29 May 2019
2019- n° 143In Q1 2019, producer prices for services sold to French businesses grew by 0.4% Services producer price indices - first quarter 2019
In the 1st quarter of 2019, producer prices of services sold to French businesses sped up in a quarter (+0.4% after +0.2%) and year on year (+1.5% after +1.0%).
- SPPI, production sold to French businesses: +0,4%
- Rise in prices for transport and storage services
- Acceleration in prices for real estate activities
- Slight rises in prices for administrative and support services and for accommodation-food services
- Stability in prices for scientific and technical services
- Virtual stability in prices for information-communication services
- SPPI, production sold to households in France: +0.5%
- SPPI, production sold on foreign markets: −0.3%
- SPPI (all markets): +0.3%
- For further information
tableauProducer price indices for all services
| Export | French businesses | Households in France | All markets | |
|---|---|---|---|---|
| 2015-Q1 | 100.0 | 99.7 | 99.3 | 99.6 |
| 2015-Q2 | 99.8 | 99.9 | 99.6 | 99.9 |
| 2015-Q3 | 100.7 | 100.1 | 101.6 | 100.5 |
| 2015-Q4 | 99.5 | 100.4 | 99.5 | 100.0 |
| 2016-Q1 | 98.4 | 100.2 | 99.7 | 99.9 |
| 2016-Q2 | 98.5 | 100.6 | 100.0 | 100.3 |
| 2016-Q3 | 99.3 | 100.5 | 101.6 | 100.7 |
| 2016-Q4 | 99.3 | 100.8 | 100.2 | 100.5 |
| 2017-Q1 | 99.2 | 100.6 | 100.7 | 100.5 |
| 2017-Q2 | 99.7 | 101.0 | 101.0 | 100.9 |
| 2017-Q3 | 99.4 | 100.9 | 102.8 | 101.2 |
| 2017-Q4 | 98.9 | 101.6 | 101.1 | 101.2 |
| 2018-Q1 | 98.6 | 101.5 | 101.8 | 101.3 |
| 2018-Q2 | 99.2 | 102.2 | 102.3 | 101.9 |
| 2018-Q3 | 100.3 | 102.4 | 104.2 | 102.7 |
| 2018-Q4 | 99.8 | 102.6 | 101.8 | 102.1 |
| 2019-Q1 | 99.5 | 103.0 | 102.3 | 102.4 |
graphiqueProducer price indices for all services
- Source : INSEE.
SPPI, production sold to French businesses: +0,4%
In the 1st quarter of 2019, producer prices of services sold to French businesses sped up in a quarter (+0.4% after +0.2%) and year on year (+1.5% after +1.0%).
tableauProducer price indices of services sold to French businesses
| H | J | L | M | N | |
|---|---|---|---|---|---|
| 2015-Q1 | 99.6 | 99.6 | 100.2 | 99.4 | 99.9 |
| 2015-Q2 | 100.4 | 99.9 | 100.0 | 99.6 | 100.0 |
| 2015-Q3 | 100.4 | 99.8 | 99.8 | 99.5 | 99.9 |
| 2015-Q4 | 99.6 | 100.8 | 100.0 | 101.6 | 100.1 |
| 2016-Q1 | 99.4 | 100.2 | 100.7 | 101.4 | 100.3 |
| 2016-Q2 | 99.8 | 100.6 | 101.0 | 101.5 | 100.6 |
| 2016-Q3 | 100.4 | 100.1 | 102.9 | 100.3 | 100.6 |
| 2016-Q4 | 100.3 | 101.0 | 102.2 | 100.8 | 100.7 |
| 2017-Q1 | 100.7 | 100.1 | 102.8 | 100.8 | 100.6 |
| 2017-Q2 | 101.2 | 100.5 | 103.2 | 100.7 | 101.1 |
| 2017-Q3 | 101.5 | 100.0 | 103.1 | 100.4 | 101.2 |
| 2017-Q4 | 102.1 | 101.1 | 104.3 | 101.2 | 101.4 |
| 2018-Q1 | 102.6 | 100.2 | 103.3 | 101.0 | 102.0 |
| 2018-Q2 | 104.1 | 101.0 | 104.0 | 101.1 | 102.4 |
| 2018-Q3 | 105.0 | 100.6 | 103.6 | 101.4 | 102.8 |
| 2018-Q4 | 104.8 | 100.9 | 104.3 | 102.1 | 102.7 |
| 2019-Q1 | 105.6 | 100.8 | 105.6 | 102.1 | 103.1 |
graphiqueProducer price indices of services sold to French businesses
- Source : INSEE.
Rise in prices for transport and storage services
Prices for transport and storage services picked up in the 1st quarter 2019 (+0.8% after −0.2%). Prices for warehousing and support activities for transportation ramped up (+1.6% after +0.7%) owing to, notably, annual revaluations of fee rates. Furthermore, prices for postal services under universal service obligation increased in the 1st quarter, as in the previous years. Conversely, prices for passenger air transport services went down, as every year in the 1st quarter. Year on year, prices for transport and storage services remained strong (+2.9% after +2.6%).
