In September 2016, the turnover fell back in business services and in wholesale tradeTurnover in the wholesale trade and business services - September 2016

After a very dynamic growth in August, 2016, the turnover fell strongly back in September in transportation and storage (−5 .4% after +3.9%), in business support activities (−2.6% after +7.1%) and more moderately in wholesale trade, except of motor vehicles and motorcycles (−0.3% after +1.7%), in information and communication (−0.6% after +1.1%) and in real estate activities (−0.7% after +4.2%) .

Publications for experts
Informations rapides – No 316
Paru le : 11/30/2016

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.

After a very dynamic growth in August, 2016, the turnover fell strongly back in September in transportation and storage (−5.4% after +3.9%), in business support activities (−2.6% after +7.1%) and more moderately in wholesale trade, except of motor vehicles and motorcycles (−0.3% after +1.7%), in information and communication (−0.6% after +1.1%) and in real estate activities (−0.7% after +4.2%).

Graph1 – Wholesale trade and business services

  • Source: INSEE

Sharp downturn in transportation and storage

In September, the turnover of transportation and storage fell back sharply (−5.4%) after a rebound in August (+3.9%). The turnover decreased in all sectors, particularly in warehousing and support activities for transportation (−5.9% after +2.4%), land transport (−4.3% after +5.4%) and water transport (−18.2% after +2.4%).

The turnover of transportation and storage declined over the third quarter (−0.5% q-o-q) and over a year (−1.5% y-o-y).

Downturn in business support activities

In September, the turnover of business support activities shrank (−2.6%) after a significant rebound in August (+7.1%). It slipped back sharply in professional, scientific and technical activities (−2.7% after +8.9%), particularly in activities of head offices and management consultancy activities (−4.9% after +13.6%) and architectural and engineering activities (−2.4% after +9.9%). It also declined in administrative and support service activities (−2.6% after +4.7%), particularly in office administrative, office support and other business support activities (−3.3% after +7.4%) and in rental and leasing activities (−2.1% after +0.3%).

The turnover in business support activities was almost unchanged over the last three months (+0.1% q-o-q) and rose over a year (+1.6% y-o-y).

Table1 – 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 Sept./Aug. Aug./July q-o-q (1) y-o-y (2)
46 Wholesale trade, except of motor vehicles and motorcycles 1000 −0.3 1.7 −0.1 0.1
H Transportation and storage 1000 −5.4 3.9 −0.5 −1.5
J Information and communication 1000 −0.6 1.1 1.6 5.7
L Real estate activities 1000 −0.7 4.2 1.7 4.6
M+N Business support activities 1000 −2.6 7.1 0.1 1.6
M Professional, scientific and technical activities 585 −2.7 8.9 −0.1 1.3
N Administrative and support service activities 415 −2.6 4.7 0.4 2.0
  • (1) Quarter-on-quarter: last three months / previous three months
  • (2) Year-on-year: last three months / same three months of the previous year
  • The codes correspond to different levels of aggregation of the NACE classification.
  • Source: INSEE

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

In September, the turnover of wholesale trade, except of motor vehicles and motorcycles decreased slightly (−0.3% after +1.7%). It fell back notably for wholesalers on a fee or contract basis (−1.0% after +3.4%), for wholesalers of other machinery, equipment and supplies (−0.8% after +2.9%) and other specialised wholesalers (−0.5% after +0.4%). By contrast, it grew again for wholesalers of food, beerages and tobacco (+0.4% after +0.9%) and for wholesalers of agricultural raw materials et live animals (+0.8% after +3.4%).

The turnover of the wholesale trade, except of motor vehicles and motorcycles sector was almost unchanged over the last quarter (−0.1% q-o-q) and year-on-year (+0.1% y-o-y).

Downturn in information and communication

The turnover in information and communication fell back in September (−0.6% after +1.1%), even though it bounced back in programming and broadcasting activities (+7.1% after −7.0%) and kept on increasing in motion picture, video and television programme production, sound recording and music publishing activities (+0.6% after +2.4%). It fell in publishing activities (−2.3% after +3.4%), telecommunications (−0.8% after −0.5%), information service activities (−5.1% after +2.4%) and computer programming, consultancy and related activities (−0.4% after +3.0%)

The turnover in information and communication increased over the last three months (+1.6%) and sharply over the year (+5.7%).

