In November 2016, the turnover rose in wholesale trade and business activitiesTurnover in the wholesale trade and business services - November 2016

In November 2016, the turnover picked up in the wholesale trade, except of motor vehicles and motorcycles (+2.2% after −0.1% in October). It recovered in real estate activities (+5,9% after −2,1%), gathered pace in business support (+1.2% after +0.3%), and bounced back in information and communication (+2.6% after −1.1%). It was virtually stable in transportation and storage (+0.1% 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.

In November 2016, the turnover picked up in the wholesale trade, except of motor vehicles and motorcycles (+2.2% after −0.1% in October). It recovered in real estate activities (+5,9% after −2,1%), gathered pace in business support (+1.2% after +0.3%), and bounced back in information and communication (+2.6% after −1.1%). It was virtually stable in transportation and storage (+0.1% after +4.2%).

Graph1 – Wholesale trade and business services

  • Source: INSEE

Marked rebound in wholesale trade, except of motor vehicles and motorcycles

In November, the turnover in the wholesale trade, except of motor vehicles and motorcycles picked up markedly (+2.2%) after a near stability in October. The turnover increased in all subsectors. It bounced back for wholesalers of other machinery, equipment and supplies (+4.7% after −2.4%), wholesalers of houselhold goods (+2.9% after −1.2%), and wholesalers of agricultural raw materials and live animals (+3.7% after −3.9%). It rose again for other specialised wholesalers (+1.8% after +2.9%), wholesalers of food, beverages and tobacco (+1.1% after +0.4%) and wholesalers on a fee or contract basis (+1.2% after +0.7%).

The turnover in the wholesale trade, except of motor vehicles and motorcycles rose over the last three months (+0.8% q-o-q) and year on year (+1.0% y-o-y).

Strong upturn in real estate activities

The turnover in real estate activities bounced back considerably in November (+5.9%) after a marked fall in October (−2.1%). It rose sharply over the last three months (+2.8% q-o-q) and moderately over a year (+0.9% y-o-y).

Acceleration in business support

In November, the turnover in business support activities accelerated (+1.2% after +0.3% in October). It recovered in professional, scientific and technical activities (+1.4% after −1.3%), particularly in activities of head offices and management consultancy (+1.9% after −0.8%). By contrast, it fell back drastically in scientific research and development (−8.8% after +3.0%).

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 Nov./Oct. Oct./ Sept. q-o-q (1) y-o-y (2)
46 Wholesale trade, except of motor vehicles and motorcycles 1000 2.2 −0.1 0.8 1.0
H Transportation and storage 1000 0.1 4.2 −0.2 −0.3
J Information and communication 1000 2.6 −1.1 0.5 3.7
L Real estate activities 1000 5.9 −2.1 2.8 0.9
M+N Business support activities 1000 1.2 0.3 1.1 2.6
M Professional, scientific and technical activities 585 1.4 −1.3 0.8 1.0
N Administrative and support service activities 415 0.9 2.3 1.6 4.6
  • (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

The turnover in administrative and support service activities grew again (+0.9% after +2.3%). It went up particularly in rental and leasing activities (+2.0%), office administrative, office support and other business support activities (+0.7%), and employment activities (+0.9%).

The turnover in business support rose over the last three months (+1.1% q-o-q) and over a year (+2.6% y-o-y).

Sharp recovery in information and communication

The turnover in information and communication picked up markedly in November (+2.6% after −1.1% in October). It increased notably in telecommunications (+3.5%), computer programming, consultancy and related activities (+1.9%), and motion picture, video and television programme production, sound recording and music publishing activities (+6.2%). By contrast, it fell back in programming and broadcasting activities (−4.0%).

The turnover in information and communication increased over the last three months (+0.5%) and sharply over the year (+3.7%).

Near stability in transportation and storage

In November, the turnover in transportation and storage was practically stable (+0.1%) after a sharp upturn in October (+4.2%). It fell back considerably in water transport (−11.6%), but recovered substantially in air transport (+9.7%) and postal and courier activities (+4.1%).

