31 August 2015
2015- n° 214In the second quarter of 2015, producer prices of services sold to French businesses
rallied (+0.4%) Services producer price indices - 2nd quarter 2015
In the second quarter of 2015, producer prices of services sold to French businesses rallied (+0.4% following –0,2%).
- SPPI, production sold to French businesses
- Rise in prices for transportation and storage, information and communication, and administrative and support services
- Near stability in prices for professional, scientific and technical services and real estate activities
- SPPI, production sold to households in France
- SPPI, production sold on foreign markets
- SPPI (all markets)
SPPI, production sold to French businesses
In the second quarter of 2015, producer prices of services sold to French businesses rallied (+0.4% following –0,2%).
Rise in prices for transportation and storage, information and communication, and administrative and support services
Prices for transportation and storage services moved up in the second quarter (+0.6%). Prices for sea and coastal water freight transport services rallied (+3.4%) following a significant decline in the previous quarter (–10.7%). Prices for freight road transport services also rebounded (+1.0% following –1.2%), driven by higher diesel oil prices. Conversely, prices for freight air transport services dropped (–0.4%) following two consecutive quarters of rise (+1.0% and then +1.6%).
Prices for information and communication services advanced (+0.4%). The seasonal rise in prices for advertising spaces affected prices for media representation services (+4.1% following –4.3%) and radio broadcasting services (+4.7% following –9.1%). Prices for IT services increased slightly (+0.3% following –0.2%).
Prices for administrative and support services rallied (+0.3% after –0.3%). Prices for employment activities rose slightly (+0.2%). Conversely, prices for rental and leasing services dipped slightly (–0.3% following –0.2%).
Near stability in prices for professional, scientific and technical services and real estate activities
Prices for professional, scientific and technical services were virtually unchanged (+0.1%), notably for legal and accounting services (–0.1%) and management consulting services (–0.1%). Prices for engineering services picked up slightly (+0.2 following –0.9%). Advertising prices rose significantly (+1.4%). Prices for real estate activities remained stable (+0.1%).
SPPI, production sold to households in France
Producer price of services sold to households in France advanced at the same rate as in the last quarter (+0.6%). In particular, services related to tourism (most notably travel agency and passenger air transport services) rose anew.
SPPI, production sold on foreign markets
Producer prices of services sold on foreign markets were stable in the second quarter (0.0% following –0.4%). Prices for transportation and storage services continued to fall (–0.6% following –2.8%). This was mainly due to the significant decline in prices for freight air transport services (–4.1% after –0.7%) and sea and coastal water freight transport services. Prices for licensing services rose anew, but more moderately than in the previous quarter (+1.2% following +5.9%).
SPPI (all markets)
On all markets, services producer prices advanced by 0.4% in Q2 2015 after having been stable in the previous quarter. Year-on-year they increased by 0.4%.
