Informations Rapides ·
5 February 2025 · n° 32
In December 2024, manufacturing output fell back (‑0.7 %) Industrial production index - December 2024
In December 2024, output fell back over a month in the manufacturing industry (‑0.7%, after +0.2 % in November 2024) and in the whole industry (‑0.4 % after +0.1 %).
- Over a month, manufacturing output fell back sharply in the manufacture of transport equipment
- Over a year, manufacturing output declined by 1.9% in the fourth quarter
- Output in main energy-intensive industries remained low compared to their 2021 level
- The monthly evolution of the November 2024 manufacturing index is not revised
- For more information
In December 2024, output fell back over a month in the manufacturing industry (‑0.7%, after +0.2 % in November 2024) and in the whole industry (‑0.4 % after +0.1 %).
tableauMonthly Industrial Production Indices
| (C1) | (C3) | (C4) | (C5) | CZ | |
|---|---|---|---|---|---|
| 2024-12 | 99.95 | 102.49 | 107.19 | 98.56 | 101.11 |
| 2024-11 | 97.26 | 102.04 | 113.34 | 99.59 | 101.82 |
| 2024-10 | 97.84 | 103.17 | 108.95 | 99.68 | 101.65 |
| 2024-09 | 98.17 | 101.94 | 112.12 | 99.98 | 101.91 |
| 2024-08 | 97.51 | 101.98 | 110.77 | 101.77 | 102.57 |
| 2024-07 | 98.05 | 103.97 | 107.74 | 99.99 | 101.67 |
| 2024-06 | 97.88 | 99.86 | 113.01 | 99.89 | 101.83 |
| 2024-05 | 98.09 | 100.38 | 109.63 | 99.2 | 100.87 |
| 2024-04 | 98.62 | 106.17 | 110.73 | 102.69 | 103.78 |
| 2024-03 | 99.37 | 102.72 | 112.96 | 101.83 | 103.17 |
| 2024-02 | 99.8 | 103.98 | 111.13 | 102.08 | 103.47 |
| 2024-01 | 98.06 | 101.67 | 113.94 | 100.45 | 102.03 |
| 2023-12 | 97.21 | 101.35 | 120.06 | 102.43 | 103.86 |
| 2023-11 | 96.13 | 107.37 | 118.44 | 100.49 | 103.34 |
| 2023-10 | 97.08 | 104.48 | 119.34 | 100.49 | 103.24 |
| 2023-09 | 96.61 | 105.02 | 115.29 | 99.99 | 102.65 |
| 2023-08 | 97.85 | 105.02 | 118.98 | 99.17 | 102.73 |
| 2023-07 | 98.5 | 106.0 | 116.38 | 99.99 | 103.1 |
| 2023-06 | 99.04 | 107.1 | 117.64 | 99.07 | 103.08 |
| 2023-05 | 98.65 | 108.31 | 121.12 | 100.33 | 104.25 |
| 2023-04 | 98.22 | 105.5 | 117.02 | 98.64 | 101.56 |
| 2023-03 | 98.8 | 104.56 | 116.03 | 99.44 | 101.5 |
| 2023-02 | 98.43 | 105.94 | 117.67 | 99.34 | 102.93 |
| 2023-01 | 98.08 | 104.76 | 108.95 | 99.08 | 101.61 |
| 2022-12 | 98.09 | 101.25 | 115.24 | 100.79 | 102.65 |
| 2022-11 | 101.03 | 105.22 | 105.47 | 101.54 | 102.86 |
| 2022-10 | 99.78 | 99.78 | 108.32 | 99.71 | 100.02 |
| 2022-09 | 99.73 | 105.29 | 109.83 | 101.22 | 102.87 |
| 2022-08 | 100.43 | 103.16 | 111.26 | 101.69 | 103.37 |
| 2022-07 | 99.81 | 98.18 | 107.49 | 99.5 | 100.8 |
| 2022-06 | 100.28 | 102.35 | 106.29 | 101.15 | 102.19 |
| 2022-05 | 98.58 | 99.55 | 102.27 | 101.56 | 101.36 |
| 2022-04 | 99.64 | 97.92 | 99.73 | 99.64 | 99.86 |
| 2022-03 | 101.12 | 99.57 | 96.07 | 101.63 | 101.07 |
| 2022-02 | 101.18 | 100.71 | 100.43 | 100.73 | 101.01 |
| 2022-01 | 101.98 | 99.43 | 101.37 | 102.75 | 102.25 |
| 2021-12 | 101.28 | 101.28 | 101.18 | 99.12 | 100.23 |
| 2021-11 | 102.42 | 98.42 | 93.89 | 99.54 | 99.5 |
| 2021-10 | 101.02 | 100.82 | 105.16 | 100.72 | 101.36 |
| 2021-09 | 99.34 | 100.69 | 90.1 | 99.58 | 98.74 |
| 2021-08 | 99.73 | 99.58 | 99.24 | 100.6 | 100.29 |
