30 June 2020
N° 2020-170

In April 2020, further fall in services output (−12.6%)Index of services production - April 2020

In April 2020, output in services fell steeply again (−12.6% after −13.0% in March). Compared to February, the output declined by −23.9 %.

Informations rapides
No 170
Paru le : Paru le 30/06/2020
Informations rapides  No 170 - June 2020
Warning

With the containment of the population from 17 March to 10 may 2020, companies’ value added tax (VAT) declarations, used for the turnover indices, have been slightly adapted by the Directorate-General for Public Accounting; therefore, the indices of services production published here could be revised a little bit more than usual.

The commentary shows variations of subsections by decreasing contribution to the overall variation. The contribution of a subsection depends on the extent of the change and on its weight.

All data are corrected for seasonal adjustments and working day adjustments (SA-WDA).

SA-WDA models have been reestimated on a sub-period to adjust indices on the recent past, in order to provide improved fit and better robustness (SA-WDA models were until now estimated on the whole period of indices).

In April 2020, output in services fell steeply again (−12.6% after −13.0% in March). Compared to February, the output declined by −23.9 %.

In April 2020, the output decreased again in all subsections

In April 2020, output slumped again in accommodation and food service activities (−64.5% after −50.6%) and in household services (−43.1% after −32.9%), due to containment. It decreased less strongly in business support activities (−5.3% after −8.5% in March), both in specialised, scientific and technical activities (−4.5% after −6.6%) and in administrative and business support activities (−6.3% after −11.0%). In those two subsections, engineering activities or activities of head offices and management consultancy resisted more whereas travel agency, tour operator plummeted again. The output also decreased strongly in transportation and storage (−12.2% after −9.8%) notably in air transport. It turned down in information and communication (−4.8% after +0.3%).

Compared to February, output in services tumbled (−23.9%). The strongest declines occured in accommodation and food service activities (−82.5%), in arts, entertainment and recreation (−64.1%) and in other personal services (−57.3%), included some activities particularly touched like hairdressers. The decrease was also marked but much lower in business support activities (−10.8% in specialised, scientific and technical activities and −16.6% in administrative and business support activities) and in transportation and storage (−20.9%). In information and communication (−4.5%), the output decreased slightly compared to the rest of the services.

Index of services production

Index of services production ()
Business support (MN) Transportation and storage (H) Accommodation & food service (I) Information-communication (J) All services (SPI)
2016-01 101.88 100.76 101.0 102.65 101.28
2016-02 103.05 104.24 103.36 105.0 103.58
2016-03 99.83 102.13 102.47 103.81 101.09
2016-04 100.66 100.65 102.08 101.9 100.85
2016-05 102.29 101.59 102.8 102.88 102.18
2016-06 102.76 100.14 102.82 103.96 102.26
2016-07 100.44 101.04 102.71 104.42 101.58
2016-08 104.68 102.77 103.27 105.13 103.94
2016-09 102.64 98.79 103.97 105.27 102.58
2016-10 102.79 101.85 103.14 103.18 101.94
2016-11 104.13 102.31 103.29 105.48 103.98
2016-12 103.44 102.84 105.04 105.45 104.34
2017-01 106.04 104.03 105.02 104.34 104.86
2017-02 105.24 102.63 106.86 108.25 105.33
2017-03 107.26 104.5 107.39 110.58 106.81
2017-04 103.44 102.51 107.16 107.57 104.27
2017-05 108.96 107.38 106.51 110.0 107.37
2017-06 107.92 105.32 106.44 108.86 106.64
2017-07 108.11 106.84 108.27 113.06 108.51
2017-08 107.47 104.23 109.16 110.48 107.09
2017-09 107.64 103.76 108.39 111.57 107.02
2017-10 108.86 105.14 109.73 109.73 107.93
2017-11 108.37 104.06 111.74 111.58 108.26
2017-12 112.51 106.53 109.84 113.11 110.03
2018-01 111.72 109.67 112.25 113.62 111.53
2018-02 109.94 105.95 111.2 114.94 109.53
2018-03 109.98 106.79 111.0 114.05 109.21
2018-04 114.89 106.89 111.89 118.5 112.55
2018-05 111.71 104.06 113.07 115.32 110.58
2018-06 113.95 107.65 111.95 116.91 111.54
2018-07 112.5 106.74 110.37 118.26 111.21
2018-08 114.91 107.7 112.48 116.31 113.24
2018-09 115.73 107.02 114.4 116.41 112.94
2018-10 115.78 107.94 114.63 121.92 113.91
2018-11 116.08 108.04 113.68 118.95 113.62
2018-12 117.8 108.56 115.3 117.48 114.34
2019-01 113.47 108.67 115.27 119.76 112.97
2019-02 117.22 110.31 119.97 120.68 115.76
2019-03 118.37 109.49 116.95 121.55 116.0
2019-04 118.58 109.93 117.64 123.81 116.29
2019-05 118.14 109.31 115.57 122.49 115.94
2019-06 116.98 109.42 119.77 121.58 115.71
2019-07 117.75 109.01 114.51 123.03 116.22
2019-08 119.16 110.65 118.83 125.94 117.38
2019-09 119.96 112.0 118.76 125.4 117.95
2019-10 119.5 110.0 119.05 124.41 117.0
2019-11 119.57 108.62 119.82 124.91 117.35
2019-12 117.31 107.82 119.42 125.93 116.25
2020-01 119.47 107.18 120.54 124.86 116.78
2020-02 117.89 105.41 118.95 123.77 115.42
2020-03 107.92 95.04 58.76 124.17 100.45
2020-04 102.25 83.4 20.84 118.17 87.82

