Market services in 2017 - Report for market services accounts committee

Division « Services » de l’Insee, under the direction of Paul Franceschi, coordinated by Virginie Andrieux with the participation of Zoubir Bouziani, Sylvain Heck, Aline Nay, Éric Rakedjian and Philippe Varrambier

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No E2018/03
Paru le :Paru le06/07/2018
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Division « Services » de l’Insee, under the direction of Paul Franceschi, coordinated by Virginie Andrieux with the participation of Zoubir Bouziani, Sylvain Heck, Aline Nay, Éric Rakedjian and Philippe Varrambier
Documents de travail No E2018/03- July 2018

Market services in 2017: production accelerated, driven by sustained demand

In 2017, value added of non-financial market services increased by 3.7% in volume terms, after +2.4% in 2016. This increase was the strongest one since 2006. Business and public demand, current purchases or investments, sped up significantly (+4.3% after +2.6% in 2016). Households’ consumption in services remained vigorous (+2.0% after +1.7%), whereas consumption in goods slowed down. Production of specialized, scientific and technical services, IT services and data processing was particularly dynamic. Accommodation, catering and real estate activities accelerated. In this favorable context, employment in services sped up (+3.1% after +2.2%), driven by temporary work.