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Informations Rapides · 10 January 2025 · n° 5
Informations rapidesIn November 2024, manufacturing output increased slightly (+0,2 %)  Industrial production index - November 2024

In November 2024, output increased slightly over a month in the manufacturing industry (+0.2%, after ‑0,1 % in October 2024) and in the whole industry (+0,2 % after ‑0,3 %).

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No 5
Paru le :Paru le10/01/2025
Prochaine parution le : 05/02/2025 at 08:45 - December 2024
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In November 2024, output increased slightly over a month in the manufacturing industry (+0.2%, after ‑0,1 % in October 2024) and in the whole industry (+0,2 % after ‑0,3 %).

Monthly Industrial Production Indices

Monthly Industrial Production Indices
(C1) (C3) (C4) (C5) CZ
2024-11 96.97 102.25 113.5 99.58 101.8
2024-10 97.69 102.96 109.34 99.54 101.55
2024-09 98.12 101.41 112.28 99.7 101.68
2024-08 97.51 101.8 110.94 101.57 102.44
2024-07 97.96 103.99 107.55 99.47 101.35
2024-06 97.73 99.71 112.98 99.34 101.47
2024-05 98.08 100.27 109.48 98.64 100.53
2024-04 98.64 105.83 110.73 102.07 103.38
2024-03 99.39 102.79 112.77 101.24 102.83
2024-02 99.84 103.9 110.95 101.53 103.16
2024-01 98.21 101.67 113.79 100.19 101.91
2023-12 97.37 101.54 119.82 101.68 103.49
2023-11 96.15 106.99 118.56 100.62 103.36
2023-10 97.05 104.3 119.69 100.51 103.26
2023-09 96.6 104.99 115.52 100.0 102.67
2023-08 97.82 104.95 119.22 99.12 102.71
2023-07 98.44 106.13 116.18 99.93 103.05
2023-06 98.9 107.07 117.61 99.02 103.02
2023-05 98.56 108.36 121.18 100.23 104.19
2023-04 98.21 105.33 117.14 98.6 101.52
2023-03 98.79 104.7 115.89 99.27 101.41
2023-02 98.43 105.92 117.56 99.34 102.93
2023-01 98.24 104.79 108.78 99.07 101.64
2022-12 98.21 101.32 115.05 100.06 102.26
2022-11 100.96 104.97 105.55 101.65 102.87
2022-10 99.72 99.74 108.58 99.76 100.06
2022-09 99.76 105.23 109.94 101.33 102.94
2022-08 100.43 103.12 111.48 101.77 103.43
2022-07 99.75 98.25 107.41 99.58 100.83
2022-06 100.15 102.31 106.33 101.24 102.22
2022-05 98.53 99.64 102.24 101.58 101.37
2022-04 99.61 97.82 99.82 99.66 99.87
2022-03 101.13 99.65 95.96 101.56 101.03
2022-02 101.18 100.72 100.4 100.79 101.04
2022-01 102.09 99.47 101.29 102.83 102.32
2021-12 101.36 101.42 101.12 98.63 99.99
2021-11 102.4 98.24 93.82 99.61 99.5
2021-10 100.97 100.78 105.32 100.72 101.35
2021-09 99.34 100.67 90.15 99.65 98.79
2021-08 99.79 99.55 99.31 100.69 100.35
2021-07 100.5 98.42 105.15 100.12 100.57
2021-06 100.52 100.25 95.56 99.92 99.73
2021-05 99.06 99.01 97.74 99.59 99.15
2021-04 98.47 100.25 99.43 100.0 99.6
2021-03 100.04 100.67 101.02 99.88 100.06
2021-02 97.6 98.75 100.12 98.91 98.51
2021-01 99.95 101.99 111.27 102.28 102.41
  • Legend: CZ: Manufacturing - (C1): Manufacture of food products and beverages - (C3): Machinery and equipment goods - (C4): Manufacture of transport equipment - (C5): Other manufacturing.

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.
  • Source: INSEE, SSP, SDES.

Over a month, manufacturing output bounced back particularly in the manufacture of transport equipment

In November 2024*, output bounced back sharply in the manufacture of transport equipment (+3.8% after ‑2.6%): it recovered in the manufacture of motor vehicles, trailers and semi-trailer (+5.8% after ‑3.4%) and in the manufacture of “other transport equipment” (+2.6% after ‑2.1%). It was virtually stable in mining and quarrying, energy, water supply (+0.1% after ‑1.0%) and in the manufacture of coke and refined petroleum products (+0.1% after +4.7%). It was stable in the “other manufacturing industries” (after ‑0.2% in October). On the contrary, output decreased again in the manufacture of food products and beverages (‑0.7 % after ‑0.4 %) and fell back in the manufacture of machinery and equipment goods (‑0.7 % after +1.5%).

