Informations rapides
30 June 2020
2020- n° 168
In April 2020, further fall of the turnover in the manufacturing industry (−22.9%) Turnover in industry and construction - April 2020

In April 2020, the turnover collapsed again in the manufacturing industry (−22.9% after −17.1%) as in industry as a whole (−21.1% after −14.0%).

Compared to February (last month before the start of containment), the turnover fell in the manufacturing industry (−36.1%) as in industry as a whole (−32.2%).

Export turnover decreased also (−31.3% after −15.5%).

Informations rapides
No 168
Paru le :Paru le30/06/2020
Prochaine parution le : 30/04/2024 at 12:00 - February 2024
Warning

With the containment of the population from 17 March to 10 may 2020, companies’ value added tax (VAT) declarations, used for the turnover indices, have been slightly adapted by the Directorate-General for Public Accounting ; therefore, the indices of services production published here could be revised a little bit more than usual.

The commentary shows variations of subsections by decreasing contribution to the overall variation. The contribution of a subsection depends on the extent of the change and on its weight.

All data are corrected for seasonal adjustments and working day adjustments (SA-WDA).

SA-WDA models have been reestimated on a sub-period to adjust indices on the recent past, in order to provide improved fit and better robustness (SA-WDA models were until now estimated on the whole period of indices).

In April 2020, the turnover collapsed again in the manufacturing industry (−22.9% after −17.1%) as in industry as a whole (−21.1% after −14.0%).

Compared to February (last month before the start of containment), the turnover fell in the manufacturing industry (−36.1%) as in industry as a whole (−32.2%).

Export turnover decreased also (−31.3% after −15.5%).

In April 2020, the turnover declined in all sectors

The turnover in “other manufacturing” declined (−18.2% after −15.7%) in all subsections, although it resisted somewhat better in the manufacture of chemicals and chemical products (−11.6%) and in the manufacture of basic pharmaceutical products and pharmaceutical preparations (−12.2%). In the manufacture of transport equipment, the turnover slumped (−53.7% after −33.7%), especially in automotive industry (−67.8% after −39.6%). It fell also in the manufacture of machinery and equipment goods (−22.1% after −16.8%) with a more markedly drop in the manufacture of electrical equipment (−26.4%). The turnover decreased less sharply in the manufacture of food products and beverages (−9.3% after −4.0%) but it slumped also in the manufacture of coke and refined petroleum products (−43.9% after −24.3%).

Compared to February, the turnover decreased considerably in the manufacture of “other manufacturing” (−61.3%) and even more in automotive industry (−80.6%). It fell also sharply in the manufacture of electrical equipment (−43.8%), in the manufacture of basic metals and fabricated metal products, except machinery and equipment (−42.2%), in the manufacture of rubber and plastics products, and other non-metallic mineral products (−44.9%) and in the manufacture of textiles, wearing apparel, leather and related products (−48.4%). The contraction was significant but lower in the manufacture of computer, electronic and optical products (−23.9%), in the manufacture of chemicals and chemical products (−17.7%), in the manufacture of food products and beverages(−12.9%) and in mining and quarrying; energy; water supply; waste management (−13.8%). The drop was limited in the manufacture of basic pharmaceutical products and pharmaceutical preparations (−1.6%).

