Insee conjoncture

In April 2018, manufacturing output grew again (+0.4%)Industrial production index - April 2018

In April 2018, output grew again in the manufacturing industry (+0.4%, after +0.3% in March), whereas it diminished again in the whole industry (−0.5% after −0.4%).

Informations rapides N° 150
No 150
Principaux indicateurs
Paru le : 08/06/2018
Prochaine parution le : 10/10/2018 at 08:45 - August 2018

Please note: all series are seasonally (SA) and working-day adjusted (WDA).

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 April 2018, output grew again in the manufacturing industry (+0.4%, after +0.3% in March), whereas it diminished again in the whole industry (−0.5% after −0.4%).

Over the last three months, manufacturing output fell sharply (−1.1%)

Manufacturing output dropped sharply over the last three months (−1.1%). It decreased in the overall industry (−0.5%).

Output decreased markedly in the manufacture of transport equipment (−3.8%) and more moderately in “other manufacturing” (−0.9%). It tumbled in the manufacture of coke and refined petroleum products (−6.4%) and diminished in the manufacture of machinery and equipment goods (−0.5%). Conversely, it grew sharply in mining and quarrying, energy, water supply (+2.3%) and in the manufacture of food products and beverages (+1.2%).

Over a year, manufacturing output grew strongly (+1.9%)

Manufacturing output of the last three months grew strongly compared to the same months of 2017 (+1.9%), as well as in the whole industry (+2.6%).

Over a year, output soared in mining and quarrying, energy, water supply (+6.3%). It grew sharply in the manufacture of transport equipment (+4.0%) and in the manufacture of machinery and equipment goods (+3.6%). Output grew more moderately in “other manufacturing” (+1.4%) and very slightly in the manufacture of food products and beverages (+0.3%). On the contrary, it decreased sharply in the manufacture of coke and refined petroleum products (−1.7%).

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

2015 based, SA-WDA changes in %
Variation in the Industrial Production
NA : A10, (A17) April / April April / Feb. Q-o-Q change (1) Year-on-year change (2)
BE: INDUSTRY –0.5 –0.4 –0.5 2.6
CZ: Manufacturing 0.4 0.3 –1.1 1.9
(C1): Manufacture of food products and beverages 1.8 0.4 1.2 0.3
(C2): Manufacture of coke and refined petroleum products –4.7 –8.5 –6.4 –1.7
(C3): Machinery and equipment goods –2.5 1.2 –0.5 3.6
(C4): Manufacture of transport equipment 3.6 –0.5 –3.8 4.0
(C5): Other manufacturing 0.1 0.5 –0.9 1.4
DE: Mining and quarrying; energy; water supply; waste management –5.8 –4.3 2.3 6.3
FZ: CONSTRUCTION 2.9 –2.3 –1.3 –1.0
  • (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

