In March 2017, services output bounced back (+1.0%)Index of services production - March 2017

In March 2017, output recovered in services (+1.0%) after a drop in February (−0.5%).

Informations rapides
No 149
Paru le : 31/05/2017
Prochaine parution le : 22/12/2017 at 12:00 - October 2017

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 March 2017, output recovered in services (+1.0%) after a drop in February (−0.5%).

Services output rose markedly over the last three months

Over the first quarter of 2017, services production increased by 1.4% compared to the last quarter of 2016.

It grew by 1.2% in business support activities, in particular in specialised, scientific and technical activities (+2.0%). It rose sharply in information and communication (+1.8%), accomodation and food services activities (+2.4%) and household services (+2.6%). It also increased in transportation and storage (+1.0%). It was stable in real estate activities.

Output grew sharply over a year

In services, output of the last three months rose sharply over a year (+3.3%), with an increase in all sectors.

It went up strongly in business support (+4.4%), be it in administrative and business service activities (+5.1%) or in specialised, scientific and technical activities (+3.8%). It grew sharply in information and communication (+3.1%), real estate activities (+3.3%), and food and beverage services activities (+3.6%). It increased more moderately in transportation and storage (+1.6%) and in household services (+0.8%).

Graph1 – Index of services production

  • Sources: DGFiP, INSEE

Table1 – Variation in the services production

2010 based, SA-WDA
Variation in the services production
Change in %
Nace classification Weight * March/ Feb. Feb./ Jan. q-o-q (1) y-o-y (2)
Index of services production 10000 1.0 −0.5 1.4 3.3
H Transportation and storage 1601 0.4 −1.5 1.0 1.6
I Accomodation and food service activities 926 0.0 1.5 2.4 3.6
J Information and communication 1745 1.8 1.4 1.8 3.1
L Real estate activities 1064 −0.2 −0.4 0.0 3.3
M+N Business support 4020 2.0 −2.0 1.2 4.4
M Specialised, scientific and technical activities 2210 2.3 −2.5 2.0 3.8
N Administrative and business service activities 1810 1.7 −1.3 0.2 5.1
R+S Household services 644 −3.0 2.2 2.6 0.8
  • *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
  • Upturn in business support
  • Sources: DGFiP, INSEE

In March 2017, output in business support activities bounced back sharply (+2.0% after −2.0% in February).

It recovered significantly in specialised, scientific and technical activities (+2.3% after −2.5%), particularly in architecture and engineering activities (+3.3%), scientific research and development (+4.9%), activities of head offices and management consultancy (+1.7%) and legal and accounting activities (+2.3%).

Output bounced back also in administrative and business support activities (+1.7% after −1.3%), notably in rental and leasing activities (+2.3%), other administrative and business support activities (+2.8%) and employment activities (+1.1%).

Further rise in information and communication

In March, output in information and communication went up sharply again (+1.8% after +1.4%), held up by a significant rise in computer programming, consultancy and related activities (+4.5%).

Marked drop in household services

Output in household services fell back sharply in March (−3.0%) after a marked increase in February (+2.2%). It sank notably in arts, entertainment and recreation (−5.1%).

Slight rebound in transportation and storage

In March, output in transportation and storage recovered slightly (+0.4% after −1.5%). It bounced back in warehousing and support for transportation (+3.4% after −3.7%) and in land transport (+1.1% after −0.9%). By contrast, it slipped back steeply in water transport (−17.2% after +16.4%).

Stability in accomodation and food service activities

In March, output was stable in accomodation and food services after +1.5% in February. It was virtually stable both in food and beverage service activities and accomodation.

Revisions

The month-on-month variation rate of the index of services production in February 2017 has been revised upwards by 0.2 points, mainly due to raw series updating. Initially published at −0.7%, it has been stated at −0.5%.

Table2 – Variation in the services production

2010 based, SA-WDA
Variation in the services production
Changes in %
Weight * March 17 March/ Feb. Feb./ Jan. q-o-q (1)
Index of services production 10000 120.3 1.0 −0.5 1.4
H transportation and storage 1601 111.0 0.4 −1.5 1.0
49 Land transport… 686 116.8 1.1 −0.9 2.1
50 Water transport 63 169.0 −17.2 16.4 3.8
51 Air transport 129 94.6 0.7 −8.2 −2.4
52 Warehousing and support for transportation 563 111.5 3.4 −3.7 0.4
53 Postal and courier activities 161 74.9 −1.1 −3.7 −1.9
I Accomodation and food service activities 926 118.2 0.0 1.5 2.4
55 Accomodation 211 110.2 −0.1 1.4 3.6
56 Food and beverage service activities 715 120.6 0.1 1.5 2.1
J Information-communication 1745 131.9 1.8 1.4 1.8
58 Publishing activities 220 102.2 2.1 1.3 0.0
59 Motion picture, sound recording, music publishing 124 116.2 −0.6 3.6 1.2
60 Programming and broadcasting activities 68 126.2 2.5 −3.2 0.1
61 Telecommunications 558 135.6 −0.8 2.6 2.1
62 Computer programming... 683 139.7 4.5 0.3 2.2
63 Information services 92 148.5 −0.2 3.7 2.8
L Real estate activities 1064 106.4 −0.2 −0.4 0.0
M Specialised, scientific and technical activities 2210 120.4 2.3 −2.5 2.0
69 Legal and accounting activities 496 120.6 2.3 −1.6 2.8
70 Activities of head offices and management consultancy 665 119.9 1.7 −4.5 0.2
71 Architecture and engineering activities 465 125.6 3.3 −3.6 5.3
72 Scientific research and development 313 104.2 4.9 −2.9 0.6
73 Advertising and market research 171 112.5 0.6 −2.3 0.4
74 Other professional, scientific and technical activities 71 176.7 −2.3 12.1 2.2
75 Veterinary activities 29 127.0 1.1 0.8 0.2
N Administrative and business service activities 1810 126.8 1.7 −1.3 0.2
77 Rental and leasing activities 545 123.5 2.3 −1.6 −2.5
78 Employment activities 512 132.8 1.1 −1.5 3.3
79 Travel agency, tour operator 45 110.6 −3.0 −0.6 0.7
80 Security and investigation 109 125.2 1.0 −0.4 0.3
81 Services to building and landscape anctivities 248 122.4 1.5 −0.6 0.7
82 Other administrative and business support activities 351 128.6 2.8 −1.4 −0.4
R Arts, entertainment and recreation 306 128.2 −5.1 3.9 3.7
S Other personal services 338 112.1 −0.7 0.4 1.4
  • *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
Feb. / Jan. Jan. / Dec. Dec. / Nov. Q4 2016 / Q3 2016 2016 / 2015
Services production 0.21 −0.25 0.39 −0.04 0.07
Raw series 0.38 −0.15 0.04 −0.01 −0.01
SA-WDA parameters −0.17 −0.10 0.35 −0.03 0.08
  • How to read: in the services industries, the SA-WDA variation in output between January 2017 and February 2017 is revised by +0.21 points: +0,38 points due to the revisions of raw data and −0,17 points due the update of SA-WDA parameters
  • Sources: DGFiP, INSEE