30 September 2020
2020- n° 255In July 2020, services output slowed down (+2.7%) and remained below its February
level Index of services production - July 2020
In July 2020 output in services recovered again (+2.7% after +12.6% in June). Compared to February, the output remained in a sharp withdrawal (−11.1%).
The indices presented here generally reflect well the magnitude of the shocks on activity in recent months, but month-to-month variations in certain specific sectors may possibly suffer from lags compared to activity. Indeed, the measurement of index of services production is based in particular on invoicing computed from VAT declarations which may in some cases be lagged, as for example in the case of employment activities (temporary employment).
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).
In July 2020 output in services recovered again (+2.7% after +12.6% in June). Compared to February, the output remained in a sharp withdrawal (−11.1%).
In July 2020, the output increased in most sections
In July 2020, the output kept increasing strongly in transportation and storage (+13.1% after +12.4% in June) and in accommodation and food service activities (+23.9% after +129.8%), for all their sub-sectors. It kept increasing in administrative and business support activities (+5.1% after +3.3%), arts, entertainment and recreation (+38.5%, after +27.2%) and other personal services (+4.3% after +7.8%). By contrast, output fell back in information-communication (−1.0%), real estate activities (−7.1%) and specialised, scientific and technical activities (−5.8%).
Compared to February, output in services remained in a sharp withdrawal (−11.1%) notably in administrative and business support activities (−14.7%) and specialised, scientific and technical activities (−8.8%). The decline was even more important in accommodation and food service activities (−21.5%), and arts, entertainment and recreation (−33.4%). Transportation and storage (−9.3%), air transports (−51.0%) and warehousing and support for transportation (−12.6%) were the most impacted sectors while land transports got close to its output level before general lockdown (−2.4%). The output remained at a lower level than February in real estate activities (−12.0%) and other personal services (−8.2%). Information-communication was the only large sector where the output in June was close to February (−0.7%).
tableauIndex of services production
| Business support (MN) | Transportation and storage (H) | Accommodation & food service (I) | Information-communication (J) | All services (SPI) | |
|---|---|---|---|---|---|
| 2016-01 | 101.92 | 100.8 | 100.9 | 102.72 | 101.31 |
| 2016-02 | 103.01 | 104.47 | 103.23 | 104.87 | 103.57 |
| 2016-03 | 99.81 | 102.1 | 102.46 | 103.74 | 101.01 |
| 2016-04 | 100.63 | 100.68 | 102.06 | 101.68 | 100.8 |
| 2016-05 | 102.27 | 101.63 | 102.9 | 102.96 | 102.2 |
| 2016-06 | 102.73 | 100.18 | 102.74 | 104.01 | 102.29 |
| 2016-07 | 100.38 | 101.0 | 102.96 | 104.54 | 101.62 |
| 2016-08 | 104.71 | 102.76 | 103.3 | 105.06 | 103.96 |
| 2016-09 | 102.66 | 98.74 | 103.94 | 105.28 | 102.57 |
| 2016-10 | 102.83 | 101.73 | 103.15 | 103.21 | 101.96 |
| 2016-11 | 104.19 | 102.3 | 103.32 | 105.53 | 104.03 |
| 2016-12 | 103.52 | 102.81 | 105.0 | 105.49 | 104.35 |
| 2017-01 | 106.1 | 104.14 | 104.84 | 104.33 | 104.88 |
| 2017-02 | 105.15 | 102.83 | 106.71 | 108.15 | 105.29 |
| 2017-03 | 107.24 | 104.44 | 107.32 | 110.56 | 106.73 |
| 2017-04 | 103.29 | 102.51 | 107.12 | 107.14 | 104.12 |
| 2017-05 | 108.97 | 107.45 | 106.69 | 110.12 | 107.45 |
| 2017-06 | 107.9 | 105.42 | 106.2 | 108.9 | 106.7 |
