Insee conjoncture

In May 2018, manufacturing output fell back (−0.6%)Industrial production index - May 2018

In May 2018, output fell back in the manufacturing industry (−0.6%, after +0.4% in April). It decreased slightly in the whole industry (−0.2% after −0.5%).

Informations rapides N° 179
No 179
Principaux indicateurs
Paru le : 10/07/2018
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 May 2018, output fell back in the manufacturing industry (−0.6%, after +0.4% in April). It decreased slightly in the whole industry (−0.2% after −0.5%).

Over the last three months, manufacturing output decreased (−0.5%)

Manufacturing output decreased over the last three months (−0.5%), as well as in the overall industry (−0.8%).

Output decreased markedly in mining and quarrying, energy, water supply (−2.3%), in the manufacture of machinery and equipment goods (−1.2%), in the manufacture of transport equipment (−1.0%) and more moderately in “other manufacturing” (−0.4%). It tumbled in the manufacture of coke and refined petroleum products (−14.7%). Conversely, it grew in the manufacture of food products and beverages (+1.3%).

Over a year, manufacturing output increased (+0.8%)

Manufacturing output of the last three months increased compared to the same months of 2017 (+0.8%), as well as in the whole industry (+0.9%).

Over a year, output of the last three months increased in “other manufacturing” (+0.8%). It grew sharply in the manufacture of transport equipment (+2.5%), in mining and quarrying, energy, water supply (+1.5%) and in the manufacture of machinery and equipment goods (+1.5%). On the contrary, output tumbled in the manufacture of coke and refined petroleum products (−14.1%) and decreased slightly in the manufacture of food products and beverages (−0.2%).

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) May / April April / March Q-o-Q change (1) Year-on-year change (2)
BE: INDUSTRY –0.2 –0.5 –0.8 0.9
CZ: Manufacturing –0.6 0.4 –0.5 0.8
(C1): Manufacture of food products and beverages –0.4 1.0 1.3 –0.2
(C2): Manufacture of coke and refined petroleum products –13.9 –3.9 –14.7 –14.1
(C3): Machinery and equipment goods 0.7 –2.9 –1.2 1.5
(C4): Manufacture of transport equipment –1.1 4.2 –1.0 2.5
(C5): Other manufacturing –0.5 0.2 –0.4 0.8
DE: Mining and quarrying; energy; water supply; waste management 1.9 –5.3 –2.3 1.5
FZ: CONSTRUCTION –3.4 4.0 –2.8 –2.3
  • (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] May 2018 May / April April / March Quarter-on-quarter change
BE: INDUSTRY 102.6 –0.2 –0.5 –0.8
CZ: Manufacturing 103.2 –0.6 0.4 –0.5
(C1): Man. of food products and beverages 99.2 –0.4 1.0 1.3
(C2): Man. of coke and refined petroleum products 74.9 –13.9 –3.9 –14.7
(C3): Machinery and equipment goods 104.0 0.7 –2.9 –1.2
[CI] Man. of computer, electronic and optical products 109.9 1.6 –5.7 –0.7
[CJ] Man. of electrical equipment 99.1 –0.2 2.2 –1.6
[CK] Man. of machinery and equipment n.e.c. (1) 101.1 0.3 –2.5 –1.6
(C4): Man. of transport equipment 111.1 –1.1 4.2 –1.0
[CL1] Man. of motor vehicles, trailers and semi-trailers 111.7 –1.3 –0.8 –1.9
[CL2] Man. of other transport equipment 110.7 –0.9 8.6 –0.1
(C5): Other manufacturing 102.7 –0.5 0.2 –0.4
[CB] Man. of textiles, wearing apparel, leather and related products 94.2 –0.2 0.3 –1.7
[CC] Man. of wood and paper products; printing and reproduction of recorded media 100.2 –0.7 –0.2 –1.4
[CE] Man. of chemicals and chemical products 106.5 –0.1 2.8 –0.7
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 108.1 1.6 –2.8 2.6
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 105.1 –1.4 1.1 –0.7
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 102.7 –0.8 –1.0 –2.0
[CM] Other manufacturing; repair and installation of machinery and equipment 98.6 –1.0 0.4 0.9
DE: Mining and quarrying; energy; water supply; waste management 99.1 1.9 –5.3 –2.3
[BZ] Mining and quarrying 104.2 –1.5 1.7 1.8
[DZ] Electricity, gas, steam and air-conditioning supply 99.3 2.2 –6.0 –2.6
[EZ] Water supply; sewerage, waste management and remediation 94.9 0.1 –1.3 –1.0
FZ: CONSTRUCTION 99.1 –3.4 4.0 –2.8
MIGs (2)
Capital goods 105.4 –0.8 0.5 –0.3
Intermediate goods 102.9 0.1 0.6 –1.0
Consumer durables 100.2 –1.7 0.7 –4.2
Consumer non-durables 102.0 –0.4 0.2 1.0
Energy 97.3 1.1 –5.5 –3.2
  • (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 May, output decreased in “other manufacturing” (−0.5% after +0.2%)

