Informations Rapides ·
5 November 2024 · n° 277
In September 2024, manufacturing output fell back (‑0.8%) Industrial production index - September 2024
In September 2024, output fell back over a month in the manufacturing industry (‑0.8% after +1.4% in August 2024), as well as in the whole industry (‑0.9% after +1.1%).
- Over a month, output was down mainly due to the decline in the manufacture of pharmaceutical products and preparations
- Over a year, manufacturing output decreased by 0.9%
- Output in main energy-intensive industries remained low compared to their 2021 level
- The monthly evolution of the August 2024 manufacturing index is slightly revised downwards
- For more information
In September 2024, output fell back over a month in the manufacturing industry (‑0.8% after +1.4% in August 2024), as well as in the whole industry (‑0.9% after +1.1%).
tableauMonthly Industrial Production Indices
| (C1) | (C3) | (C4) | (C5) | CZ | |
|---|---|---|---|---|---|
| 2024-09 | 98.39 | 101.4 | 112.34 | 99.6 | 101.64 |
| 2024-08 | 97.6 | 102.31 | 111.52 | 101.43 | 102.51 |
| 2024-07 | 98.01 | 104.08 | 107.86 | 99.03 | 101.14 |
| 2024-06 | 97.86 | 99.73 | 113.27 | 99.08 | 101.37 |
| 2024-05 | 98.13 | 100.42 | 109.68 | 98.22 | 100.33 |
| 2024-04 | 98.76 | 105.93 | 110.83 | 101.93 | 103.34 |
| 2024-03 | 99.49 | 102.62 | 113.02 | 100.96 | 102.69 |
| 2024-02 | 100.01 | 104.02 | 111.1 | 101.34 | 103.11 |
| 2024-01 | 98.3 | 101.92 | 113.96 | 99.84 | 101.78 |
| 2023-12 | 97.2 | 101.61 | 120.25 | 101.67 | 103.52 |
| 2023-11 | 95.8 | 107.0 | 119.12 | 100.29 | 103.19 |
| 2023-10 | 97.1 | 104.79 | 117.93 | 100.2 | 103.0 |
| 2023-09 | 96.51 | 105.0 | 114.74 | 100.02 | 102.55 |
| 2023-08 | 97.81 | 104.81 | 119.54 | 98.96 | 102.62 |
| 2023-07 | 98.47 | 106.04 | 116.72 | 99.8 | 103.02 |
| 2023-06 | 99.05 | 107.0 | 117.79 | 98.92 | 103.0 |
| 2023-05 | 98.55 | 108.35 | 121.5 | 100.21 | 104.21 |
| 2023-04 | 98.24 | 105.27 | 117.39 | 98.5 | 101.48 |
| 2023-03 | 98.85 | 104.62 | 115.95 | 99.06 | 101.29 |
| 2023-02 | 98.5 | 105.84 | 117.69 | 99.37 | 102.97 |
| 2023-01 | 98.26 | 104.71 | 108.91 | 98.9 | 101.55 |
| 2022-12 | 98.12 | 101.36 | 115.29 | 100.18 | 102.35 |
| 2022-11 | 100.83 | 104.91 | 105.92 | 101.53 | 102.82 |
| 2022-10 | 99.77 | 99.94 | 107.44 | 99.73 | 99.97 |
| 2022-09 | 99.68 | 105.34 | 109.16 | 101.34 | 102.84 |
| 2022-08 | 100.41 | 103.07 | 111.83 | 101.7 | 103.41 |
| 2022-07 | 99.73 | 98.11 | 107.92 | 99.61 | 100.88 |
| 2022-06 | 100.24 | 102.32 | 106.47 | 101.24 | 102.24 |
| 2022-05 | 98.57 | 99.63 | 102.35 | 101.59 | 101.39 |
| 2022-04 | 99.63 | 97.7 | 99.98 | 99.68 | 99.88 |
| 2022-03 | 101.17 | 99.72 | 95.97 | 101.59 | 101.07 |
