In May 2017, services output recovered strongly (+2.2%)Index of services production - May 2017

In May 2017, output bounced back strongly in services (+2.2%) after a fall in April (−0.8%).

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 May 2017, output bounced back strongly in services (+2.2%) after a fall in April (−0.8%).

Services output increased over the last three months

Over the last three months, services production rose by 1.1% compared to the previous three months.

It grew sharply in business support (+1.7%), particularly in administrative and business service activities (+2.2%). It rose strongly in information and communication (+2.9%). It increased more moderately in transportation and storage (+0.9%) and in accomodation and food service activities (+0.6%).

By contrast, it went down in real estate activities (−2.1%) and in household services (−1.7%).

Output grew very markedly over a year

In services, output of the last three months rose over a year by 4.9%, with an increase in all sectors.

Output went up strongly in business support (+6.1%), be it in administrative and business service activities (+7.0%) or in specialised, scientific and technical activities (+5.3%). It grew sharply in information and communication (+5.7%), transportation and storage (+4.0%), accomodation and food service activities (+4.0%) and household services (+3.2%). It grew more moderately in real estate activities (+1.7%).

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 (1) May/ Apr. Apr./ Mar. q-o-q (2) y-o-y (3)
Index of services production 10000 2.2 −0.8 1.1 4.9
H Transportation and storage 1601 3.7 −0.1 0.9 4.0
I Accomodation and food service activities 926 −1.6 −0.4 0.6 4.0
J Information and communication 1745 1.5 −0.8 2.9 5.7
L Real estate activities 1064 0.5 −0.7 −2.1 1.7
M+N Business support 4020 4.0 −1.3 1.7 6.1
M Specialised, scientific and technical activities 2210 4.0 −2.0 1.3 5.3
N Administrative and business service activities 1810 4.0 −0.6 2.2 7.0
R+S Household services 644 −2.5 0.5 −1.7 3.2
  • (1)Weight (10 000 = H…S excepting K, O, P, Q)
  • (2) Quarter-on-quarter: last three months / previous three months
  • (3) Year-on-year: last three months / same three months of previous year
  • Significant rebound in business support
  • Sources: DGFiP, INSEE

In May 2017, output in business support activities picked up sharply (+4.0% after −1.3% in April).

It bounced back significantly in specialised, scientific and technical activities (+4.0% after −2.0%), particularly in architecture and engineering activities (+5.8%), scientific research and development (+6.4%) and legal and accounting activities (+2.1%). It increased again in activities of head offices and management consultancy (+1.6%).

Output also recovered in administrative and business support activities (+4.0% after −0.6%), notably in other administrative and business support activities (+7.7%) and rental and leasing activities (3.2%). It rose again in employment activities (+3.4%).

Increase in transportation and storage

In May, output in transportation and storage grew sharply (+3.7%) after a near stability in April. It bounced back mainly in warehousing and support for transportation (+4.4% after −0.5%), land transport (+3.1% after −3.2%) and postal and courier activities (+6.5% after −1.9%).

Rally in information and communication

In May, output in information and communication picked up (+1.5%) after a decrease in April (−0.8%). It went up primarily in computer programming, consultancy and related activities (+1.9%), telecommunications (+1.3%) and information services (+2.9%).

Downturn in household services

Output in household services fell back in May (−2.5% after +0.5%) weighted down by the arts, entertainment and recreation sector (−5.2% after +2.7%).

Further decline in accomodation and food service activities

Output shrank further in accomodation and food services in May (−1.6% after −0.4% in April). The decrease was more marked in accomodation (−2.6%) than in food and beverage service activities (−1.4%).

Revisions

The month-on-month variation rate of the index of services production in April 2017 has been revised upwards by 0.1 points. Initially published at −0.9%, it has been stated at −0.8%.

Table2 – Variation in the services production

2010 based, SA-WDA
Variation in the services production
Changes in %
Weight (1) May 17 May/ Apr. Apr./ Mar. q-o-q (2)
Index of services production 10000 122.3 2.2 −0.8 1.1
H transportation and storage 1601 115.5 3.7 −0.1 0.9
49 Land transport… 686 116.5 3.1 −3.2 0.0
50 Water transport 63 225.0 1.3 28.2 7.7
51 Air transport 129 99.3 3.9 −0.7 −3.9
52 Warehousing and support for transportation 563 116.6 4.4 −0.5 2.6
53 Postal and courier activities 161 78.0 6.5 −1.9 −2.7
I Accomodation and food service activities 926 115.8 −1.6 −0.4 0.6
55 Accomodation 211 107.8 −2.6 0.5 0.6
56 Food and beverage service activities 715 118.2 −1.4 −0.6 0.6
J Information-communication 1745 132.7 1.5 −0.8 2.9
58 Publishing activities 220 100.7 0.6 −2.6 1.5
59 Motion picture, sound recording, music publishing 124 119.9 0.2 2.2 2.3
60 Programming and broadcasting activities 68 128.3 0.9 0.5 1.0
61 Telecommunications 558 136.4 1.3 −0.8 2.5
62 Computer programming... 683 140.0 1.9 −0.9 3.7
63 Information services 92 153.7 2.9 −0.7 3.9
L Real estate activities 1064 106.2 0.5 −0.7 −2.1
M Specialised, scientific and technical activities 2210 122.7 4.0 −2.0 1.3
69 Legal and accounting activities 496 118.0 2.1 −4.0 0.2
70 Activities of head offices and management consultancy 665 125.4 1.6 2.0 1.9
71 Architecture and engineering activities 465 120.2 5.8 −7.8 −3.0
72 Scientific research and development 313 111.8 6.4 −0.4 5.8
73 Advertising and market research 171 121.2 6.0 1.5 3.1
74 Other professional, scientific and technical activities 71 197.4 13.5 −2.6 7.0
75 Veterinary activities 29 128.2 0.2 0.4 2.1
N Administrative and business service activities 1810 132.0 4.0 −0.6 2.2
77 Rental and leasing activities 545 127.3 3.2 −1.5 1.1
78 Employment activities 512 140.6 3.4 1.6 3.9
79 Travel agency, tour operator 45 111.2 7.6 −5.4 −3.3
80 Security and investigation 109 124.6 2.3 −2.6 0.2
81 Services to building and landscape anctivities 248 124.2 2.1 −0.9 0.8
82 Other administrative and business support activities 351 137.5 7.7 −1.0 3.5
R Arts, entertainment and recreation 306 125.0 −5.2 2.7 −2.2
S Other personal services 338 110.6 0.4 −1.8 −1.2
  • (1) Weight (10 000 = H…S excepting K, O, P, Q)
  • (2) Quarter-on-quarter: last three months / previous three months
  • Sources: DGFiP, INSEE

Table3 – Revision of variations

in percentage points
Revision of variations
Apr. / Mar. Mar. / Feb. Feb. / Jan. Q4 2016 / Q3 2016 2016 / 2015
Services production 0.16 0.04 −0.01 0.03 −0.01
Raw series −0.09 0.07 0.02 −0.02 0.00
SA-WDA parameters 0.25 −0.03 −0.03 0.05 −0.01
  • How to read: in the services industries, the SA-WDA variation in output between March 2017 and April 2017 is revised by +0.16 points: −0.09 points due to the revisions of raw data and +0.25 points due to the update of SA-WDA parameters
  • Sources: DGFiP, INSEE