In July 2016, the turnover fell again in business services and in wholesale tradeTurnover in the wholesale trade and business services - July 2016

In July 2016, the turnover continued to decline in business support activities (-4.1%), in wholesale trade, except of motor vehicles and motorcycles (-1.4%), in real estate activities (-1.4%), in transportation and storage (-0.3%) and in information and communication (-0.2%).

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 July 2016, the turnover continued to decline in business support activities (−4.1%), in wholesale trade, except of motor vehicles and motorcycles (−1.4%), in real estate activities (−1.4%), in transportation and storage (−0.3%) and in information and communication (−0.2%).

Graph1_anglais – Wholesale trade and business services

  • Source: INSEE

Further fall in wholesale trade, except of motor vehicles and motorcycles

In July 2016, the turnover of the wholesale trade, except of motor vehicles and motorcycles shrank (−1.4%) more significantly than in June (−0.8%). It fell back sharply for wholesalers of household goods (−2.7% after +0.4%) and for wholesalers of other machinery, equipment and supplies (−3.3% after +1.4%). It declined again nearly as in June for other specialised wholesalers (−1.5%) and at a much moderate pace for wholesalers on a fee or contract basis (−0.2% after −4.5% in June).

The turnover of the wholesale trade, except of motor vehicles and motorcycles sector decreased over the last three months (−0.4% q-o-q) and year-on-year (−0.6% y-o-y).

Significant deterioration again in business support activities

In July, the turnover of business support activities dropped even more sharply than in June (−4.1% after −2.7%). It shrank more strongly in professional, scientific and technical activities (−5.2% after −2.2%), particularly in activities of head offices and management consultancy activities (−6.5%) and architectural and engineering activities (−7.2%). On the contrary, it bounced back in the only sector of business support services on the rise in July: advertising and market research (+2.9% after −4.4%).

The turnover of administrative and support service activities also decreased again (−2.7% after −3.5%). It fell in all the subsectors, particularly in office administrative, office support and other business support activities (−4.8%) and in employment activities (−2.4%).

The turnover in business support activities decreased slightly over the last three months (−0.2% q-o-q) but rose over the year (+1.0% y-o-y).

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 July/ June June/May q-o-q (1) y-o-y (2)
46 Wholesale trade, except of motor vehicles and motorcycles 1000 –1.4 –0.8 –0.4 –0.6
H Transportation and storage 1000 –0.3 –2.1 –0.6 –0.3
J Information and communication 1000 –0.2 –1.6 0.3 4.8
L Real estate activities 1000 –1.4 –1.4 2.7 5.5
M+N Business support activities 1000 –4.1 –2.7 –0.2 1.0
M Professional, scientific and technical activities 579 –5.2 –2.2 –0.6 –0.1
N Administrative and support service activities 421 –2.7 –3.5 0.3 2.5
  • (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

Slight decline in transportation and storage

In July, the turnover of transportation and storage continued went down but not as markedly as in June (−0.3% after −2.1%). It slipped back sharply in water transport (−3.9% after +4.3%) and in postal and courier activities (−3.5% after +0.1%). By contrast, the turnover bounced back in warehousing and support activities for transportation (+0.9% after −1.6%).

The turnover of transportation and storage shrank over the last three months (−0.6% q-o-q) and over the year (+0.3% y-o-y).

Further fall in real estate activities

The turnover of real estate activities dipped again in July (−1.4% after −1.4% in June). It rose sharply over the last three months (+2.7% q-o-q) and over the year (+5.5% y-o-y).

Slight decrease in information and communication

The turnover in information and communication slid slightly in July (−0.2%) after a marked downturn in June (−1.6%). It decreased markedly in computer programming, consultancy and related activities (−3.1%) and fell back slightly in telecommunications (−0.4%). By contrast, it bounced back in all other sectors related to information and communication: motion picture, video and television programme production, sound recording and music publishing activities (+3.9%), programming and broadcasting activities (+3.4%), information service activities (+3.4%) and publishing activities (+1.2%).

The turnover in information and communication increased slightly over the last three months (+0.3%) and sharply over the year (+4.8%).