Fall in real estate activities

The turnover of real estate activities fell back in September (−0.7%) after a sharp rise in August (+4.2%). It rose markedly over the third quarter (+1.7% q-o-q) and over a year (+4.6% y-o-y).

Revisions

The variation in the turnover for August 2016 has been revised upwards by 1.0 points in real estate activities, by 0.5 points in business support activities, by 0.3 points in transportation and storage and by 0.1 points in the wholesale trade, except of motor vehicles and motorcycles. It was revised downwards by 0.1 points in information and communication. These revisions are due to those of raw data (integration of late declarations from businesses, changes of sector), 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).

Table2 – 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 Sept. 2016 Sept./Aug. Aug./July q-o-q (1)
46 Wholesale trade, except of motor vehicles and motorcycles 1000 107.4 −0.3 1.7 −0.1
461 Wholesale on a fee or contract basis 151 118.0 −1.0 3.4 0.5
462 Wholesale of agricultural raw materials and live animals 55 107.4 0.8 3.4 −3.0
463 Wholesale of food, beverages and tobacco 173 115.0 0.4 0.9 2.4
464 Wholesale of household goods 208 106.3 −0.2 2.4 −0.2
465 Wholesale of information and communication equipment 61 102.8 −1.1 −1.4 0.5
466 Wholesale of other machinery, equipment and supplies 126 110.3 −0.8 2.9 −2.6
467 Other specialised wholesale 198 89.9 −0.5 0.4 −0.8
469 Non specialised wholesale trade 28 131.8 1.6 0.0 0.7
H Transportation and storage 1000 109.5 −5.4 3.9 −0.5
49 Land transport and transport via pipelines 410 114.5 −4.3 5.4 1.0
50 Water transport 69 96.5 −18.2 2.4 −12.0
51 Air transport 89 98.4 −1.3 6.0 1.1
52 Warehousing and support activities for transportation 366 111.5 −5.9 2.4 −0.2
53 Postal and courier activities 66 95.1 −0.3 1.6 −1.3
J Information and communication 1000 117.4 −0.6 1.1 1.6
58 Publishing activities 153 109.4 −2.3 3.4 2.1
59 Motion picture, video and television programme production… 73 114.0 0.6 2.4 6.1
60 Programming and broadcasting activities 60 112.5 7.1 −7.0 −0.4
61 Telecommunications 399 108.7 −0.8 −0.5 0.7
62 Computer programming, consultancy and related activities 261 133.1 −0.4 3.0 1.6
63 Information service activities 54 138.1 −5.1 2.4 2.6
L Real estate activities 1000 115.4 −0.7 4.2 1.7
681 Buying and selling of own real estate 82 131.0 5.1 −0.7 1.9
682 Renting and operating of own or leased real estate 734 112.0 −1.6 3.9 1.6
683 Real estate activities on a fee or contract basis 184 121.7 0.4 7.9 2.4
M+N Business support activities 1000 123.1 −2.6 7.1 0.1
M Professional, scientific and technical activities 585 121.1 −2.7 8.9 −0.1
69 Legal and accounting activities 90 120.1 0.4 2.0 0.8
70 Activities of head offices… 241 122.1 −4.9 13.6 −1.3
71 Architectural and engineering activities… 142 119.3 −2.4 9.9 0.6
72 Scientific research and development 24 115.4 0.0 2.3 −1.4
73 Advertising and market research 63 109.3 −0.5 1.2 2.7
74 Other professional, scientific and technical activities 19 169.7 0.1 8.2 0.6
75 Veterinary activities 6 130.6 −2.5 7.4 0.9
N Administrative and support service activities 415 125.9 −2.6 4.7 0.4
77 Rental and leasing activities 120 120.1 −2.1 0.3 2.5
78 Employment activities 74 133.5 −1.9 5.7 0.2
79 Travel agency, tour operator… 35 117.8 −4.3 3.7 1.8
80 Security and investigation activities 20 132.0 −2.3 4.0 2.2
81 Services to buildings and landscape activities 48 122.6 −2.6 8.8 0.7
82 Office administrative, office support and other business support activities 118 129.8 −3.3 7.4 −2.3
  • (1) Quarter-on-quarter: last three months / previous three months.
  • Source: INSEE