Turnover in manufacturing industry

2015 based SA-WDA
Turnover in manufacturing industry (2015 based SA-WDA)
Manufacturing industry Man. of food products and beverages Man. of transport equipment Other manufacturing
2016-01 98.75 99.46 100.11 99.9
2016-02 98.34 100.15 97.82 99.77
2016-03 98.25 100.04 101.65 98.13
2016-04 98.62 98.01 102.61 99.1
2016-05 98.32 98.96 101.72 98.46
2016-06 99.61 99.89 109.81 97.46
2016-07 98.26 100.09 99.62 98.12
2016-08 100.77 101.33 106.85 99.67
2016-09 100.97 101.85 105.23 100.3
2016-10 99.2 101.28 100.68 98.09
2016-11 103.11 102.61 108.87 102.08
2016-12 105.67 101.56 126.9 101.54
2017-01 102.27 101.2 105.92 101.38
2017-02 104.59 103.32 106.08 103.67
2017-03 109.05 103.6 132.81 104.77
2017-04 103.27 103.8 104.14 103.1
2017-05 106.24 104.8 113.01 105.85
2017-06 105.87 105.06 110.94 105.7
2017-07 106.53 104.68 113.88 105.95
2017-08 105.29 105.87 105.75 105.56
2017-09 107.52 105.81 115.93 105.8
2017-10 108.28 105.45 118.28 106.2
2017-11 109.38 105.86 119.31 107.75
2017-12 110.34 104.6 120.78 109.01
2018-01 109.41 104.86 119.63 107.85
2018-02 107.05 105.72 108.5 106.41
2018-03 109.44 106.28 120.05 107.44
2018-04 109.05 104.85 117.39 107.77
2018-05 106.41 106.47 99.78 107.41
2018-06 110.72 106.17 116.41 109.82
2018-07 108.54 105.11 112.95 107.21
2018-08 110.89 106.7 116.53 108.99
2018-09 109.5 105.07 113.9 107.55
2018-10 113.56 107.85 126.05 110.87
2018-11 110.76 107.18 116.93 109.4
2018-12 112.35 107.76 119.93 111.8
2019-01 112.41 108.4 121.37 110.18
2019-02 113.91 107.73 127.98 110.2
2019-03 113.05 105.36 126.32 110.88
2019-04 114.01 111.36 125.79 110.42
2019-05 113.72 109.41 126.14 110.54
2019-06 110.42 108.75 118.57 109.2
2019-07 113.19 109.77 129.2 109.15
2019-08 113.37 109.36 129.25 109.8
2019-09 112.86 109.29 127.28 110.22
2019-10 112.39 109.05 126.89 110.14
2019-11 112.08 110.03 124.46 109.42
2019-12 111.9 109.96 124.42 109.04
2020-01 112.01 111.22 122.41 109.35
2020-02 111.85 110.46 127.03 108.47
2020-03 92.71 106.06 84.28 91.45
2020-04 71.49 96.19 39.01 74.85

Turnover in manufacturing industry

  • Sources: DGFiP, INSEE

Indices of turnover in industry and construction

SA-WDA, based year 2015
Indices of turnover in industry and construction (SA-WDA, based year 2015)
Change in %
Industries: Weight (1) Apr. 2020 Apr./ Mar. Feb./ Jan. Apr./ Feb.
BE: INDUSTRY 10000 76.9 -21.1 -14.0 -32.2
CZ: MANUFACTURING INDUSTRY 8371 71.5 -22.9 -17.1 -36.1
of which Exports 2977 64.6 -31.3 -15.5 -41.9
(C1): Man. of food products and beverages 1809 96.2 -9.3 -4.0 -12.9
of which Exports 330 92.4 -17.6 -0.1 -17.7
(C2): Man. of coke and refined petroleum products 423 45.4 -43.9 -24.3 -57.6
(C3): Machinery and equipment goods 944 70.0 -22.1 -16.8 -35.2
of which Exports 491 68.8 -22.2 -15.1 -33.9
[CI] Man. of computer, electronic and optical products 286 86.3 -22.1 -2.2 -23.9
[CJ] Man. of electrical equipment 225 59.6 -26.4 -23.6 -43.8
[CK] Man. of machinery and equipment n.e.c. 433 64.7 -19.8 -23.6 -38.7
(C4): Man. of transport equipment 1387 39.0 -53.7 -33.7 -69.3
of which Exports 738 26.4 -66.3 -36.7 -78.7
[CL1] Man. of motor vehicles, trailers and semi-trailers 648 21.9 -67.8 -39.6 -80.6
[CL2] Man. of other transport equipment 739 54.0 -45.1 -29.5 -61.3
(C5): Other manufacturing 3808 74.8 -18.2 -15.7 -31.0
of which Exports 1367 77.7 -22.9 -6.0 -27.5
[CB] Man. of textiles, wearing apparel, leather and related products 188 54.8 -24.9 -31.3 -48.4
[CC] Man. of wood and paper products; printing and reproduction of recorded media 402 72.9 -14.8 -15.3 -27.8
[CE] Man. of chemicals and chemical products 768 84.8 -11.6 -6.9 -17.7
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 296 119.1 -12.2 12.1 -1.6
[CG] Man. of rubber and plastics products, and other non-metallic mineral products 613 61.7 -25.1 -26.5 -44.9
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 867 61.1 -25.1 -22.9 -42.2
[CM] Other manufacturing; repair and installation of machinery and equipment 673 80.6 -16.7 -15.6 -29.7
DE: Mining and quarrying; energy, water supply, sewerage, waste management 1629 104.8 -14.2 0.4 -13.8
[BZ] Mining and quarrying 60 58.9 -20.6 -37.1 -50.1
[DZ] Electricity, gas, steam and air-conditioning supply 1204 110.4 -13.8 3.0 -11.3
[EZ] Water supply; sewerage, waste management and remediation 365 93.7 -14.7 -2.4 -16.7
FZ: CONSTRUCTION 10000 98.0 -13.1 -4.9 -17.3
  • (1) 10000=B...E and F
  • (2) Quarter-on-quarter: last three months / previous three months
  • Sources: DGFiP, INSEE