Revisions

The variation in the turnover for June 2016 has been lowered by 0.6 points in business support activities, by 0.3 points in transportation and storage and by 0.2 points in the wholesale trade, except of motor vehicles and motorcycles, in information and communication and in real estate activities. These revisions are due to the updating of the coefficients used for the seasonal and working-day adjustment (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 July 2016 July/ June June/May q-o-q (1)
46 Wholesale trade, except of motor vehicles and motorcycles 1000 105.3 –1.4 –0.8 –0.4
461 Wholesale on a fee or contract basis 152 114.6 –0.2 –4.5 2.3
462 Wholesale of agricultural raw materials and live animals 54 103.7 –4.2 –0.5 –3.2
463 Wholesale of food. beverages and tobacco 170 111.6 0.4 –0.9 –0.4
464 Wholesale of household goods 207 103.2 –2.7 0.4 –0.6
465 Wholesale of information and communication equipment 61 105.0 –0.1 2.2 1.9
466 Wholesale of other machinery. equipment and supplies 125 108.3 –3.3 1.4 –4.8
467 Other specialised wholesale 197 89.9 –1.5 –1.4 1.1
469 Non specialised wholesale trade 34 130.7 –0.7 0.6 –0.3
H Transportation and storage 1000 111.8 –0.3 –2.1 –0.6
49 Land transport and transport via pipelines 407 112.8 –0.1 –4.7 –0.5
50 Water transport 73 124.5 –3.9 4.3 –1.1
51 Air transport 91 93.9 –1.3 3.0 –6.0
52 Warehousing and support activities for transportation 360 115.8 0.9 –1.6 0.3
53 Postal and courier activities 69 94.0 –3.5 0.1 0.7
J Information and communication 1000 114.6 –0.2 –1.6 0.3
58 Publishing activities 158 106.6 1.2 –2.8 0.3
59 Motion picture. video and television programme production… 76 106.8 3.9 –5.1 –2.8
60 Programming and broadcasting activities 61 113.9 3.4 –1.9 1.6
61 Telecommunications 396 108.7 –0.4 1.3 –0.2
62 Computer programming. consultancy and related activities 251 125.8 –3.1 –2.2 1.1
63 Information service activities 58 138.6 3.4 –7.6 2.3
L Real estate activities 1000 110.6 –1.4 –1.4 2.7
681 Buying and selling of own real estate 96 119.0 –0.6 –6.8 2.1
682 Renting and operating of own or leased real estate 691 109.8 –0.5 –1.6 3.8
683 Real estate activities on a fee or contract basis 213 110.1 –5.2 2.1 –1.3
M+N Business support activities 1000 116.3 –4.1 –2.7 –0.2
M Professional. scientific and technical activities 579 112.4 –5.2 –2.2 –0.6
69 Legal and accounting activities 90 116.0 –0.8 –1.8 –1.0
70 Activities of head offices… 219 112.5 –6.5 –2.4 –0.4
71 Architectural and engineering activities… 151 108.1 –7.2 –2.6 –2.0
72 Scientific research and development 26 112.0 –9.5 9.5 6.7
73 Advertising and market research 68 107.2 2.9 –4.4 0.3
74 Other professional. scientific and technical activities 19 140.3 –11.7 –4.6 –1.0
75 Veterinary activities 6 124.1 –3.0 0.1 –1.4
N Administrative and support service activities 421 121.7 –2.7 –3.5 0.3
77 Rental and leasing activities 98 117.2 –1.1 –3.9 2.5
78 Employment activities 80 127.9 –2.4 –4.5 0.2
79 Travel agency. tour operator… 42 116.8 –0.9 –1.2 –0.8
80 Security and investigation activities 21 127.0 –1.1 –2.5 –1.0
81 Services to buildings and landscape activities 50 114.9 –3.2 –3.0 –1.6
82 Office administrative. office support and other business support activities 131 125.8 –4.8 –3.4 –0.5
  • (1) Quarter-on-quarter: last three months / previous three months.
  • Source: INSEE