10 April 2018
2018- n° 93In February 2018, manufacturing output decreased again (−0.6%) Industrial production index - February 2018
In February 2018, output decreased again in the manufacturing industry (−0.6% after −1.0% in January). On the contrary, it bounced back in the whole industry (+1.2% after −1.8%).
- Manufacturing output went down over the last three months (−0.7%)
- Over a year, manufacturing output grew strongly (+3.3%)
- In February, output soared in mining and quarrying; energy; water supply (+11.5% after −6.3%)
- Output recovered in “other manufacturing” (+0.3% after −2.5%)
- Output grew again in the manufacture of food products and beverages (+0.7% after +2.0%)
- Output went up in the manufacture of coke and refined petroleum products (+1.9% after −0.8%)
- Output continued to decline in the manufacture of transport equipment (−3.2% after −0.8%)
- Output slipped back in machinery and equipment goods (−2.8% after +1.7%)
Please note: all the series are seasonally (SA) and working-day adjusted (WDA).
The commentary shows variations of subsections by decreasing contribution. The contribution of a subsection depends on the extent of the change and on its weight.
In February 2018, output decreased again in the manufacturing industry (−0.6% after −1.0% in January). On the contrary, it bounced back in the whole industry (+1.2% after −1.8%).
Manufacturing output went down over the last three months (−0.7%)
Output decreased over the last three months in the manufacturing industry (−0.7%) as well as in the overall industry (−0.4%).
Output went down in “other manufacturing” (−1.2%), in the manufacture of transport equipment (−0.8%) and in the manufacture of food products and beverages (−0.7%). Conversely, it increased in mining and quarrying, energy, water supply (+1.8%), in the manufacture of machinery and equipment goods (+1.0%) and in the manufacture of coke and refined petroleum products (+1.3%).
Over a year, manufacturing output grew strongly (+3.3%)
Manufacturing output of the last three months grew strongly compared to the same months of the previous year (+3.3%), as well as in the whole industry (+3.0%).
Over a year, output grew strongly in “other manufacturing” (+2.7%), in the manufacture of transport equipment (+7.7%) and in the manufacture of machinery and equipment goods (+5.1%). Output also increased in mining and quarrying, energy, water supply (+1.4%) and in the manufacture of coke and refined petroleum products (+2.0%). It was virtually stable in the manufacture of food products and beverages (−0.1%).
graphiqueGraphique1a – Monthly 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
- Sources: INSEE, SSP, SDES
tableauTableau1a – Variation in the Industrial Production
| NA : A10, (A17) | Feb. / Jan. | Jan. / Dec. | Q-o-Q change (1) | Year-on-year change (2) |
|---|---|---|---|---|
| BE: INDUSTRY | 1.2 | –1.8 | –0.4 | 3.0 |
| CZ: Manufacturing | –0.6 | –1.0 | –0.7 | 3.3 |
| (C1): Manufacture of food products and beverages | 0.7 | 2.0 | –0.7 | –0.1 |
| (C2): Manufacture of coke and refined petroleum products | 1.9 | –0.8 | 1.3 | 2.0 |
| (C3): Machinery and equipment goods | –2.8 | 1.7 | 1.0 | 5.1 |
| (C4): Manufacture of transport equipment | –3.2 | –0.8 | –0.8 | 7.7 |
| (C5): Other manufacturing | 0.3 | –2.5 | –1.2 | 2.7 |
| DE: Mining and quarrying; energy; water supply; waste management | 11.5 | –6.3 | 1.8 | 1.4 |
| FZ: CONSTRUCTION | 2.8 | –7.5 | 0.4 | 1.3 |
- (1) Last three months / previous three months
- (2) Last three months / same three months of previous year
- The codes correspond to the level of aggregation A 10 (A 17) of the "NA" aggregated classification based on the French classification of activities NAF rev.2.
