Informations rapides
28 February 2020
2020- n° 54
In Q4 2019, producer prices for services sold to French businesses increased slightly (+0.2%) Services producer price indices - fourth quarter 2019

In the 4th quarter of 2019, producer prices in services sold to French businesses increased slightly again (+0.2%, as in the previous quarter). Year on year, they grew by 1.4%, as in the 3rd quarter.

Informations rapides
No 54
Paru le :Paru le28/02/2020
Prochaine parution le : 28/08/2025 at 12:00 - second quarter 2025

Producer price indices for all services

Producer price indices for all services
Export French businesses Households in France All markets
2015-Q1 100.0 99.7 99.3 99.6
2015-Q2 99.8 99.9 99.6 99.9
2015-Q3 100.7 100.1 101.6 100.5
2015-Q4 99.5 100.4 99.5 100.0
2016-Q1 98.4 100.2 99.7 99.9
2016-Q2 98.5 100.6 100.0 100.3
2016-Q3 99.3 100.5 101.6 100.7
2016-Q4 99.3 100.8 100.2 100.5
2017-Q1 99.2 100.6 100.7 100.5
2017-Q2 99.7 101.0 101.0 100.9
2017-Q3 99.4 100.9 102.8 101.2
2017-Q4 98.9 101.6 101.1 101.2
2018-Q1 98.6 101.5 101.8 101.3
2018-Q2 99.2 102.2 102.3 101.9
2018-Q3 100.3 102.4 104.2 102.7
2018-Q4 99.8 102.6 101.8 102.1
2019-Q1 99.2 102.7 102.2 102.2
2019-Q2 100.3 103.6 103.0 103.1
2019-Q3 101.2 103.8 105.1 103.9
2019-Q4 100.5 104.0 103.3 103.5

Producer price indices for all services

  • Source: INSEE.

SPPI, production sold to French businesses: +0.2%

In the 4th quarter of 2019, producer prices in services sold to French businesses increased slightly again (+0.2%, as in the previous quarter). Year on year, they grew by 1.4%, as in the 3rd quarter.

Producer price indices of services sold to French businesses

Producer price indices of services sold to French businesses
H J L M N
2015-Q1 99.6 99.6 100.2 99.4 99.9
2015-Q2 100.4 99.9 100.0 99.6 100.0
2015-Q3 100.4 99.8 99.8 99.5 99.9
2015-Q4 99.6 100.8 100.0 101.6 100.1
2016-Q1 99.4 100.2 100.7 101.4 100.3
2016-Q2 99.8 100.6 101.0 101.5 100.6
2016-Q3 100.4 100.1 102.9 100.3 100.6
2016-Q4 100.3 101.0 102.2 100.8 100.7
2017-Q1 100.7 100.1 102.8 100.8 100.6
2017-Q2 101.2 100.5 103.2 100.7 101.1
2017-Q3 101.5 100.0 103.1 100.4 101.2
2017-Q4 102.1 101.1 104.3 101.2 101.4
2018-Q1 102.6 100.2 103.3 101.0 102.0
2018-Q2 104.1 101.0 104.0 101.1 102.4
2018-Q3 105.1 100.7 103.6 101.5 102.8
2018-Q4 104.9 100.7 104.2 102.2 102.6
2019-Q1 105.5 100.2 105.3 102.0 103.1
2019-Q2 106.7 101.0 105.7 103.0 103.2
2019-Q3 106.8 100.9 107.5 102.9 103.7
2019-Q4 106.4 101.2 108.7 103.6 103.7

Producer price indices of services sold to French businesses

  • Source: INSEE.

Significant rises in prices for scientific and technical services and for real estate activities

Prices for scientific and technical services rebounded in the 4th quarter of 2019 (+0.7% after –0.1%), mainly thanks to the seasonal rebound in prices for media representation services (+15.0% after –10.4%). Year on year, prices for scientific and technical services kept rising (+1.4%, as in the previous quarter).

