In the third quarter 2014, producer prices of services sold to French businesses were stableServices producer price indices - 3rd quarter 2014

In the third quarter of 2014, services producer prices sold to French businesses were almost unchanged (–0.1% following +0,3% in the last quarter).

SPPI, production sold to French businesses

In the third quarter of 2014, services producer prices sold to French businesses were almost unchanged (–0.1% following +0,3% in the last quarter).

Prices for information and communication services (–0.7%) and professional, scientific and technical services(–0.6%) declined

The seasonal decline in prices for advertising spaces affected prices for media representation services (–9.3% following +1.5%) and for programming and broadcasting services, notably television (–11.7% following –1.4%).

Prices for engineering services also moved down (–0.5% following +0.3%) while prices for IT services were unchanged this quarter (0.0% following +0.5%).

Prices for real estate services fell rallied (+0.6% following –1.0%)

The rise in prices for renting services (+0.6% following –1.0%) was mainly due to higher rents for office spaces in Île-de-France. This increase also affected prices for management services of real estate (+0.6% following –1.1%)

Prices for transportation and storage services (+0.1% following +0.4%), and administrative and support services (0.0% following +0.9%) stabilized

Prices for road freight transport services remained steady (+0.1% following –0.1%). The fall in prices for employment activities (–0.5%) was mainly due to lower prices for temporary employment agency services (–0.6%). Prices for rental and leasing services advanced slightly (+0.3%), particularly for trucks (+0.8%), driven by the implementation of new European emissions standards (Euro VI).

SPPI, production sold to households in France

Services producer price sold to households in France increased significantly (+1.8%), a usual seasonal pattern, most notably for passenger transport services (+2.1%), accomodation and food services (+2.9%), and administrative and support services (+3.4%).

SPPI, production sold on foreign markets

Services producer prices sold on foreign markets advanced again (+0.7% following +0.9%). Prices for transportation and storage services continued to increase significantly (+1.7% following +1.6 %), 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 third quarter of 2014 (+0.4%). Year-over-year they also rose slightly (+0.2%).

Graphique1 – Producer price indices for all services

Graphique2 – Producer price indices of services sold to French businesses

Graphique3 – Services producer price indices, all markets

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 2014Q3 Q/Q-1 Q/Q-4
Prices of services sold to French businesses (BtoB)
HN : all services 1000 101.9 –0.1 –0.2
H : transport. and storage 187 106.6 0.1 0.8
49.41 : freight trans. by road 65 106.0 0.1 0.2
J : information and comm. 222 94.9 –0.7 –2.6
62 : IT services 87 104.7 0.0 0.4
L : real estate activities 100 101.8 0.6 –1.0
M : prof., scient. and tech. 200 99.8 –0.6 –0.2
69 : legal and accounting 38 104.0 0.3 –0.5
70.2 : management consult. 43 102.3 –0.4 –0.6
71.12 : engineering 64 98.4 –0.5 0.2
73.1 : advertising 26 92.5 –3.4 –1.9
N : administ. and support 260 105.1 0.0 1.0
77.1 : renting of motor veh. 17 103.1 0.3 0.5
77.3 : renting of mach. 30 102.8 0.0 0.8
78 : employment activities 50 106.9 –0.5 0.9
81 : services to buildings and landscape activities 28 105.3 –0.5 0.5
S95 : repair of computers and person. and household goods 9 105.6 0.2 –1.4
Prices of services sold to households in France (BtoC)
HN : all services 1000 104.6 2.9 3.7
H : transport. and storage 168 109.1 4.6 5.8
I : accomodation and food 337 111.3 5.7 6.1
J : information and comm. 186 87.7 –2.1 –7.9
L : real estate activities 177 106.2 2.1 2,7
M : prof., scient. and tech. 71 102.7 –0.1 2.1
N : administ. and support 43 103.6 3.9 0.6
S95 : repair of computers and person. and household goods 18 108.7 0.9 1.0
Export prices of services (BtoE)
HN : all services 1000 97.0 0.7 0.8
H : transport. and storage 473 98.2 1.7 1.0
49.41 : freight transp. by road 64 107.5 0.0 0.3
50.20 : sea and coast. freight 142 68.5 –2.1 9.0
50.40 : inland freight water 1 108.4 –3.5 –4.3
51.21 : freight air transport 21 128.9 1.3 –0.4
53 : postal and courier serv. 13 114.0 3.1 3.1
JB : telecommunications 51 54.6 –9.7 –13.9
70.22 : busin. & mgt consult. 46 95.6 –0.5 –2.5
71.12 : engin. & tech. consult. 66 102.3 0.5 0.5
Prices of services sold on all markets (BtoAll)
HN : all services 1000 102.2 0.4 0.2
H : transport. and storage 200 106.0 0.8 1.2
I : accomodation and food 98 111.0 2.6 2.2
J : information and comm. 208 92.8 –0.5 –2.1
L : real estate activities 113 103.3 0.8 –0.5
M : prof., scient. and tech. 167 100.2 –0.5 –0.2
N : administ. and support 204 104.9 0.2 1.2
S95 : repair of computers and person. and household goods 11 106.9 0.2 –0.5

    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 2014Q02 / 2014Q01
    - services sold to all markets –0.1
    - services sold to French businesses –0.1
    - services sold to consumers in France //
    - export of services –0.2(1)
    • (1) Reading note: the change in indice between 2014Q01 and 2014Q02 published at the end of August 2014 was +1,1 %. It has been revised at +0,9 %; that is to say a revision of -0,2 point. This revision was mainly due to the late receipt of administrative data in the telecommunication services.
    • Source: INSEE