30 August 2019
2019- n° 226In Q2 2019, producer prices for services sold to French businesses increased by 0.9% Services producer price indices - second quarter 2019
In the second quarter of 2019, producer prices of services sold to French businesses rose sharply in a quarter (+0.9% after +0.1%) and gathered pace year on year (+1.4% after +1.2%).
- SPPI, production sold to French businesses: +0,9%
- Acceleration in prices for transport and storage services
- Rebound in prices for scientific and technical services and for information-communication services
- Sharp rebound in prices for accommodation-food services
- Slowdown in prices for real estate activities and administrative and support services
- SPPI, production sold to households in France: +0.8%
- SPPI, production sold on foreign markets: +1.2%
- SPPI (all markets): +0.9%
- 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 | 99.3 | 102.7 | 102.2 | 102.2 |
| 2019-Q2 | 100.5 | 103.6 | 103.0 | 103.1 |
graphiqueProducer price indices for all services
- Source : INSEE.
SPPI, production sold to French businesses: +0,9%
In the second quarter of 2019, producer prices of services sold to French businesses rose sharply in a quarter (+0.9% after +0.1%) and gathered pace year on year (+1.4% after +1.2%).
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 | 105.1 | 100.7 | 103.6 | 101.5 | 102.8 |
| 2018-Q4 | 104.8 | 100.7 | 104.2 | 102.2 | 102.7 |
| 2019-Q1 | 105.4 | 100.1 | 105.4 | 102.0 | 103.1 |
| 2019-Q2 | 106.7 | 101.1 | 105.7 | 103.1 | 103.3 |
graphiqueProducer price indices of services sold to French businesses
- Source : INSEE.
Acceleration in prices for transport and storage services
Prices for transport and storage services grew again in the second quarter 2019 (+1.2% after +0.6%) notably as a result of the acceleration in prices for “other transportation support activities” (+4.2% after +1.8%). Furthermore, the growth was related to the seasonal rise in prices for passenger air transport and to the acceleration in prices for land transport and transport via pipelines, following tariff evolutions voted by the French Energy Regulatory Commission. Year on year, prices for transport and storage services remained strong (+2.5% after +2.7%).
Rebound in prices for scientific and technical services and for information-communication services
Prices for scientific and technical services bounced back in the second quarter 2019 (+1.1% after −0.2%) driven by the recovery in prices for engineering activities and related technical consultancy (+1.5% after −0.2%). Prices for media representation grew seasonally in a quarter (+8.8% after −10.9%) because of the traditional rise in advertisement tariffs on various media in the second quarter and bounced back slightly year on year (+0.6% after –0.6%). Prices for information-communication services also rose (+1.0% after −0.6%), this was mainly attributable to the seasonal rebound in prices for programming and broadcasting services (+9.2% after −6.6%) following advertisement prices. Year on year, prices for scientific and technical services sped up sharply (+2.0% after +1.0%) and prices for information-communication services remained virtually stable.
Sharp rebound in prices for accommodation-food services
Prices for accommodation-food services went up sharply in the second quarter 2019 (+2.4% after −0.4%). Particularly, prices for hotel and similar accommodation services bounced back quarterly (+8.5% after −2.8%) and yearly (+1.0% after −2.0%).
Slowdown in prices for real estate activities and administrative and support services
Prices for real estate activities slowed down in the second quarter 2019 (+0.3% after +1.2%). This slight rise was attributable to that of prices for renting and operating services of own or leased real estate, especially office rentals. Prices for administrative and support services decelerated slightly (+0.2% after +0.4%). The growth of employment service prices (+0.9%) was diminished by the fall in prices for travel agency, tour operator services (−3.3%).
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 | 2019Q02 | Q/Q-1 | Q/Q-4 | |
| HS : all services | 1000 | 103.6 | 0.9 | 1.4 |
| H : transport. and storage | 201 | 106.7 | 1.2 | 2.5 |
| 49 : land and pipeline transport | 94 | 104.2 | 0.7 | 1.2 |
| 52 : warehousing and auxiliary services for transport | 77 | 109.3 | 1.5 | 4.2 |
| I : accommodation and food | 49 | 102.1 | 2.4 | 1.3 |
| J : information and communic. | 228 | 101.1 | 1.0 | 0.1 |
| 62 : IT services | 104 | 101.3 | 0.8 | 0.7 |
| L : real estate activities | 98 | 105.7 | 0.3 | 1.6 |
| M : prof., scient. and tech. | 214 | 103.1 | 1.1 | 2.0 |
| 69 : legal and accounting services | 47 | 99.7 | 0.6 | 1.5 |
| 70 : activities of head offices and management consulting services | 44 | 102.0 | 0.4 | 2.1 |
| 71 : architectural and engineering services | 82 | 104.1 | 1.4 | 2.5 |
| 73 : advertising and market research services | 21 | 104.3 | 2.8 | 0.8 |
| N : administ. and support serv. | 201 | 103.3 | 0.2 | 0.9 |
| 77 : renting & leasing services | 61 | 99.8 | -0.1 | 0.3 |
| 78 : employment services | 63 | 104.4 | 0.9 | 1.4 |
| 82 : office administrative and support services | 21 | 105.3 | 0.1 | -0.2 |
- BtoB: business to business
- Source: INSEE
SPPI, production sold to households in France: +0.8%
In the second quarter of 2019, producer prices of services sold to households in France sped up (+0.8% after +0.4%) mainly as a result of the recovery in prices for transport and storage services (+2.4% after −0.5%) and of the further rise in prices for accommodation-food services (+0.6% after +0.5%). Prices for real estate activities slowed down (+0.4% after +0.8%). Year on year, producer prices of services sold to households in France also gathered pace (+0.7% after +0.4%).
