Stability of services producer prices on the French market, decline on foreign marketsServices producer price indices - 1st quarter 2013

In the first quarter of 2013, services producer prices sold to French businesses were stable on the whole (-0.2 % following +0.1 % in the last quarter), with detailed movements that were often seasonal.

Information  : since this quarter, in accordance with the European directives, services producer price indices are calculated in base and reference 100 in 2010. They are no longer limited to the services sold to French businesses (BtoB), but are now extended to all markets (BtoAll).

SPPI, production sold to French businesses

In the first quarter of 2013, services producer prices sold to French businesses were stable on the whole (–0.2 % following +0.1 % in the last quarter), with detailed movements that were often seasonal.

Fall in prices for scientific and technical activities (–1.0 %) and for information and communication services (–0.7 %)…

The decline in advertising space prices affected prices for both media representation services (–11.3 % quarter over quarter, –6.3 % year over year) and programming and broadcasting services (–13.3 % quarter over quarter, –7.2 % year over year).

Prices for engineering services dropped significantly in this quarter (–1.5 %, following +0.9 %), as well as prices prix for computer services (–0.4 % following +0.8 %).

… while prices for real estate services  (–0.1 %) were stable…

Renting prices for offices continued to dip (–0.4 % following –0.2 %), while prices for management services of real estate on a fee or contract basis rallied (+1.9 % following –1.6 %).

… and prices for transportation and storage services moved up (+0,8 %).

Prices for freight transport services by road increased (+0.6 % following –0.0 %), as well as prices for warehousing and storage services (+2.0 % following –0.1 %).

SPPI, production sold to households in France

Services producer price sold to households in France were almost unchanged in the first quarter of 2013 (+0.2 % following –2.1 %). The advance in prices for accomodation and food services (+1.4 % quarter over quarter, +2.6 % year over year) was offset by the drop in prices for information and communication services (–2.5 % quarter over quarter).

SPPI, production sold on foreign markets

Services producer prices sold on foreign markets moved down in the first quarter of 2013 (–1.0 % following +0.0 %). Prices for transportation and storage services fell (–1.6 %), most notably prices for sea freight water transport services which had risen significantly in the last quarter (–3.4 % following +15.5 %). On the other hand, prices for freight transport services by road advanced (+1.3 %).

SPPI ( all markets)

On all markets, services producer prices were stable (–0.1 % following –0.5 %).

Graphique1 – Producer price indices for all services

  • Reference year: 2010

Graphique2 – Services producer price indices, production sold to French businesses

  • Reference year: 2010

Graphique3 – Services producer price indices, on all markets

  • Reference year: 2010

Tableau 1 – 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 2013T01 Q/Q-1 Q/Q-4
Prices of services sold to French businesses (BtoB)
HN : all services 1000 102.3 -0.2 0.3
H : transport. and storage 187 105.1 0.8 1.0
49.41 : freight trans. by road 65 105.5 0.6 0.7
J : information and comm. 222 99.3 -0.7 -0.3
62 : IT services 87 101.0 -0.4 0.5
L : real estate activities 100 103.3 -0.1 -0.3
M : prof. scient. and tech. act. 200 100.3 -1.0 -0.6
69 : legal and accounting 38 102.9 0.1 -0.2
70.2 : management consult. 43 101.1 -0.1 -0.1
71.12 : engineering 64 99.8 -1.5 -0.3
73.1 : advertising 26 96.8 -3.9 -2.3
N : adminis. and support. act. 260 103.5 0.0 0.9
77.1 : renting of motor veh. 17 103.5 0.0 -0.1
77.3 : renting of mach. eq. 30 102.2 -0.2 -1.2
78 : employment activities 50 105.9 0.3 1.6
81 : services to buildings and landscape activities 28 104.4 0.8 2.0
S95 : repair of computers and pers.. and household goods 9 108.4 0.9 1.8
Prices of services sold to households in France (BtoC)
HN : all services 1000 100.8 0.2 -0.2
H : transport. and storage 168 103.3 0.2 1.5
I : accomodation and food 337 104.7 1.4 2.6
J : information and comm. 186 87.9 -2.5 -10.9
L : real estate activities 177 103.5 0.3 0.4
M : prof.. scient. and tech. act. 71 103.5 0.5 2.4
N : adminis. and support act. 43 98.9 -0.9 -3.2
S95 : repair of computers and pers. and household goods 18 107.9 0.8 1.6
Export prices of services (BtoE)
HN : all services 1000 95.0 -1.0 -0.2
H : transport. and storage 473 92.2 -1.6 0.9
49.41 : freight trans. by road 64 106.6 1.3 -0.7
50.20 : sea and coast. freight 142 62.2 -3.4 -2.6
50.40 : inland freight water 1 113.9 -0.9 -1.3
51.21 : freight air transport 21 127.5 3.0 7.8
Prices of services sold on all markets (BtoAll)
HN : all services 1000 101.5 -0.1 0.2
H : transport. and storage 200 102.9 0.4 1.1
I : accomodation and food 98 104.6 1.3 2.5
J : information and comm. 208 96.4 -1.0 -2.2
L : real estate activities 113 103.4 0.1 0.3
M : prof.. scient. and tech. 167 100.6 -0.8 -0.6
N : administ. and support 204 103.1 -0.1 0.8
S95 : repair of computers and person. and household goods 11 108.2 0.9 1.9
  • Source: INSEE