| 2021-07 | 100.49 | 98.4 | 105.26 | 100.04 | 100.53 |
| 2021-06 | 100.6 | 100.26 | 95.56 | 99.84 | 99.7 |
| 2021-05 | 99.06 | 98.94 | 97.73 | 99.59 | 99.14 |
| 2021-04 | 98.48 | 100.32 | 99.39 | 99.97 | 99.6 |
| 2021-03 | 100.04 | 100.63 | 101.14 | 99.91 | 100.08 |
| 2021-02 | 97.6 | 98.72 | 100.12 | 98.85 | 98.47 |
| 2021-01 | 99.94 | 101.95 | 111.24 | 102.23 | 102.36 |
- 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, manufacturing output fell back sharply in the manufacture of transport equipment
In December 2024*, output fell back sharply in the manufacture of transport equipment (‑5.4% after +4.0%): it fell back strongly in the manufacture of motor vehicles, trailers and semi-trailer (‑11.0% after +6.4%) and more modestly in the manufacture of “other transport equipment” (‑2.0% after +2.6%). It decreased in the “other manufacturing industries” (‑1.0% after ‑0.1%), notably weighed down by the downturn in the manufacture of basic pharmaceutical products and pharmaceutical preparations (-7.9% after +0.9%). On the contrary, it bounced back substantially in the manufacture of food products and beverages (+2.8% after ‑0.6 %) and slightly in the manufacture of machinery and equipment goods (+0.4 % after ‑1.1%). Output sped up in mining and quarrying, energy, water supply (+1.2% after +0.1%) and in the manufacture of coke and refined petroleum products (+0.8% after +0.3%).
tableauVariation in the Industrial Production
| NA : A10, (A17), [A38 or A64] | Weights* | Dec. 2024 | Dec. 2024 / Nov. 2024 | Nov. 2024 / Oct. 2024 | Quarter-on-quarter change (3) | Year-on-year change (4) |
|---|---|---|---|---|---|---|
| BE: INDUSTRY | 10,000 | 99.8 | -0.4 | 0.1 | -0.6 | -1.2 |
| CZ: Manufacturing | 8,253 | 101.1 | -0.7 | 0.2 | -0.5 | -1.9 |
| (C1): Man. of food products and beverages | 1,380 | 100.0 | 2.8 | -0.6 | 0.4 | 1.6 |
| (C2): Man. of coke and refined petroleum products | 154 | 142.9 | 0.8 | 0.3 | 7.4 | 4.4 |
| (C3): Machinery and equipment goods | 1,186 | 102.5 | 0.4 | -1.1 | -0.1 | -1.8 |
| [CI] Man. of computer, electronic and optical products | 480 | 114.2 | 5.4 | -3.7 | 0.1 | 0.1 |
| [CJ] Man. of electrical equipment | 255 | 101.5 | 1.1 | -2.4 | 0.4 | -0.7 |
| [CK] Man. of machinery and equipment n.e.c. (1) | 451 | 90.6 | -5.9 | 3.1 | -0.5 | -4.6 |
| (C4): Man. of transport equipment | 887 | 107.2 | -5.4 | 4.0 | -0.3 | -7.9 |
| [CL1] Man. of motor vehicles, trailers and semi-trailers | 367 | 92.0 | -11.0 | 6.4 | -3.6 | -16.5 |
| [CL2] Man. of other transport equipment | 520 | 117.9 | -2.0 | 2.6 | 1.6 | -2.1 |
| (C5): Other manufacturing | 4,646 | 98.6 | -1.0 | -0.1 | -1.3 | -1.8 |
| [CB] Man. of textiles, wearing apparel, leather and related products | 222 | 118.8 | 4.2 | -4.2 | 1.7 | -2.5 |
| [CC] Man. of wood and paper products; printing and reproduction of recorded media | 384 | 89.1 | 0.1 | -1.1 | -1.5 | -1.2 |
| [CE] Man. of chemicals and chemical products | 866 | 90.5 | -2.4 | -0.5 | -1.5 | -5.4 |
| [CF] Man. of basic pharmaceutical products and pharmaceutical preparations | 455 | 108.6 | -7.9 | 0.9 | -6.7 | 2.1 |
| [CG] Man. of rubber and plastics products, and other nonmetallic mineral products | 637 | 86.3 | 0.2 | -0.8 | -0.5 | -5.1 |
