30 November 2018
2018- n° 316In 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).
- Increase over the last three months (+1.2%)
- Sharp increase compared to the previous year (+3.4%)
- Strong decrease in transport equipment (−5.2%)
- Downturn in “other manufacturing” (−1.7%)
- Downturn in machinery and equipment (−3.4%)
- Decline in food products and beverages (−1.8%)
- Increase in coke and refined petroleum products (+2.9%)
- Revisions
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%).
graphiqueGraph1 – Turnover in manufacturing industry
tableauTable1 – 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%).
tableauTable2 – 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
tableauTable3 – 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
Documentation
Turnover indices (pdf,32 Ko)