graphiqueGraphique1 – Producer price indices for all services
graphiqueGraphique2 – Producer price indices of services sold to French businesses
- Source: INSEE
graphiqueGraphique3 – Services producer price indices, all markets
- Source: INSEE
tableauTableau1 – Services producer price indices, by sectors:
| Sections and choices of | Weight | Indices | Change in % | |
|---|---|---|---|---|
| levels in NAF rev.2 | 2015Q02 | Q/Q-1 | Q/Q-4 | |
| Prices of services sold to French businesses (BtoB) | ||||
| HN : all services | 1000 | 102.1 | 0.4 | 0.2 |
| H : transport. and storage | 187 | 106.8 | 0.6 | 0.2 |
| 49.41 : freight trans. by road | 65 | 105.3 | 1.0 | –0.7 |
| J : information and comm. | 222 | 94.6 | 0.4 | 0.2 |
| 62 : IT services | 87 | 101.5 | 0.3 | 0.2 |
| L : real estate activities | 100 | 104.3 | 0.1 | 1.2 |
| M : prof., scient. and tech. | 200 | 100.3 | 0.1 | 0.1 |
| 69 : legal and accounting | 38 | 105.2 | –0.1 | 1.5 |
| 70.2 : mgmt. consulting serv. | 43 | 102.8 | –0.1 | 0.9 |
| 71.12 : engineering | 64 | 97.7 | 0.2 | –1.2 |
| 73.1 : advertising | 26 | 96.2 | 1.4 | 0.4 |
| N : administ. and support | 260 | 104.8 | 0.3 | –0.3 |
| 77 : renting & leasing serv. | 83 | 99.8 | –0.3 | –1.1 |
| 78 : employment activities | 50 | 107.9 | 0.2 | 0.3 |
| 81 : services to buildings and landscape activities | 28 | 105.0 | 0.0 | –0.6 |
| S95 : repair of computers and person. and household goods | 9 | 105.5 | 0.0 | 0.1 |
| Prices of services sold to households in France (BtoC) | ||||
| HN : all services | 1000 | 104.0 | 0.6 | 1.2 |
| H : transport. and storage | 168 | 108.6 | 1.2 | 1.7 |
| I : accomodation and food | 337 | 109.5 | 0.3 | 1.3 |
| J : information and comm. | 186 | 88.9 | 0.7 | 1.4 |
| L : real estate activities | 177 | 105.8 | 0.6 | 0.8 |
| M : prof., scient. and tech. | 71 | 102.8 | 0.0 | 0.0 |
| N : administ. and support | 43 | 99.7 | 2.1 | –0.4 |
| S95 : repair of computers and person. and household goods | 18 | 109.8 | 0.4 | 1.2 |
| Export prices of services (BtoE) | ||||
| HN : all services | 1000 | 96.2 | 0.0 | 0.0 |
| H : transport. and storage | 473 | 92.7 | –0.6 | –4.2 |
| 49.41 : freight transp. by road | 64 | 107.9 | –0.3 | 0.4 |
| 51.21 : freight air transport | 21 | 126.2 | –4.1 | –1.6 |
| 53 : postal and courier serv. | 13 | 122.9 | 0.0 | 7.7 |
| JB : telecommunications | 51 | 56.0 | 0.0 | 2.1 |
| 62 : IT services | 23 | 100.0 | 0.5 | 0.9 |
| 70.2 : mgmt. consulting serv. | 48 | 96.2 | –0.9 | –0.2 |
| 71.12 : engin. & tech. consult. | 66 | 104.4 | 0.0 | 1.2 |
| 77.40 : licensing services | 146 | 111.8 | 1.2 | 12.3 |
| Prices of services sold on all markets (BtoAll) | ||||
| HN : all services | 1000 | 102.1 | 0.4 | 0.4 |
| H : transport. and storage | 200 | 104.9 | 0.5 | –0.3 |
| I : accomodation and food | 98 | 109.5 | 0.5 | 1.3 |
| J : information and comm. | 208 | 92.8 | 0.5 | 0.5 |
| L : real estate activities | 113 | 104.9 | 0.2 | 1.1 |
| M : prof., scient. and tech. | 167 | 100.7 | 0.1 | 0.2 |
| N : administ. and support | 204 | 105.1 | 0.5 | 0.4 |
| S95 : repair of computers and person. and household goods | 11 | 107.3 | 0.2 | 0.6 |
tableauTableau3 – Measure of revision for each indicator at the HN 'all services' level
| Services producer price indices | 2015Q01 / 2014Q04 |
|---|---|
| - services sold to all markets | // |
| - services sold to French businesses | -0.1 |
| - services sold to consumers in France | // |
| - export of services | 0.3 |
- Reading note : the change in export index between the fourth quarter 2014 and the first quarter 2015 published at the end of May was –0.7%. It has been revised at –0.4%; that is to say a revision of +0.3 point, due to the incorporation of late responses in the sea and coastal water freight transport services.
- Source : INSEE
Documentation
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Time series : Services producer price indices