| [CH] Man. of basic metals and fabricated metal products, except machinery and equipment | 1,019 | 92.9 | -0.7 | 0.0 | -0.2 | -4.2 |
| [CM] Other manufacturing; repair and installation of machinery and equipment | 1,063 | 112.8 | 0.7 | 1.2 | -0.5 | 2.7 |
| DE: Mining and quarrying; energy; water supply; waste management | 1,747 | 93.5 | 1.2 | 0.1 | -1.1 | 2.5 |
| [BZ] Mining and quarrying | 62 | 83.6 | 1.8 | 3.8 | 0.1 | -4.0 |
| [DZ] Electricity, gas, steam and air-conditioning supply | 1,543 | 93.8 | 0.9 | 0.0 | -1.5 | 3.1 |
| [EZ] Water supply; sewerage, waste management and remediation | 142 | 94.0 | 4.3 | -0.7 | 3.9 | -0.7 |
| FZ: CONSTRUCTION | 4,494 | 96.7 | 1.3 | 0.3 | -1.0 | -4.5 |
| MIGs (2) | ||||||
| Capital goods | 2,830 | 106.5 | -1.7 | 1.7 | -0.1 | -1.8 |
| Intermediate goods | 2,880 | 91.5 | 0.0 | -0.8 | -0.4 | -3.8 |
| Consumer durables | 172 | 103.3 | 0.0 | 0.0 | -3.8 | -4.0 |
| Consumer non-durables | 2,273 | 103.1 | -0.2 | -0.5 | -1.5 | -0.2 |
| Energy | 1,845 | 97.9 | 1.1 | 0.0 | -0.1 | 2.9 |
- *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 declined by 1.9% in the fourth quarter
Output of the fourth quarter of 2024 was 1.9% lower than that of the fourth quarter of 2023 in the manufacturing industry, and 1.2% lower in the whole industry.
Over this one-year period, output went down in the “other manufacturing industries” (‑1.8%). It decreased sharply in the manufacture of transport equipment (‑7.9%): it decreased strongly in the manufacture of motor vehicles, trailers and semi-trailer (‑16.5%) and more modestly in the manufacture of “other transport equipment” (‑2.1%). Output decreased also in the manufacture of machinery and equipment goods (‑1.8%). On the contrary, it increased in mining and quarrying, energy, water supply (+2.5 %), the manufacture of food products and beverages (+1.6%), and the manufacture of coke and refined petroleum products (+4.4%).
Output in main energy-intensive industries remained low compared to their 2021 level
In the context of high electricity and gas prices invoiced in 2024 to firms given the contracts agreed in 2022 and 2023, energy-intensive industries have been particularly exposed to rising production costs, which may affect their output. In these sectors, output of the fourth quarter of 2024 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 (‑23.7%), the manufacture of glass and glass products (‑20.2%), the manufacture of basic chemicals (‑14.9%) and the manufacture of pulp, paper and paperboard (‑11.6%).
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) | |
|---|---|---|---|---|---|
| 2024-12 | 88.01 | 82.74 | 76.83 | 83.12 | 95.81 |
| 2024-11 | 87.99 | 83.6 | 79.36 | 74.97 | 97.67 |
| 2024-10 | 88.42 | 86.13 | 80.81 | 76.22 | 96.12 |
| 2024-09 | 86.99 | 83.12 | 76.06 | 78.84 | 98.57 |
| 2024-08 | 88.72 | 82.49 | 80.14 | 81.55 | 100.09 |
| 2024-07 | 88.83 | 89.18 | 79.43 | 68.83 | 96.53 |
| 2024-06 | 88.78 | 85.48 | 81.66 | 72.86 | 90.8 |
| 2024-05 | 89.91 | 82.47 | 83.75 | 77.27 | 94.34 |
| 2024-04 | 89.58 | 87.28 | 88.6 | 71.89 | 98.22 |
| 2024-03 | 88.57 | 91.55 | 87.8 | 76.3 | 97.79 |
| 2024-02 | 92.66 | 85.97 | 90.26 | 76.78 | 99.17 |
| 2024-01 | 84.9 | 85.45 | 84.92 | 77.29 | 95.33 |
