in the manufacturing industry (+6.9%). The growth was also marked in industry as a whole (+8.0%) due to the strong increase in the mining and quarrying, energy, water supply, waste management (+13.0%). Over this period, the turnover rose sharply in every main sectors of the manufacturing industry − “other manufacturing” (+6.7%), the manufacture of transport equipment (+9.6%), the manufacture of food products and beverages (+4.2%), the machinery and equipment sector (+7.1%) and the manufacture of coke and refined petroleum products (+10.9%).
graphiqueGraph1 – Turnover in manufacturing industry
tableauTable1 – Variation of the turnover in industry and construction
Change in % | |||||
---|---|---|---|---|---|
NA : A 10, (A 17) | Weight (1) | Oct./ Sept. | Sept./ Aug. | q-o-q (2) | y-o-y (3) |
BE: INDUSTRY | 10000 | 1.7 | 1.0 | 1.9 | 8.0 |
CZ: MANUFACTURING INDUSTRY | 8346 | 2.3 | 0.6 | 1.4 | 6.9 |
Of which Exports | 2677 | 3.1 | 0.7 | 1.2 | 8.0 |
(C1): Manufacture of food products and beverages | 1685 | 1.1 | −1.6 | 0.8 | 4.2 |
(C2): Manufacture of coke and refined petroleum products | 561 | 1.8 | 7.1 | 4.0 | 10.9 |
(C3): Machinery and equipment goods | 953 | 2.4 | −1.2 | 2.9 | 7.1 |
(C4): Manufacture of transport equipment | 1265 | 4.5 | 5.9 | 2.4 | 9.6 |
(C5): Other manufacturing | 3881 | 2.0 | −0.5 | 0.7 | 6.7 |
DE: Mining and quarrying; energy; water supply; waste management | 1654 | −0.7 | 2.7 | 3.7 | 13.0 |
FZ: CONSTRUCTION | 10000 | 1.1 | −0.7 | 1.0 | 7.1 |
- (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
Rebound in “other manufacturing” (+2.0%)
The turnover in “other manufacturing” rebounded in October (+2.0% after −0.5% in September). It accelerated in the other manufacturing; repair and installation of machinery and equipment (+3.7% after +0.5%). It recovered in the manufacture of chemicals and chemical products (+2.0% after −1.8%), in the manufacture of basic metals and fabricated metal products, except machinery and equipement (+1.9% after −0.5%) as well as in the manufacture of rubber and plastic products (+1.9% after −0.3%), in the manufacture of wood and paper products (+1.3% after −0.8%) and in the manufacture of textiles, wearing apparel, leather and related products (+1.2% after −1.6%). Conversely, it fell back slightly in the manufacture of basic pharmaceutical products and pharmaceutical preparations (−0.2% after +1.7%). In export sales, the turnover recovered sharply in “other manufacturing” (+3.5% after −1.3%).
Further increase in transport equipment (+4.5%)
The turnover in the manufacture of transport equipment rose again sharply in October (+4.5% after +5.9% in September). This increase was mainly due to the manufacture of motor vehicles, trailers and semi-trailers (+8.3%). The other transport equipment rose also but to a lesser extent (+1.2%). The turnover increased also in export sales (+3.8%).
Recovery in machinery and equipment (+2.4%)
In October, the turnover in machinery and equipment rebounded (+2.4% after −1.2% in September). It recovered sharply in the manufacture of machinery and equipment n.e.c. (+3.5% after −0.7%), in the manufacture of electrical equipment (+1.7% after −2.7%) and in the manufacture of computer, electronic and optical products (+1.2% after −0.6%). The turnover in machinery and equipment rebounded also in export sales (+1.8% after −1.8%).
Rebound in food products and beverages (+1.1%)
The turnover in the manufacture of food products and beverages bounced back in October (+1.1% after −1.6%). It recovered also in export sales (+1.8% after −2.2%).
Further increase in coke and refined petroleum products (+1.8%)
The turnover in the manufacture of coke and refined petroleum products rose again in October (+1.8% after +7.1% in September).
Revisions
The variation in the turnover index in September 2017 has been raised by 0.4 points in the manufacturing industry, at 0.6% instead of 0.2%.
