Informations Rapides ·
26 February 2021 · n° 056
In December 2020, services output bounced back (+5.6%) but remained below its February
2020 level (−5.3%) Index of services production - December 2020
In December 2020, services output bounced (+5.6% after −5.5% in November), in connection with the easing in the measures taken to contain the epidemic. Compared with February 2020 (last month before the first lockdown), however, it remained sharply down (−5.3%).
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 services production change is based mostly on invoicing computed from VAT declarations which may in some cases be lagged, as for example in the case of employment activities (temporary employment).
In the following paragraphs, percentage changes by subsections are presented in descending order of their contribution to the overall percentage change of the services production index. The contribution of a subsection takes into account its weight and the magnitude of its evolution.
All data are corrected for seasonal and working day effects (SA-WDA).
In December 2020, services output bounced (+5.6% after −5.5% in November), in connection with the easing in the measures taken to contain the epidemic. Compared with February 2020 (last month before the first lockdown), however, it remained sharply down (−5.3%).
In December 2020, output was up for most sectors
In December 2020, output increased markedly in specialised, scientific and technical activities (+7.0% after –2.1%). Due to the easing in December of measures related to the health situation, it bounced back strongly in other service activities (+ 67.5% after –33.3%) which includes for example hairdressing activities, and in the accommodation and food services activities (+ 15.9% after –46.1%). Output increased greatly in real estate activities (+11.0% after –6.6%), and in information and communication (+4.6% after + 0.1%) and more moderately in administrative and business service activities (+ 0.9% after + 1.0%). Conversely, output kept on falling in arts, entertainment and recreation (–1.2% after –12.0%), and in transportation and storage (−2.0% after −0.6%).
Output in services stood at a lower level (−5.3%) than in February 2020, in particular in accommodation and food services activities (−52.8%), arts, entertainment and recreation (−41.1%), transportation and storage (−10.1%) with a collapse in air transport (−52.3%). The decline was more moderate in administrative and business service activities (–3.8%) and real estate activities (–1.4%). Compared with February, output was up in information and communication (+8.1%) and in specialised , scientific and technical activities (+7,6%).
tableauIndex of services production
| Business support (MN) | Transportation and storage (H) | Accommodation & food service (I) | Information-communication (J) | All services (SPI) | |
|---|---|---|---|---|---|
| 2016-01 | 101.87 | 100.81 | 100.84 | 102.74 | 101.28 |
| 2016-02 | 102.97 | 104.47 | 102.55 | 104.91 | 103.48 |
| 2016-03 | 99.79 | 102.03 | 102.37 | 103.78 | 101.03 |
| 2016-04 | 100.61 | 101.0 | 102.04 | 101.52 | 100.81 |
| 2016-05 | 102.24 | 101.5 | 102.86 | 103.0 | 102.14 |
| 2016-06 | 102.82 | 100.06 | 102.76 | 103.95 | 102.27 |