Prices for real estate activities slowed down in the 4th quarter of 2019 (+1.1% after +1.7%), driven up by the persistent dynamism in prices for renting and operating services of own or leased real estate (+1.3% after +1.8%), especially office rentals in Île-de-France. Year on year, prices for real estate activities sped up (+4.3% after +3.8% and +1.6%).

Slightly rises in prices for information-communication services and for accommodation-food services

Prices for information-communication services slightly increased in the 4th quarter of 2019 (+0.3% after –0.1%), due to the seasonal rebound in prices for television programming and broadcasting services (+10.8% after –9.4%). Year on year, prices for information-communication services sped up (+0.5% after +0.2%).

Also, prices for accommodation-food services slightly increased in the 4th quarter of 2019 (+0.2% after –0.7%). Year on year, they kept rising sharply (+1.9% after +2.3%)

Decline in prices for transport and storage services

Prices for transport and storage services decreased in the 4th quarter of 2019 (–0.4% after +0.1%), mainly due to the seasonal backlash in prices for passenger air transport services. However, they still increased year on year (+1.4% after +1.6%).

Stability in prices for administrative and support services

Prices for administrative and support services stabilized in the 4th quarter of 2019 (after +0.5%) and kept rising year on year (+1.1% after +0.9%). The seasonal backlash in prices for travel agency, tour operator and other related services (–7.4% after +9.7%) was counteracted by the seasonal rise in prices for temporary employment agency services (+1.0% after –0.1%).

Services producer price indices, services sold to French businesses (BtoB), by sector

reference year: 2015
Services producer price indices, services sold to French businesses (BtoB), by sector (reference year: 2015)
Sections and choices of Weight Indices Change in %
levels in NAF rev.2 2019Q04 Q/Q-1 Q/Q-4
HS : all services 1000 104.0 0.2 1.4
H : transport. and storage 201 106.4 -0.4 1.4
   49 : land and pipeline transport 94 104.5 -0.1 1.1
   52 : warehousing and auxiliary services for transport 77 108.2 0.3 1.6
I : accommodation and food 49 102.0 0.2 1.9
J : information and communic. 228 101.2 0.3 0.5
   62 : IT services 104 101.0 -0.3 0.7
L : real estate activities 98 108.7 1.1 4.3
M : prof., scient. and tech. 214 103.6 0.7 1.4
   69 : legal and accounting services 47 100.4 0.4 1.6
   70 : activities of head offices and management consulting services 44 103.4 0.2 1.9
   71 : architectural and engineering services 82 104.1 0.5 1.2
   73 : advertising and market research services 21 105.0 4.3 0.2
N : administ. and support serv. 201 103.7 0.0 1.1
   77 : renting & leasing services 61 99.8 -0.4 0.1
   78 : employment services 63 105.0 1.0 2.1
   82 : office administrative and support services 21 106.0 0.2 0.6
  • BtoB: business to business
  • Source: INSEE

SPPI, production sold to households in France: –1.7%

In the 4th quarter of 2019, producer prices of services sold to households in France fell back (–1.7% after +2.0%) due to the seasonal declines in prices for accommodation-food services (–2.8% after +3.3%), real estate activities (–1.7% after +1.3%) and transport and storage services (–2.4% after +3.4%). However, producer prices of services sold to households in France sped up year on year (+1.5% after +0.9%).

Services producer price indices, services sold to households in France (BtoC), by sector

reference year: 2015
Services producer price indices, services sold to households in France (BtoC), by sector (reference year: 2015)
Sections Weight Indices Change in %
2019Q04 Q/Q-1 Q/Q-4
HS : all services 1000 103.3 -1.7 1.5
H : transport. and storage 153 104.7 -2.4 2.7
I : accommodation and food 282 105.9 -2.8 1.4
J : information and communic. 139 101.3 0.3 0.8
L : real estate activities 298 100.9 -1.7 0.9
M : prof., scient. and tech. 75 107.1 0.1 2.1
N : administ. and support serv. 37 98.0 -2.2 0.9
  • BtoC: business to consumer
  • Source: INSEE

SPPI, production sold on foreign markets: –0.7%

Export prices decreased in the 4th quarter of 2019 (–0.7% after +0.9%) mainly thanks to the seasonal decline in prices for transport and storage services (–2.0% after +2.2%) and, in a lesser extent, to the backlash of those for scientific and technical services (–0.7% after +1.4%). However, export prices for information-communication services rebounded (+0.6% after –0.9%). Year on year, export prices increased again (+0.7% after +0.9%).