It has been raised by 0.9 points in industry as a whole, at +1.0% instead of +0.1%. This revision is mainly due to the integration of late information in the energy sector.
tableauTable2 – Indices of turnover in industry and construction
Change in % | |||||
---|---|---|---|---|---|
Industries | Weight (1) | Oct. 2017 | Oct. Sept. | Sept./Aug. | q-o-q (2) |
BE: INDUSTRY | 10000 | 119.7 | 1.7 | 1.0 | 1.9 |
CZ: MANUFACTURING INDUSTRY | 8346 | 116.8 | 2.3 | 0.6 | 1.4 |
of which Exports | 2677 | 124.9 | 3.1 | 0.7 | 1.2 |
(C1): Man. of food products and beverages | 1685 | 120.2 | 1.1 | −1.6 | 0.8 |
of which Exports | 285 | 127.9 | 1.8 | −2.2 | 0.1 |
(C2): Man. of coke and refined petroleum products | 561 | 81.9 | 1.8 | 7.1 | 4.0 |
(C3): Machinery and equipment goods | 953 | 113.7 | 2.4 | −1.2 | 2.9 |
of which Exports | 469 | 110.3 | 1.8 | −1.8 | 1.9 |
[CI] Man. of computer, electronic and optical products | 306 | 112.0 | 1.2 | −0.6 | 4.0 |
[CJ] Man. of electrical equipment | 245 | 105.1 | 1.7 | −2.7 | 2.5 |
[CK] Man. of machinery and equipment n.e.c. | 402 | 120.1 | 3.5 | −0.7 | 2.4 |
(C4): Man. of transport equipment | 1265 | 141.9 | 4.5 | 5.9 | 2.4 |
of which Exports | 617 | 147.1 | 3.8 | 7.3 | 0.3 |
[CL1] Man. of motor vehicles, trailers and semi-trailers | 702 | 123.1 | 8.3 | 6.6 | 3.8 |
[CL2] Man. of other transport equipment | 562 | 165.3 | 1.2 | 5.2 | 1.3 |
(C5): Other manufacturing | 3881 | 113.1 | 2.0 | −0.5 | 0.7 |
of which Exports | 1237 | 120.4 | 3.5 | −1.3 | 1.6 |
[CB] Man. of textiles, wearing apparel, leather and related products | 188 | 113.1 | 1.2 | −1.6 | −0.7 |
[CC] Man. of wood and paper products; printing and reproduction of recorded media | 436 | 102.0 | 1.3 | −0.8 | 0.9 |
[CE] Man. of chemicals and chemical products | 745 | 108.6 | 2.0 | −1.8 | −1.0 |
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations | 304 | 118.3 | −0.2 | 1.7 | 1.5 |
[CG] Man. of rubber and plastics products, and other non-metallic mineral products | 629 | 111.3 | 1.9 | −0.3 | 1.3 |
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment | 926 | 112.0 | 1.9 | −0.5 | 0.7 |
[CM] Other manufacturing; repair and installation of machinery and equipment | 653 | 126.5 | 3.7 | 0.5 | 2.1 |
DE: Mining and quarrying; energy, water supply, sewerage, waste management | 1654 | 134.3 | −0.7 | 2.7 | 3.7 |
[BZ] Mining and quarrying | 70 | 97.3 | 1.3 | 2.0 | 3.1 |
[DZ] Electricity, gas, steam and air-conditioning supply | 1205 | 139.0 | −1.5 | 3.2 | 3.7 |
[EZ] Water supply; sewerage, waste management and remediation | 379 | 126.0 | 2.3 | 1.1 | 3.5 |
FZ: CONSTRUCTION | 10000 | 112.8 | 1.1 | −0.7 | 1.0 |
- (1) 10000=B...E and F
- (2) Quarter-on-quarter: last three months / previous three months
- Sources: DGFiP, INSEE
tableauTable3 – Revision of variations
Sept./ Aug. | Aug./ July | July/ June | Q3 2017/ Q2 2017 | 2016/ 2015 | |
---|---|---|---|---|---|
Industry (BE) | 0.92 | −0.12 | 0.12 | 0.44 | 0.00 |
raw serie | 0.65 | 0.00 | −0.11 | 0.14 | 0.00 |
SA-WDA parameters | 0.27 | −0.12 | 0.23 | 0.30 | 0.00 |
Manufacturing industry (CZ) | 0.42 | −0.18 | 0.10 | 0.21 | 0.01 |
raw serie | 0.00 | 0.00 | −0.13 | −0.07 | 0.00 |
SA-WDA parameters | 0.42 | −0.18 | 0.23 | 0.28 | 0.01 |
- How to read it: in the manufacturing, the SA-WDA variation between August and September 2017 is revised by +0.42 points due 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)