Variation in the Industrial Production

2021 based, SA-WDA changes in %
Variation in the Industrial Production (2021 based, SA-WDA changes in %)
NA : A10, (A17), [A38 or A64] Weights* Nov. 2024 Nov. 2024 / Oct. 2024 Oct. 2024 / Sept. 2024 Quarter-on-quarter change (3) Year-on-year change (4)
BE: INDUSTRY 10,000 100.2 0.2 -0.3 -0.2 -0.9
CZ: Manufacturing 8,253 101.8 0.2 -0.1 -0.1 -1.4
(C1): Man. of food products and beverages 1,380 97.0 -0.7 -0.4 -0.1 1.0
(C2): Man. of coke and refined petroleum products 154 140.8 0.1 4.7 2.1 -0.9
(C3): Machinery and equipment goods 1,186 102.3 -0.7 1.5 0.4 -3.1
[CI] Man. of computer, electronic and optical products 480 109.4 -2.5 1.8 -0.1 -2.3
[CJ] Man. of electrical equipment 255 99.5 -2.3 1.0 0.3 -1.0
[CK] Man. of machinery and equipment n.e.c. (1) 451 96.1 2.6 1.5 1.0 -5.1
(C4): Man. of transport equipment 887 113.5 3.8 -2.6 1.1 -5.3
[CL1] Man. of motor vehicles, trailers and semi-trailers 367 104.0 5.8 -3.4 -0.6 -13.4
[CL2] Man. of other transport equipment 520 120.2 2.6 -2.1 2.1 0.4
(C5): Other manufacturing 4,646 99.6 0.0 -0.2 -0.5 -0.8
[CB] Man. of textiles, wearing apparel, leather and related products 222 113.3 -4.6 3.3 -0.8 -3.6
[CC] Man. of wood and paper products; printing and reproduction of recorded media 384 89.4 -0.8 0.7 -2.2 -1.2
[CE] Man. of chemicals and chemical products 866 92.1 -0.1 0.4 -1.0 -5.7
[CF] Man. of basic pharmaceutical products and pharmaceutical preparations 455 117.2 0.6 -1.0 -1.4 8.3
[CG] Man. of rubber and plastics products, and other nonmetallic mineral products 637 87.0 0.3 0.4 -1.1 -4.4
[CH] Man. of basic metals and fabricated metal products, except machinery and equipment 1,019 93.8 0.0 -0.6 0.5 -3.1
[CM] Other manufacturing; repair and installation of machinery and equipment 1,063 112.1 1.1 -1.1 0.2 3.6
DE: Mining and quarrying; energy; water supply; waste management 1,747 92.5 0.1 -1.0 -0.6 1.7
[BZ] Mining and quarrying 62 81.7 3.9 -2.6 -1.4 -6.2
[DZ] Electricity, gas, steam and air-conditioning supply 1,543 93.2 0.1 -1.4 -0.8 2.5
[EZ] Water supply; sewerage, waste management and remediation 142 89.6 -1.3 4.2 1.6 -3.4
FZ: CONSTRUCTION 4,494 97.2 0.3 0.2 -0.8 -3.3
MIGs (2)
Capital goods 2,830 108.4 1.5 -0.6 0.6 -0.9
Intermediate goods 2,880 91.8 -0.2 0.5 -0.4 -3.8
Consumer durables 172 103.3 -0.1 -4.5 -0.3 -2.8
Consumer non-durables 2,273 103.0 -0.7 -0.4 -0.9 0.8
Energy 1,845 96.8 0.0 -0.3 -0.3 1.6
  • *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 1.4%

Cumulative output over the last three months (September to November 2024) was lower than that of the same three months of the previous year in the manufacturing industry (‑1.4%), as well as in the whole industry (‑0.9%).

Over this one-year period, output went down sharply in the manufacture of transport equipment (‑5.3%): it decreased strongly in the manufacture of motor vehicles, trailers and semi-trailer (‑13.4%) but increased slightly in the manufacture of “other transport equipment” (+0.4%). Output decreased also in the manufacture of machinery and equipment goods (‑3.1%), the “other manufacturing industries” (‑0.8%) and the manufacture of coke and refined petroleum products (‑0.9%). On the contrary, it increased in mining and quarrying, energy, water supply (+1.7 %), and the manufacture of food products and beverages (+1.0%).

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 last three months (September to November 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 (‑26.0%), the manufacture of glass and glass products (‑20.2%), the manufacture of basic chemicals (‑16.6%) and the manufacture of pulp, paper and paperboard (‑11.9%).