- Sources: INSEE, SSP, SDES
tableauTableau2a – Variation in the Industrial Production
| NA : A10, (A17), [A38 or A64] | Feb. 2018 | Feb. / Jan. | Jan. / Dec. | Quarter-on-quarter change |
|---|---|---|---|---|
| BE: INDUSTRY | 104.1 | 1.2 | –1.8 | –0.4 |
| CZ: Manufacturing | 103.4 | –0.6 | –1.0 | –0.7 |
| (C1): Man. of food products and beverages | 99.2 | 0.7 | 2.0 | –0.7 |
| (C2): Man. of coke and refined petroleum products | 101.3 | 1.9 | –0.8 | 1.3 |
| (C3): Machinery and equipment goods | 104.4 | –2.8 | 1.7 | 1.0 |
| [CI] Man. of computer, electronic and optical products | 109.2 | –3.6 | 0.9 | 2.1 |
| [CJ] Man. of electrical equipment | 100.2 | –0.7 | 0.0 | 2.6 |
| [CK] Man. of machinery and equipment n.e.c. (1) | 102.2 | –3.2 | 3.4 | –1.1 |
| (C4): Man. of transport equipment | 110.1 | –3.2 | –0.8 | –0.8 |
| [CL1] Man. of motor vehicles, trailers and semi-trailers | 114.9 | –1.3 | –2.8 | –0.4 |
| [CL2] Man. of other transport equipment | 106.3 | –4.7 | 1.0 | –1.1 |
| (C5): Other manufacturing | 102.7 | 0.3 | –2.5 | –1.2 |
| [CB] Man. of textiles, wearing apparel, leather and related products | 93.4 | –1.5 | –3.2 | –1.9 |
| [CC] Man. of wood and paper products; printing and reproduction of recorded media | 101.9 | 0.2 | –2.5 | 1.2 |
| [CE] Man. of chemicals and chemical products | 105.8 | 0.3 | –2.6 | –3.7 |
| [CF] Man. of basic pharmaceutical products and pharmaceutical preparations | 103.8 | 1.4 | –4.4 | –5.4 |
| [CG] Man. of rubber and plastics products, and other non-metallic mineral products | 104.8 | –1.3 | –2.4 | –1.8 |
| [CH] Man. of basic metals and fabricated metal products, except machinery and equipment | 105.7 | 0.7 | –1.9 | 2.6 |
| [CM] Other manufacturing; repair and installation of machinery and equipment | 97.8 | 0.8 | –2.0 | –1.2 |
| DE: Mining and quarrying; energy; water supply; waste management | 107.4 | 11.5 | –6.3 | 1.8 |
| [BZ] Mining and quarrying | 100.8 | 0.4 | –7.0 | 0.1 |
| [DZ] Electricity, gas, steam and air-conditioning supply | 108.8 | 13.2 | –6.9 | 2.0 |
| [EZ] Water supply; sewerage, waste management and remediation | 96.6 | –0.2 | 0.7 | –0.1 |
| FZ: CONSTRUCTION | 102.1 | 2.8 | –7.5 | 0.4 |
| MIGs (2) | ||||
| Capital goods | 105.3 | –1.8 | 0.0 | –0.5 |
| Intermediate goods | 103.1 | –0.4 | –1.8 | –0.7 |
| Consumer durables | 100.2 | –4.3 | –4.5 | 1.6 |
| Consumer non-durables | 101.5 | 1.2 | –1.2 | –1.5 |
| Energy | 107.2 | 11.3 | –5.8 | 1.8 |
- (1) n.e.c. : not elsewhere classifiable
- (2) Main industrial groupings: definition in Commission regulation EC of 14 June 2007
- Sources: INSEE, SSP, SDES
In February, output soared in mining and quarrying; energy; water supply (+11.5% after −6.3%)
Output soared in electricity, gas (+13.2% after −6.9%) because of exceptionally cold temperatures in February.
Output recovered in “other manufacturing” (+0.3% after −2.5%)
Output rose in “other manufacturing” (+0.8%), in the manufacture of basic metals and fabricated metal products (+0.7%), in pharmaceuticals (+1.4%), in chemicals (+0.3%) and in the manufacture of wood, paper and printing industries (+0.2%). On the contrary, it decreased in the manufacture of rubber and plastics products and other non-metallic mineral products (−1.3%) and in textiles, wearing apparel, leather and related products (−1.5%).
Output grew again in the manufacture of food products and beverages (+0.7% after +2.0%)
Output continued to grow in the manufacture of food products and beverages (+0.7% after +2.0%) due to a new rise in the manufacture of other food products.
Output went up in the manufacture of coke and refined petroleum products (+1.9% after −0.8%)
After a fall in January (−0.8%), output bounced back in the manufacture of coke and refined petroleum products (+1.9%).
Output continued to decline in the manufacture of transport equipment (−3.2% after −0.8%)
Output fell back in the manufacture of other transport equipment (−4.7% after +1.0%) and decreased again in the manufacture of motor vehicles, trailers and semi-trailers (−1.3% after −2.8%).
Output slipped back in machinery and equipment goods (−2.8% after +1.7%)
Output slipped back in the manufacture of computer, electronic and optical products (−3.6% after +0.9%) and in the manufacture of machinery and equipment n.e.c. (−3.2% after +3.4%). It decreased in the manufacture of electrical equipment (−0.7%).
tableauTableau3a – Revision of variations
| Jan. / Dec. | Dec. / Nov. | Nov. / Oct. | Q4 2017 / Q3 2017 | 2017 / 2016 | |
|---|---|---|---|---|---|
| Industry (BE) | 0.20 | –0.10 | 0.02 | –0.05 | –0.02 |
| raw serie | 0.37 | –0.14 | –0.02 | –0.09 | –0.03 |
| SA-WDA parameters | –0.17 | 0.04 | 0.04 | 0.04 | 0.01 |
| Manufacturing (CZ) | 0.14 | –0.04 | 0.01 | –0.07 | –0.03 |
| raw serie | 0.43 | –0.15 | –0.03 | –0.10 | –0.03 |
| SA-WDA parameters | –0.29 | 0.11 | 0.04 | 0.03 | 0.00 |
- How to read it: in the manufacturing sector, the SA-WDA variation between December 2017 and January 2018 is revised by +0.14 points, +0.43 points are due to the revision of the raw series and −0.29 points to the updating of the SA-WDA parameters.
- Sources: INSEE, SSP, SDES
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