Acceleration in prices for real estate activities
Prices for real estate activities accelerated in the 1st quarter (+1.2% after +0.7%). This was the sharpest growth since the 4th quarter 2017. The rise was mainly owing to the increase in prices for renting and operating services of own or leased real estate, especially office rentals. Prices for real estate activities rocketed year on year (+2.2% after a stability).
Slight rises in prices for administrative and support services and for accommodation-food services
Prices for administrative and support services recovered in the 1st quarter 2019 (+0.4% after −0.1%), notably owing to the seasonal rise in prices for travel agency, tour operator and other reservation services and related services (+3.2%). Prices for employment services grew by 0.6%, as in the previous quarter, and by 1.7% year on year.
Prices for accommodation-food services slowed down in a quarter (+0.2% after +0.6%) but sped up year on year (+1.2% after +0.5%). In this quarter, the seasonal decline in prices for hotel and similar accommodation services aimed to professionals was less marked than the previous years (−0.3%) and did not offset the rise in food and beverage serving prices.
Stability in prices for scientific and technical services
Prices for scientific and technical services leveled off in the 1st quarter 2019, after +0.7% in the previous quarter. Prices for media representation dropped (−10.6%) after the seasonal increase in the previous quarter (+15,1%). This decline was counteracted by annual revaluations of other service prices such as other professional, scientific and technical services (+2.5%) and business and other management consulting services (+0.3%).
Virtual stability in prices for information-communication services
Prices for information-communication services were virtually stable (−0.1% after +0.3%). Prices for programming and broadcasting services went down seasonally (−7.0% after +6.5%). Those for motion picture production services also fell (−1.5%). These decreases were not totally offset by the rises in prices for computer programming, consultancy and related services (+0.4%) and those for edition services (+0.7%). Year on year, prices for information-communication services bounced back (+0.6% after −0.2%).
tableauServices producer price indices, services sold to French businesses (BtoB), by sector
| Sections and choices of | Weight | Indices | Change in % | |
|---|---|---|---|---|
| levels in NAF rev.2 | 2019Q01 | Q/Q-1 | Q/Q-4 | |
| HS : all services | 1000 | 103.0 | 0.4 | 1.5 |
| H : transport. and storage | 204 | 105.6 | 0.8 | 2.9 |
| 49 : land and pipeline transport | 91 | 103.5 | 0.3 | 1.7 |
| 52 : warehousing and auxiliary services for transport | 79 | 108.1 | 1.6 | 4.7 |
| I : accommodation and food | 50 | 100.3 | 0.2 | 1.2 |
| J : information and communic. | 225 | 100.8 | -0.1 | 0.6 |
| 62 : IT services | 101 | 101.2 | 0.4 | 1.1 |
| L : real estate activities | 98 | 105.6 | 1.2 | 2.2 |
| M : prof., scient. and tech. | 216 | 102.1 | 0.0 | 1.1 |
| 69 : legal and accounting services | 51 | 98.3 | 0.0 | 0.3 |
| 70 : activities of head offices and management consulting services | 45 | 101.9 | 0.4 | 1.2 |
| 71 : architectural and engineering services | 79 | 103.1 | 0.1 | 1.7 |
| 73 : advertising and market research services | 23 | 101.8 | -2.9 | 0.5 |
| N : administ. and support serv. | 199 | 103.1 | 0.4 | 1.1 |
| 77 : renting & leasing services | 64 | 99.8 | 0.0 | 0.0 |
| 78 : employment services | 59 | 103.5 | 0.6 | 1.7 |
| 82 : office administrative and support services | 21 | 105.3 | -0.1 | 1.3 |
- BtoB: business to business
- Source: INSEE
SPPI, production sold to households in France: +0.5%
In the 1st quarter of 2019, producer prices of services sold to households in France recovered (+0.5% after −2.3%) owing to, mainly, seasonal rises in prices for accommodation-food services aimed to households (+0.8%), during the winter holiday, and to the rise in prices for real estate activities (+0.8%). Year on year, they slowed down (+0.5% after +0.7%).
tableauServices producer price indices, services sold to households in France (BtoC), by sector
| Sections | Weight | Indices | Change in % | |
|---|---|---|---|---|
| 2019Q01 | Q/Q-1 | Q/Q-4 | ||
| HS : all services | 1000 | 102.3 | 0.5 | 0.5 |
| H : transport. and storage | 155 | 101.5 | -0.4 | 0.5 |
| I : accommodation and food | 277 | 105.2 | 0.8 | 1.3 |
| J : information and communic. | 145 | 101 | 0.4 | 0.3 |
| L : real estate activities | 299 | 100.8 | 0.8 | -0.1 |
| M : prof., scient. and tech. | 74 | 105 | 0.2 | 1.2 |
| N : administ. and support serv. | 35 | 97.4 | 0.4 | 0,0 |
- BtoC: business to consumer
- Source: INSEE
SPPI, production sold on foreign markets: −0.3%
Export prices went down again in the 1st quarter 2019 (−0.3% after −0.5%) but kept rising year on year (+0.9% as in the previous quarter). Prices for transport and storage services remained declining (−1.8% after −2.0%). Those for administrative and support services grew by 0.3% as in the previous quarter and those for scientific and technical services rallied (+0.8% after −0.3%).
