30 November 2016
2016- n° 314In Q3 2016, producer prices of services sold to French businesses fell back by 0.2% Services producer price indices - third quarter 2016
In the third quarter of 2016, producer prices of services sold to French businesses fell back (−0.2% after +0.4%). Year over year, they slowed down (+0.2% after +0.5% in the previous quarter).
- SPPI, production sold to French businesses
- Decline in prices for scientific and technical services, information-communication services and accommodation-food services
- Virtual stability in prices for administrative and support services
- Rise in prices for transport and storage services and for real estate activities
- SPPI, production sold to households in France
- SPPI, production sold on foreign markets
- SPPI (all markets)
SPPI, production sold to French businesses
In the third quarter of 2016, producer prices of services sold to French businesses fell back (−0.2% after +0.4%). Year over year, they slowed down (+0.2% after +0.5% in the previous quarter).
Decline in prices for scientific and technical services, information-communication services and accommodation-food services
Prices for scientific and technical services went down (−1.2% after 0.0%). This decline is mainly due to the fall in prices for architectural and engineering services (−1.3% after +0.1%). Information-communication prices fell back too (−0.7% after +0.4%). Prices for accomodation-food services shrank (−1.0% after +3,3%), due to the seasonal fall in prices for hotel and similar accommodation services aimed to professionnals (−5.9% after +8.2%).
Virtual stability in prices for administrative and support services
Prices for administrative and support services were virtually stable (+0.1% after +0.2%). The seasonal increase in prices for travel agency and tour operator services continued. It was partially offset by the slight decrease in prices for office administrative and office support services (−0.2% after 0.0%). Prices for rental and leasing services and for employment services were virtually stable (−0.1%).
Rise in prices for transport and storage services and for real estate activities
Prices for transport and storage services went up for the second consecutive quarter (+0.5% as in the second quarter). Prices for real estate activities sped up (+1.0% after 0.0%) due to the rebound in prices for renting and operating services of real estate (+1.2% after −0.2%).
SPPI, production sold to households in France
Producer prices of services sold to households in France gained pace in the third quarter (+1.5% after +0.4%). This acceleration is mainly due to transport and storage services (+2.9%; −1.0% year over year). It is also the result of the seasonal rise in accomodation-food services (+2.5%; −0.2% year over year).
SPPI, production sold on foreign markets
Producer prices of services sold on foreign markets accelerated in the third quarter (+0.7% after +0.1%), mainly due to transportation and storage services (+2.1% after +0.4%). Prices for administrative and support services recovered (+0.5% after −0.3%) while prices for information-communication services decreased (−0.5% after 0.0%).
SPPI (all markets)
In the third quarter of 2016, on all markets, producer prices of services increased again compared to the previous quarter (+0.3% after +0.4%). Year over year, they were stable.
graphiqueGraphique1 – Producer price indices for all services
- Source: INSEE
graphiqueGraphique2 – Producer price indices of services sold to French businesses
- Source: INSEE
graphiqueGraphique3 – Services producer price indices, all markets
- Source: INSEE
tableauTableau1 – Services producer price indices, by sector
| Sections and choices of | Weight | Indices | Change in % | |
|---|---|---|---|---|
| levels in NAF rev.2 | 2016T03 | Q/Q-1 | Q/Q-4 | |
| Prices of services sold to French businesses (BtoB) | ||||
| HN : all services | 1000 | 102.4 | –0.2 | 0.2 |
| H : transport. and storage | 110 | 106.7 | 0.5 | 0.0 |
| 49 : land and pipeline transport | 49 | 105.1 | 0.1 | –0.4 |
| 52 : warehousing and auxiliary services for transport | 44 | 106.6 | –0.3 | 0.4 |
| I : accommodation and food | 26 | 112.9 | –1.0 | –0.5 |
| J : information and communic. | 137 | 94.5 | –0.7 | 0.0 |
| 62 : IT services | 53 | 102.1 | 0.0 | 0.4 |
| L : real estate activities | 63 | 104.4 | 1.0 | 1.2 |
| M : prof., scient. and tech. | 527 | 100.8 | –1.2 | 0.7 |
| 69 : Legal and accounting services | 28 | 103.8 | –1.0 | –1.2 |
| 70 : activities of head offices and management consulting services | 26 | 103.6 | –1.0 | –0.6 |
| 71 : Architectural and engineering services | 449 | 100.0 | –1.3 | 2.0 |
| 73 : Advertising and market research services | 15 | 95.2 | –2.0 | 0.5 |
| N : administ. and support serv. | 131 | 105.3 | 0.1 | 0.6 |
| 77 : renting & leasing services | 37 | 99.4 | –0.1 | 0.0 |
| 78 : employment services | 30 | 107.8 | –0.1 | 0.5 |
| 82 : Office administrative and support services | 33 | 107.3 | –0.2 | 0.8 |
| Prices of services sold to households in France (BtoC) | ||||
| HN : all services | 1000 | 106.7 | 1.5 | –0.1 |
| H : transport. and storage | 151 | 110.3 | 2.9 | –1.0 |
| I : accommodation and food | 258 | 115.7 | 2.5 | –0.2 |
| J : information and communic. | 184 | 91.1 | 0.1 | 1.0 |
| L : real estate activities | 284 | 107.8 | 1.3 | 0.4 |
| M : prof., scient. and tech. | 69 | 101.9 | 0.0 | –1.2 |
| N : administ. and support serv. | 40 | 98.7 | 0.2 | –0.6 |
| Export prices of services (BtoE) | ||||
| HN : all services | 1000 | 96.5 | 0.7 | –1.2 |
| H : transport. and storage | 315 | 93.0 | 2.1 | –3.2 |
| J : information and communic. | 155 | 80.9 | –0.5 | –3.4 |
| M : prof., scient. and tech. | 225 | 101.2 | 0.0 | 0.2 |
| N : administ. and support serv. | 296 | 104.8 | 0.5 | 0.5 |
| Prices of services sold on all markets (BtoAll) | ||||
| HN : all services | 1000 | 103.1 | 0.3 | 0.0 |
| H : transport. and storage | 134 | 105.3 | 1.3 | –0.8 |
| I : accommodation and food | 66 | 114.8 | 1.4 | –1.4 |
| J : information and communic. | 147 | 93.2 | –0.5 | –0.1 |
| L : real estate activities | 98 | 106.1 | 1.1 | 0.8 |
| M : scient. and tech. services | 421 | 101.1 | –0.9 | 0.5 |
| N : administ. and support serv. | 127 | 105.3 | 0.2 | 0.5 |
- s: statistical confidentiality
- BtoB: business to business
- BtoC: business to consumer
- BtoE: business to exports
- BtoAll: business to all
- Source: INSEE
tableauTableau3 – Revision of variations
| Services producer price indices | 2016T02 / 2016T01 |
|---|---|
| - services sold to all markets | 0.2 |
| - services sold to French businesses | 0.2 |
| - services sold to consumers in France | // |
| - export of services | // |
- How to read it : the change in the services price index for services sold to French businesses between the first quarter 2016 and the second quarter 2016 published at the end of August 2016 was +0.2%. It has been revised at +0.4%; that is to say a revision of +0.2 points.
- Source: INSEE
Documentation
Simplified methodology (pdf,134 Ko)
Pour en savoir plus
Time series : Services producer price indices