| 2016-07 | 100.26 | 101.07 | 102.88 | 104.45 | 101.55 |
| 2016-08 | 104.72 | 102.69 | 103.25 | 105.19 | 103.93 |
| 2016-09 | 102.66 | 98.65 | 103.98 | 105.26 | 102.55 |
| 2016-10 | 102.88 | 101.93 | 103.19 | 103.41 | 102.06 |
| 2016-11 | 104.27 | 102.33 | 103.52 | 105.52 | 104.16 |
| 2016-12 | 103.46 | 102.63 | 105.0 | 105.44 | 104.3 |
| 2017-01 | 106.04 | 104.04 | 104.95 | 104.37 | 104.82 |
| 2017-02 | 105.14 | 102.81 | 106.33 | 108.01 | 105.22 |
| 2017-03 | 107.27 | 104.38 | 107.31 | 110.59 | 106.77 |
| 2017-04 | 103.27 | 102.91 | 107.07 | 106.9 | 104.13 |
| 2017-05 | 108.86 | 107.24 | 106.65 | 110.14 | 107.33 |
| 2017-06 | 107.97 | 105.25 | 106.32 | 108.96 | 106.69 |
| 2017-07 | 107.92 | 106.85 | 108.66 | 113.21 | 108.48 |
| 2017-08 | 107.61 | 104.23 | 109.14 | 110.62 | 107.12 |
| 2017-09 | 107.69 | 103.55 | 108.44 | 111.6 | 107.0 |
| 2017-10 | 109.01 | 105.32 | 109.88 | 110.14 | 108.15 |
| 2017-11 | 108.55 | 103.97 | 112.19 | 111.7 | 108.56 |
| 2017-12 | 112.49 | 106.28 | 109.82 | 113.16 | 110.01 |
| 2018-01 | 111.62 | 109.68 | 112.29 | 113.41 | 111.39 |
| 2018-02 | 109.85 | 106.26 | 109.94 | 114.58 | 109.32 |
| 2018-03 | 109.99 | 106.67 | 110.84 | 114.09 | 109.16 |
| 2018-04 | 114.56 | 107.24 | 111.82 | 117.36 | 112.23 |
| 2018-05 | 111.7 | 103.98 | 113.37 | 115.6 | 110.62 |
| 2018-06 | 114.08 | 107.67 | 111.61 | 117.11 | 111.67 |
| 2018-07 | 112.22 | 106.61 | 111.46 | 118.8 | 111.22 |
| 2018-08 | 115.07 | 107.86 | 112.55 | 116.51 | 113.25 |
| 2018-09 | 115.73 | 106.66 | 114.41 | 116.63 | 112.85 |
| 2018-10 | 115.99 | 108.33 | 114.92 | 122.53 | 114.36 |
| 2018-11 | 116.08 | 107.86 | 114.15 | 119.04 | 113.63 |
| 2018-12 | 117.93 | 108.34 | 115.35 | 117.18 | 114.35 |
| 2019-01 | 113.79 | 108.68 | 115.41 | 119.78 | 113.03 |
| 2019-02 | 116.82 | 110.55 | 117.85 | 119.89 | 115.23 |
| 2019-03 | 118.24 | 109.38 | 116.76 | 122.06 | 115.94 |
| 2019-04 | 117.94 | 110.17 | 117.52 | 122.31 | 115.76 |
| 2019-05 | 117.99 | 109.41 | 116.02 | 122.9 | 115.82 |
| 2019-06 | 117.1 | 109.67 | 119.13 | 122.32 | 115.81 |
| 2019-07 | 116.96 | 108.91 | 116.16 | 123.67 | 116.09 |
| 2019-08 | 119.35 | 111.24 | 119.0 | 126.38 | 117.44 |
| 2019-09 | 119.7 | 111.57 | 119.03 | 125.5 | 117.58 |
| 2019-10 | 119.34 | 111.03 | 119.63 | 125.24 | 117.04 |
| 2019-11 | 119.48 | 108.4 | 120.07 | 125.05 | 116.78 |
| 2019-12 | 117.89 | 107.4 | 120.08 | 125.73 | 116.51 |
| 2020-01 | 119.76 | 106.34 | 121.32 | 125.65 | 116.89 |
| 2020-02 | 117.34 | 104.34 | 115.9 | 123.76 | 114.72 |
| 2020-03 | 107.51 | 93.5 | 58.69 | 125.13 | 100.13 |
| 2020-04 | 101.46 | 81.76 | 21.08 | 117.99 | 87.25 |
| 2020-05 | 99.34 | 73.98 | 32.79 | 114.64 | 88.32 |
| 2020-06 | 105.19 | 83.5 | 75.7 | 125.19 | 99.34 |
| 2020-07 | 103.77 | 95.21 | 94.61 | 123.41 | 102.4 |
| 2020-08 | 106.49 | 93.63 | 105.41 | 128.22 | 106.57 |
| 2020-09 | 112.97 | 94.98 | 99.14 | 122.9 | 109.32 |
| 2020-10 | 116.43 | 96.67 | 87.53 | 127.73 | 108.87 |
| 2020-11 | 115.4 | 96.09 | 47.18 | 127.91 | 102.86 |
| 2020-12 | 120.65 | 94.18 | 54.67 | 133.83 | 108.61 |
graphiqueIndex of services production
- Sources: DGFiP, INSEE
tableauVariation in the services production
| Nace classification | Weight (1) | Dec 20 | Change in % | ||||