| 2022-02 | 101.24 | 100.72 | 100.45 | 100.81 | 101.07 |
| 2022-01 | 102.08 | 99.38 | 101.36 | 102.84 | 102.31 |
| 2021-12 | 101.33 | 101.53 | 101.04 | 98.73 | 100.05 |
| 2021-11 | 102.35 | 98.2 | 94.0 | 99.51 | 99.46 |
| 2021-10 | 101.01 | 100.87 | 104.73 | 100.71 | 101.32 |
| 2021-09 | 99.27 | 100.84 | 89.78 | 99.66 | 98.75 |
| 2021-08 | 99.78 | 99.5 | 99.5 | 100.62 | 100.32 |
| 2021-07 | 100.48 | 98.28 | 105.49 | 100.14 | 100.59 |
| 2021-06 | 100.57 | 100.25 | 95.61 | 99.9 | 99.73 |
| 2021-05 | 99.07 | 98.97 | 97.79 | 99.58 | 99.15 |
| 2021-04 | 98.5 | 100.17 | 99.44 | 100.0 | 99.6 |
| 2021-03 | 100.08 | 100.73 | 100.99 | 99.9 | 100.09 |
| 2021-02 | 97.65 | 98.75 | 100.14 | 98.93 | 98.53 |
| 2021-01 | 99.9 | 101.9 | 111.48 | 102.3 | 102.42 |
- Legend: CZ: Manufacturing - (C1): Manufacture of food products and beverages - (C3): Machinery and equipment goods - (C4): Manufacture of transport equipment - (C5): Other manufacturing.
graphiqueMonthly 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.
- Source: INSEE, SSP, SDES
Over a month, output was down mainly due to the decline in the manufacture of pharmaceutical products and preparations
In September 2024*, output fell back in the “other manufacturing industries” (‑1.8% after +2.4%), specifically in the manufacture of pharmaceutical products and pharmaceutical preparations (‑11.7% after +18.8%) after an exceptionally high level in August. Output decreased again in mining and quarrying, energy, water supply (‑1.2% after ‑0.1%) and in the manufacture of machinery and equipment goods (‑0.9% after ‑1.7%). On the contrary, it bounced back in the manufacture of food products and beverages (+0.8% after ‑0.4%) and in the manufacture of coke and refined petroleum products (+3.2% after ‑2.2%). It increased again in the manufacture of transport equipment (+0.7% after +3.4%): in details, it increased again in the manufacture of “other transport equipment” (+2.4% after +3.1%), but it fell back in the manufacture of motor vehicles, trailers and semi-trailer (‑2.0% after +3.9%).
tableauVariation in the Industrial Production
| NA : A10, (A17), [A38 or A64] | Weights* | ‘Sept 2024 | Sept. 2024 / Aug. 2024 | ‘Aug. 2024 / July 2024 | Quarter-on-quarter change (3) | Year-on-year change (4) |
|---|---|---|---|---|---|---|
| BE: INDUSTRY | 10,000 | 100.2 | -0.9 | 1.1 | 0.5 | -0.6 |
| CZ: Manufacturing | 8,253 | 101.6 | -0.8 | 1.4 | 0.1 | -0.9 |
| (C1): Man. of food products and beverages | 1,380 | 98.4 | 0.8 | -0.4 | -0.3 | 0.4 |
| (C2): Man. of coke and refined petroleum products | 154 | 132.8 | 3.2 | -2.2 | -1.5 | -7.4 |
| (C3): Machinery and equipment goods | 1,186 | 101.4 | -0.9 | -1.7 | 0.6 | -2.6 |