| 2017-07 | 107.97 | 106.71 | 108.98 | 113.21 | 108.53 |
| 2017-08 | 107.54 | 104.19 | 109.21 | 110.51 | 107.14 |
| 2017-09 | 107.7 | 103.69 | 108.36 | 111.67 | 107.05 |
| 2017-10 | 108.93 | 104.93 | 109.72 | 109.72 | 107.94 |
| 2017-11 | 108.47 | 103.97 | 111.73 | 111.73 | 108.32 |
| 2017-12 | 112.6 | 106.52 | 109.75 | 113.33 | 110.08 |
| 2018-01 | 111.83 | 109.82 | 111.95 | 113.37 | 111.53 |
| 2018-02 | 109.76 | 106.27 | 111.03 | 114.79 | 109.46 |
| 2018-03 | 109.98 | 106.7 | 110.89 | 114.09 | 109.14 |
| 2018-04 | 114.54 | 106.88 | 111.8 | 117.69 | 112.22 |
| 2018-05 | 111.79 | 104.18 | 113.37 | 115.69 | 110.76 |
| 2018-06 | 113.97 | 107.93 | 111.52 | 116.84 | 111.65 |
| 2018-07 | 112.28 | 106.54 | 111.79 | 118.64 | 111.26 |
| 2018-08 | 115.0 | 107.61 | 112.47 | 116.58 | 113.32 |
| 2018-09 | 115.83 | 106.9 | 114.33 | 116.6 | 112.99 |
| 2018-10 | 115.85 | 107.62 | 114.57 | 121.85 | 113.89 |
| 2018-11 | 116.21 | 107.86 | 113.6 | 119.26 | 113.7 |
| 2018-12 | 117.88 | 108.6 | 115.16 | 117.93 | 114.42 |
| 2019-01 | 113.67 | 108.88 | 114.97 | 119.98 | 113.08 |
| 2019-02 | 116.94 | 110.55 | 119.77 | 120.62 | 115.64 |
| 2019-03 | 118.4 | 109.34 | 116.8 | 122.32 | 116.02 |
| 2019-04 | 117.99 | 109.96 | 117.54 | 123.04 | 115.87 |
| 2019-05 | 118.3 | 109.57 | 115.99 | 123.27 | 116.1 |
| 2019-06 | 117.17 | 109.85 | 119.03 | 122.17 | 115.85 |
| 2019-07 | 117.54 | 108.62 | 116.56 | 123.76 | 116.37 |
| 2019-08 | 119.23 | 110.5 | 118.82 | 126.38 | 117.48 |
| 2019-09 | 120.16 | 111.91 | 118.75 | 125.56 | 118.04 |
| 2019-10 | 119.64 | 109.86 | 119.02 | 124.93 | 117.12 |
| 2019-11 | 119.79 | 108.38 | 119.78 | 125.48 | 117.49 |
| 2019-12 | 117.59 | 107.69 | 119.51 | 126.81 | 116.52 |
| 2020-01 | 119.88 | 106.39 | 120.54 | 126.1 | 117.03 |
| 2020-02 | 117.64 | 104.33 | 119.0 | 124.45 | 115.3 |
| 2020-03 | 107.99 | 93.45 | 58.73 | 125.11 | 100.35 |
| 2020-04 | 101.32 | 81.96 | 21.06 | 118.84 | 87.35 |
| 2020-05 | 99.58 | 74.47 | 32.83 | 115.12 | 88.58 |
| 2020-06 | 106.27 | 83.68 | 75.44 | 124.85 | 99.77 |
| 2020-07 | 104.43 | 94.62 | 93.47 | 123.55 | 102.48 |
graphiqueIndex of services production
- Sources: DGFiP, INSEE
tableauVariation in the services production
| Nace classification | Weight (1) | July 20 | Change in % | ||||
|---|---|---|---|---|---|---|---|
| July/June | June/May | July/Feb | Q/Q-1 (2) | Q/Q-4 (3) | |||
| Index of services production | 10000 | 102.5 | 2.7 | 12.6 | -11.1 | -4.0 | -16.5 |
| H transportation and storage | 1504 | 95 | 13.1 | 12.4 | -9.3 | -9.6 | -22.9 |
| 49 Land transport… | 715 | 103.6 | 15.8 | 12.4 | -2.4 | -7.0 | -19.4 |
| 50 Water transport | 36 | 131.3 | 16.2 | 5.8 | 11.1 | -4.4 | -14.2 |
| 51 Air transport | 115 | 51.9 | 63.0 | -16.3 | -51.0 | -40.1 | -62.0 |
| 52 Warehousing and support for transportation | 504 | 90.6 | 7.9 | 13.3 | -12.6 | -13.2 | -24.0 |
| 53 Postal and courier activities | 135 | 88.4 | 0.7 | 24.2 | -3.6 | 10.5 | -5.3 |
| I Accommodation and food service activities | 870 | 93.5 | 23.9 | 129.8 | -21.5 | 1.5 | -42.6 |
| 55 Accommodation | 205 | 70.9 | 49.9 | 127.9 | -34.2 | -22.4 | -56.7 |
| 56 Food and beverage service activities | 664 | 100 | 19.4 | 130.1 | -18.0 | 7.9 | -38.7 |
| J Information-communication | 1635 | 123.6 | -1.0 | 8.5 | -0.7 | -1.3 | -1.5 |
| 58 Publishing activities | 208 | 106.9 | -4.0 | 12.4 | -1.1 | 2.0 | -5.4 |
| 59 Motion picture, sound recording, music publishing | 119 | 82.0 | 3.8 | 6.9 | -22.1 | -16.7 | -28.8 |
| 60 Programming and broadcasting activities | 71 | 90.8 | -0.1 | -20.5 | -14.6 | -6.4 | -9.0 |
| 61 Telecommunications | 415 | 118.3 | 5.8 | 6.8 | 7.5 | 2.3 | 5.4 |
