27 July 2018
2018- n° 203In May 2018, services output decreased (−0.7%) Index of services production - May 2018
In May 2018, output decreased (−0.7%) in services after a strong rise in April (+2.6%).
- Services output rose over the last three months
- Output grew sharply over a year
- Strong backlash in business support
- Downturn in transportation and storage
- Decline in information and communication
- Virtual stability in accommodation and food service activities
- Sharp rise 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 May 2018, output decreased (−0.7%) in services after a strong rise in April (+2.6%).
Services output rose over the last three months
Over the last three months (March to May), services production increased by 1.0% compared to the previous three months.
It grew in business support activities (+1.1%), be it in administrative and business service activities (+1.5%) or in specialised, scientific and technical activities (+0.9%). It rose sharply in information and communication (+2.2%), in real estate activities (+1.7%) and more slightly in accommodation and food services activities (+0.5%). However, it decreased in transportation and storage (−0.5%) and household services (−0.4%).
Output grew sharply over a year
In services, output of the last three months rose sharply over a year (+4.7%), with an increase in all sectors.
It went up strongly in business support (+5.6%), be it in administrative and business service activities (+6.8%) or in specialised, scientific and technical activities (+4.7%). It also grew sharply in information and communication (+6.2%), real estate activities (+3.1%), accommodation and food service activities (+4.3%) and household services (+5.1%). It increased more moderately in transportation and storage (+1.5%).
graphiqueGraph1 – Index of services production
- Sources: DGFiP, INSEE
tableauTable1 – Variation in the services production
| Change in % | |||||
|---|---|---|---|---|---|
| Nace classification | Weight (1) | May/ Apr. | Apr./ Mar. | q-o-q (2) | y-o-y (3) |
| Index of services production | 10000 | –0.7 | 2.6 | 1.0 | 4.7 |
| H Transportation and storage | 1504 | –2.4 | 2.3 | –0.5 | 1.5 |
| I Accommodation and food service activities | 870 | 0.1 | 0.1 | 0.5 | 4.3 |
| J Information and communication | 1635 | –0.8 | 3.0 | 2.2 | 6.2 |
| L Real estate activities | 964 | 5.5 | 1.9 | 1.7 | 3.1 |
| M+N Business support | 4289 | –2.0 | 3.6 | 1.1 | 5.6 |
| M Specialised, scientific and technical activities | 2540 | –2.1 | 3.4 | 0.9 | 4.7 |
| N Administrative and business service activities | 1748 | –1.8 | 3.9 | 1.5 | 6.8 |
| R+S Household services | 738 | 2.6 | 0.0 | –0.4 | 5.1 |
- (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
- Sources: DGFiP, INSEE
Strong backlash in business support
In May 2018, output in business support activities fell back (−2.0%) after a strong increase in April (+3.6%).
It shrank in specialised, scientific and technical activities (−2.1% after +3.4% in April), particularly in architecture and engineering activities (−2.7% after +3.2%), activities of head offices and management consultancy (−2.4% after +4.2%), legal and accounting activities (−1.0 after +1.6%), and advertising and market research (−6.8% after +7.8%).
Output also fell back in administrative and business support activities (−1.8% after +3.9%), notably in rental and leasing activities (−2.5% after +3.0%), security and investigation (−5.2% after +6.8%) and in services to building and landscape activities (−3.2% after +5.2%).
Downturn in transportation and storage
Output in transportation and storage folded in May (−2.4% after +2.3%), notably in land transport (−4.0% after +1.9%) and warehousing and support for transportation (−1.7% after +4.0%). By contrast, it bounced back in air transport (+3.8% after −5.2%).
Decline in information and communication
Output in information and communication declined in May (−0.8% after +3.0%), due to computer programming (−2.3% after +3.9%) and despite an acceleration in motion picture, sound recording, music publishing (+4.6% after +2.2%).
Virtual stability in accommodation and food service activities
For the third consecutive month, output in accommodation and food services was virtually stable (+0.1% in May). It rebounded in accommodation (+0.8% after −1.0%) whereas it was virtually stable in food and beverage service activities (−0.1% after +0.4%).
Sharp rise in household services
After a stability in April, output in household services rose sharply in May (+2.6%), mainly due to arts, entertainment and recreation (+4.1%). Other personal services production was virtually stable.
