In May 2016, the turnover recovered in wholesale trade and increased again in business servicesTurnover in the wholesale trade and business services - May 2016
In May 2016, the turnover recovered in wholesale trade, except for motor vehicles and motorcycles (+1.2% after -1.6%), in transportation and storage (+2.2% after -1.1%) and in information and communication (+2.1% after -1.2%). It increased again, with a more dynamic growth rate, in business support activities (+3.5%) and in real estate activities (+3.1%).
Every index in this issue is in value (tax excluded), seasonally and working day adjusted (SA-WDA). The commentary shows variations of subsections by decreasing contribution. The contribution of a subsection depends on the extent of the change and on its weight.
In May 2016, the turnover recovered in wholesale trade, except for motor vehicles and motorcycles (+1.2% after −1.6%), in transportation and storage (+2.2% after −1.1%) and in information and communication (+2.1% after −1.2%). It increased again, with a more dynamic growth rate, in business support activities (+3.5%) and in real estate activities (+3.1%).
Rebound in wholesale trade, except of motor vehicles and motorcycles
In Mai 2016, the turnover of the wholesale trade, except of motor vehicles and motorcycles rose (+1.2%) after a decline in April (−1.6%). It recovered sharply for wholesalers on a fee or contract basis (+6.0% after −2.6%) further to the business resumption of central purchasing bodies after the social movements and, to a lesser extent, for wholesalers of food, beverages and tobacco (+2.2% after −2.2%) and other specialised wholesale (+2.2% after −0.4%). By contrast, it decreased sharply for wholesalers of other machinery, equipment and supplies (−7.0% after +1.0%).
The turnover of the wholesale trade, except of motor vehicles and motorcycles sector was virtually stable over the last three months (−0.1%, T/T−1) and year on year (+0.1%, T/T−4).
Recovery in transportation and storage
In May, the turnover of transportation and storage recovered sharply (+2.2%) after two months of decline (−1.1% in April and −2.0% in March). This rebound was directed principally by land transport which resumed its growth sharply (+5.7%) after two months of sluggish activity ( −2.7% in April and −2.3% in March) and to a lesser extent in warehousing and support activities for transportation (+1.5%). By contrast, it fell back strongly in air transport (−9.7% after +0.9%).
The turnover of transportation and storage declined over the last three months (−0.6%) but increased over the year (+0.7%).
tableau Tab1_anglais – Variation of the turnover in the wholesale trade and business services
|Change in %|
|Nace classification||Weight||May/ April||April/March||q-o-q (1)||y-o-y (2)|
|46 Wholesale trade, except of motor vehicles and motorcycles||1000||1.2||–1.6||–0.1||0.1|
|H Transportation and storage||1000||2.2||–1.1||–0.6||0.7|
|J Information and communication||1000||2.1||–1.2||1.0||5.4|
|L Real estate activities||1000||3.1||1.1||0.4||3.7|
|M+N Business support activities||1000||3.5||0.9||–1.1||2.5|
|M Professional, scientific and technical activities||579||2.4||3.2||–2.2||2.0|
|N Administrative and support service activities||421||5.0||–2.1||0.4||3.1|
- (1) Quarter-on-quarter: last three months / previous three months
- (2) Year-on-year: last three months / same three months of previous year
- The codes correspond to different levels of aggregation of the NACE classification.
- Source: INSEE
Acceleration in real estate activities
The turnover of real estate activities ramped up in May (+3.1% after +1.1% in April). It increased slightly over the last three months (+0.4%, T/T−1) but sharply over the year (+3.7%, T/T−4).
Rebound in information and communication
The turnover in information and communication picked up in May (+2.1% after −1.2% in April). In particular, it advanced in computer programming, consultancy and related activities (+4.2%), in information service activities (+8.6%) and in publishing activities (+1.9%).
The turnover increased over the last three months (+1.0%) and strongly over the year (+5.4%).
Significant acceleration in business support activities
In May, the turnover of business support activities picked up sharply (+3.5% after +0.9% in April). It soared in administrative and support service activities (+5.0% after −2.1%), buoyed in particular by employment activities (+6.9%), by office administrative, office support and other business support activities (+4.6%), and by rental and leasing activities (+5.2%). The turnover in professional, scientific and technical activities rose also (+2.4%): it grew particularly in architectural and engineering activities (+4.0%), in advertising and market research (+5.1%), in activities of head offices and management consultancy activities (+1.0%) and in legal and accounting activities (+2.1%).
