In the fourth quarter 2014, producer prices of services sold to French businesses were stableServices producer price indices - 4th quarter 2014

In the fourth quarter of 2014, producer prices of services sold to French businesses were unchanged (0.0% following –0,1% in the last quarter).

SPPI, production sold to French businesses

In the fourth quarter of 2014, producer prices of services sold to French businesses were unchanged (0.0% following –0,1% in the last quarter).

Rise in prices for information and communication services (+0.8%) and professional, scientific and technical services (+0.6%)

In Q4 2014, the seasonal rise in prices for advertising spaces affected prices for media representation services (+11.1% following –8.9%) and for programming and broadcasting services (+16.0% following –11.9%).

Prices for legal and accounting services moved up (+0.6% following +0.2%), especially for accounting services (+0.9% following 0.0%).

Prices for IT services (+0.2% following +0.1%); engineering services (+0.2% following –0.5%), and management consulting services (+0.2% following –0.6%) accelerated slightly.

Prices for real estate services increased again (+0.3% following +0.5%)

Prices for transportation and storage services(–0.5%) and administrative and support (–0.4%) services moved down

In Q4 2014, prices for sea and coastal water freight transport services declined significantly, but less than in the previous quarter (–2.4% following –7.4%). Prices for freight road transport services also fell (–0.6% following +0.2%). Conversely, prices for freight air transport services continued to rise (+1.1% following +1.2%).

Prices for rental and leasing services dropped (–0.5% following 0.0%), most notably for machinery and equipment (–0.7% following 0.0%). Prices for employment activities rebounded (+0.5% following –0.6%), mainly due to higher prices for temporary employment agency services (+0.6% following –0.6%).

SPPI, production sold to households in France

Producer price of services sold to households in France moved down (–1.8%), most notably for passenger transport services (–2.1%), accomodation and food services (–2.9%), and administrative and support services (–4.4% after +3.5%).

SPPI, production sold on foreign markets

Producer prices of services sold on foreign markets moved down (–0.7% after +0.8%). Prices for transportation and storage services fell significantly (–2.7%), mainly due to the seasonal decline in prices for passenger air transport services and the significant decline in prices for sea and coastal water freight transport services (–1.5% following –2.0%).

SPPI (all markets)

On all markets, services producer prices dropped in the fourth quarter of 2014 (–0.5%). However, year–over–year, they were on the rise (+0.4%).

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 2014Q04 Q/Q-1 Q/Q-4
Prices of services sold to French businesses (BtoB)
HN : all services 1000 101.8 0.0 0.2
H : transport. and storage 187 105.7 –0.5 0.1
49.41 : freight road. transp 65 105.5 –0.6 –0.2
J : information and comm. 222 95.0 0.8 –0.3
62 : IT services 87 101.7 0.2 0.7
L : real estate activities 100 102.9 0.3 0.7
M : prof., scient. and tech. 200 100.5 0.6 0.1
69 : legal and accounting 38 104.6 0.6 0.3
70.2 : manag. consult. 43 102.4 0.2 0.5
71.12 : engineering 64 98.7 0.2 0.3
73.1 : advertising 26 96.2 3.9 –1.7
N : administ. and support 260 104.6 –0.4 0.4
77.1 : renting of motor veh. 17 102.5 –0.3 0.3
77.3 : renting of mach. 30 102.1 –0.7 –0.4
78 : employment activities 50 107.5 0.5 0.6
81 : services to buildings and landscape activities 28 104.8 –0.3 –0.1
S95 : repair of computers & pers. & household goods 9 105.6 0.1 –1.1
Prices of services sold to households in France (BtoC)
HN : all services 1000 102.7 –1.8 1.1
H : transport. and storage 168 106.6 –2.1 2.2
I : accomodation and food 337 108.0 –2.9 2.6
J : information and comm. 186 88.0 0.3 –1.8
L : real estate activities 177 104.8 –1.4 0.6
M : prof., scient. and tech. 71 103.0 –0.1 0.2
N : administ. and support 43 99.5 –4.3 –0.2
S95 : repair of computers & pers. & household goods 18 108.9 0.2 1.0
Export prices of services (BtoE)
HN : all services 1000 96.5 –0.7 0.7
H : transport. and storage 473 96.0 –2.7 –0.5
49.41 : freight road transp. 64 107.4 –0.1 0.0
51.21 : freight air transport 21 132.4 2.8 0.9
53 : postal & courier serv. 13 114.1 0.0 3.2
JB : telecommunications 51 54.5 –0.7 –9.8
62 : IT services 23 100.7 1.0 0.5
70.22 : bus. & mgt consult. 46 96.6 1.0 0.5
71.12 : eng. & tech consult. 66 104.0 0.5 2.2
77.40 : licensing services 146 104.8 1.6 8.9
Prices of services sold on all markets (BtoAll)
HN : all services 1000 101.7 –0.5 0.4
H : transport. and storage 200 104.5 –1.2 0.4
I : accomodation and food 98 107.9 –2.7 2.5
J : information and comm. 208 92.8 0.6 –0.7
L : real estate activities 113 103.6 –0.2 0.7
M : prof., scient. and tech. 167 100.8 0.6 0.1
N : administ. and support 204 104.4 –0.5 0.8
S95 : repair of computers & pers. & household goods 11 106.9 0.2 –0.2

    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 2014Q03 / 2014Q02
    - services sold to all markets //
    - services sold to French businesses //
    - services sold to consumers in France //
    - export of services 0.1(1)
    • (1) Reading note : the change in indice between the second and third quarter of 2014 published at the end of November 2014 was +0.7%. It has been revised to +0.8 % ; that is to say a revision of +0.1 point.
    • Source: INSEE