| [CI] Man. of computer, electronic and optical products | 480 | 110.8 | -1.7 | 0.8 | 0.3 | 0.3 |
| [CJ] Man. of electrical equipment | 255 | 101.3 | 1.9 | -3.1 | -0.7 | -1.9 |
| [CK] Man. of machinery and equipment n.e.c. (1) | 451 | 91.4 | -1.6 | -3.9 | 1.7 | -6.3 |
| (C4): Man. of transport equipment | 887 | 112.3 | 0.7 | 3.4 | -0.6 | -5.5 |
| [CL1] Man. of motor vehicles, trailers and semi-trailers | 367 | 101.7 | -2.0 | 3.9 | -2.2 | -12.8 |
| [CL2] Man. of other transport equipment | 520 | 119.9 | 2.4 | 3.1 | 0.4 | -0.3 |
| (C5): Other manufacturing | 4,646 | 99.6 | -1.8 | 2.4 | 0.3 | 0.4 |
| [CB] Man. of textiles, wearing apparel, leather and related products | 222 | 114.5 | 0.2 | -2.7 | -4.2 | -1.8 |
| [CC] Man. of wood and paper products; printing and reproduction of recorded media | 384 | 89.2 | -1.6 | -1.8 | -2.5 | -0.8 |
| [CE] Man. of chemicals and chemical products | 866 | 91.6 | 0.7 | -2.2 | -1.2 | -3.1 |
| [CF] Man. of basic pharmaceutical products and pharmaceutical preparations | 455 | 115.7 | -11.7 | 18.8 | 7.9 | 15.1 |
| [CG] Man. of rubber and plastics products, and other nonmetallic mineral products | 637 | 86.8 | -0.8 | 0.3 | -2.5 | -6.1 |
| [CH] Man. of basic metals and fabricated metal products, except machinery and equipment | 1,019 | 94.7 | 0.6 | 1.4 | -0.6 | -3.4 |
| [CM] Other manufacturing; repair and installation of machinery and equipment | 1,063 | 112.3 | -1.4 | 2.8 | 2.0 | 4.5 |
| DE: Mining and quarrying; energy; water supply; waste management | 1,747 | 93.2 | -1.2 | -0.1 | 2.5 | 1.5 |
| [BZ] Mining and quarrying | 62 | 81.5 | -1.3 | 1.3 | 0.2 | -9.7 |
| [DZ] Electricity, gas, steam and air-conditioning supply | 1,543 | 94.3 | -1.1 | -0.4 | 2.9 | 2.5 |
| [EZ] Water supply; sewerage, waste management and remediation | 142 | 86.5 | -2.8 | 2.1 | -0.9 | -4.5 |
| FZ: CONSTRUCTION | 4,494 | 97.0 | -0.3 | 0.6 | -1.2 | -4.1 |
| MIGs (2) | ||||||
| Capital goods | 2,830 | 107.3 | -0.8 | 1.5 | 0.7 | -0.7 |
| Intermediate goods | 2,880 | 91.8 | 0.2 | -0.8 | -1.4 | -3.6 |
| Consumer durables | 172 | 110.6 | -0.4 | 7.7 | 4.2 | -1.0 |
| Consumer non-durables | 2,273 | 103.8 | -2.5 | 3.5 | 0.8 | 2.3 |
| Energy | 1,845 | 96.9 | -0.7 | -0.4 | 2.1 | 0.7 |
- *Weights (10 000 = B...E)
- (1) n.e.c. : not elsewhere classifiable
- (2) Main industrial groupings: definition in Commission regulation EC of 14 June 2007
- (3) Last three months / previous three months
- (4) Last three months / same three months of previous year
- Source: INSEE, SSP, SDES.
Over a year, manufacturing output decreased by 0.9%
Cumulative output over the third quarter of 2024 was lower than that of the third quarter of 2023 in the manufacturing industry (‑0.9%), as well as in the whole industry (‑0.6%).