Monthly industrial production index in five energy-intensive industries

Monthly 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)
2024-11 88.0 82.34 79.71 73.29 97.79
2024-10 88.4 84.39 80.9 74.78 96.42
2024-09 87.01 80.84 76.25 78.99 98.7
2024-08 88.7 80.55 80.52 81.42 100.02
2024-07 88.96 86.68 79.45 68.45 96.3
2024-06 88.8 82.02 81.62 72.74 90.59
2024-05 89.96 78.23 83.66 77.38 94.16
2024-04 89.49 83.78 88.48 72.15 98.44
2024-03 88.62 90.58 87.44 76.46 97.5
2024-02 92.69 84.11 90.1 77.14 99.21
2024-01 84.92 83.46 84.64 77.45 95.0
2023-12 81.86 85.58 82.8 82.82 102.11
2023-11 84.09 90.78 86.62 85.36 94.35
2023-10 83.7 91.48 85.2 76.82 93.65
2023-09 86.03 89.22 88.76 80.58 89.94
2023-08 83.32 83.46 90.49 81.18 91.45
2023-07 81.72 84.14 91.64 62.21 90.76
2023-06 73.85 84.52 92.47 52.54 95.56
2023-05 78.86 87.57 96.57 56.73 92.92
2023-04 79.99 83.8 92.88 82.27 91.28
2023-03 76.23 80.77 94.03 82.49 90.22
2023-02 79.26 83.57 96.26 60.0 90.84
2023-01 79.92 78.35 97.7 82.24 86.88
2022-12 81.79 79.03 100.35 78.56 97.78
2022-11 85.34 78.55 101.54 81.01 88.6
2022-10 94.72 77.06 106.45 86.66 88.63
2022-09 95.98 84.36 107.28 77.79 91.09
2022-08 92.78 87.26 102.83 90.03 92.56
2022-07 93.59 93.39 101.12 88.99 96.14
2022-06 97.95 94.73 103.44 100.11 95.35
2022-05 99.91 92.93 101.43 93.64 98.05
2022-04 98.43 92.68 100.68 96.36 95.21
2022-03 102.54 98.01 103.45 94.0 97.89
2022-02 101.41 94.63 103.78 100.49 92.92
2022-01 102.86 101.46 104.64 100.12 97.04
2021-12 105.15 103.1 106.68 100.43 96.78
2021-11 101.04 103.45 105.54 97.05 105.37
2021-10 98.47 101.13 101.85 100.11 101.41
2021-09 98.98 99.06 101.33 101.61 92.17
2021-08 102.37 97.32 100.13 99.8 101.45
2021-07 100.56 98.48 100.57 105.86 101.36
2021-06 99.05 100.06 99.26 101.79 103.69
2021-05 99.13 96.43 99.46 99.81 99.0
2021-04 100.92 100.32 98.06 105.44 100.09
2021-03 99.53 103.22 94.48 98.75 100.27
2021-02 97.19 98.37 96.52 95.27 98.37
2021-01 97.62 99.06 96.13 94.06 100.05

Monthly industrial production index in five energy-intensive industries

  • Source: INSEE.

The monthly evolution of the October 2024 manufacturing index is revised downwards

The evolution of the manufacturing index between September and October 2024 is revised downwards at ‑0.1% instead of 0.0% (after rounding). The evolution of the index for the whole industry is also revised downwards at ‑0.3% instead of ‑0.1% (after rounding).

Revision of variations

(in percentage point)
Revision of variations ((in percentage point))
Oct. 2024 / Sept. 2024 Sept. 2024 / Aug. 2024 Aug. 2024 / July 2024 Q3 2024 / Q2 2024 2023 / 2022
Industry (BE) -0.15 -0.02 0.09 -0.02 0.00
raw serie -0.04 -0.19 0.01 -0.09 -0.01
SA-WDA parameters -0.11 0.17 0.08 0.07 0.01
Manufacturing (CZ) -0.16 -0.08 -0.03 -0.05 -0.01
raw serie -0.06 -0.26 -0.04 -0.08 0.00
SA-WDA parameters -0.10 0.18 0.01 0.03 -0.01
  • How to read it: in the manufacturing sector, the SA-WDA variation between September and October 2024 is revised by -0.16 points: -0.06 points are due to the revision of the raw series and -0.10 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 February 2025 at 08:45 am.

Documentation

IPI new base year 2021 (pdf,446 Ko)

Industrial production index

Insee Méthodes n°133 - July 2019 : Industrial Production Index with Base Year 2015 (pdf,1 Mo)

Aggregated classification - NA, 2008

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Publication calendar

Time series: Industrial production index – Base 2021

Insee Méthodes n° 133 – july 2019 "Industrial Production Index with Base Year 2015"