In February 2017, services output fell back (−0.7%)Index of services production - February 2017

In February 2017, output fell back in services (−0.7%) after a rise in January (+1.0%).

The commentary shows variations of subsections by decreasing contribution to the overall variation. The contribution of a subsection depends on the extent of the change and on its weight.

In February 2017, output fell back in services (−0.7%) after a rise in January (+1.0%).

Services output rose markedly over the last three months

Over the past three months, services production increased by 1.5% compared to the previous three months.

It grew by 1.3% in business support activities, in specialised, scientific and technical activitiesas well as in administrative and business service activities. It rose sharply in transportation and storage (+3.4%), real estate activities (+1.9%), and household services (+3.4%). It also grew in accomodation and food service activities (+1.7%). By contrast, it declined in information and communication (−0.5%).

Output grew markedly over a year

In services, output of the last three months rose sharply year on year (+2.6%), with an increase in all sectors.

It went up significantly in business support (+3.2%), notably in administrative and business service activities (+5.0%). It grew sharply in real estate activities (+4.6%). It also rose in transportation and storage (+2.1%), information and communication (+1.4%), food and beverage service activities (+2.7%), and more moderately in household services (+0.6%).

Graph1 – Index of services production

  • Sources: DGFiP, INSEE

Table1 – Variation in services production

2010 based, SA-WDA
Variation in services production
Change in %
Nace classification Weight * Feb./ Jan. Jan./ Dec. q-o-q (1) y-o-y (2)
Index of services production 10000 −0.7 1.0 1.5 2.6
H Transportation and storage 1601 −1.7 1.0 3.4 2.1
I Accomodation and food service activities 926 1.4 0.8 1.7 2.7
J Information and communication 1745 1.2 2.0 −0.5 1.4
L Real estate activities 1064 −0.2 −2.5 1.9 4.6
M+N Business support 4020 −2.3 1.5 1.3 3.2
M Specialised, scientific and technical activities 2210 −2.8 2.7 1.3 1.6
N Administrative and business service activities 1810 −1.7 0.2 1.3 5.0
R+S Household services 644 2.2 0.5 3.4 0.6
  • *Weight (10 000 = H…S excepting K, O, P, Q)
  • (1) Quarter-on-quarter: last three months / previous three months
  • (2) Year-on-year: last three months / same three months of previous year
  • Sources: DGFiP, INSEE Downturn in business support

In February 2017, output in business support activities fell back sharply (−2.3% after +1.5% in January).

It shrank significantly in specialised, scientific and technical activities (−2.8% after +2.7% in January), particularly in activities of head offices and management consultancy (−3.8%) and architecture and engineering activities (−4.2%). By contrast, it bounced back in other specialised, scientific and technical activities (+3.8%).

Output fell back also in administrative and business support activities (−1.7% after +0.2%), notably in rental and leasing activities (−2.5%) and employment activities (−1.8%).

Drop in transportation and storage

Output in transportation and storage fell back in February (−1.7% after +1.0% in January). In particular, it decreased sharply in warehousing and support for transportation (−3.4%) and air transport (−9.3%). By contrast, it bounced back considerably in water transport (+14.6%).

Further rise in information and communication

In February, output in information and communication rose again (+1.2%) after a significant upturn in January (+2.0%). It grew in telecommunications (+2.8%). It bounced back in motion picture production, sound recording and music publishing activities (+3.3%) and rose sharply in information services (+3.5%). By contrast, it declined markedly in programming and broadcasting activities (−4.7%).

Acceleration in accomodation and food service activities

In February, output gathered pace in accomodation and food service activities (+1.4% after +0.8%). It rose both in food and beverage service activities (+1.4%) and accomodation (+1.3%).

Revisions

The monthly variation rate of the index of services production in January 2017 has been revised downwards by 0.1 points, mainly due to the update of raw data. Initially published at +1.1%, it has been stated at +1.0%.

Table2 – Variation in services production

2010 based, SA-WDA
Variation in services production
Changes in %
Weight * Feb. 17 Feb./ Jan. Jan./ Dec. q-o-q (1)
Index of services production 10000 119.0 −0.7 1.0 1.5
H transportation and storage 1601 110.7 −1.7 1.0 3.4
49 Land transport… 686 115.2 −1.0 2.2 2.1
50 Water transport 63 209.4 14.6 −2.3 28.2
51 Air transport 129 93.5 −9.3 −2.0 1.7
52 Warehousing and support for transportation 563 108.2 −3.4 1.0 2.3
53 Postal and courier activities 161 75.9 −3.6 0.3 −0.6
I Accomodation and food service activities 926 117.6 1.4 0.8 1.7
55 Accomodation 211 109.9 1.3 1.8 2.9
56 Food and beverage service activities 715 119.9 1.4 0.5 1.4
J Information-communication 1745 129.4 1.2 2.0 −0.5
58 Publishing activities 220 100.5 1.4 −1.3 −0.7
59 Motion picture, sound recording, music publishing 124 116.8 3.3 −3.7 1.2
60 Programming and broadcasting activities 68 120.8 −4.7 −0.5 −0.6
61 Telecommunications 558 138.3 2.8 6.4 −2.0
62 Computer programming... 683 132.0 −0.3 0.6 0.1
63 Information services 92 147.9 3.5 1.3 1.3
L Real estate activities 1064 108.0 −0.2 −2.5 1.9
M Specialised, scientific and technical activities 2210 117.4 −2.8 2.7 1.3
69 Legal and accounting activities 496 117.8 −1.6 3.4 1.6
70 Activities of head offices and management consultancy 665 118.0 −3.8 1.7 1.1
71 Architecture and engineering activities 465 121.9 −4.2 4.6 5.3
72 Scientific research and development 313 100.0 −2.5 2.7 −1.9
73 Advertising and market research 171 110.7 −3.4 3.1 −2.4
74 Other professional, scientific and technical activities 71 167.5 3.8 −2.4 −2.1
75 Veterinary activities 29 125.3 0.7 0.0 −0.9
N Administrative and business service activities 1810 124.3 −1.7 0.2 1.3
77 Rental and leasing activities 545 120.6 −2.5 −2.6 0.2
78 Employment activities 512 130.7 −1.8 3.9 2.9
79 Travel agency, tour operator 45 118.5 −0.2 5.2 2.8
80 Security and investigation 109 124.1 −0.4 1.1 0.0
81 Services to building and landscape anctivities 248 120.1 −0.8 −0.8 1.6
82 Other administrative and business support activities 351 124.6 −1.5 −1.2 0.5
R Arts, entertainment and recreation 306 133.7 3.9 0.5 4.8
S Other personal services 338 112.6 0.4 0.5 1.9
  • *Weight (10 000 = H…S excepting K, O, P, Q)
  • (1) Quarter-on-quarter: last three months / previous three months
  • Sources: DGFiP, INSEE

Table3 – Revision of variations

in percentage points
Revision of variations
Jan. / Dec. Dec. / Nov. Nov. / Oct. Q4 2016 / Q3 2016 2016 / 2015
Services production –0.12 0.05 0.04 0.01 0.01
Raw series –0.18 –0.07 –0.01 –0.02 0.02
SA-WDA parameters 0.06 0.12 0.05 0.03 –0.01
  • How to read: in the services industries, the SA-WDA output variation between January 2017 and December 2016 is revised by 0.12 points: -0.18 points due to the revisions of raw data and +0.06 points due the the update of SA-WDA parameters
  • Sources: DGFiP, INSEE