Sharp decline over the last three months (−17.8%)

Over the last three months, the turnover declined sharply in the manufacturing industry (−17.8%) as in industry as a whole (−16.0%), compared to the previous three months. Within manufacturing, the turnover decreased sharply in “other manufacturing” (−16.2%), in the manufacture of transport equipment (−32.6%), in the manufacture of machinery and equipment goods (−18.9%) and also in the manufacture of coke and refined petroleum products (−28.5%). It declined slightly in the manufacture of food products and beverages (−5.6%).

Variation of the turnover in industry and construction

SA-WDA value, Base year 2015
Variation of the turnover in industry and construction (SA-WDA value, Base year 2015)
Change in %
NA : A 10, (A 17) Weight (1) Apr./ Mar. Mar./ Feb. q-o-q (2) y-o-y (3)
BE: INDUSTRY 10000 -21.1 -14.0 -16.0 -17.0
CZ: MANUFACTURING INDUSTRY 8371 -22.9 -17.1 -17.8 -19.0
Of which Exports 2977 -31.3 -15.5 -18.0 -19.2
(C1): Manufacture of food products and beverages 1809 -9.3 -4.0 -5.6 -3.6
(C2): Manufacture of coke and refined petroleum products 423 -43.9 -24.3 -28.5 -37.5
(C3): Machinery and equipment goods 944 -22.1 -16.8 -18.9 -20.9
(C4): Manufacture of transport equipment 1387 -53.7 -33.7 -32.6 -34.1
(C5): Other manufacturing 3808 -18.2 -15.7 -16.2 -17.1
DE: Mining and quarrying; energy; water supply; waste management 1629 -14.2 0.4 -7.9 -7.5
FZ: CONSTRUCTION 10000 -13.1 -4.9 -10.8 -9.6
  • (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

Sharp decline compared to the previous year (−19.0%)

The turnover over the last three months decreased compared to the same three months of the previous year in the manufacturing industry (−19.0%) as well as in industry as a whole (-17.0%). Over the same period, the turnover fell mainly in “other manufacturing” (−17.1%), in the manufacture of transport equipment (−34.1%), in the manufacture of machinery and equipment goods (−20.9%), in the manufacture of coke and refined petroleum products (−37.5%). The decline was more limited in mining and quarrying; energy; water supply; waste management (−7.5%) and in the manufacture of food products and beverages (−3.6%).

Revision of variations

(in point %)
Revision of variations ((in point %))
Mar./ Feb. Feb./ Jan. Jan./ Dec. Q1 2020/ Q4 2019 2019/ 2018
Industry (BE) -1.05 0.01 -0.02 -0.35 -0.02
raw serie 0.24 0.04 0.01 0.10 -0.01
SA-WDA parameters -1.29 -0.03 -0.03 -0.45 -0.01
Manufacturing industry (CZ) -2.53 0.03 -0.01 -0.81 -0.03
raw serie -1.02 0.05 0.01 -0.28 -0.01
SA-WDA parameters -1.51 -0.02 -0.02 -0.53 -0.02
  • How to read it: in the manufacturing, the SA-WDA variation between February 2020 and March 2020 is revised by -2.53 points: -1.02 points are due to the raw series' revision and -1.51 points to the new calculation of the SA-WDA.
  • Sources: DGFiP, INSEE

Revisions

The variation of the turnover index in March 2020 has been reestimated at −17.1% instead of −14.6% in the manufacturing industry and at −14.0% instead of −13.0% in industry as a whole.

For further information

Next issue: 24 July 2020 at 12h00

Pour en savoir plus

Next issue: 24 July 2020 at 12h00

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