Output diminished in most branches of “other manufacturing”. It slipped back in other manufacturing; repair and installation of machinery and equipment (−1.0%) and in the manufacture of rubber and plastics products, and other non-metallic mineral products (−1.4%). It went down again in the manufacture of basic metals and fabricated metal products (−0.8%) and in that of wood, paper and printing industries (−0.7%). It fell slightly in chemicals (−0.1%) and in textiles, wearing apparel, leather and related products (−0.2%). By contrast, it grew in pharmaceuticals (+1.6%).

Output fell back in the manufacture of transport equipment (−1.1% after +4.2%)

Output decreased again in the manufacture of motor vehicles, trailers and semi-trailers (−1.3% after −0.8%) and it slipped back in the manufacture of other transport equipment (−0.9% after +8.6%).

Output tumbled in the manufacture of coke and refined petroleum products (−13.9% after −3.9%)

Output collapsed in the manufacture of coke and refined petroleum products (−13.9% after −3.9%) due to maintenances in several refineries.

Output decreased in the manufacture of food products and beverages (−0.4% after +1.0%)

Output slipped back in the manufacture of food products and beverages (−0.4% after +1.0%) due to a drop in the manufacture of other food products.

Output bounced back in mining and quarrying; energy; water supply (+1.9% after −5.3%)

Output picked up in mining and quarrying; energy; water supply (+1.9% after −5.3%) due to a rebound in electricity, gas (+2.2% after −6.0%).

Output recovered in machinery and equipment goods (+0.7% after −2.9%)

Output rebounded in the manufacture of computer, electronic and optical products (+1.6% after −5.7%) and in that of machinery and equipment n.e.c. (+0.3% after −2.5%). Conversely, it slipped back in the manufacture of electrical equipment (−0.2% after +2.2%).

Tableau3a – Revision of variations

(in percentage point)
Revision of variations
April / March March / Feb. Feb. / Jan. Q1 2018 / Q4 2017 2017 / 2016
Industry (BE) 0.05 –0.13 0.02 –0.04 0.01
raw serie –0.07 –0.09 0.02 0.00 0.00
SA-WDA parameters 0.12 –0.04 0.00 –0.04 0.01
Manufacturing (CZ) –0.04 –0.15 0.02 –0.06 0.00
raw serie –0.05 –0.12 0.02 –0.02 0.00
SA-WDA parameters 0.01 –0.03 0.00 –0.04 0.00
  • How to read it: in the manufacturing sector, the SA-WDA variation between March 2018 and April 2018 is revised by −0.04 points, −0.05 points are due to the revision of the raw series and +0.01 points to the updating of the SA-WDA parameters.
  • Sources: INSEE, SSP, SDES