In Q4 2015, producer prices of services sold to French businesses were virtually stableServices producer price indices - 4th Quarter 2015

In the fourth quarter of 2015, producer prices of services sold to French businesses were almost unchanged for the second consecutive quarter (+0.1% as in the third quarter).

SPPI, production sold to French businesses

In the fourth quarter of 2015, producer prices of services sold to French businesses were almost unchanged for the second consecutive quarter (+0.1% as in the third quarter).

Price rise for almost all services

Prices for information and communication services recovered sharply in Q4 (+1.2% after −0.7%). As every year at this time, prices for radio and television broadcasting services rose strongly.

Prices for scientific and technical services grew (+0.6%), driven above all by the seasonal rise in media representation services (+9.1%) and by those for management consulting services (+1.7%).

Prices for real estate activities increased again (+0.4% following +0.3%), driven up by prices for renting and operating services and by management services of real estate on a fee or contract basis (+0.4% for both).

Prices for administrative and support services advanced slightly (+0.2%): the rise in prices for employment services (+0.8%) was partially offset by the fall in prices for renting and leasing services and by the seasonal fall in prices for travel sale and arrangement (−5.0%).

Decrease in prices for transportation and storage

Prices for transportation and storage services declined (−0.8% after −0.1%), mainly due to seasonal fall in air transport services. Prices for freight transport services by road (–0.3%) contributed also to the fall in prices for this sector.

SPPI, production sold to households in France

Producer prices of services sold to households in France declined sharply in Q4 (−1.8% following +1.7%). In particular, prices for real estate activities slid (−1.3%). Prices for tourisme-related services decreased seasonally, especially those for accommodation and food services (−3.4%) and those for transportation and storage (−3.3%).

SPPI, production sold on foreign markets

Producer prices of services sold on foreign markets fell back this quarter (−0.9% after +0.8%), especially prices for transportation and storage (–3.8%). On the contrary, prices for management consulting services strengthened (+1.9% following +0.1%) and those for IT services continued to rise (+0.7% after +2.1%).

SPPI (all markets)

In the fourth quarter of 2015, on all markets, services producer prices dipped (−0.5% after +0.6%). Year over year, they rose by 0.4%.

Graphique1 – Producer price indices for all services.

  • reference year: 2010
  • Source: INSEE

Graphique2 – Producer price indices of services sold to French businesses

  • reference year: 2010
  • Source: INSEE

Graphique3 – Services producer price indices, all markets

  • reference year: 2010
  • Source: INSEE

Tableau1 – Services producer price indices, by sectors:

reference year: 2010
Services producer price indices, by sectors:
Sections and choices of Weight Indices Change in %
levels in NAF rev.2 2015T04 Q/Q-1 Q/Q-4
Prices of services sold to French businesses (BtoB)
HN : all services 1000 102.2 0.1 0.3
H : transport. and storage 187 106.0 –0.8 –0.2
49.41 : freight trans. by road 65 104.5 –0.3 –1.0
J : information and comm. 222 95.2 1.2 0.6
62 : IT services 87 102.2 0.4 0.6
L : real estate activities 100 104.4 0.4 0.2
M : prof.. scient. and tech. 200 100.8 0.6 0.4
69 : legal and accounting 38 105.1 –0.2 0.3
70.2 : mgmt. consulting serv. 43 105.3 1.7 3.5
71.12 : engineering 64 98.1 0.1 –0.4
73.1 : advertising 26 95.8 3.4 –0.7
N : administ. and support 260 105.0 0.2 0.4
77 : renting & leasing serv. 83 99.3 –0.3 –0.9
78 : employment activities 50 107.9 0.8 0.2
81 : services to buildings and landscape activities 28 106.1 0.2 1.1
S95 : repair of computers and person. and household goods 9 105.3 0.7 –0.6
Prices of services sold to households in France (BtoC)
HN : all services 1000 103.8 –1.8 1.0
H : transport. and storage 168 107.1 –3.3 0.5
I : accomodation and food 337 109.5 –3.4 1.4
J : information and comm. 186 89.9 0.1 2.2
L : real estate activities 177 105.6 –1.3 0.5
M : prof.. scient. and tech. 71 103.3 0.1 1.0
N : administ. and support 43 99.1 –0.4 –0.4
S95 : repair of computers and person. and household goods 18 109.4 0.5 0.3
Export prices of services (BtoE)
HN : all services 1000 96.5 –0.9 –0.6
H : transport. and storage 473 91.3 –3.8 –6.2
49.41 : freight transp. by road 64 107.8 –0.1 0.1
51.21 : freight air transport 21 123.5 2.8 –6.8
53 : postal and courier serv. 13 122.9 0.0 7.7
JB : telecommunications 51 61.8 –0.2 10.1
62 : IT services 23 102.5 0.7 2.0
70.2 : mgmt. consulting serv. 48 98.0 1.9 0.8
71.12 : engin. & tech. consult. 66 104.1 0.0 0.2
77.40 : licensing services 146 110.9 0.3 6.3
Prices of services sold on all markets (BtoAll)
HN : all services 1000 102.2 –0.5 0.4
H : transport. and storage 200 104.0 –1.8 –1.0
I : accomodation and food 98 109.5 –3.8 1.4
J : information and comm. 208 93.7 0.9 1.1
L : real estate activities 113 105.0 –0.5 0.4
M : prof.. scient. and tech. 167 101.2 0.6 0.5
N : administ. and support 204 105.1 0.2 0.7
S95 : repair of computers and person. and household goods 11 107.0 0.6 –0.2
  • s: statistical confidentiality
  • Source: INSEE

Tableau3 – Measure of revision

in percentage point
Measure of revision
Services producer price indices 2015T03 / 2015T02
- services sold to all markets 0.1
- services sold to French businesses 0.1 (1)
- services sold to consumers in France –0.1
- export of services 0.8
  • (1) How to read it: the change in French business index between the second and the third quarter 2015 published at the end of November was –0.0%. It has been revised at +0.1%; that is to say a revision of +0.1 point.