In the second quarter 2014, slight rise in producer prices of services sold to French businessesServices producer price indices - 2nd Quarter 2014

In the second quarter of 2014, services producer prices sold to French businesses increased (+0.4% following 0,0% in the last quarter).

SPPI, production sold to French businesses

In the second quarter of 2014, services producer prices sold to French businesses increased (+0.4% following 0,0% in the last quarter).

Prices for administrative and support services advanced significantly (+1.0% following 0.0%)…

The rise in prices for employment activities (+0.8% following 0.0%) was mainly due to significantly higher prices for temporary employment agency services (+1.0% following –0.1%) while prices for services provided by employment placement agencies and for other human resources provision services were unchanged (–0.1% and 0.0%, respectively). Prices for rental and leasing services remained stable this quarter (+0.1% following +0.5%).

… prices for transportation and storage services (+0.4% following +0.5%), professional, scientific and technical services (+0.4% following –0.2%), information and communication services (+0.3% following –0.7%) increased moderately…

Prices for road freight transport services remained steady (–0.1% following +0.2%), while prices for sea and coastal freight water transport services rose strongly (+2.3%, following –2.1%).

Prices for engineering services moved up (+0.7% following +0.1%). Prices for advertising services rallied (+0.5% following –2.2%), mainly prices for advertising spaces (+1.1% following –6.8 %).

Prices for IT services advanced slightly (+0.3% following –0.2%)

… but prices for real estate services fell sharply (–1.0% following 0,0%).

The significant decline in prices for renting services (–1.0% following 0.0%) was mainly due to lower rents for office spaces in Île-de-France.

SPPI, production sold to households in France

Services producer price sold to households in France increased again (+0.5% following +0.8%), most notably passenger transport services (+2.0% following +0.5%).

SPPI, production sold on foreign markets

Services producer prices sold on foreign markets advanced significantly (+1.1% following –0.5%). The rise was particularly strong in prices for transportation and storage services (+2.0% following –1.7 %), mainly due to passenger transport services while the different types of freight transport services increased only moderately or declined.

SPPI (all markets)

On all markets, services producer prices moved up in the second quarter of 2014 (+0.5% following +0.1%). Year-over-year they were also on the rise (+0.3%).

Graphique1 – Producer price indices for all services

  • base and reference year: 2010

Graphique2 – Producer price indices of services sold to French businesses

  • base and reference year: 2010

Graphique3 – Services producer price indices, all markets

  • base and reference year: 2010

Tableau1 – Services producer price indices, by sectors:

base and reference year: 2010
Services producer price indices, by sectors:
Sections and choices of Weight Indices Change in %
levels in NAF rev.2 2014T02 Q/Q-1 Q/Q-4
Prices of services sold to French businesses (BtoB)
HN : all services 1000 102.2 0.4 0.2
H : transport. and storage 187 106.6 0.4 0.9
49.41 : freight trans. by road 65 105.9 –0.1 0.1
J : information and comm. 222 96.1 0.3 –0.5
62 : IT services 87 104.4 0.3 3.3
L : real estate activities 100 101.1 –1.0 –1.7
M : prof., scient. and tech. 200 100.6 0.4 0.0
69 : legal and accounting 38 104.4 –0.1 1.0
70.2 : management consult. 43 102.6 0.4 –0.3
71.12 : engineering 64 99.2 0.7 0.1
73.1 : advertising 26 96.1 0.5 –1.5
N : administ. and support 260 105.2 1.0 1.0
77.1 : renting of motor veh. 17 102.9 0.2 0.2
77.3 : renting of mach. 30 103.0 0.1 0.6
78 : employment activities 50 107.7 0.8 1.1
81 : services to buildings and landscape activities 28 105.5 0.2 0.8
S95 : repair of computers and person. and household goods 9 105.6 –0.4 –1.4
Prices of services sold to households in France (BtoC)
HN : all services 1000 103.0 1.3 2.1
H : transport. and storage 168 106.9 2.5 3.7
I : accomodation and food 337 108.2 2.8 3.2
J : information and comm. 186 88.0 –1.8 –7.6
L : real estate activities 177 105.0 0.9 1.6
M : prof., scient. and tech. 71 102.8 0.0 2.2
N : administ. and support 43 100.1 0.5 –2.8
S95 : repair of computers and person. and household goods 18 108.3 0.5 0.6
Export prices of services (BtoE)
HN : all services 1000 96.5 1.1 2.0
H : transport. and storage 473 96.8 2.0 4.1
49.41 : freight transp. by road 64 107.1 –0.5 –0.1
50.20 : sea and coast. freight 142 70.2 0.6 22.1
50.40 : inland freight water 1 112.4 0.8 0.3
51.21 : freight air transport 21 125.6 –1.8 –2.2
53 : postal and courier serv. 13 114.1 3.2 3.2
JB : telecommunications 51 60.1 –0.6 –5.2
70.22 : busin. & mgt consult. 46 96.6 0.6 –1.4
71.12 : engin. & tech. consult. 66 102.1 0.3 0.3
Prices of services sold on all markets (BtoAll)
HN : all services 1000 102.1 0.5 0.7
H : transport. and storage 200 105.3 0.9 1.6
I : accomodation and food 98 108.2 0.6 3.0
J : information and comm. 208 93.8 0.0 –0.1
L : real estate activities 113 102.7 –0.4 –0.7
M : prof., scient. and tech. 167 100.8 0.3 0.0
N : administ. and support 204 104.7 1.0 1.0
S95 : repair of computers and person. and household goods 11 106.7 –0.2 –0.6
  • Source : INSEE

Tableau3 – Measure of revision for each indicator at the HN 'all services' level

Revision (in percentage point)
Measure of revision for each indicator at the HN 'all services' level
Services producer price indices 2014Q01 / 2013Q04
- services sold to all markets //
- services sold to French businesses //
- services sold to consumers in France //
- export of services 0.5(1)
  • (1) Reading note : the change in export price development between 2013Q04 and 2014Q01 published at the end of May was –1.0%. It has been revised at –0.5% ; that is to say a revision of +0.5 point.This revision was mainly due to the late receipt of administrative data in the telecommunication services.