Insee conjoncture

In November 2017, manufacturing output slipped back (−1.0%)Industrial production index - November 2017

In November 2017, output slipped back in the manufacturing industry (−1.0%) after a strong increase in October (+2.5%). It fell more slightly in the whole industry (−0.5% after +1.7%).

Informations rapides N° 3
No 3
Principaux indicateurs
Paru le : 10/01/2018
Prochaine parution le : 07/12/2018 at 08:45 - October 2018

Please note: in accordance with European directives, the industrial production indices will use 2015 as base year from the publication of the indices of January 2018, due on March 9, 2018. From that publication, the industrial production indices will also switch from a fixed base index to an annual chained-linked index.

In November 2017, output slipped back in the manufacturing industry (−1.0%) after a strong increase in October (+2.5%). It fell more slightly in the whole industry (−0.5% after +1.7%).

Manufacturing output increased sharply over the last three months (+2.1%)

Despite the fall in November, output increased sharply over the last three months in the manufacturing industry (+2.1%) as well as in the overall industry (+2.0%).

Output went up strongly in “other manufacturing” (+2.5%), in the manufacture of machinery and equipment goods (+2.7%), in the manufacture of transport equipment (+2.8%), and in mining and quarrying, energy, water supply (+1.3%). Conversely, it decreased slightly in the manufacture of food products and beverages (−0.2%) and more markedly in the manufacture of coke and refined petroleum products (−3.1%).

Over a year, manufacturing output grew strongly (+4.4%)

Manufacturing output of the last three months grew strongly compared to the same months of 2016 (+4.4%), as well as in the whole industry (+3.8%).

Over a year, output rose sharply in “other manufacturing” (+4.5%). It soared in the manufacture of transport equipment (+9.0%). It grew strongly in the manufacture of machinery and equipment goods (+5.3%). On the contrary, it diminished in mining and quarrying, energy, water supply (−0.4%). It went down sharply in the manufacture of coke and refined petroleum products (−5.1%). It was virtually stable in the manufacture of food products and beverages (−0.1%).

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) Nov. / Oct. Oct. / Sept. Q-o-Q change (1) Year-on-year change (2)
BE: INDUSTRY –0.5 1.7 2.0 3.8
CZ: Manufacturing –1.0 2.5 2.1 4.4
(C1): Manufacture of food products and beverages –0.7 0.1 –0.2 –0.1
(C2): Manufacture of coke and refined petroleum products 1.9 –3.2 –3.1 –5.1
(C3): Machinery and equipment goods –3.7 6.3 2.7 5.3
(C4): Manufacture of transport equipment 3.2 1.6 2.8 9.0
(C5): Other manufacturing –1.3 2.4 2.5 4.5
DE: Mining and quarrying; energy; water supply; waste management 3.1 –3.6 1.3 –0.4
FZ: CONSTRUCTION –0.5 0.4 0.1 0.8
  • (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] Nov. 2017 Nov. / Oct. Oct. / Sept. Quarter-on-quarter change
BE: INDUSTRY 105.5 –0.5 1.7 2.0
CZ: Manufacturing 106.9 –1.0 2.5 2.1
(C1): Man. of food products and beverages 100.4 –0.7 0.1 –0.2
(C2): Man. of coke and refined petroleum products 86.7 1.9 –3.2 –3.1
(C3): Machinery and equipment goods 105.6 –3.7 6.3 2.7
[CI] Man. of computer, electronic and optical products 113.6 –1.4 2.8 1.6
[CJ] Man. of electrical equipment 87.3 –0.5 0.6 1.3
[CK] Man. of machinery and equipment n.e.c. (1) 108.2 –7.3 13.0 4.5
(C4): Man. of transport equipment 125.7 3.2 1.6 2.8
[CL1] Man. of motor vehicles, trailers and semi-trailers 113.7 –2.3 4.7 6.1
[CL2] Man. of other transport equipment 137.7 8.1 –1.1 0.0
(C5): Other manufacturing 105.5 –1.3 2.4 2.5
[CB] Man. of textiles, wearing apparel, leather and related products 90.4 1.9 2.6 0.1
[CC] Man. of wood and paper products; printing and reproduction of recorded media 87.1 –0.6 0.5 0.6
[CE] Man. of chemicals and chemical products 124.4 –4.0 2.7 2.2
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 126.1 –2.3 7.4 7.3
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 105.2 –0.7 2.4 2.9
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 99.1 0.1 0.3 0.4
[CM] Other manufacturing; repair and installation of machinery and equipment 101.5 –1.2 2.2 2.6
DE: Mining and quarrying; energy; water supply; waste management 97.1 3.1 –3.6 1.3
[BZ] Mining and quarrying 99.6 2.1 4.2 2.8
[DZ] Electricity, gas, steam and air-conditioning supply 95.9 3.8 –5.4 1.0
[EZ] Water supply; sewerage, waste management and remediation 104.9 –1.4 5.4 2.5
FZ: CONSTRUCTION 89.5 –0.5 0.4 0.1
MIGs (2)
Capital goods 111.1 –0.9 4.4 3.1
Intermediate goods 102.2 –1.5 1.4 1.3
Consumer durables 109.9 6.9 –7.4 0.0
Consumer non-durables 107.7 –0.9 2.5 2.1
Energy 95.9 3.1 –4.2 1.0
  • (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 November, output fell back markedly in “other manufacturing” (−1.3% after +2.4%)

