29 November 2019
2019- n° 312In Q3 2019, producer prices for services sold to French businesses increased slightly
(+0.2%) Services producer price indices - third quarter 2019
In the 3rd quarter of 2019, producer prices in services sold to French businesses increased slightly (+0.2% after +0.9%). Year on year, they grew by 1.5%, as in the previous quarter.
- SPPI, production sold to French businesses: +0.2%
- Rises in prices for real estate activities and administrative and support services
- Downturns in prices for accommodation-food services and information-communication services
- Virtual stabilities in prices for transport and storage services and scientific and technical services
- SPPI, production sold to households in France: +1.9%
- SPPI, production sold on foreign markets: +0.9%
- SPPI (all markets): +0.8%
- 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 | 99.2 | 102.8 | 102.2 | 102.2 |
| 2019-Q2 | 100.3 | 103.7 | 103.0 | 103.1 |
| 2019-Q3 | 101.2 | 103.9 | 105.0 | 103.9 |
graphiqueProducer price indices for all services
- Source: INSEE.
SPPI, production sold to French businesses: +0.2%
In the 3rd quarter of 2019, producer prices in services sold to French businesses increased slightly (+0.2% after +0.9%). Year on year, they grew by 1.5%, as in the previous quarter.
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 | 104.9 | 100.7 | 104.2 | 102.2 | 102.6 |
| 2019-Q1 | 105.5 | 100.2 | 105.3 | 102.0 | 103.1 |
| 2019-Q2 | 106.7 | 101.2 | 105.7 | 103.0 | 103.2 |
| 2019-Q3 | 106.8 | 101.0 | 108.4 | 102.9 | 103.6 |
graphiqueProducer price indices of services sold to French businesses
- Source: INSEE.
Rises in prices for real estate activities and administrative and support services
Prices for real estate activities sped up sharply in the 3rd quarter of 2019 (+2.6% after +0.4%), driven by the strong rise in prices for renting and operating services of own or leased real estate, especially office rentals in Île-de-France. Year on year, prices for real estate activities sped up strongly (+4.6% after +1.6%).
Prices for administrative and support services increased anew (+0.4% after +0.1%), notably as a result of seasonal rebound in prices for travel agency, tour operator services and other reservation services and related services (+9.1% after –3.5%). Year on year, prices for administrative and support services remained up (+0.8%, as in the 2nd quarter of 2019).
Downturns in prices for accommodation-food services and information-communication services
Prices for accommodation-food services fell back in the 3rd quarter of 2019 (–0.4% after +2.9%), mainly thanks to the seasonal decline in prices for accommodation services (–2.2% after +10.3%). However, they sped up year on year (+2.7% after +1.8%).
Prices for information-communication services decreased slightly (–0.2% after +1.0%). The seasonal decline in prices for programming and broadcasting services (–8.9% after +9.1%) was partially offset by the new rise in prices for computer programming, consultancy and related services (+0.5% after +0.8%). Year on year, prices for information-communication services increased again (+0.3% after +0.2%).
Virtual stabilities in prices for transport and storage services and scientific and technical services
Prices for transport and storage services stabilized in the 3rd quarter of 2019 (+0.1% after +1.1%) and slowed down year on year (+1.6% after +2.5%). The seasonal rise in prices for air transport services counteracted the strong downturn, after seven consecutive quarters of increase, in prices for warehousing and support services for transportation (–1.0% after +1.5%).
Prices for scientific and technical services were virtually stable in the 3rd quarter of 2019 (–0.1% after +1.0%) despite the seasonal downturn in prices for advertising and market research services (–3.4% after +2.7%). Year on year, prices for transport and storage services slowed down slightly (+1.4% after +1.9%).
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 | 2019Q03 | Q/Q-1 | Q/Q-4 | |
| HS : all services | 1000 | 103.9 | 0.2 | 1.5 |
| H : transport. and storage | 201 | 106.8 | 0.1 | 1.6 |
| 49 : land and pipeline transport | 94 | 104.6 | 0.3 | 1.1 |
| 52 : warehousing and auxiliary services for transport | 77 | 108.1 | -1.0 | 2.3 |
| I : accommodation and food | 49 | 102.2 | -0.4 | 2.7 |
| J : information and communic. | 228 | 101.0 | -0.2 | 0.3 |
| 62 : IT services | 104 | 101.9 | 0.5 | 1.2 |
| L : real estate activities | 98 | 108.4 | 2.6 | 4.6 |
| M : prof., scient. and tech. | 214 | 102.9 | -0.1 | 1.4 |
| 69 : legal and accounting services | 47 | 99.3 | -0.2 | 0.5 |
| 70 : activities of head offices and management consulting services | 44 | 102.7 | 0.6 | 1.5 |
| 71 : architectural and engineering services | 82 | 104.3 | 0.3 | 1.9 |
| 73 : advertising and market research services | 21 | 100.7 | -3.4 | 0.1 |
| N : administ. and support serv. | 201 | 103.6 | 0.4 | 0.8 |
| 77 : renting & leasing services | 61 | 100.1 | 0.3 | 0.3 |
| 78 : employment services | 63 | 103.9 | -0.3 | 1.6 |
| 82 : office administrative and support services | 21 | 105.5 | 0.1 | -0.5 |
- BtoB: business to business
- Source: INSEE
SPPI, production sold to households in France: +1.9%
In the 3rd quarter of 2019, producer prices of services sold to households in France sped up (+1.9% after +0.8%) due to the seasonal rises in prices for accommodation-food services (+3.3% after +0.6%), transport and storage services (+3.4% after +2.4%) and real estate activities (+1.4% after +0.4%). Year on year, producer prices of services sold to households in France kept increasing (+0.8% after +0.7%).