Over this one-year period, output went down sharply in the manufacture of transport equipment (‑5.5%): in details, it decreased slightly in the manufacture of “other transport equipment” (‑0.3%) but decreased strongly in the manufacture of motor vehicles, trailers and semi-trailer (‑12.8%). Output decreased also sharply in the manufacture of machinery and equipment goods (‑2.6%), due to the strong decrease in the manufacture of machinery and equipment n.e.c (‑6.3%), and in the manufacture of coke and refined petroleum products (‑7.4%). On the contrary, it increased in mining and quarrying, energy, water supply (+1.5 %). It increased more moderately in the “other manufacturing industries” (+0.4%) and in the manufacture of food products and beverages (+0.4%).
Output in main energy-intensive industries remained low compared to their 2021 level
In the context of high electricity and gas prices invoiced to firms given the contracts agreed in 2022 and 2023 for 2024, energy-intensive industries are particularly exposed to rising production costs, which may affect their output. Output over the third quarter of 2024 in these industries remained thus down sharply compared to that of the second quarter of 2021 (last quarter before the sharp rise of energy prices), particularly in the manufacture of basic iron and steel and of ferro-alloys (‑24.8%), the manufacture of glass and glass products (‑21.2%), the manufacture of basic chemicals (‑17.8%) and the manufacture of pulp, paper and paperboard (‑11.7%).
tableauMonthly industrial production index in five energy-intensive industries
| Pulp, paper and paperboard (171) | Basic chemicals (201) | Glass and glass products (231) | Basic iron and steel and ferro-alloys (241) | Basic precious and other non-ferrous metals (244) | |
|---|---|---|---|---|---|
| 2024-09 | 86.5 | 79.95 | 75.52 | 79.33 | 97.08 |
| 2024-08 | 88.66 | 80.38 | 79.31 | 81.74 | 98.04 |
| 2024-07 | 88.98 | 83.5 | 78.99 | 70.04 | 94.38 |
| 2024-06 | 88.93 | 81.8 | 81.28 | 73.31 | 90.5 |
| 2024-05 | 90.11 | 78.15 | 83.89 | 77.49 | 93.91 |
| 2024-04 | 89.78 | 83.84 | 88.69 | 72.43 | 98.16 |
| 2024-03 | 88.7 | 90.2 | 88.54 | 75.77 | 97.16 |
| 2024-02 | 92.75 | 84.03 | 92.19 | 76.86 | 98.87 |
| 2024-01 | 84.88 | 83.35 | 84.31 | 77.13 | 94.94 |
| 2023-12 | 81.8 | 85.38 | 82.67 | 82.64 | 101.89 |
| 2023-11 | 83.83 | 89.95 | 85.89 | 84.48 | 94.45 |
| 2023-10 | 83.88 | 93.09 | 86.33 | 75.04 | 93.12 |
| 2023-09 | 85.63 | 88.44 | 88.9 | 80.76 | 90.76 |
| 2023-08 | 83.32 | 83.52 | 89.15 | 81.4 | 91.89 |
| 2023-07 | 81.72 | 84.39 | 91.06 | 61.88 | 91.16 |
| 2023-06 | 73.95 | 84.58 | 92.19 | 52.83 | 95.43 |
| 2023-05 | 78.93 | 87.45 | 96.79 | 56.77 | 92.77 |
| 2023-04 | 80.22 | 83.64 | 92.97 | 82.52 | 91.08 |
| 2023-03 | 76.29 | 80.63 | 95.08 | 83.81 | 89.87 |
| 2023-02 | 79.28 | 83.42 | 96.91 | 60.26 | 90.56 |
| 2023-01 | 79.89 | 78.26 | 97.45 | 82.61 | 86.8 |
| 2022-12 | 81.79 | 79.19 | 100.26 | 78.86 | 97.55 |
| 2022-11 | 85.15 | 77.8 | 100.83 | 80.7 | 88.76 |
| 2022-10 | 94.85 | 78.09 | 107.49 | 86.0 | 88.37 |
