Insee conjoncture
7 septembre 2018
N° 2018-235

In July 2018, manufacturing output kept the momentum (+0.5%)Industrial production index - July 2018

In July 2018, output kept growing in the manufacturing industry (+0.5% after +0.7% in June) as well as in the whole industry (+0.7% after +0.7%).

Informations rapides
No 235
Paru le : 07/09/2018
Prochaine parution le : 10/01/2019 at 08:45 - November 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 July 2018, output kept growing in the manufacturing industry (+0.5% after +0.7% in June) as well as in the whole industry (+0.7% after +0.7%).

Manufacturing output increased over the last three months (+0.5%)

Manufacturing output grew over the last three months (+0.5%). It was virtually stable in the overall industry.

Over the last three months, output soared in the manufacture of transport equipment (+4.0%). It was almost stable in “other manufacturing”. Conversely, it diminshed sharply in mining and quarrying, energy, water supply (−2.3%) and in the manufacture of coke and refined petroleum products (−3.9%), and more slightly in the manufacture of food products and beverages (−0.3%) and in the manufacture of machinery and equipment goods (−0.2%).

Over a year, manufacturing output increased (+1.1%)

Manufacturing output of the last three months increased again compared to the same three months of 2017 (+1.1%), as well as in the whole industry (+1.0%).

Over a year, output soared in the manufacture of transport equipment (+5.1%). To a lesser extent, it also grew in “other manufacturing” (+0.9%), in the manufacture of machinery and equipment goods (+0.9%) and in mining and quarrying, energy, water supply (+0.4%). Conversely, output dropped in the manufacture of coke and refined petroleum products (−12.6%) and it went down in the manufacture of food products and beverages (−1.0%).

Graphique1aMonthly 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

Tableau1aVariation in the Industrial Production

2015 based, SA-WDA changes in %
Variation in the Industrial Production
NA : A10, (A17) July / June June / May Q-o-Q change (1) Year-on-year change (2)
BE: INDUSTRY 0.7 0.7 0.1 1.0
CZ: Manufacturing 0.5 0.7 0.5 1.1
(C1): Manufacture of food products and beverages –0.9 –0.3 –0.3 –1.0
(C2): Manufacture of coke and refined petroleum products 3.9 25.3 –3.9 –12.6
(C3): Machinery and equipment goods 2.3 –1.5 –0.2 0.9
(C4): Manufacture of transport equipment 3.5 1.9 4.0 5.1
(C5): Other manufacturing –0.5 0.8 0.1 0.9
DE: Mining and quarrying; energy; water supply; waste management 1.8 0.5 –2.3 0.4
FZ: CONSTRUCTION –1.8 5.0 0.4 –0.7
  • (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

