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%) .
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%).
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).
tableau Table1 – 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).
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).
tableau Table2 – 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|
|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