In June 2017, services output fell back sharply (−1.4%)Index of services production - June 2017

In June 2017, output fell back sharply in services (−1.4% after +2.1% in May) but it continued to increase markedly over a year.

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 June 2017, output fell back sharply in services (−1.4% after +2.1% in May) but it continued to increase markedly over a year.

Services output increased slightly over the last three months

Over the last three months, services production rose by 0.4% compared to the previous three months.

It grew in business support (+0.9%), in information and communication (+0.9%) and in transportation and storage (+0.6%). By contrast, it fell back sharply in household services (−2.5%), particularly in arts, entertainment and recreation (−3.3%). To a lesser extent, it also went down in accomodation and food service activities (−0.5%) and real estate activities (−0.4%).

Output grew markedly over a year

In services, output of the last three months rose over a year by 4.3%, with an increase in all sectors.

Output went up strongly in business support (+5.2%), be it in administrative and business service activities (+5.9%) or in specialised, scientific and technical activities (+4.6%). It grew sharply in information and communication (+5.5%), accomodation and food service activities (+3.8%), transportation and storage (+3.5%) and household services (+2.5%). It grew more moderately in real estate activities (+0.9%).

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) Jun./ May May/ Apr. q-o-q (2) y-o-y (3)
Index of services production 10000 –1.4 2.1 0.4 4.3
H Transportation and storage 1601 –3.3 3.4 0.6 3.5
I Accomodation and food service activities 926 0.5 –1.2 –0.5 3.8
J Information and communication 1745 –2.4 1.7 0.9 5.5
L Real estate activities 1064 2.7 –0.1 –0.4 0.9
M+N Business support 4020 –1.8 3.6 0.9 5.2
M Specialised, scientific and technical activities 2210 –1.3 3.9 0.5 4.6
N Administrative and business service activities 1810 –2.2 3.3 1.3 5.9
R+S Household services 644 0.2 –2.3 –2.5 2.5
  • (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
  • Sources: DGFiP, INSEE

Marked downturn in transportation and storage

In June, output in transportation and storage shrank sharply (−3.3%) after a similar rise of the same magnitude in May (+3.4%). It diminished significantly in water transport (−24.7% after −2.1). It fell back in warehousing and support for transportation (−2.8% after +4.0% in May).

Decrease in information and communication

After a rebound in May, output in information and communication fell back in June (−2.4% after +1.7%). It slipped back primarily in telecommunications (−4.2%) and in computer programming, consultancy and related activities (−1.3%).

Decline in business support

In June 2017, output in business support activities fell back (−1.8% after +3.6% in May).

It shrank in administrative and business support activities (−2.2% after +3.3%), notably in other administrative and business support activities (−8.1%) and in employment activities (−2.5%).

Output also slipped back in specialised, scientific and technical activities (−1.3% after +3.9%), particularly in advertising and market resarch (−8.8%) and scientific research and development (−4.5%)

Slight rebound in accomodation and food service activities

Output rebounded slightly in accomodation and food services in June (+0.5% after −1.2% in May). The increase was less marked in food and beverage service activities (+0.3%) than in accomodation (+1.3%).

Slight rise in household services

Output in household services increased slightly in June (+0.2%) after a significant downturn in May (−2.3%). It rose again in “other personal services” (+0.4% after +0.5%). In the arts, entertainment and recreation sector, the output was practically stable after a fall in May (−4.9%).

Revisions

The month-on-month variation rate of the index of services production in May 2017 has been lowered to +2.1% against +2.2% initially published, due to raw series revision.

Table2 – Variation in the services production

2010 based, SA-WDA
Variation in the services production
Changes in %
Weight (1) Jun. 2017 Jun./ May May/ Apr. q-o-q (2)
Index of services production 10000 120.2 –1.4 2.1 0.4
H transportation and storage 1601 110.9 –3.3 3.4 0.6
49 Land transport… 686 115.5 –1.0 3.2 –1.2
50 Water transport 63 155.0 –24.7 –2.1 5.4
51 Air transport 129 101.6 1.1 5.5 0.8
52 Warehousing and support for transportation 563 112.9 –2.8 4.0 2.4
53 Postal and courier activities 161 75.0 –3.6 6.1 –1.1
I Accomodation and food service activities 926 116.9 0.5 –1.2 –0.5
55 Accomodation 211 108.9 1.3 –2.8 –0.7
56 Food and beverage service activities 715 119.3 0.3 –0.8 –0.4
J Information-communication 1745 129.9 –2.4 1.7 0.9
58 Publishing activities 220 101.3 0.9 0.3 0.0
59 Motion picture, sound recording, music publishing 124 118.1 –0.7 0.4 2.1
60 Programming and broadcasting activities 68 115.8 –9.0 –0.1 –1.6
61 Telecommunications 558 132.3 –4.2 2.4 –0.3
62 Computer programming... 683 138.5 –1.3 1.8 2.2
63 Information services 92 147.3 –3.0 1.4 0.4
L Real estate activities 1064 108.3 2.7 –0.1 –0.4
M Specialised, scientific and technical activities 2210 121.1 –1.3 3.9 0.5
69 Legal and accounting activities 496 120.8 1.9 2.8 –1.1
70 Activities of head offices and management consultancy 665 124.0 –1.0 1.4 3.1
71 Architecture and engineering activities 465 121.7 0.9 6.3 –4.3
72 Scientific research and development 313 105.3 –4.5 4.7 3.4
73 Advertising and market research 171 110.0 –8.8 5.4 0.9
74 Other professional, scientific and technical activities 71 183.5 –7.3 13.2 5.8
75 Veterinary activities 29 129.5 0.8 0.2 1.8
N Administrative and business service activities 1810 127.3 –2.2 3.3 1.3
77 Rental and leasing activities 545 126.5 –1.1 3.7 2.2
78 Employment activities 512 134.6 –2.5 3.1 2.1
79 Travel agency, tour operator 45 116.7 1.4 8.2 –1.3
80 Security and investigation 109 128.6 2.3 3.7 0.3
81 Services to building and landscape anctivities 248 126.7 2.1 2.3 2.1
82 Other administrative and business support activities 351 119.4 –8.1 3.0 –1.1
R Arts, entertainment and recreation 306 124.9 –0.1 –4.9 –3.3
S Other personal services 338 110.9 0.4 0.5 –1.6
  • (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
May / Apr. Apr. / Mar. Mar. / Feb. Q1 2017 / Q4 2016 2016 / 2015
Services production –0.17 0.22 0.00 0.07 –0.01
Raw series –0.64 0.12 0.04 0.18 –0.01
SA-WDA parameters 0.47 0.10 –0.04 –0.11 0,00
  • How to read: in the services industries, the SA-WDA variation in output between April 2017 and May 2017 is revised by −0.17 points: −0.64 points due to the revisions of raw data and +0.47 points due to the update of SA-WDA parameters.
  • Sources: DGFiP, INSEE