Output slipped back sharply in chemicals (−4.0%), in pharmaceuticals (−2.3%), in “other manufacturing” (−1.2%), and more moderately in the manufacture of rubber and plastics products and other non-metallic mineral products (−0.7%) and in wood, paper and printing industries (−0.6%). Conversely, it went up in textiles, wearing apparel, leather and related products (+1.9%) and was virtually stable in the manufacture of basic metals and fabricated metal products.

Output slipped back sharply in machinery and equipment goods (−3.7% after +6.3%)

Output slipped back markedly in the manufacture of machinery and equipment n.e.c. (−7.3%). It also declined in the manufacture of computer, electronic and optical products (−1.4%) and in the manufacture of electrical equipment (−0.5%).

Output decreased in the manufacture of food products and beverages (−0.7% after +0.1%)

Output decreased in the manufacture of food products and beverages (−0.7% after +0.1%), due to a drop in the manufacture of dairy products and in the manufacture of other food products.

Output bounced back in mining and quarrying; energy; water supply (+3.1% after −3.6%)

Output recovered sharply in electricity, gas (+3.8% after −5.4%) in the aftermath of a drop in October due to milder than usual temperatures.

Output accelerated in the manufacture of transport equipment (+3.2% after +1.6%)

Output soared in the manufacture of other transport equipment (+8.1% after −1.1%). By contrast, it slipped back in the manufacture of motor vehicles, trailers and semi-trailers (−2.3% after +4.7%).

Output picked up in the manufacture of coke and refined petroleum products (+1.9% after −3.2%)

Output bounced back in the manufacture of coke and refined petroleum products (+1.9%) after a fall in October (−3.2%).

Tableau3a – Revision of variations

(in percentage point)
Revision of variations
Oct. / Sept. Sept. / Aug. Aug. / July Q3 2017 / Q2 2017 2016 / 2015
Industry (BE) –0.16 0.03 0.08 0.07 0.00
raw serie –0.04 0.06 0.06 0.04 0.00
SA-WDA parameters –0.12 –0.03 0.02 0.03 0.00
Manufacturing (CZ) –0.14 0.01 0.09 0.07 0.00
raw serie –0.04 0.06 0.06 0.04 0.00
SA-WDA parameters –0.10 –0.05 0.03 0.03 0.00
  • How to read it: in the manufacturing sector, the SA-WDA variation between September 2017 and October 2017 is revised by −0.14 points, −0.04 points are due to the revision of the raw series and −0.10 points to the updating of the SA-WDA parameters.
  • Sources: INSEE, SSP, SDES