The turnover in business support activities dropped over the last three months (−1.1%, T/T−1) while it rose over the year (+2.5%, T/T−4).
The variation of turnover for April 2016 has been lowered by 0.3 points in the wholesale trade, except of motor vehicles and motorcycles and by 0.2 points in transportation and storage and in information and communication. It has been revised upwards by 0.3 points in real estate activities. It remained unchanged in business support activities. These revisions are due to of raw data and to the updating of the coefficients allowing the correction of seasonal variations and of working days (SA-WDA).
tableau Tab2_anglais – Variation of the turnover in the wholesale trade and business services
|Change in %|
|Nace Classification||Weight||May 2016||May/ April||April/March||q-o-q (1)|
|46 Wholesale trade, except of motor vehicles and motorcycles||1000||107.5||1.2||–1.6||–0.1|
|461 Wholesale on a fee or contract basis||152||119.1||6.0||–2.6||–0.2|
|462 Wholesale of agricultural raw materials and live animals||54||109.7||0.8||–2.7||–1.7|
|463 Wholesale of food, beverages and tobacco||170||112.7||2.2||–2.2||–0.6|
|464 Wholesale of household goods||207||106.0||1.4||–2.2||–0.5|
|465 Wholesale of information and communication equipment||61||102.1||–0.2||–0.6||0.6|
|466 Wholesale of other machinery, equipment and supplies||125||109.2||–7.0||1.0||1.3|
|467 Other specialised wholesale||197||92.1||2.2||–0.4||–0.2|
|469 Non specialised wholesale trade||34||131.4||1.8||–4.6||2.4|
|H Transportation and storage||1000||114.6||2.2||–1.1||–0.6|
|49 Land transport and transport via pipelines||407||119.0||5.7||–2.7||–0.3|
|50 Water transport||73||126.4||–1.3||–1.0||–2.1|
|51 Air transport||91||91.2||–9.7||0.9||–1.9|
|52 Warehousing and support activities for transportation||360||116.4||1.5||0.5||–0.5|
|53 Postal and courier activities||69||96.7||3.4||–2.8||–0.4|
|J Information and communication||1000||117.3||2.1||–1.2||1.0|
|58 Publishing activities||158||111.3||1.9||0.7||4.4|
|59 Motion picture, video and television programme production…||76||109.1||1.0||–3.0||0.3|
|60 Programming and broadcasting activities||61||112.6||1.3||–0.4||1.4|
|62 Computer programming, consultancy and related activities||251||131.8||4.2||–3.0||0.6|
|63 Information service activities||58||146.0||8.6||–1.4||2.9|
|L Real estate activities||1000||113.4||3.1||1.1||0.4|
|681 Buying and selling of own real estate||96||125.2||4.9||0.2||3.0|
|682 Renting and operating of own or leased real estate||691||111.9||3.6||1.7||–0.2|
|683 Real estate activities on a fee or contract basis||213||114.1||0.2||–0.6||1.5|
|M+N Business support activities||1000||124.9||3.5||0.9||–1.1|
|M Professional, scientific and technical activities||579||121.8||2.4||3.2||–2.2|
|69 Legal and accounting activities||90||119.8||2.1||–1.6||0.8|
|70 Activities of head offices…||219||123.7||1.0||9.3||–4.8|
|71 Architectural and engineering activities…||151||119.6||4.0||–1.6||–2.1|
|72 Scientific research and development||26||111.5||1.5||0.6||1.3|
|73 Advertising and market research||68||110.5||5.1||–0.4||–1.1|
|74 Other professional, scientific and technical activities||19||170.0||4.8||2.6||6.5|
|75 Veterinary activities||6||128.2||0.1||–0.3||0.5|
|N Administrative and support service activities||421||129.4||5.0||–2.1||0.4|
|77 Rental and leasing activities||98||122.1||5.2||0.1||0.0|
|78 Employment activities||80||137.9||6.9||–4.0||2.8|
|79 Travel agency, tour operator…||42||119.8||4.7||–4.7||–1.8|
|80 Security and investigation activities||21||132.1||4.6||–3.4||0.0|
|81 Services to buildings and landscape activities||50||121.9||2.7||–0.9||–1.4|
|82 Office administrative, office support and other business support activities||131||136.9||4.6||–2.4||0.7|
- (1) Quarter-on-quarter: last three months / previous three months.
- Source: INSEE