In August 2016, the turnover recovered in business services and in wholesale tradeTurnover in the wholesale trade and business services - August 2016
In August 2016, the turnover bounced back sharply in business support activities (+6.6% after −3.2%), in wholesale trade, except of motor vehicles and motorcycles (+1.6% after −1.2%), in transportation and storage (+ 3.6% after −0.3%) and in real estate activities (+3.2% after −0.3%) . It rose again in information and communication (+1.2% after +1.6%).
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 August 2016, the turnover bounced back sharply in business support activities (+6.6% after −3.2%), in wholesale trade, except of motor vehicles and motorcycles (+1.6% after −1.2%), in transportation and storage (+3.6% after −0.3%) and in real estate activities (+3.2% after −0.3%). It rose again in information and communication (+1.2% after +1.6%).
Considerable upturn in business support activities
In August, the turnover of business support activities recovered vigorously after a significant fall in July (+6.6% after −3.2%). All subsectors bounced back. The turnover picked up dramatically in professional, scientific and technical activities (+8.1% after −4.7%), particularly in activities of head offices and management consultancy activities (+11.9%) and architectural and engineering activities (+9.2%). It recovered also in administrative and support service activities (+4.8% after −1.2%), more markedly in office administrative, office support and other business support activities (+7.5%), in employment activities (+5.7%) and in services to buildings and landscape activities (+8.5%).
The turnover in business support activities increased slightly over the last three months (+0.3% q-o-q) and more significantly over a year (+1.5% y-o-y).
Rebound in wholesale trade, except of motor vehicles and motorcycles
In August 2016, the turnover of wholesale trade, except of motor vehicles and motorcycles recovered (+1.6% after −1.2% in July and −0.4% in June), reaching the same level as in May. It bounced back notably for wholesalers of household goods (+2.9%) and for wholesalers of other machinery, equipment and supplies (+3.0%). It rose also for wholesalers on a fee or contract basis (+2.6%). By contrast, it declined for wholesalers of information and communication equipment (−1.4%).
The turnover of the wholesale trade, except of motor vehicles and motorcycles sector decreased slightly over the last three months (−0.3% q-o-q) and year-on-year (−0.5% y-o-y).
tableau Tab1_anglais – Variation of the turnover in the wholesale trade and business services
|Change in %|
|Nace classification||Weight||Aug./July||July/ June||q-o-q (1)||y-o-y (2)|
|46 Wholesale trade, except of motor vehicles and motorcycles||1000||1.6||−1.2||−0.3||−0.5|
|H Transportation and storage||1000||3.6||−0.3||0.3||−0.1|
|J Information and communication||1000||1.2||1.6||0.7||5.3|
|L Real estate activities||1000||3.2||−0.3||2.2||5.3|
|M+N Business support activities||1000||6.6||−3.2||0.3||1.5|
|M Professional, scientific and technical activities||579||8.1||−4.7||0.6||1.0|
|N Administrative and support service activities||421||4.8||−1.2||−0.1||2.2|
- (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
Sharp increase in transportation and storage
In August, the turnover of transportation and storage rose markedly (+3.6%) after a slight fall in July (−0.3%). The turnover increased in all sectors, particularly in land transport (+5.4%) and warehousing and support activities for transportation (+2.5%).
The turnover of transportation and storage rose slightly over the last three months (+0.3% q-o-q) and was almost unchanged over a year (−0.1% y-o-y).
Marked growth in real estate activities
The turnover of real estate activities expanded sharply in August (+3.2%) after edging down in July (−0.3%). It rose markedly over the last three months (+2.2% q-o-q) and over a year (+5.3% y-o-y).
Further increase in information and communication
The turnover in information and communication rose again in August (+1.2% after +1.6% in July). It grew significantly in computer programming, consultancy and related activities (+2.9%), publishing activities (+2.8%) and motion picture, video and television programme production, sound recording and music publishing activities (+3.1%). By contrast, it fell back considerably in programming and broadcasting activities (−7.5%).
The turnover in information and communication increased over the last three months (+0.7%) and sharply over the year (+5.3%).