| 2022-09 | 95.66 | 84.02 | 107.48 | 77.93 | 91.64 |
| 2022-08 | 92.79 | 87.3 | 101.76 | 90.19 | 92.88 |
| 2022-07 | 93.57 | 93.51 | 100.67 | 88.87 | 96.48 |
| 2022-06 | 98.04 | 94.71 | 103.14 | 100.34 | 95.24 |
| 2022-05 | 100.01 | 93.0 | 101.68 | 93.78 | 97.94 |
| 2022-04 | 98.6 | 92.63 | 100.67 | 96.55 | 95.1 |
| 2022-03 | 102.58 | 97.99 | 104.36 | 93.49 | 97.57 |
| 2022-02 | 101.42 | 94.49 | 104.19 | 100.67 | 92.66 |
| 2022-01 | 102.83 | 101.26 | 104.5 | 100.38 | 97.01 |
| 2021-12 | 105.19 | 103.44 | 106.63 | 100.58 | 96.62 |
| 2021-11 | 100.9 | 102.89 | 105.04 | 96.82 | 105.59 |
| 2021-10 | 98.51 | 101.7 | 102.61 | 99.77 | 101.37 |
| 2021-09 | 98.8 | 98.94 | 101.58 | 101.69 | 92.51 |
| 2021-08 | 102.41 | 97.34 | 99.46 | 99.93 | 101.62 |
| 2021-07 | 100.57 | 98.73 | 100.32 | 105.8 | 101.41 |
| 2021-06 | 99.12 | 100.09 | 99.06 | 101.96 | 103.64 |
| 2021-05 | 99.14 | 96.26 | 99.58 | 99.93 | 98.95 |
| 2021-04 | 101.03 | 100.41 | 98.04 | 105.56 | 99.98 |
| 2021-03 | 99.55 | 103.19 | 94.97 | 98.42 | 100.1 |
| 2021-02 | 97.19 | 98.21 | 96.62 | 95.36 | 98.16 |
| 2021-01 | 97.59 | 98.79 | 96.08 | 94.18 | 100.04 |
graphiqueMonthly industrial production index in five energy-intensive industries
- Source: INSEE.
The monthly evolution of the August 2024 manufacturing index is slightly revised downwards
The evolution of the manufacturing index between July and August 2024 is revised downwards, at +1.4% instead of +1.6% (after rounding). The evolution of the index for the whole industry is also revised downwards, at +1.1% instead of +1.4% (after rounding).
tableauRevision of variations
| Aug. 2024 / July 2024 | July 2024 / June 2024 | June 2024 / May 2024 | Q2 2024 / Q1 2024 | 2023 / 2022 | |
|---|---|---|---|---|---|
| Industry (BE) | -0.31 | 0.04 | 0.01 | -0.04 | 0.03 |
| raw serie | -0.34 | 0.00 | 0.03 | -0.04 | 0.03 |
| SA-WDA parameters | 0.03 | 0.04 | -0.02 | 0.00 | 0.00 |
| Manufacturing (CZ) | -0.27 | -0.06 | 0.01 | -0.03 | 0.04 |
| raw serie | -0.34 | -0.06 | 0.00 | -0.03 | 0.03 |
| SA-WDA parameters | 0.07 | 0.00 | 0.01 | 0.00 | 0.01 |
- How to read it: in the manufacturing sector, the SA-WDA variation between July and August 2024 is revised by -0.27 points: -0.34 points are due to the revision of the raw series and 0.07 points to the updating of the SA-WDA parameters.
- Source: INSEE, SSP, SDES.
For more information
* All data in this publication are seasonally and working days adjusted (SA-WDA). In the commentary, percentage changes by sub-branches are presented in descending order of their contribution to the overall percentage change of the industrial production index. The contribution of a sub-branch takes into account its weight and the scale of its change.
The methodology used to build and calculate the industrial production index (IPI) is detailed in the “Documentation” tab of this publication.
Next issue: 5 December 2024 at 08:45 am.
Pour en savoir plus
Time series: Industrial production index – Base 2021
Insee Méthodes n° 133 – july 2019 "Industrial Production Index with Base Year 2015"