2015 based, SA-WDA changes in %
Variation in the Industrial Production
NA : A10, (A17), [A38 or A64] April 2018 April / April April / Feb. Quarter-on-quarter change
BE: INDUSTRY 102.9 –0.5 –0.4 –0.5
CZ: Manufacturing 104.0 0.4 0.3 –1.1
(C1): Man. of food products and beverages 100.5 1.8 0.4 1.2
(C2): Man. of coke and refined petroleum products 87.1 –4.7 –8.5 –6.4
(C3): Machinery and equipment goods 103.6 –2.5 1.2 –0.5
[CI] Man. of computer, electronic and optical products 109.4 –4.3 3.3 0.3
[CJ] Man. of electrical equipment 99.4 1.8 –1.9 –0.8
[CK] Man. of machinery and equipment n.e.c. (1) 100.5 –2.8 0.7 –1.2
(C4): Man. of transport equipment 112.2 3.6 –0.5 –3.8
[CL1] Man. of motor vehicles, trailers and semi-trailers 113.7 –0.8 0.6 –1.9
[CL2] Man. of other transport equipment 111.1 7.5 –1.5 –5.3
(C5): Other manufacturing 103.4 0.1 0.5 –0.9
[CB] Man. of textiles, wearing apparel, leather and related products 94.1 0.2 0.6 –3.9
[CC] Man. of wood and paper products; printing and reproduction of recorded media 101.1 –0.1 –0.4 –0.8
[CE] Man. of chemicals and chemical products 106.8 2.7 –1.5 –1.8
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 105.2 –4.3 4.7 –0.5
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 107.1 1.3 1.0 –2.0
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 103.8 –1.1 –0.4 –0.4
[CM] Other manufacturing; repair and installation of machinery and equipment 99.9 0.8 0.8 0.3
DE: Mining and quarrying; energy; water supply; waste management 96.8 –5.8 –4.3 2.3
[BZ] Mining and quarrying 105.5 1.8 4.3 –2.0
[DZ] Electricity, gas, steam and air-conditioning supply 96.5 –6.7 –5.1 2.9
[EZ] Water supply; sewerage, waste management and remediation 95.0 –1.1 –0.2 –0.9
FZ: CONSTRUCTION 103.0 2.9 –2.3 –1.3
MIGs (2)
Capital goods 106.5 0.6 0.7 –1.2
Intermediate goods 103.0 0.5 –0.2 –1.4
Consumer durables 102.1 0.8 0.4 –5.2
Consumer non-durables 102.8 0.3 1.2 0.3
Energy 95.7 –6.1 –4.9 2.0
  • (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 April, output fell sharply in mining and quarrying; energy; water supply (−5.8% after −4.3%)

Output decreased again sharply in electricity, gas (−6.7% after −5.1%) because of exceptionally mild temperatures in April.

Output fell back sharply in machinery and equipment goods (−2.5% after +1.2%)

Output fell back in the manufacture of computer, electronic and optical products (−4.3% after +3.3%) and in that of machinery and equipment n.e.c. (−2.8% after +0.7%). Conversely, it picked up in the manufacture of electrical equipment (+1.8% after −1.9%).

Output fell sharply again in the manufacture of coke and refined petroleum products (−4.7% after −8.5%)

Output continued to declined markedly in the manufacture of coke and refined petroleum products (−4.7% after −8.5%) due to maintenance in a refinery.

Output picked up strongly in the manufacture of transport equipment (+3.6% after −0.5%)

Output soared in the manufacture of other transport equipment (+7.5% after −1.5%). Conversely, it slipped back in the manufacture of motor vehicles, trailers and semi-trailers (−0.8% after +0.6%).

Output gained momentum in the manufacture of food products and beverages (+1.8% after +0.4%)

Output accelerated in the manufacture of food products and beverages (+1.8% after +0.4%) due to a sharp rise in the manufacture of cocoa, chocolate and sugar confectionery.

Output was virtually stable in “other manufacturing” (+0.1% after +0.5%)

Output bounced back in chemicals (+2.7%). It grew again in the manufacture of rubber and plastics products, and other non-metallic mineral products (+1.3%), in “other manufacturing” (+0.8%) and in textiles, wearing apparel, leather and related products (+0.2%). Conversely, it fell back sharply in pharmaceuticals (−4.3%) and in the manufacture of basic metals and fabricated metal products (−1.1%). It was virtually stable in the manufacture of wood, paper and printing industries (−0.1%).

Tableau3a – Revision of variations

(in percentage point)
Revision of variations
March / Feb. Feb. / Jan. Jan. / Dec. Q1 2018 / Q4 2017 2017 / 2016
Industry (BE) –0.01 0.09 –0.02 0.04 0.01
raw serie 0.16 0.00 –0.04 –0.01 0.01
SA-WDA parameters –0.17 0.09 0.02 0.05 0.00
Manufacturing (CZ) 0.19 –0.06 –0.04 0.00 0.02
raw serie 0.22 –0.02 –0.02 0.00 0.01
SA-WDA parameters –0.03 –0.04 –0.02 0.00 0.01
  • How to read it: in the manufacturing sector, the SA-WDA variation between February 2018 and March 2018 is revised by +0.19 points, +0.22 points are due to the revision of the raw series and −0.03 points to the updating of the SA-WDA parameters.
  • Sources: INSEE, SSP, SDES