Services producer price indices, export prices of services (BtoE), by sector

reference year: 2015
Services producer price indices, export prices of services (BtoE), by sector (reference year: 2015)
Sections Weight Indices Change in %
2019Q04 Q/Q-1 Q/Q-4
HS : all services 1000 100.5 -0.7 0.7
H : transport. and storage 307 100.7 -2.0 0.1
J : information and communic. 168 94.8 0.6 -2.1
M : prof., scient. and tech. 281 102.2 -0.7 2.2
N : administ. and support serv. 235 103.1 0.2 1.5
  • BtoE: business to exports
  • Source: INSEE

SPPI (all markets): –0.4%

In the 4th quarter of 2019, producer prices of services on all markets declined (–0.4% after +0.8%). However, they kept rising year on year (+1.4% after +1.2%).

Services producer price indices, export prices of services (BtoAll), by sector

reference year: 2015
Services producer price indices, export prices of services (BtoAll), by sector (reference year: 2015)
Sections Weight Indices Change in %
2019Q04 Q/Q-1 Q/Q-4
HS : all services 1000 103.5 -0.4 1.4
H : transport. and storage 200 105.1 -1.0 1.5
I : accommodation and food 106 104.6 -2.1 1.6
J : information and communic. 199 100.6 0.3 0.3
L : real estate activities 140 104.5 -0.4 2.5
M : prof., scient. and tech. 185 103.8 0.5 1.7
N : administ. and support serv. 162 103.1 -0.2 1.1
  • BtoAll: business to all
  • Source: INSEE

Services producer price indices, all markets

Services producer price indices, all markets
H I J L M N
2015-Q1 99.7 99.0 99.4 99.7 99.5 99.9
2015-Q2 100.3 99.0 99.8 99.9 99.6 100.1
2015-Q3 101.0 103.3 100.1 100.6 99.6 99.9
2015-Q4 99.0 98.7 100.7 99.8 101.3 100.1
2016-Q1 98.5 99.0 100.2 100.3 101.0 100.2
2016-Q2 98.9 100.2 100.5 100.7 101.0 100.3
2016-Q3 100.1 101.3 100.3 102.2 100.2 100.5
2016-Q4 99.5 99.9 101.0 101.1 100.6 100.7
2017-Q1 99.9 100.3 100.2 101.5 100.8 100.5
2017-Q2 100.8 100.8 100.4 101.9 100.7 100.9
2017-Q3 102.0 102.6 99.9 102.6 100.7 100.6
2017-Q4 101.3 101.4 100.8 102.2 101.3 100.6
2018-Q1 101.6 102.4 99.9 102.1 101.1 101.3
2018-Q2 103.2 102.8 100.7 102.5 101.1 101.8
2018-Q3 104.7 105.8 100.4 102.6 101.7 102.2
2018-Q4 103.5 103.0 100.3 102.0 102.1 102.0
2019-Q1 103.5 103.2 99.8 102.9 102.0 102.5
2019-Q2 105.1 104.6 100.5 103.3 103.1 102.7
2019-Q3 106.2 106.8 100.3 104.9 103.3 103.3
2019-Q4 105.1 104.6 100.6 104.5 103.8 103.1

Services producer price indices, all markets

  • Source: INSEE.

Revision of variations

in percentage points
Revision of variations (in percentage points)
Services producer price indices 2019Q03 / 2019Q02
- services sold to all markets 0.0
- services sold to French businesses 0.0
- services sold to consumers in France 0.1
- export of services 0.0
  • How to read it: there was no change in the variation of the services price index for services sold to French businesses between the second quarter 2019 and the third quarter 2019. Published at the end of November 2019 at +0.2%, it has not been revised.

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