Index of services production

  • Sources: DGFiP, INSEE

Variation in the services production

2015 based, SA-WDA
Variation in the services production (2015 based, SA-WDA)
Nace classification Weight (1) Apr. 20 Change in %
Apr./Mar. Mar./Feb. Apr./Feb.
Index of services production 10000 87.8 -12.6 -13.0 -23.9
H transportation and storage 1504 83.4 -12.2 -9.8 -20.9
49 Land transport… 715 84.7 -15.9 -4.8 -20.0
50 Water transport 36 124.9 -0.2 5.1 4.8
51 Air transport 115 26.9 -62.4 -33.1 -74.8
52 Warehousing and support for transportation 504 97.6 1.3 -10.2 -9.0
53 Postal and courier activities 135 61.0 -16.2 -20.8 -33.6
I Accommodation and food service activities 870 20.8 -64.5 -50.6 -82.5
55 Accommodation 205 19.2 -63.0 -51.7 -82.1
56 Food and beverage service activities 664 21.3 -64.9 -50.3 -82.6
J Information-communication 1635 118.2 -4.8 0.3 -4.5
58 Publishing activities 208 95.9 -13.3 3.0 -10.7
59 Motion picture, sound recording, music publishing 119 81.1 -14.2 -9.6 -22.5
60 Programming and broadcasting activities 71 98.8 -12.3 5.4 -7.5
61 Telecommunications 415 102.1 -6.2 -0.2 -6.4
62 Computer programming... 720 138.0 -3.2 2.3 -0.9
63 Information services 102 145.6 14.7 -10.3 2.9
L Real estate activities 964 72.5 -19.4 -11.5 -28.7
M Specialised, scientific and technical activities 2540 103.2 -4.5 -6.6 -10.8
69 Legal and accounting activities 502 88.6 -11.0 -16.0 -25.2
70 Activities of head offices and management consultancy 739 108.0 2.7 -7.2 -4.7
71 Architecture and engineering activities 491 110.0 -3.9 -0.5 -4.3
72 Scientific research and development 559 104.7 -6.3 -2.1 -8.3
73 Advertising and market research 146 83.0 -8.7 -11.3 -19.0
74 Other professional, scientific and technical activities 79 136.7 -13.2 -2.7 -15.5
75 Veterinary activities 26 104.5 -2.5 -12.3 -14.5
N Administrative and business service activities 1748 100.8 -6.3 -11.0 -16.6
77 Rental and leasing activities 526 98.8 -10.8 -17.9 -26.8
78 Employment activities 502 117.8 0.0 -2.5 -2.5
79 Travel agency, tour operator 35 23.2 -49.2 -45.9 -72.5
80 Security and investigation 104 102.3 -3.4 -3.4 -6.7
81 Services to building and landscape activities 245 103.6 -7.2 -1.9 -8.9
82 Other administrative and business support activities 336 84.3 -8.1 -17.9 -24.6
R Arts, entertainment and recreation 460 44.3 -45.8 -33.8 -64.1
S Other personal services 278 45.2 -38.1 -31.0 -57.3
  • (1) Weight (10 000 = H…S excepting K, O, P, Q)
  • Note : given the discrepancies that may exist between the use of temporary employment and the invoices used to establish production indices, the evolution of output observed in the last two months in the sector of employment activities does not necessarily reflect well the evolution of activity over this period in the current particular circumstances.
  • Sources: DGFiP, INSEE