tableauServices producer price indices, services sold to households in France (BtoC), by sector
| Sections | Weight | Indices | Change in % | |
|---|---|---|---|---|
| 2019Q03 | Q/Q-1 | Q/Q-4 | ||
| HS : all services | 1000 | 105.0 | 1.9 | 0.8 |
| H : transport. and storage | 153 | 107.3 | 3.4 | 1.6 |
| I : accommodation and food | 282 | 109.0 | 3.3 | 0.3 |
| J : information and communic. | 139 | 101.0 | -0.2 | -0.1 |
| L : real estate activities | 298 | 102.6 | 1.4 | 1.1 |
| M : prof., scient. and tech. | 75 | 105.8 | 0.1 | 0.6 |
| N : administ. and support serv. | 37 | 100.0 | 1.6 | 1.4 |
- BtoC: business to consumer
- Source: INSEE
SPPI, production sold on foreign markets: +0.9%
Export prices increased again in the 3rd quarter of 2019 (+0.9% after +1.1%) mainly thanks to the acceleration in prices for transport and storage services (+2.2% after +1.6%) and the rise in prices for scientific and technical services (+1.0% after +1.3%). Export prices for administrative and support services slowed down (+0.2% after +0.7%). Year on year, export prices increased again (+0.9% after +1.1%).
tableauServices producer price indices, export prices of services (BtoE), by sector
| Sections | Weight | Indices | Change in % | |
|---|---|---|---|---|
| 2019Q03 | Q/Q-1 | Q/Q-4 | ||
| HS : all services | 1000 | 101.2 | 0.9 | 0.9 |
| H : transport. and storage | 307 | 102.8 | 2.2 | 0.2 |
| J : information and communic. | 168 | 94.7 | -0.5 | -1.8 |
| M : prof., scient. and tech. | 281 | 102.6 | 1.0 | 2.5 |
| N : administ. and support serv. | 235 | 103.0 | 0.2 | 1.7 |
- BtoE: business to exports
- Source: INSEE
SPPI (all markets): +0.8%
In the 3rd quarter of 2019, producer prices of services on all markets kept increasing, on a quarter (+0.8% after +0.9%) and year on year (+1.2%, as in the 2nd quarter of 2019).
tableauServices producer price indices, export prices of services (BtoAll), by sector
| Sections | Weight | Indices | Change in % | |
|---|---|---|---|---|
| 2019Q03 | Q/Q-1 | Q/Q-4 | ||
| HS : all services | 1000 | 103.9 | 0.8 | 1.2 |
| H : transport. and storage | 200 | 106.2 | 1.0 | 1.4 |
| I : accommodation and food | 106 | 106.9 | 2.2 | 1.0 |
| J : information and communic. | 199 | 100.4 | -0.2 | 0.0 |
| L : real estate activities | 140 | 105.3 | 1.9 | 2.6 |
| M : prof., scient. and tech. | 185 | 103.2 | 0.1 | 1.5 |
| N : administ. and support serv. | 162 | 103.2 | 0.4 | 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 | 102.0 |
| 2019-Q1 | 103.6 | 103.2 | 99.8 | 102.9 | 102.1 | 102.5 |
| 2019-Q2 | 105.1 | 104.6 | 100.6 | 103.3 | 103.1 | 102.8 |
| 2019-Q3 | 106.2 | 106.9 | 100.4 | 105.3 | 103.2 | 103.2 |
graphiqueServices producer price indices, all markets
- Source: INSEE.
tableauRevision of variations
| Services producer price indices | 2019Q02 / 2019Q01 |
|---|---|
| - services sold to all markets | 0.0 |
| - 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 first quarter 2019 and the second quarter 2019. Published at the end of August 2019 at +0.9%, it has not been revised.
For further information
Next publication: 28 February 2020 at 12.00 p.m
Pour en savoir plus
Next publication: 28 February 2020 at 12.00 p.m
Time series: Services producer price indices
