In Q1 2017, producer prices for services sold to French businesses were stableServices producer price indices - first quarter 2017

In the first quarter of 2017, producer prices of services sold to French businesses were stable after a slight rebound in the previous quarter (+0.3%). Year over year, they rose at a slightly faster pace (+0.6% after +0.4%).

SPPI, production sold to French businesses

In the first quarter of 2017, producer prices of services sold to French businesses were stable after a slight rebound in the previous quarter (+0.3%). Year over year, they rose at a slightly faster pace (+0.6% after +0.4%).

Rise in prices for real estate activities and transport and storage services

Prices for real estate activities recovered (+0.9% after −0,7%), mainly thanks to renting and operating services of real estate. Prices for transport and storage services also increased (+0.4% after −0.1%) and sped up year over year (+1.3% after +0.7%). In particular, prices for freight transport by road grew at a similar pace as in the previous month (+0.4% after +0.5%).

Virtual stability in prices for administrative and support services

Prices for administrative and support services remained vitually stable (+0.1% as in the two previous quarters). Year over year, they grew by 0.5% (after +0.6%).

Downturn in prices for the other services

Prices for information-communication services fell back (−0.6% after +0.9%). Year over year, they remained on a slight increase trend (+0.2%) The decrease over the quarter was mainly due to the seasonal downturn in prices for television programming and broadcasting activities (−7.0% after +13.6%). Prices for scientific and technical services went down slightly (−0.2%), mainly due to the decline in prices for media representation services at this time of year. Finally, prices for accomodation-food services aimed to professionnals also slipped down seasonally (−1.0% after +0.6%).

SPPI, production sold to households in France

In the first quarter of 2017, producer prices of services sold to households in France recovered somewhat (+0.3% after −1.3%) notably because of the slight seasonal rebound in prices for accomodation-food services (+0.4% after −2.2%) and that for real estate activities (+0.3% after −1.6%).

SPPI, production sold on foreign markets

Producer prices of services sold on foreign markets were stable in the first quarter of 2017, as in the previous quarter. The decline in prices of information-communication services (−0.4% after +0.4%) offset the rise in prices of administrative and support services (+0.3% after +0.8%). Prices of other services were stable or virtually.

SPPI (all markets)

In the first quarter of 2017, on all markets, producer prices of services were virtually stable (+0.1%). Year over year, they gathered pace: +0.7% after 0.3% at the end of 2016.

Graphique1 – Producer price indices for all services

  • Source: INSEE

Graphique2 – Producer price indices of services sold to French businesses

  • Source: INSEE

Graphique3 – Services producer price indices, all markets

  • Source: INSEE

Tableau1 – Services producer price indices, by sector:

reference year: 2010
Services producer price indices, by sector:
Sections and choices of Weight Indices Change in %
levels in NAF rev.2 2017T01 Q/Q-1 Q/Q-4
Prices of services sold to French businesses (BtoB)
HN : all services 1000 102.9 0.0 0.6
H : transport. and storage 184 107.0 0.4 1.3
49 : land and pipeline transport 81 106.2 0.5 1.8
52 : warehousing and auxiliary services for transport 73 107.2 0.3 0.5
I : accommodation and food 44 110.5 –1.0 0.2
J : information and communic. 227 95.1 –0.6 0.2
62 : IT services 88 102.3 –0.3 0.6
L : real estate activities 105 106.6 0.9 2.4
M : prof., scient. and tech. 214 101.2 –0.2 –0.8
69 : Legal and accounting services 46 104.2 0.3 –0.9
70 : activities of head offices and management consulting services 43 102.8 –0.2 –1.5
71 : Architectural and engineering services 83 100.3 0.1 –1.0
73 : Advertising and market research services 26 97.4 –2.7 0.3
N : administ. and support serv. 218 105.6 0.1 0.5
77 : renting & leasing services 61 99.2 –0.1 –0.2
78 : employment services 50 108.3 –0.3 0.4
82 : Office administrative and support services 55 108.3 –0.1 0.6
Prices of services sold to households in France (BtoC)
HN : all services 1000 105.6 0.3 0.9
H : transport. and storage 151 108.7 0.5 1.9
I : accommodation and food 258 113.6 0.4 1.2
J : information and communic. 184 91.1 –0.3 0.2
L : real estate activities 284 106.4 0.3 0.5
M : prof., scient. and tech. 69 103.4 0.8 1.0
N : administ. and support serv. 40 97.9 0.1 –0.9
Export prices of services (BtoE)
HN : all services 1000 96.3 0.0 0.8
H : transport. and storage 315 91.6 0.0 1.0
J : information and communic. 155 81.0 –0.4 0.4
M : prof., scient. and tech. 225 101.3 0.1 0.3
N : administ. and support serv. 296 106.1 0.3 1.4
Prices of services sold on all markets (BtoAll)
HN : all services 1000 103.1 0.1 0.7
H : transport. and storage 190 104.9 0.3 1.4
I : accommodation and food 94 112.6 0.0 0.9
J : information and communic. 208 93.7 –0.5 0.3
L : real estate activities 139 106.5 0.6 1.4
M : scient. and tech. services 178 101.6 0.0 –0.5
N : administ. and support serv. 181 105.7 0.1 0.6
  • s: statistical confidentiality
  • BtoB: business to business
  • BtoC: business to consumer
  • BtoE: business to exports
  • BtoAll: business to all
  • Source: INSEE

Tableau3 – Revision of variations

in percentage points
Revision of variations
Services producer price indices 2016T04 / 2016T03
- services sold to all markets //
- services sold to French businesses //
- services sold to consumers in France //
- export of services //
  • //: unchanged compared to the previous release
  • How to read it : there was no change in the variation of the services price index for services sold to French businesses between the third quarter 2016 and the fourth quarter 2016. Published at the end of February 2017at +0.3%, it has not been revised.
  • Source: INSEE