Revisions
The month-on-month variation rate of the index of services production in April 2018 has been revised downwards by 0.1 points. Initially published at +2.7%, it has been stated at +2.6%.
tableauTable2 – Variation in the services production
| Change in % | |||||
|---|---|---|---|---|---|
| Weight (1) | May 18 | May/ Apr. | Apr./ Mar. | q-o-q (2) | |
| Index of services production | 10000 | 111.6 | –0.7 | 2.6 | 1.0 |
| H transportation and storage | 1504 | 105.3 | –2.4 | 2.3 | –0.5 |
| 49 Land transport… | 715 | 105.8 | –4.0 | 1.9 | –1.7 |
| 50 Water transport | 36 | 129.2 | 1.7 | 7.8 | 8.5 |
| 51 Air transport | 115 | 100.0 | 3.8 | –5.2 | –1.7 |
| 52 Warehousing and support for transportation | 504 | 107.8 | –1.7 | 4.0 | 1.0 |
| 53 Postal and courier activities | 135 | 91.5 | –2.6 | 2.6 | –0.4 |
| I Accommodation and food service activities | 870 | 111.8 | 0.1 | 0.1 | 0.5 |
| 55 Accommodation | 205 | 106.6 | 0.8 | –1.0 | 0.4 |
| 56 Food and beverage service activities | 664 | 113.4 | –0.1 | 0.4 | 0.5 |
| J Information-communication | 1635 | 116.7 | –0.8 | 3.0 | 2.2 |
| 58 Publishing activities | 208 | 107.9 | –1.4 | 8.1 | –1.4 |
| 59 Motion picture, sound recording, music publishing | 119 | 115.6 | 4.6 | 2.2 | 2.5 |
| 60 Programming and broadcasting activities | 71 | 116.0 | 4.8 | 7.3 | –1.0 |
| 61 Telecommunications | 415 | 101.3 | –0.1 | –2.1 | 3.1 |
| 62 Computer programming... | 720 | 126.6 | –2.3 | 3.9 | 2.8 |
| 63 Information services | 102 | 130.0 | –0.7 | 3.1 | 2.9 |
| L Real estate activities | 964 | 108.0 | 5.5 | 1.9 | 1.7 |
| M Specialised, scientific and technical activities | 2540 | 109.1 | –2.1 | 3.4 | 0.9 |
| 69 Legal and accounting activities | 502 | 112.9 | –1.0 | 1.6 | 0.4 |
| 70 Activities of head offices and management consultancy | 739 | 109.8 | –2.4 | 4.2 | 0.1 |
| 71 Architecture and engineering activities | 491 | 106.3 | –2.7 | 3.2 | 0.2 |
| 72 Scientific research and development | 559 | 105.9 | –1.3 | 3.4 | 2.9 |
| 73 Advertising and market research | 146 | 102.0 | –6.8 | 7.8 | 0.4 |
| 74 Other professional, scientific and technical activities | 79 | 131.1 | –0.7 | 3.8 | 2.5 |
| 75 Veterinary activities | 26 | 113.4 | 1.1 | 0.7 | 2.4 |
| N Administrative and business service activities | 1748 | 116.6 | –1.8 | 3.9 | 1.5 |
| 77 Rental and leasing activities | 526 | 112.3 | –2.5 | 3.0 | 1.3 |
| 78 Employment activities | 502 | 132.1 | –0.6 | 4.3 | 2.6 |
| 79 Travel agency, tour operator | 35 | 99.6 | –1.4 | 1.9 | –3.3 |
| 80 Security and investigation | 104 | 110.6 | –5.2 | 6.8 | 1.1 |
| 81 Services to building and landscape anctivities | 245 | 111.0 | –3.2 | 5.2 | 0.2 |
| 82 Other administrative and business support activities | 336 | 107.9 | –0.3 | 3.1 | 1.4 |
| R Arts, entertainment and recreation | 460 | 119.8 | 4.1 | –0.1 | –0.8 |
| S Other personal services | 278 | 105.3 | –0.1 | 0.2 | 0.3 |
- (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
| Apr./ Mar. | Mar./ Feb. | Feb./ Jan. | Q1 2018/ Q4 2017 | 2017/ 2016 | |
|---|---|---|---|---|---|
| Services production | –0.08 | 0.02 | 0.01 | –0.03 | 0.00 |
| Raw series | 0.05 | 0.10 | 0.00 | –0.04 | 0.00 |
| SA-WDA parameters | –0.13 | –0.08 | 0.01 | 0.01 | 0.00 |
- How to read: in the services industries, the SA-WDA variation in output between March 2018 and April 2018 is revised by −0.08 points: +0.05 points due to the revisions of raw data and −0.13 points due to the update of SA-WDA parameters
- Sources: DGFiP, INSEE
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