30 June 2020
2020- n° 170In 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 %.
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.
tableauIndex 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 |
graphiqueIndex of services production
- Sources: DGFiP, INSEE
tableauVariation in the services production
| 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.
tableauVariation in the services production
| 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.
tableauRevision of variations
| 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
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