Insee conjoncture
30 novembre 2018
N° 2018-316

In September 2018, the turnover in the manufacturing industry turned down sharply (−2,3%)Turnover in industry and construction - September 2018

In September 2018, the turnover turned down sharply in the manufacturing industry (−2.3%) after a strong increase in August (+2.8%). It also went down in industry as a whole (−1.9% after +2.8% in August).

Export turnover dwindled sharply in September (−2.3% after +3.4% in August).

Informations rapides
No 316
Paru le : 30/11/2018
Prochaine parution le : 21/12/2018 at 12:00 - October 2018

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 September 2018, the turnover turned down sharply in the manufacturing industry (−2.3%) after a strong increase in August (+2.8%). It also went down in industry as a whole (−1.9% after +2.8% in August).

Export turnover dwindled sharply in September (−2.3% after +3.4% in August).

Increase over the last three months (+1.2%)

The turnover rose over the last quarter in the manufacturing industry (+1.2%) as in industry as a whole (+1.4%). Within manufacturing, the turnover grew sharply in the manufacture of transport equipment (+4.1%), in the manufacture of coke and refined petroleum products (+5.9%) and in the machinery and equipment goods (+2.1%). It was stable in the “other manufacturing” and decreased in the manufacture of food products and beverages (−0.4%).

Sharp increase compared to the previous year (+3.4%)

The turnover grew sharply compared to the same three months of the previous year in the manufacturing industry (+3.4%). It grew more sharply in industry as a whole (+4.4%) due to the strong rise in mining and quarrying, energy, water supply abd waste management (+9.5%). Over this period, the turnover in the manufacture of coke and refined petroleum products surged (+31.6%). It also grew up but more moderatly in “other manufacturing” (+2.3%), in the manufacture of transport equipment (+3.4%), in the machinery and equipment goods (+2.2%). It was virtually stable in the manufacture of food products and beverages (+0.1%).

Graph1Turnover in manufacturing industry

  • Sources: DGFiP, INSEE

Table1Variation of the turnover in industry and construction

SA-WDA value, Base year 2015
Variation of the turnover in industry and construction
Change in %
NA : A 10, (A 17) Weight (1) Sep./ Aug. Aug./ July q-o-q (2) y-o-y (3)
BE: INDUSTRY 10000 –1.9 2.8 1.4 4.4
CZ: MANUFACTURING INDUSTRY 8371 –2.3 2.8 1.2 3.4
Of which Exports 2977 –2.3 3.4 0.5 1.0
(C1): Manufacture of food products and beverages 1809 –1.8 1.0 –0.4 0.1
(C2): Manufacture of coke and refined petroleum products 423 2.9 2.8 5.9 31.6
(C3): Machinery and equipment goods 944 –3.4 3.8 2.1 2.2
(C4): Manufacture of transport equipment 1387 –5.2 7.0 4.1 3.4
(C5): Other manufacturing 3808 –1.7 1.8 0.0 2.3
DE: Mining and quarrying; energy; water supply; waste management 1629 –0.1 2.8 2.6 9.5
FZ: CONSTRUCTION 10000 –2.8 5.9 1.3 4.8
  • (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

Strong decrease in transport equipment (−5.2%)

The turnover in the manufacture of transport equipment went down strongly in September (−5.2% after +7.0% in August) due to the drop in the manufacture of other transport equipment (−9.8% after +16.7%) whereas it bounced back slightly in the manufacture of motor vehicles (+0.8% after −3.5%).

The turnover in the manufacture of transport equipment fell back in export sales (−3.9% after +6.3%).

Downturn in “other manufacturing” (−1.7%)

The turnover in “other manufacturing” declined in September (−1.7% after +1.8%). It turned down in other manufacturing, repair and installation of machinery and equipment (−3.2% after +2.9%), in the manufacture of basic metals and fabricated metal products, except machinery and equipment (−2.0% after +3.2%), in the manufacture of rubber and plastics products, and other non-metallic mineral products (−1.9% after 1.9%), in the manufacture of textiles, wearing apparel, leather and related products (−4.8% after +3.7%), in the chemicals and chemical products (−0.6% after +0.7%) and in the manufacture of wood and paper products; printing and reproduction of recorded media (−0.9% after +1.3%). However, it bounced back in the manufacture of basic pharmaceutical products and pharmaceutical preparations (+1.3% after −2.5%)

Export sales in “other manufacturing” dwindled in September (−1.7% after +2.7%).

Downturn in machinery and equipment (−3.4%)

In September, the turnover in machinery and equipment fell back sharply (−3.4% after +3.8% in August). It decreased particularly in the manufacture of machinery and equipment n.e.c. (−4.6% after +4.2%), in the manufacture of electrical equipment (−3.6% after +2.0%) and more moderatly in the manufacture of computer, electronic and optical products (−1.7% after +4.4%).

