31 May 2018
2018- n° 146In March 2018, services output decreased slightly (−0.2%) Index of services production - March 2018
In March 2018, output decreased slightly in services (−0.2%) after a sharp decline in February (−1.4%).
- Services output rose markedly over the last three months
- Output grew sharply over a year
- Slight decrease in business support
- Further decline in information and communication
- Slight decrease in accomodation and food service activities
- Stability in transportation and storage
- Upturn in household services
- Revisions
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.
In March 2018, output decreased slightly in services (−0.2%) after a sharp decline in February (−1.4%).
Services output rose markedly over the last three months
Over the first quarter of 2018, services production increased by 0.6% compared to the last quarter of 2017.
It grew by 0.3% in business support activities, in particular in administrative and business service activities (+0.6%). It rose sharply in information and communication (+0.7%), transportation and storage (+0.7%), real estate activities (+1.1%) and accommodation and food services activities (+1.1%). It also increased in household services (+0.4%).
Output grew sharply over a year
In services, output of the last three months rose sharply over a year (+3.9%), with an increase in all sectors.
It went up strongly in business support (+4.3%), be it in administrative and business service activities (+5.5%) or in specialised, scientific and technical activities (+3.4%). It grew sharply in information and communication (+5.5%), accommodation and food service activities (+4.5%), transportation and storage (+2.6%) and household services (+4.0%). It increased more moderately in real estate activities (+1.2%).
graphiqueGraph1 – Index of services production
- Sources: DGFiP, INSEE
tableauTable1 – Variation in the services production
| Change in % | |||||
|---|---|---|---|---|---|
| Nace classification | Weight (1) | Mar./ Feb. | Feb./ Jan. | q-o-q (2) | y-o-y (3) |
| Index of services production | 10000 | –0.2 | –1.4 | 0.6 | 3.9 |
| H Transportation and storage | 1504 | 0.0 | –2.6 | 0.7 | 2.6 |
| I Accommodation and food service activities | 870 | –0.2 | –0.7 | 1.1 | 4.5 |
| J Information and communication | 1635 | –0.2 | –0.3 | 0.7 | 5.5 |
| L Real estate activities | 964 | –1.6 | –1.4 | 1.1 | 1.2 |
| M+N Business support | 4289 | –0.1 | –0.9 | 0.3 | 4.3 |
| M Specialised, scientific and technical activities | 2540 | –0.7 | 0.2 | 0.2 | 3.4 |
| N Administrative and business service activities | 1748 | 0.8 | –2.4 | 0.6 | 5.5 |
| R+S Household services | 738 | 0.3 | –5.0 | 0.4 | 4.0 |
- (1) Weight (10 000 = H…S excepting K, O, P, Q)
- (2) Quarter-on-quarter: last three months / previous three months
- (3) Year-on-year: last three months / same three months of previous year
- Slight decrease in business support
- Sources: DGFiP, INSEE
Slight decrease in business support
In March 2018, output in business support activities is virtually stable (−0.1%) after a significant decrease in February (−0.9%).
It fell back in specialised, scientific and technical activities (−0.7% after +0.2% in February), particularly in activities of head offices and management consultancy (−1.2%), other professional, scientific and technical activities (−5.5%), architecture and engineering activities (−0.9%) and advertising and market research (−0.7%).
By contrast, output bounced back in administrative and business support activities (+0.8% after −2.4%), notably in employment activities (+1.5%), rental and leasing activities (+1.2%) and other administrative and business support activities (+1.3%).
Further decline in information and communication
Output in information and communication continued to go down in March (−0.2% after −0.3%), due to another fall in edition (−3.9%) regardless of a rise in telecommunications (+1.8%).
Slight decrease in accomodation and food service activities
In March, output decreased again in accommodation and food services (−0.2% after −0.7% in February). It dwindled in accommodation (−2.2% after +2.5%) whereas it bounced back in food and beverage service activities (+0.4% after −1.6%).
Stability in transportation and storage
In March, output in transportation and storage held steady after a sharp decrease in February (−2.6%). It dropped again in land transport (−0.6% after −3.5%). By contrast, it recovered in air transport (+2.6% after −3.3%) and in warehousing and support for transportation (+0.5% after −2.2%).
Upturn in household services
Output in household services increased slightly in March (+0.3%) after a huge decrease in February (−5.0%). It picked up in other personal services (+1.0% after −3.4%) and stabilized in arts, entertainment and recreation after a strong decline in February (−5.9%).