tableauServices producer price indices, export prices of services (BtoE), by sector
| Sections | Weight | Indices | Change in % | |
|---|---|---|---|---|
| 2019Q01 | Q/Q-1 | Q/Q-4 | ||
| HS : all services | 1000 | 99.5 | -0.3 | 0.9 |
| H : transport. and storage | 291 | 98.7 | -1.8 | 0.1 |
| J : information and communic. | 168 | 96.6 | -0.2 | 0.4 |
| M : prof., scient. and tech. | 287 | 100.5 | 0.8 | 0.6 |
| N : administ. and support serv. | 244 | 102.1 | 0.3 | 2.4 |
- BtoE: business to exports
- Source: INSEE
SPPI (all markets): +0.3%
In the 1st quarter of 2019, on all markets, producer prices of services recovered (+0.3% after −0.6%). Year on year, they accelerated slightly (+1.1% after +0.9%).
tableauServices producer price indices, export prices of services (BtoAll), by sector
| Sections | Weight | Indices | Change in % | |
|---|---|---|---|---|
| 2019Q01 | Q/Q-1 | Q/Q-4 | ||
| HS : all services | 1000 | 102.4 | 0.3 | 1.1 |
| H : transport. and storage | 200 | 103.6 | 0.1 | 2.0 |
| I : accommodation and food | 106 | 103.6 | 0.6 | 1.2 |
| J : information and communic. | 198 | 100.4 | -0.1 | 0.5 |
| L : real estate activities | 140 | 103.0 | 1.0 | 0.9 |
| M : prof., scient. and tech. | 186 | 102.1 | 0.1 | 1.0 |
| N : administ. and support serv. | 161 | 102.5 | 0.4 | 1.2 |
- BtoAll: business to all
- Source: INSEE
tableauServices producer price indices, all markets
| H | I | J | L | M | N | |
|---|---|---|---|---|---|---|
| 2015-Q1 | 99.7 | 99.0 | 99.4 | 99.7 | 99.5 | 99.9 |
| 2015-Q2 | 100.3 | 99.0 | 99.8 | 99.9 | 99.6 | 100.1 |
| 2015-Q3 | 101.0 | 103.3 | 100.1 | 100.6 | 99.6 | 99.9 |
| 2015-Q4 | 99.0 | 98.7 | 100.7 | 99.8 | 101.3 | 100.1 |
| 2016-Q1 | 98.5 | 99.0 | 100.2 | 100.3 | 101.0 | 100.2 |
| 2016-Q2 | 98.9 | 100.2 | 100.5 | 100.7 | 101.0 | 100.3 |
| 2016-Q3 | 100.1 | 101.3 | 100.3 | 102.2 | 100.2 | 100.5 |
| 2016-Q4 | 99.5 | 99.9 | 101.0 | 101.1 | 100.6 | 100.7 |
| 2017-Q1 | 99.9 | 100.3 | 100.2 | 101.5 | 100.8 | 100.5 |
| 2017-Q2 | 100.8 | 100.8 | 100.4 | 101.9 | 100.7 | 100.9 |
| 2017-Q3 | 102.0 | 102.6 | 99.9 | 102.6 | 100.7 | 100.6 |
| 2017-Q4 | 101.3 | 101.4 | 100.8 | 102.2 | 101.3 | 100.6 |
| 2018-Q1 | 101.6 | 102.4 | 99.9 | 102.1 | 101.1 | 101.3 |
| 2018-Q2 | 103.2 | 102.8 | 100.7 | 102.5 | 101.1 | 101.8 |
| 2018-Q3 | 104.7 | 105.8 | 100.3 | 102.6 | 101.6 | 102.3 |
| 2018-Q4 | 103.5 | 103.0 | 100.5 | 102.0 | 102.0 | 102.1 |
| 2019-Q1 | 103.6 | 103.6 | 100.4 | 103.0 | 102.1 | 102.5 |
graphiqueServices producer price indices, all markets
- Source: INSEE.
tableauRevision of variations
| Services producer price indices | 2018Q04 / 2018Q03 |
|---|---|
| - services sold to all markets | -0.1 |
| - services sold to French businesses | 0,0 |
| - services sold to consumers in France | 0.0 |
| - export of services | 0.1 |
- How to read it: there was no change in the variation of the services price index for services sold to French businesses between the third quarter 2018 and the fourth quarter 2018. Published at the end of February 2018 at +0.2%, it has not been revised.
For further information
Next publication: 30 August 2019 at 12.00 p.m.
Pour en savoir plus
Next publication: 30 August 2019 at 12.00 p.m.
Time series: Services producer price indices
