Insee PremièreMarket services escaped slowdown in 2018

Virginie Andrieux, Bruno Hadot, Sylvain Heck, Aline Nay, Eric Rakedjian et Philippe Varrambier (division Services, Insee)

In 2018, the value added of non-financial market services increased at almost the same rate as in 2017 (+3.4% after +3.3% in volume). Services production accelerated (+4.0% after +3.4%), driven by scientific and technical activities and real estate activities.

Demand for non-financial market services remains strong in 2018, despite the economic slowdown. Intermediate consumption of services is dynamic (+3.9% after +3.7%) and household consumption expenditure remains on a positive trend (+2.3% after +2.2%). Exports of services are on the rise again and the external trade balance is rising sharply. Only investment is slowing down after leaping in 2017.

Insee Première
No 1762
Paru le :Paru le02/07/2019
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Virginie Andrieux, Bruno Hadot, Sylvain Heck, Aline Nay, Eric Rakedjian et Philippe Varrambier (division Services, Insee)
Insee Première No 1762- July 2019