The variation in the turnover for July 2016 has been revised upwards by 1.8 points in information and communication, by 1.1 points in real estate activities, by 0.9 points in business support activities and by 0.2 points in the wholesale trade, except of motor vehicles and motorcycles. It was unchanged in transportation and storage. These revisions are sharper than usual. They are due to adjustments related to time lags in VAT returns in July and August and to the updating of the coefficients used for the seasonal and working-day adjustment (SA-WDA).
tableau Tab2_anglais – Variation of the turnover in the wholesale trade and business services
|Change in %|
|Nace Classification||Weight||Aug. 2016||Aug./July||July/ June||q-o-q (1)|
|46 Wholesale trade, except of motor vehicles and motorcycles||1000||107.7||1.6||−1.2||−0.3|
|461 Wholesale on a fee or contract basis||152||119.1||2.6||0.0||0.6|
|462 Wholesale of agricultural raw materials and live animals||54||105.7||2.4||−5.1||−3.5|
|463 Wholesale of food, beverages and tobacco||170||113.9||0.9||1.3||1.0|
|464 Wholesale of household goods||207||106.6||2.9||−2.9||−0.1|
|465 Wholesale of information and communication equipment||61||104.1||−1.4||0.0||2.2|
|466 Wholesale of other machinery, equipment and supplies||125||111.4||3.0||−3.0||−3.5|
|467 Other specialised wholesale||197||90.4||0.2||−0.8||0.1|
|469 Non specialised wholesale trade||34||131.3||−0.2||−0.8||−0.1|
|H Transportation and storage||1000||116.1||3.6||−0.3||0.3|
|49 Land transport and transport via pipelines||407||119.7||5.4||0.1||0.1|
|50 Water transport||73||125.4||2.1||−4.3||0.4|
|51 Air transport||91||95.7||2.2||−1.6||−2.5|
|52 Warehousing and support activities for transportation||360||119.1||2.5||0.8||1.3|
|53 Postal and courier activities||69||95.4||1.6||−3.4||−0.5|
|J Information and communication||1000||118.1||1.2||1.6||0.7|
|58 Publishing activities||158||110.5||2.8||1.8||0.3|
|59 Motion picture, video and television programme production…||76||113.4||3.1||10.4||−2.1|
|60 Programming and broadcasting activities||61||104.4||−7.5||3.1||−1.9|
|62 Computer programming, consultancy and related activities||251||133.1||2.9||−1.0||1.4|
|63 Information service activities||58||145.5||2.0||7.0||0.1|
|L Real estate activities||1000||116.3||3.2||−0.3||2.2|
|681 Buying and selling of own real estate||96||124.0||−1.9||3.7||0.4|
|682 Renting and operating of own or leased real estate||691||114.6||2.9||0.3||2.7|
|683 Real estate activities on a fee or contract basis||213||119.8||6.9||−4.0||1.3|
|M+N Business support activities||1000||126.1||6.6||−3.2||0.3|
|M Professional, scientific and technical activities||579||123.6||8.1||−4.7||0.6|
|69 Legal and accounting activities||90||119.3||1.9||−0.1||−0.6|
|70 Activities of head offices…||219||127.0||11.9||−7.8||0.8|
|71 Architectural and engineering activities…||151||121.5||9.2||−5.0||0.2|
|72 Scientific research and development||26||115.9||2.7||−8.9||5.5|
|73 Advertising and market research||68||109.6||1.5||3.6||0.9|
|74 Other professional, scientific and technical activities||19||169.9||8.4||−2.6||0.3|
|75 Veterinary activities||6||133.8||7.3||−3.2||0.5|
|N Administrative and support service activities||421||129.5||4.8||−1.2||−0.1|
|77 Rental and leasing activities||98||123.3||0.5||4.5||2.6|
|78 Employment activities||80||136.7||5.7||−1.9||−0.6|
|79 Travel agency, tour operator…||42||121.9||4.0||−1.8||0.5|
|80 Security and investigation activities||21||134.1||3.1||0.5||0.9|
|81 Services to buildings and landscape activities||50||125.4||8.5||−3.2||−0.3|
|82 Office administrative, office support and other business support activities||131||134.4||7.5||−5.3||−2.3|
- (1) Quarter-on-quarter: last three months / previous three months.
- Source: INSEE