Revisions
The month-on-month variation rate of the index of services production in February 2018 has been revised upwards by 0.2 points, mainly due to raw series updating. Initially published at −1.6%, it has been stated at −1.4%.
tableauTable2 – Variation in the services production
| Change in % | |||||
|---|---|---|---|---|---|
| Weight (1) | Mar. 18 | Mar./ Feb. | Feb./ Jan. | q-o-q (2) | |
| Index of services production | 10000 | 109.1 | –0.2 | –1.4 | 0.6 |
| H transportation and storage | 1504 | 105.4 | 0.0 | –2.6 | 0.7 |
| 49 Land transport… | 715 | 107.8 | –0.6 | –3.5 | 1.5 |
| 50 Water transport | 36 | 114.1 | 1.5 | –6.8 | –1.1 |
| 51 Air transport | 115 | 102.3 | 2.6 | –3.3 | 1.6 |
| 52 Warehousing and support for transportation | 504 | 105.9 | 0.5 | –2.2 | 0.6 |
| 53 Postal and courier activities | 135 | 91.4 | –1.8 | 3.2 | –3.9 |
| I Accommodation and food service activities | 870 | 111.2 | –0.2 | –0.7 | 1.1 |
| 55 Accommodation | 205 | 105.5 | –2.2 | 2.5 | 0.5 |
| 56 Food and beverage service activities | 664 | 112.9 | 0.4 | –1.6 | 1.2 |
| J Information-communication | 1635 | 112.9 | –0.2 | –0.3 | 0.7 |
| 58 Publishing activities | 208 | 101.6 | –3.9 | –2.6 | –2.0 |
| 59 Motion picture, sound recording, music publishing | 119 | 107.9 | 0.7 | –4.6 | 2.2 |
| 60 Programming and broadcasting activities | 71 | 103.9 | –8.1 | 5.7 | 0.5 |
| 61 Telecommunications | 415 | 101.6 | 1.8 | 0.9 | 1.1 |
| 62 Computer programming... | 720 | 122.6 | 0.2 | 0.0 | 1.0 |
| 63 Information services | 102 | 126.2 | 1.2 | –1.2 | 1.0 |
| L Real estate activities | 964 | 100.6 | –1.6 | –1.4 | 1.1 |
| M Specialised, scientific and technical activities | 2540 | 107.4 | –0.7 | 0.2 | 0.2 |
| 69 Legal and accounting activities | 502 | 112.0 | 0.0 | –0.2 | 0.4 |
| 70 Activities of head offices and management consultancy | 739 | 107.4 | –1.2 | –0.5 | –1.0 |
| 71 Architecture and engineering activities | 491 | 106.1 | –0.9 | –0.6 | 2.2 |
| 72 Scientific research and development | 559 | 102.8 | 0.4 | 1.4 | –1.0 |
| 73 Advertising and market research | 146 | 102.5 | –0.7 | –1.8 | 0.8 |
| 74 Other professional, scientific and technical activities | 79 | 125.8 | –5.5 | 8.1 | 3.7 |
| 75 Veterinary activities | 26 | 110.5 | 0.0 | 0.0 | 1.3 |
| N Administrative and business service activities | 1748 | 113.8 | 0.8 | –2.4 | 0.6 |
| 77 Rental and leasing activities | 526 | 111.8 | 1.2 | –2.8 | 0.6 |
| 78 Employment activities | 502 | 126.7 | 1.5 | –2.7 | 2.7 |
| 79 Travel agency, tour operator | 35 | 99.9 | –4.6 | 2.8 | –1.2 |
| 80 Security and investigation | 104 | 108.7 | 0.0 | –3.7 | –0.6 |
| 81 Services to building and landscape anctivities | 245 | 108.7 | –1.4 | –0.7 | –1.2 |
| 82 Other administrative and business support activities | 336 | 104.4 | 1.3 | –2.5 | –1.2 |
| R Arts, entertainment and recreation | 460 | 114.8 | 0.0 | –5.9 | 0.0 |
| S Other personal services | 278 | 104.9 | 1.0 | –3.4 | 1.3 |
- (1) Weight (10 000 = H…S excepting K, O, P, Q)
- (2) Quarter-on-quarter: last three months / previous three months
- Sources: DGFiP, INSEE
tableauTable3 – Revision of variations
| Feb./ Jan. | Jan./ Dec. | Dec./ Nov. | Q4 2017/ Q3 2017 | 2017/ 2016 | |
|---|---|---|---|---|---|
| Services production | 0.17 | 0.06 | 0.04 | –0.05 | 0.10 |
| Raw series | 0.34 | 0.28 | 0.33 | 0.25 | 0.11 |
| SA-WDA parameters | –0.17 | –0.22 | –0.29 | –0.30 | –0.01 |
- How to read: in the services industries, the SA-WDA variation in output between January 2018 and February 2018 is revised by 0.17 points: 0.34 points due to the revisions of raw data and −0.17 points due to the update of SA-WDA parameters
- Sources: DGFiP, INSEE
Pour en savoir plus