Export sales in machinery and equipment decreased (−3.8% after +3.6).

Decline in food products and beverages (−1.8%)

The turnover in the manufacture of food products and beverages went down in September (−1.8% after +1.0%). It decreased in export (−1.0%) after a stability in August.

Increase in coke and refined petroleum products (+2.9%)

In September, the turnover in the manufacture of coke and refined petroleum products rose again (+2.9% after +2.8%).

Revisions

The variation of the turnover index in August 2018 has been highered at 2.8% instead of 2.6% in the previous publication. It has been revised upwards by 0.3 points in industry as a whole (2.8% instead of 2.5%).

Table2Indexes of turnover in industry and construction

SA-WDA, based year 2015
Indexes of turnover in industry and construction
Change in %
Industries: Weight (1) Sep. 2018 Sep. Aug. Aug./ July q-o-q (2)
BE: INDUSTRY 10000 112.0 –1.9 2.8 1.4
CZ: MANUFACTURING INDUSTRY 8371 109.6 –2.3 2.8 1.2
of which Exports 2977 106.6 –2.3 3.4 0.5
(C1): Man. of food products and beverages 1809 104.4 –1.8 1.0 –0.4
of which Exports 330 106.0 –1.0 0.0 –1.6
(C2): Man. of coke and refined petroleum products 423 135.3 2.9 2.8 5.9
(C3): Machinery and equipment goods 944 107.4 –3.4 3.8 2.1
of which Exports 491 103.3 –3.8 3.6 1.5
[CI] Man. of computer, electronic and optical products 286 112.9 –1.7 4.4 3.8
[CJ] Man. of electrical equipment 225 103.5 –3.6 2.0 0.1
[CK] Man. of machinery and equipment n.e.c. 433 105.7 –4.6 4.2 1.9
(C4): Man. of transport equipment 1387 115.8 –5.2 7.0 4.1
of which Exports 738 108.2 –3.9 6.3 2.6
[CL1] Man. of motor vehicles, trailers and semi-trailers 648 113.8 0.8 –3.5 –2.0
[CL2] Man. of other transport equipment 739 117.7 –9.8 16.7 9.8
(C5): Other manufacturing 3808 107.5 –1.7 1.8 0.0
of which Exports 1367 106.3 –1.7 2.7 –0.8
[CB] Man. of textiles, wearing apparel, leather and related products 188 102.0 –4.8 3.7 –0.4
[CC] Man. of wood and paper products; printing and reproduction of recorded media 402 104.5 –0.9 1.3 0.0
[CE] Man. of chemicals and chemical products 768 107.1 –0.6 0.7 0.6
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 296 106.5 1.3 –2.5 –2.7
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 613 110.2 –1.9 1.9 0.1
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 867 109.2 –2.0 3.2 –0.4
[CM] Other manufacturing; repair and installation of machinery and equipment 673 107.2 –3.2 2.9 0.7
DE: Mining and quarrying; energy, water supply, sewerage, waste management 1629 124.0 –0.1 2.8 2.6
[BZ] Mining and quarrying 60 112.4 –1.5 0.5 1.9
[DZ] Electricity, gas, steam and air-conditioning supply 1204 127.8 0.5 2.7 3.4
[EZ] Water supply; sewerage, waste management and remediation 365 113.2 –1.8 3.3 –0.1
FZ: CONSTRUCTION 10000 112.8 –2.8 5.9 1.3
  • (1) 10000=B...E and F
  • (2) Quarter-on-quarter: last three months / previous three months
  • Sources: DGFiP, INSEE

Table3Revision of variations

(in point %)
Revision of variations
Aug./ July July/ June June/ May Q2 2018/ Q1 2018 2017/ 2016
Industry (BE) 0.28 –0.05 –0.06 –0.08 –0.01
raw serie 0.31 –0.01 0.01 0.01 –0.01
SA-WDA parameters –0.03 –0.04 –0.07 –0.09 0.00
Manufacturing industry (CZ) 0.20 –0.06 –0.13 –0.15 0.00
raw serie 0.03 0.00 –0.02 0.00 0.00
SA-WDA parameters 0.17 –0.06 –0.11 –0.15 0.00
  • How to read it: in the manufacturing, the SA-WDA variation between August and July 2018 is revised by 0.20 points: +0.03 points are due to the raw series' revision and +0,17 point to the new calculation of the SA-WDA.
  • Sources: DGFiP, INSEE

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Prochaine parution le : 21/12/2018 at 12:00 - October 2018