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%).

Graph1_anglais – Wholesale trade and business services

  • Source : INSEE

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%).

Tab1_anglais – Variation of the turnover in the wholesale trade and business services

SA-WDA value, Base year 2010
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).

Revisions

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).

Tab2_anglais – Variation of the turnover in the wholesale trade and business services

SA-WDA value, Base year 2010
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
61 Telecommunications 396 108.6 –0.2 –0.2 –0.2
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