In Q2 2016, producer prices of services sold to French businesses rebounded slightlyServices producer price indices - 2nd Quarter 2016

In the second quarter of 2016, producer prices of services sold to French businesses rebounded slightly (+0.2% following -0.2%).

SPPI, production sold to French businesses

In the second quarter of 2016, producer prices of services sold to French businesses rebounded slightly (+0.2% following −0.2%).

Rise in prices for transportation-storage, accommodation-food, information-communication and administrative and support services

In the second quarter of 2016, prices for transportation-storage services recovered (+0.4% after −0.3%), driven up by prices for land and pipeline transport (+0.5%). Prices for accommodation and food services advanced (+0.6%), mainly due to the seasonal rise in accommodation prices (+1.3%). Prices for information-communication rebounded (+0.4% after −0.6%), driven up by prices for programming broadcasting services (+3.6%). Finally, prices for administrative and support services grew slightly (+0.2%), due to the strong seasonal increase in prices for travel agency and tour operator services (+5.3%).

Virtual stability in prices for scientific and technical services

Prices for scientific and technical services were almost unchanged (+0.1% after −0.1% in the first quarter 2016). Prices of architectural and engineering services were virtually stable (+0.1%) as those of activities of head offices and management consulting. Moreover, the decrease of prices for legal and accounting services (−0.4%) was offset by the increase in advertising and market research services (+0.9%).

Slight fall in prices real estate activities

Prices for real estate activities fell slightly in the second quarter (–0.2% after −0.1%), especially renting and operating services of real estate (−0.3%).

SPPI, production sold to households in France

Producer prices of services sold to households in France increased for the second consecutive quarter (+0.4% following +0.2%), driven up by the rise in prices for transportation-storage, accommodation-food services and real estate activities (all three of them at +0.5%). However, prices for scientific and technical services fell again (−0.6%), as in the first quarter.

SPPI, production sold on foreign markets

Producer prices of services sold on foreign markets were almost unchanged in the second quarter (+0.1% after −0.7%). The rise in prices for transportation-storage (+0.4%), mainly due to higher tariffs in air transportation (+1.5%), was almost offset by the decline in prices for administrative and support services (−0.4%). Export prices for other services were stable.

SPPI (all markets)

In the second quarter of 2016, on all markets, services producer prices increased by +0.2% compared to the previous quarter. Year over year, they rose by 0.3%.

Graphique1 – Producer price indices for all services

  • Source: INSEE

Graphique3 – Services producer price indices, all markets

  • Source: INSEE

Graphique2 – Producer price indices of services sold to French businesses

  • Source: INSEE

Tableau1 – Services producer price indices, by sector:

reference year: 2010
Services producer price indices, by sector:
Sections and choices of Weight Indices Change in %
levels in NAF rev.2 2016T02 Q/Q-1 Q/Q-4
Prices of services sold to French businesses (BtoB)
HN : all services 1000 102.5 0.2 0.4
H : transport. and storage 110 106.0 0.4 –0.7
49 : land and pipeline transport 49 104.7 0.5 –1.2
52 : warehousing and auxiliary services for transport 44 106.7 –0.1 0.0
I : accommodation and food 26 112.7 0.6 2.5
J : information and communic. 137 95.3 0.4 0.7
62 : IT services 53 102.1 0.2 0.5
L : real estate activities 63 103.2 –0.2 –0.2
M : prof., scient. and tech. 527 102.2 0.1 2.0
69 : Legal and accounting services 28 104.9 –0.4 –0.4
70 : activities of head offices and management consulting services 26 104.6 0.1 0.2
71 : Architectural and engineering services 449 101.3 0.1 3.9
73 : Advertising and market research services 15 97.7 0.9 0.8
N : administ. and support serv. 131 105.1 0.2 0.3
77 : renting & leasing services 37 99.0 –0.3 –0.6
78 : employment services 30 107.9 0.0 0.0
82 : Office administrative and support services 33 107.4 0.1 0.1
Prices of services sold to households in France (BtoC)
HN : all services 1000 105.1 0.4 0.3
H : transport. and storage 151 107.2 0.5 –1.6
I : accommodation and food 258 112.9 0.5 1.3
J : information and communic. 184 91.0 0.1 1.1
L : real estate activities 284 106.4 0.5 0.6
M : prof., scient. and tech. 69 101.8 –0.6 –1.0
N : administ. and support serv. 40 98.5 0.0 –0.2
Export prices of services (BtoE)
HN : all services 1000 95.9 0.1 –0.9
H : transport. and storage 315 91.5 0.4 –3.5
J : information and communic. 155 81.4 0.0 2.4
M : prof., scient. and tech. 225 101.4 0.0 0.5
N : administ. and support serv. 296 104.1 –0.4 –1.0
Prices of services sold on all markets (BtoAll)
HN : all services 1000 102.7 0.2 0.3
H : transport. and storage 134 104.0 0.5 –1.3
I : accommodation and food 66 112.8 0.6 1.0
J : information and communic. 147 93.8 0.3 0.9
L : real estate activities 98 104.8 0.1 0.2
M : scient. and tech. services 421 102.2 0.0 1.6
N : administ. and support serv. 127 105.0 0.1 0.1
  • s: statistical confidentiality
  • BtoB: business to business
  • BtoC: business to consumer
  • BtoE: business to exports
  • BtoAll: business to all
  • Source: INSEE

Tableau3 – Revision of variations

in percentage points
Revision of variations
Services producer price indices 2016T01 / 2015T04
- services sold to all markets //
- services sold to French businesses −0.1
- services sold to consumers in France –0.1
- export of services //
  • How to read it : the change in the services price index for services sold to French businesses between the fourth quarter 2015 and the first quarter 2016 published at the end of May was −0.1%. It has been revised at −0.2%; that is to say a revision of −0.1 points
  • Source: INSEE.