| 2023-12 | 82.04 | 87.01 | 83.78 | 81.08 | 101.05 |
| 2023-11 | 84.07 | 90.25 | 85.75 | 86.48 | 94.0 |
| 2023-10 | 83.71 | 91.32 | 84.85 | 77.74 | 93.72 |
| 2023-09 | 86.03 | 89.24 | 88.53 | 80.74 | 90.39 |
| 2023-08 | 83.36 | 83.38 | 90.09 | 81.2 | 91.58 |
| 2023-07 | 81.58 | 84.29 | 91.61 | 62.08 | 90.82 |
| 2023-06 | 73.84 | 84.05 | 92.54 | 52.69 | 95.73 |
| 2023-05 | 78.8 | 87.78 | 96.63 | 57.08 | 93.32 |
| 2023-04 | 80.12 | 83.2 | 92.98 | 82.23 | 91.19 |
| 2023-03 | 76.18 | 80.36 | 94.42 | 82.49 | 90.54 |
| 2023-02 | 79.23 | 83.58 | 96.36 | 59.81 | 90.78 |
| 2023-01 | 79.88 | 78.82 | 97.94 | 81.73 | 86.97 |
| 2022-12 | 81.95 | 80.22 | 101.19 | 77.29 | 96.91 |
| 2022-11 | 85.33 | 78.14 | 100.76 | 81.92 | 88.26 |
| 2022-10 | 94.72 | 76.9 | 106.14 | 87.31 | 88.72 |
| 2022-09 | 95.96 | 84.34 | 107.12 | 77.8 | 91.49 |
| 2022-08 | 92.82 | 87.2 | 102.54 | 90.12 | 92.75 |
| 2022-07 | 93.47 | 93.5 | 101.08 | 89.4 | 96.39 |
| 2022-06 | 97.95 | 94.44 | 103.46 | 100.36 | 95.56 |
| 2022-05 | 99.85 | 93.06 | 101.48 | 93.29 | 98.04 |
| 2022-04 | 98.53 | 92.26 | 100.76 | 96.51 | 95.23 |
| 2022-03 | 102.49 | 97.69 | 103.92 | 93.77 | 98.07 |
| 2022-02 | 101.39 | 94.62 | 103.84 | 100.35 | 92.79 |
| 2022-01 | 102.84 | 101.73 | 104.76 | 99.76 | 97.12 |
| 2021-12 | 105.32 | 104.06 | 107.14 | 100.07 | 96.36 |
| 2021-11 | 101.03 | 103.17 | 105.06 | 97.64 | 104.98 |
| 2021-10 | 98.48 | 100.99 | 101.68 | 100.83 | 101.6 |
| 2021-09 | 98.97 | 99.02 | 101.22 | 101.63 | 92.55 |
| 2021-08 | 102.38 | 97.24 | 99.98 | 99.5 | 101.49 |
| 2021-07 | 100.42 | 98.49 | 100.55 | 105.69 | 101.4 |
| 2021-06 | 99.05 | 99.88 | 99.26 | 101.83 | 103.73 |
| 2021-05 | 99.09 | 96.56 | 99.47 | 99.76 | 99.06 |
| 2021-04 | 100.98 | 100.07 | 98.17 | 105.48 | 100.13 |
| 2021-03 | 99.5 | 102.99 | 94.8 | 98.52 | 100.33 |
| 2021-02 | 97.18 | 98.34 | 96.53 | 95.17 | 98.24 |
| 2021-01 | 97.61 | 99.18 | 96.13 | 93.89 | 100.13 |
graphiqueMonthly industrial production index in five energy-intensive industries
- Source: INSEE.
The monthly evolution of the November 2024 manufacturing index is not revised
The evolution of the manufacturing index between October and November 2024 is not revised. The evolution of the index for the whole industry is revised downwards at +0.1% instead of +0.2% (after rounding).
tableauRevision of variations
| Nov. 2024 / Oct. 2024 | Oct. 2024 / Sept. 2024 | Sept. 2024 / Aug. 2024 | Q3 2024 / Q2 2024 | 2023 / 2022 | |
|---|---|---|---|---|---|
| Industry (BE) | -0.07 | -0.11 | 0.09 | -0.15 | 0.04 |
| raw serie | -0.10 | -0.17 | 0.16 | -0.05 | 0.04 |
| SA-WDA parameters | 0.03 | 0.06 | -0.07 | -0.10 | 0.00 |
| Manufacturing (CZ) | -0.08 | -0.13 | 0.10 | -0.14 | 0.04 |
| raw serie | -0.11 | -0.20 | 0.18 | -0.05 | 0.05 |
| SA-WDA parameters | 0.03 | 0.07 | -0.08 | -0.09 | -0.01 |
- How to read it: in the manufacturing sector, the SA-WDA variation between October and November 2024 is revised by -0.08 points: -0.11 points are due to the revision of the raw series and +0.03 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, with some exceptions, 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 March 2025 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"