In July 2017, services output recovered sharply (+1.2%)Index of services production - July 2017

In July 2017, output recovered sharply in services (+1.2% after −1.3% in June).

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 July 2017, output recovered sharply in services (+1.2% after −1.3% in June).

Services output increased over the last three months

Over the last three months, services production rose by 1.4% compared to the previous three months.

It grew in business support (+2.8%), transportation and storage (+2.1%), information and communication (+0.9%) and real estate activities (+0.7%). By contrast, it fell back sharply in household services (−2.7%), particularly in arts, entertainment and recreation (−4.7%). To a lesser extent, it also went down in accomodation and food service activities (−0.8%).

Output grew strongly over a year

In services, output of the last three months rose strongly over a year (+4.8%), with an increase in all sectors.

Output went up strongly in business support (+6.0%), be it in administrative and business service activities (+6.8%) or in specialised, scientific and technical activities (+5.4%). It grew sharply in transportation and storage (+5.4%), information and communication (+5.0%) and in accomodation and food service activities (+3.6%). It grew more moderately in real estate activities (+1.9%) and in household services (+1.0%).

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) Jul./ Jun. Jun./ May q-o-q (2) y-o-y (3)
Index of services production 10000 1.2 –1.3 1.4 4.8
H Transportation and storage 1601 3.8 –4.1 2.1 5.4
I Accomodation and food service activities 926 0.3 0.3 –0.8 3.6
J Information and communication 1745 1.9 –1.6 0.9 5.0
L Real estate activities 1064 –0.2 2.3 0.7 1.9
M+N Business support 4020 1.0 –1.5 2.8 6.0
M Specialised, scientific and technical activities 2210 0.7 –1.7 2.5 5.4
N Administrative and business service activities 1810 1.2 –1.3 3.0 6.8
R+S Household services 644 –1.5 0.4 –2.7 1.0
  • (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

Significant rebound in transportation and storage

In July, output in transportation and storage picked up strongly (+3.8%) after a large decline in June (−4.1%).

Recovery in information and communication

After a downturn in June (−1.6%), output in information and communication bounced back in July (+1.9%). It went up primarily in telecommunications (+2.4%) and in computer programming, consultancy and related activities (+1.5%).

Rebound in business support

In July 2017, output in business support activities bounced back (+1.0% after −1.5% in June).

It started to rise again in administrative and business support activities (+1.2% after −1.3%), notably in employment activities (+4.4%) and in other administrative and business support activities (+4.2%).

Output also recovered in specialised, scientific and technical activities (+0.7% after −1.7%), particularly in scientific research and development (+3.5%) and activities of head offices and management consultancy (+1.4%).

Rise in accomodation and food service activities

Output in accomodation and food services rose again slightly in July (+0.3%, as in June). It increased in food and beverage service activities (+0.5%, after stability) while it declined slightly in accomodation (−0.2% after +1.1%).

Downturn in household services

Output in household services shrank in July (−1.5%) after a slight increase in June (+0.4%). It diminished significantly in the arts, entertainment and recreation sector (−2.0% after +0.2%). In “other personal services”, output also fell back (−1.0% after +0.6%).

Revisions

The month-on-month variation rate of the index of services production in June 2017 has been revised upwards by 0.1 points. Initially published at −1.4%, it has been stated at −1.3%.

Table2 – Variation in the services production

2010 based, SA-WDA
Variation in the services production
Changes in %
Weight (1) Jul. 17 Jul./ Jun. Jun./ May q-o-q (2)
Index of services production 10000 121.9 1.2 –1.3 1.4
H transportation and storage 1601 114.9 3.8 –4.1 2.1
49 Land transport… 686 115.5 –0.7 –0.3 0.8
50 Water transport 63 245.4 80.6 –39.4 0.4
51 Air transport 129 104.2 1.9 2.3 6.2
52 Warehousing and support for transportation 563 112.1 –0.4 –2.8 2.7
53 Postal and courier activities 161 79.2 3.2 –1.8 4.8
I Accomodation and food service activities 926 117.4 0.3 0.3 –0.8
55 Accomodation 211 108.6 –0.2 1.1 –1.7
56 Food and beverage service activities 715 120.0 0.5 0.0 –0.5
J Information-communication 1745 132.5 1.9 –1.6 0.9
58 Publishing activities 220 100.2 –1.0 0.8 –0.2
59 Motion picture, sound recording, music publishing 124 122.7 3.7 –1.0 1.8
60 Programming and broadcasting activities 68 117.6 1.1 –8.0 –3.8
61 Telecommunications 558 135.1 2.4 –2.1 0.2
62 Computer programming... 683 140.6 1.5 –1.2 1.8
63 Information services 92 157.1 5.1 –2.6 2.2
L Real estate activities 1064 107.9 –0.2 2.3 0.7
M Specialised, scientific and technical activities 2210 121.5 0.7 –1.7 2.5
69 Legal and accounting activities 496 121.9 0.9 1.7 2.3
70 Activities of head offices and management consultancy 665 124.9 1.4 –1.8 3.3
71 Architecture and engineering activities 465 118.3 –2.4 0.9 0.8
72 Scientific research and development 313 109.5 3.5 –5.3 4.2
73 Advertising and market research 171 112.0 3.7 –8.5 1.1
74 Other professional, scientific and technical activities 71 181.1 –0.6 –8.1 4.9
75 Veterinary activities 29 126.7 –1.6 0.6 0.4
N Administrative and business service activities 1810 130.6 1.2 –1.3 3.0
77 Rental and leasing activities 545 127.8 0.5 –1.0 3.2
78 Employment activities 512 142.1 4.4 –2.0 4.3
79 Travel agency, tour operator 45 116.8 0.7 0.4 4.7
80 Security and investigation 109 126.2 –4.8 5.4 3.5
81 Services to building and landscape anctivities 248 119.4 –5.4 2.1 1.3
82 Other administrative and business support activities 351 129.4 4.2 –5.3 1.5
R Arts, entertainment and recreation 306 123.3 –2.0 0.2 –4.7
S Other personal services 338 110.6 –1.0 0.6 –0.4
  • (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
Jun. / May May / Apr. Apr. / Mar. Q2 2017 / Q1 2017 2016 / 2015
Services production 0.09 –0.22 –0.02 0.12 0.05
Raw series 0.45 –0.06 0.09 0.13 0.04
SA-WDA parameters –0.36 –0.16 –0.11 –0.01 0.01
  • How to read: in the services industries, the SA-WDA variation in output between May 2017 and June 2017 is revised by +0.09 points: +0.45 points due to the revisions of raw data and −0.36 points due the the update of SA-WDA parameters
  • Sources: DGFiP, INSEE