Informations Rapides · 29 March 2024 · n° 83

In January 2024, manufacturing turnover fell back (-1.4%) Turnover in industry and construction - January 2024

In accordance with the European Business Statistics Regulation (EBS Regulation) and its Implementing Regulation, the turnover indices in industry and construction are now disseminated in reference and base 100 in 2021.

Furthermore, the weights of these indices have been updated. The weights taken into account for the period from January 2018 are thus based on turnover data for 2021 taken from the national accounts. Taking these new weights into account leads to revisions of the indices over the same period.

Finally, the seasonal and working-day adjustment models (SA-WDA) have also been updated over the recent past, in order to improve the quality of the index.

Further information on these changes is available in the Documentation tab of the web version of this publication.

INSEE recommends using producer price indices in industry and the industrial production index to analyse separately the evolution of activity and prices in this sector of activity, rather than using turnover indices whose evolution results from both price and activity evolutions.

Moreover, the producer price indices in industry and the industrial production index are published earlier than the turnover indices: respectively 30 and 35 days after the end of the month for the producer price indices and for the production index, against 60 days after the end of the month for the turnover indices.

However, the industrial turnover indices continue to be published monthly, but in a more concise form: since August 2022, the publication only contains the graph and the link to all the index series available in the database on the Insee website. The details of the data available online remain unchanged.

Links to the different time series are available at the bottom of the web version of this publication.