tableauServices producer price indices, services sold to households in France (BtoC), by sector
| Sections | Weight | Indices | Change in % | |
|---|---|---|---|---|
| 2019Q02 | Q/Q-1 | Q/Q-4 | ||
| HS : all services | 1000 | 103.0 | 0.8 | 0.7 |
| H : transport. and storage | 153 | 103.8 | 2.4 | 0.5 |
| I : accommodation and food | 282 | 105.5 | 0.6 | 1.6 |
| J : information and communic. | 139 | 101.3 | 0.5 | 0.1 |
| L : real estate activities | 298 | 101.2 | 0.4 | 0.1 |
| M : prof., scient. and tech. | 75 | 105.2 | 0.5 | 0.9 |
| N : administ. and support serv. | 37 | 98.1 | 0.5 | 0.2 |
- BtoC: business to consumer
- Source: INSEE
SPPI, production sold on foreign markets: +1.2%
Export prices recovered in the second quarter 2019 (+1.2% after −0.5%) mainly thanks to the rebound in prices for transport and storage services (+1.6% after −1.6%) and to the acceleration in prices for scientific and technical services (+1.3% after +0.6%). Year on year, export prices sped up sharply (+1.3% after +0.7%).
tableauServices producer price indices, export prices of services (BtoE), by sector
| Sections | Weight | Indices | Change in % | |
|---|---|---|---|---|
| 2019Q02 | Q/Q-1 | Q/Q-4 | ||
| HS : all services | 1000 | 100.5 | 1.2 | 1.3 |
| H : transport. and storage | 307 | 100.6 | 1.6 | 0.9 |
| J : information and communic. | 168 | 96.0 | 0.6 | -0.9 |
| M : prof., scient. and tech. | 281 | 101.8 | 1.3 | 2.8 |
| N : administ. and support serv. | 235 | 102.7 | 0.7 | 1.7 |
- BtoE: business to exports
- Source: INSEE
SPPI (all markets): +0.9%
In the second quarter of 2019, producer prices of services on all markets accelerated sharply on a quarter (+0.9% after +0.1%) and slightly year on year (+1.2% after +0.9%).
tableauServices producer price indices, export prices of services (BtoAll), by sector
| Sections | Weight | Indices | Change in % | |
|---|---|---|---|---|
| 2019Q02 | Q/Q-1 | Q/Q-4 | ||
| HS : all services | 1000 | 103.1 | 0.9 | 1.2 |
| H : transport. and storage | 200 | 105.1 | 1.5 | 1.8 |
| I : accommodation and food | 106 | 104.4 | 1.2 | 1.6 |
| J : information and communic. | 199 | 100.7 | 0.9 | 0.0 |
| L : real estate activities | 140 | 103.4 | 0.5 | 0.9 |
| M : prof., scient. and tech. | 185 | 103.1 | 1.0 | 2.0 |
| N : administ. and support serv. | 162 | 102.8 | 0.3 | 1.0 |
- 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 | 100.4 | 102.6 | 101.7 | 102.2 |
| 2018-Q4 | 103.5 | 103.0 | 100.3 | 102.0 | 102.1 | 102.1 |
| 2019-Q1 | 103.5 | 103.2 | 99.8 | 102.9 | 102.1 | 102.5 |
| 2019-Q2 | 105.1 | 104.4 | 100.7 | 103.4 | 103.1 | 102.8 |
graphiqueServices producer price indices, all markets
- Source: INSEE.
tableauRevision of variations
| Services producer price indices | 2019Q01 / 2018Q04 |
|---|---|
| - services sold to all markets | -0.2 |
| - services sold to French businesses | -0.3 |
| - services sold to consumers in France | -0.1 |
| - export of services | -0.2 |
- How to read it: the change in the services price index for services sold to French businesses between the fourth quarter 2018 and the first quarter 2019 published at the end of May 2019 was +0.4%. It has been revised at +0.1% ; that is to say a revision of -0.3 points.
For further information
Next publication: 29 November 2019 at 12.00 p.m.
Pour en savoir plus
Next publication: 29 November 2019 at 12.00 p.m.
Time series: Services producer price indices
