According to the report from Insee, in June 2021, output recovered in the manufacturing industry (+0.9%, after –0.6%), as well as in the whole industry (+0.5%, after –0.4%). Economists had expected a 0.6% increase in the whole industry. Compared to February 2020 (the last month before the first general lockdown), output remained in sharp decline in the manufacturing industry (–6.2%), as well as in the whole industry (–5.3%).
In June, output rose in “other manufacturing” (+0.8% after stability). It recovered in the manufacture of transport equipment (+2.3% after –5.5%) and in the manufacture of machinery and equipment goods (+0.8% after −1.7%). It expanded again in the manufacture of coke and refined petroleum (+8.3% after +5.2%).
In June 2021, output remained in sharp decline compared to its February 2020 level in most industrial activities. It plummeted in the manufacture of transport equipment (−28.0%), both in the manufacture of other transport equipment (−27.8%) and in the manufacture of motor vehicles, trailers and semi-trailers (−28.3%).
Due to a significant “base effect” owing to the first general lockdown from March to May 2020, cumulative output over the second quarter of 2021 bounced back compared to the same quarter of 2020 in the manufacturing industry (+24.0%), as well as in the whole industry (+22.0%).
Over this one-year period, output increased strongly in the manufacture of transport equipment (+40.2%), in the manufacture of machinery and equipment goods (+28.0%), in “other manufacturing” (+26.0%), in mining and quarrying, energy, water supply (+12.4%), in the manufacture of food products and beverages (+8.5%) and in the manufacture of coke and refined petroleum products (+10.3%).