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In 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.

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%).

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) 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.

Table2 – Indices of turnover in industry and construction

SA-WDA, based year 2010
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

Table3 – Revision of variations

(in point %)
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