The turnover in transportation and storage decreased slightly over the last three months (−0.2% q-o-q) and over a year (−0.3% y-o-y).

Revisions

The variation in the turnover for October 2016 has been revised downwards by 0.4 points in information and communication, by 0.3 points in the wholesale trade, except of motor vehicles and motorcycles, and by 0.1 points in business support. It has been revised upwards by 0.3 points in transportation and storage and remained unchanged in real estate activities.

These revisions are due to those of raw data (integration of late information, including changes of sector) and the update of the parameters 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 Nov. 2016 Nov./Oct. Oct./ Sept. q-o-q (1)
46 Wholesale trade, except of motor vehicles and motorcycles 1000 109.5 2.2 −0.1 0.8
461 Wholesale on a fee or contract basis 151 120.1 1.2 0.7 1.4
462 Wholesale of agricultural raw materials and live animals 55 106.1 3.7 −3.9 −0.9
463 Wholesale of food, beverages and tobacco 173 115.7 1.1 0.4 1.1
464 Wholesale of household goods 208 108.6 2.9 −1.2 1.3
465 Wholesale of information and communication equipment 61 103.8 1.3 0.6 −1.9
466 Wholesale of other machinery, equipment and supplies 126 112.8 4.7 −2.4 −0.2
467 Other specialised wholesale 198 93.8 1.8 2.9 1.1
469 Non specialised wholesale trade 28 134.3 1.9 −0.6 1.9
H Transportation and storage 1000 114.6 0.1 4.2 −0.2
49 Land transport and transport via pipelines 410 118.9 0.0 3.8 1.7
50 Water transport 69 114.4 −11.6 28.5 −5.1
51 Air transport 89 97.2 9.7 −9.6 −1.7
52 Warehousing and support activities for transportation 366 117.2 0.2 4.3 −1.0
53 Postal and courier activities 66 97.7 4.1 −1.5 −0.2
J Information and communication 1000 118.6 2.6 −1.1 0.5
58 Publishing activities 153 110.0 1.9 −0.7 0.4
59 Motion picture, video and television programme production… 73 110.3 6.2 −7.4 0.7
60 Programming and broadcasting activities 60 109.5 −4.0 1.2 2.5
61 Telecommunications 399 108.3 3.5 −3.0 −1.9
62 Computer programming, consultancy and related activities 261 137.4 1.9 1.1 2.8
63 Information service activities 54 150.6 4.6 3.9 2.1
L Real estate activities 1000 119.1 5.9 −2.1 2.8
681 Buying and selling of own real estate 82 148.1 13.0 −3.1 9.6
682 Renting and operating of own or leased real estate 734 115.3 7.1 −2.6 1.2
683 Real estate activities on a fee or contract basis 184 121.2 −1.9 0.1 5.2
M+N Business support activities 1000 125.4 1.2 0.3 1.1
M Professional, scientific and technical activities 585 121.2 1.4 −1.3 0.8
69 Legal and accounting activities 90 120.9 1.6 −0.9 1.7
70 Activities of head offices… 241 123.8 1.9 −0.8 0.8
71 Architectural and engineering activities… 142 116.1 0.8 −3.0 −0.4
72 Scientific research and development 24 106.3 −8.8 3.0 −2.2
73 Advertising and market research 63 111.9 2.0 0.0 2.4
74 Other professional, scientific and technical activities 19 172.8 6.8 −4.8 2.7
75 Veterinary activities 6 133.6 1.4 0.4 2.1
N Administrative and support service activities 415 131.3 0.9 2.3 1.6
77 Rental and leasing activities 120 126.3 2.0 0.8 1.7
78 Employment activities 74 136.9 0.9 1.7 2.8
79 Travel agency, tour operator… 35 125.7 −1.0 8.2 2.9
80 Security and investigation activities 20 136.4 1.3 1.4 2.1
81 Services to buildings and landscape activities 48 124.5 0.1 0.9 2.8
82 Office administrative, office support and other business support activities 118 136.4 0.7 3.3 −0.2
  • (1) Quarter-on-quarter: last three months / previous three months.
  • Source: INSEE