29 September 2017
2017- n° 263In 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%).
graphiqueGraph1 – Index of services production
- Sources: DGFiP, INSEE
tableauTable1 – 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%.
tableauTable2 – 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
tableauTable3 – 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
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