| 62 Computer programming... | 720 | 137.5 | -3.5 | 10.5 | -1.8 | -2.7 | -1.0 |
| 63 Information services | 102 | 152.0 | -3.7 | 11.7 | 7.3 | 6.6 | 9.1 |
| L Real estate activities | 964 | 89.8 | -7.1 | 10.3 | -12.0 | 3.3 | -10.5 |
| M+N Business support | 4289 | 104.4 | -1.7 | 6.7 | -11.2 | -5.1 | -12.1 |
| M Specialised, scientific and technical activities | 2540 | 105.6 | -5.8 | 8.9 | -8.8 | -1.6 | -7.2 |
| 69 Legal and accounting activities | 502 | 114.0 | -3.6 | 7.7 | -2.6 | 12.8 | -4.0 |
| 70 Activities of head offices and management consultancy | 739 | 103.0 | -2.5 | -1.5 | -9.0 | -3.5 | -9.5 |
| 71 Architecture and engineering activities | 491 | 109.0 | -2.6 | 5.4 | -5.6 | -4.1 | -4.8 |
| 72 Scientific research and development | 559 | 95.8 | -15.7 | 30.2 | -16.0 | -9.1 | -8.7 |
| 73 Advertising and market research | 146 | 76.3 | -5.7 | -1.7 | -25.3 | -13.1 | -21.6 |
| 74 Other professional, scientific and technical activities | 79 | 170.7 | -1.6 | 22.2 | 2.7 | 6.8 | 0.5 |
| 75 Veterinary activities | 26 | 129.8 | -9.3 | 11.3 | 4.5 | 19.8 | 14.7 |
| N Administrative and business service activities | 1748 | 102.8 | 5.1 | 3.3 | -14.7 | -10.1 | -18.8 |
| 77 Rental and leasing activities | 526 | 113.0 | 0.1 | 14.1 | -14.2 | -4.7 | -11.5 |
| 78 Employment activities | 502 | 90.8 | 15.6 | -16.2 | -25.1 | -25.4 | -32.5 |
| 79 Travel agency, tour operator | 35 | 25.4 | 11.6 | 31.4 | -69.4 | -57.1 | -78.8 |
| 80 Security and investigation | 104 | 111.1 | 0.8 | 4.3 | 0.9 | 2.6 | -4.2 |
| 81 Services to building and landscape activities | 245 | 114.2 | -0.2 | 18.0 | -0.4 | -1.6 | -7.1 |
| 82 Other administrative and business support activities | 336 | 101.7 | 7.6 | 2.8 | -9.9 | -1.2 | -15.4 |
| R+S Household services | 738 | 87.8 | 21.9 | 17.0 | -24.8 | -7.1 | -39.7 |
| R Arts, entertainment and recreation | 460 | 82.3 | 38.5 | 27.2 | -33.4 | -24.0 | -52.3 |
| S Other personal services | 278 | 96.8 | 4.3 | 7.8 | -8.2 | 23.9 | -14.1 |
- (1) Weight (10 000 = H…S excepting K, O, P, Q)
- (2) last three months / previous three months
- (3) Year-on-year: last three months / same three months of previous year
- 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
Output also fell over a year
Over the last three months from May to July, services output fell steeply compared to the same period one year earlier (−16.5%).
The output plummeted in accommodation and food services activities (−42.6%) and in arts, entertainment and recreation (−52.3%). It decreased very sharply in transportation and storage (−22.9%), administrative and business service activities (−18.8%), specialised, scientific and technical activities (−7.2%), real estate activities (−10.5%) and more moderately in information and communication (−1.5%).
Revisions
The month-on-month variation rate of the index of services production in June 2020 has been revised upwards by 0.8 points. Initially published at +11.8%, it has been stated at +12.6%.
tableauRevision of variations
| June/May | May/April | April/March | Q2 2020/Q1 2020 | 2019/ 2018 | |
|---|---|---|---|---|---|
| Services production | 0.79 | -0.31 | -0.16 | -0.18 | 0.00 |
| Raw series | 0.15 | -0.08 | 0.06 | 0.06 | 0.01 |
| SA-WDA parameters | 0.64 | -0.23 | -0.22 | -0.24 | -0.01 |
- How to read: in the services industries, the SA-WDA variation in output between May 2020 and June 2020 is revised by +0.79 points: +0.15 points due to the revisions of raw data and +0.64 points due to the update of SA-WDA parameters
- Sources : DGFiP, Insee
For Further informations
Next issue 30 october 2020 at 12h00
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