Tableau2aVariation in the Industrial Production

2015 based, SA-WDA changes in %
Variation in the Industrial Production
NA : A10, (A17), [A38 or A64] July 2018 July / June June / May Quarter-on-quarter change
BE: INDUSTRY 104.3 0.7 0.7 0.1
CZ: Manufacturing 104.8 0.5 0.7 0.5
(C1): Man. of food products and beverages 97.8 –0.9 –0.3 –0.3
(C2): Man. of coke and refined petroleum products 98.2 3.9 25.3 –3.9
(C3): Machinery and equipment goods 105.7 2.3 –1.5 –0.2
[CI] Man. of computer, electronic and optical products 108.1 1.9 –3.8 –2.5
[CJ] Man. of electrical equipment 99.4 –1.0 0.7 1.0
[CK] Man. of machinery and equipment n.e.c. (1) 107.0 4.4 –0.3 1.5
(C4): Man. of transport equipment 117.6 3.5 1.9 4.0
[CL1] Man. of motor vehicles, trailers and semi-trailers 115.8 2.3 1.4 –0.1
[CL2] Man. of other transport equipment 119.1 4.5 2.3 7.5
(C5): Other manufacturing 103.4 –0.5 0.8 0.1
[CB] Man. of textiles, wearing apparel, leather and related products 96.5 2.7 0.4 0.5
[CC] Man. of wood and paper products; printing and reproduction of recorded media 99.6 –1.9 1.3 –0.7
[CE] Man. of chemicals and chemical products 101.7 –3.6 –1.1 –0.6
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 113.3 2.5 1.9 3.7
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 106.2 –0.2 1.3 0.3
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 102.2 –0.6 0.9 –1.8
[CM] Other manufacturing; repair and installation of machinery and equipment 101.7 0.2 0.9 0.8
DE: Mining and quarrying; energy; water supply; waste management 101.5 1.8 0.5 –2.3
[BZ] Mining and quarrying 103.9 –1.1 0.5 1.4
[DZ] Electricity, gas, steam and air-conditioning supply 102.1 1.9 0.8 –2.5
[EZ] Water supply; sewerage, waste management and remediation 94.0 2.3 –2.6 –2.0
FZ: CONSTRUCTION 102.3 –2.4 3.9 –0.3
MIGs (2)
Capital goods 109.8 2.3 0.8 1.4
Intermediate goods 101.0 –1.9 0.1 –0.3
Consumer durables 101.4 –0.2 1.5 –0.1
Consumer non-durables 103.2 0.8 0.4 0.6
Energy 101.1 2.1 1.8 –2.6
  • (1) n.e.c. : not elsewhere classifiable
  • (2) Main industrial groupings: definition in Commission regulation EC of 14 July 2007
  • Sources: INSEE, SSP, SDES

In July, output grew again in the manufacture of transport equipment (+3.5% after +1.9%)

Output accelerated in the manufacture of other transport equipment (+4.5% after +2.3%) and in that of motor vehicles, trailers and semi-trailers (+2.3% after +1.4%).

Output grew again in mining and quarrying; energy; water supply (+1.8% after +0.5%)

Output went up mainly in electricity, gas, steam and air-conditioning supply (+1.9% after +0.8%).

Output bounced back in machinery and equipment goods (+2.3% after −1.5%)

Output bounced back in the manufacture of machinery and equipment n.e.c. (+4.4% after –0.3%) and in that of computer, electronic and optical products (+1.9% after -3.8%). On the contrary, it slipped back in the manufacture of electrical equipment (–1.0% after +0.7%).

Output kept growing in the manufacture of coke and refined petroleum products (+3.9% after +25.3%)

Output in the manufacture of coke and refined petroleum products came back to normal after maintenances during previous months.

Output slipped back in “other manufacturing” (−0.5% after +0.8%)

Output decreased further in chemicals (−3.6% after −1.1%). It slipped back in the manufacture of basic metals and fabricated metal products (−0.6% after +0.9%), in that of wood, paper and printing industries (−1.9% after +1.3%) and in that of rubber and plastics products, and other non-metallic mineral products (−0.2% after +1.3%). Conversely, it grew again in pharmaceuticals (+2.5% after +1.9%), in textiles, wearing apparel, leather and related products (+2.7% after +0.4%) and in other manufacturing, repair and installation of machinery and equipment (+0.2% after +0.9%).

Output decreased again in the manufacture of food products and beverages (−0.9% after −0.3%)

Output went down again in the manufacture of food products and beverages, in particular in the manufacture of beverages and in that of prepared animal feeds.

Tableau3aRevision of variations

(in percentage point)
Revision of variations
June / May May / April April / March Q2 2018 / Q1 2018 2017 / 2016
Industry (BE) 0.09 0.13 0.02 0.14 0.01
raw serie 0.10 0.06 0.00 0.05 0.01
SA-WDA parameters –0.01 0.07 0.02 0.09 0.00
Manufacturing (CZ) 0.12 0.13 0.06 0.16 0.01
raw serie 0.16 0.08 0.01 0.09 0.01
SA-WDA parameters –0.04 0.05 0.05 0.07 0.00
  • How to read it: in the manufacturing sector, the SA-WDA variation between May 2018 and June 2018 is revised by +0.12 points, +0.16 points are due to the revision of the raw series and −0.04 points to the updating of the SA-WDA parameters.
  • Sources: INSEE, SSP, SDES

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Prochaine parution le : 10/01/2019 at 08:45 - November 2018