Services output fell steeply over the last three months

Over the last three months from February to April, services output fell steeply compared to the previous three months (−13.3%).

The output plummeted in accommodation and food services activities (−44.8%). It went down sharply in business support activities (−7.9%): more in administrative and business service activities (−10.2%) than in specialised, scientific and technical activities (−6.3%). The output also fell drastically in household services (−32.8%). It diminished sharply in transportation and storage (−12.3%) and in real estate activities (−14.6%) and more moderately in information and communication (−2.6%).

Output also fell over a year

In services, output of the last three months (February to April) declined by 12.7% compared to the same three months over a year.

It collapsed in accommodation and food service activities (−44.0%). It went down sharply in business support activities (−7.4%), more in administrative and business service activities (−9.5%) than in specialised, scientific and technical activities (−5.8%). The output also fell steeply in household services (−31.7%). It decreased sharply in transportation and storage (−13.9%) and in real estate activities (−14.9%) but was stable in information and communication.

Variation in the services production

2015 based, SA-WDA
Variation in the services production (2015 based, SA-WDA)
Nace classification Weight (1) Change in %
Apr./Mar. Mar./Feb. q-o-q (2) y-o-y (3)
Index of services production 10000 -12.6 -13.0 -13.3 -12.7
H Transportation and storage 1504 -12.2 -9.8 -12.3 -13.9
I Accommodation and food service activities 870 -64.5 -50.6 -44.8 -44.0
J Information and communication 1635 -4.8 0.3 -2.6 0.0
L Real estate activities 964 -19.4 -11.5 -14.6 -14.9
M+N Business support 4289 -5.3 -8.5 -7.9 -7.4
M Specialised, scientific and technical activities 2540 -4.5 -6.6 -6.3 -5.8
N Administrative and business service activities 1748 -6.3 -11.0 -10.2 -9.5
R+S Household services 738 -43.1 -32.9 -32.8 -31.7
  • (1) Weight (10 000 = H…S excepting K, O, P, Q)
  • (2) Quarter-on-quarter: last three months / previous three months
  • (3) Year-on-year: last three months / same three months of previous year
  • Sources: DGFiP, INSEE

Revisions

The month-on-month variation rate of the index of services production in March 2020 has been revised downwards by 0.4 points. Initially published at −12.6%, it has been stated at −13.0% after rounding.

Revision of variations

in percentage points
Revision of variations (in percentage points)
Mar./Feb. Feb./Jan. Jan./Dec. Q1 2020/Q4 2019 2019/ 2018
Services production -0.35 0.12 -0.02 -0.07 0.05
Raw series 0.04 0.03 -0.04 0.03 0.05
SA-WDA parameters -0.39 0.09 0.02 -0.1 0.00
  • How to read: in the services industries, the SA-WDA variation in output between February 2020 and March 2020 is revised by -0.35 points: +0.04 points due to the revisions of raw data and -0.39 points due to the update of SA-WDA parameters
  • Sources: DGFiP. INSEE

For further information

Next issue: 24 July 2020 at 12h00

Documentation

Services Prod index (pdf, 35 Ko)

Turnover indices (pdf, 28 Ko)

Next issue: 24 July 2020 at 12h00


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