|---|---|---|---|---|---|---|---|
| Dec./Nov. | Nov./Oct. | Dec./Feb. | Q/Q-1(2) | Q/ Q-4(3) | |||
| Index of services production | 10000 | 108.6 | 5.6 | -5.5 | -5.3 | 0.6 | -8.6 |
| H Transportation and storage | 1504 | 94.2 | -2.0 | -0.6 | -9.7 | 1.1 | -12.2 |
| 49 Land transport… | 715 | 98.1 | -8.3 | 4.0 | -7.4 | 0.3 | -8.8 |
| 50 Water transport | 36 | 138.7 | -4.9 | 0.7 | 16.8 | 8.9 | 4.2 |
| 51 Air transport | 115 | 51.0 | 68.5 | -33.5 | -52.3 | -9.9 | -60.7 |
| 52 Warehousing and support for transportation | 504 | 95.9 | 3.0 | -5.1 | -7.7 | 0.6 | -11.1 |
| 53 Postal and courier activities | 135 | 91.6 | -0.2 | 3.5 | 0.8 | 10.4 | 3.2 |
| I Accommodation and food service activities | 870 | 54.7 | 15.9 | -46.1 | -52.8 | -36.7 | -47.4 |
| 55 Accommodation | 205 | 44.2 | 17.1 | -42.8 | -59.0 | -35.1 | -54.8 |
| 56 Food and beverage service activities | 664 | 57.9 | 15.6 | -46.8 | -51.1 | -37.1 | -45.3 |
| J Information-communication | 1635 | 133.8 | 4.6 | 0.1 | 8.1 | 4.0 | 3.6 |
| 58 Publishing activities | 208 | 123.3 | 13.2 | -1.8 | 14.5 | 4.3 | 3.6 |
| 59 Motion picture, sound recording, music publishing | 119 | 102.1 | 3.8 | -1.1 | -3.3 | 12.8 | -7.3 |
| 60 Programming and broadcasting activities | 71 | 123.8 | 3.2 | 7.3 | 20.4 | 12.4 | 6.3 |
| 61 Telecommunications | 415 | 127.6 | 13.4 | -5.5 | 16.1 | -0.2 | 9.3 |
| 62 Computer programming... | 720 | 140.9 | -0.6 | 1.5 | 1.8 | 3.3 | 0.4 |
| 63 Information services | 102 | 174.9 | 2.1 | 8.9 | 20.7 | 11.1 | 15.9 |
| L Real estate activities | 964 | 99.8 | 11.0 | -6.6 | -1.4 | -3.6 | -4.7 |
| M+N Business support | 4289 | 120.6 | 4.6 | -0.9 | 2.8 | 9.0 | -1.2 |
| M Specialised, scientific and technical activities | 2540 | 124.1 | 7.0 | -2.1 | 7.6 | 9.2 | 2.5 |
| 69 Legal and accounting activities | 502 | 125.6 | 0.9 | 1.8 | 6.4 | 5.2 | 2.7 |
| 70 Activities of head offices and management consultancy | 739 | 116.9 | 3.5 | -1.5 | 4.0 | 9.3 | -0.5 |
| 71 Architecture and engineering activities | 491 | 115.3 | -1.2 | 1.0 | -1.0 | 3.9 | -4.1 |
| 72 Scientific research and development | 559 | 141.2 | 27.7 | -9.1 | 23.4 | 17.0 | 13.8 |
| 73 Advertising and market research | 146 | 100.7 | 5.7 | -3.5 | -1.3 | 19.2 | -5.3 |
| 74 Other professional, scientific and technical activities | 79 | 156.5 | -0.1 | -0.5 | 6.1 | 6.1 | 4.3 |
| 75 Veterinary activities | 26 | 135.9 | 0.5 | 2.3 | 9.8 | 2.9 | 10.6 |
| N Administrative and business service activities | 1748 | 115.6 | 0.9 | 1.0 | -3.8 | 8.8 | -6.2 |
| 77 Rental and leasing activities | 526 | 121.6 | 0.4 | -0.6 | -8.0 | 5.4 | -4.0 |
| 78 Employment activities | 502 | 112.8 | -3.1 | 8.3 | -5.2 | 20.4 | -11.9 |
| 79 Travel agency, tour operator | 35 | 29.3 | 30.2 | -27.3 | -65.0 | -26.6 | -72.6 |
| 80 Security and investigation | 104 | 112.3 | -4.1 | 2.0 | -0.4 | 1.3 | -0.5 |
| 81 Services to building and landscape anctivities | 245 | 124.9 | -2.7 | 5.9 | 9.0 | 5.1 | 6.7 |
| 82 Other administrative and business support activities | 336 | 113.5 | 13.3 | -10.4 | 0.0 | 5.9 | -6.0 |
| R+S Household services | 738 | 87.2 | 23.0 | -20.9 | -25.4 | -13.5 | -31.0 |
| R Arts, entertainment and recreation | 460 | 72.7 | -1.2 | -12.0 | -41.1 | -16.9 | -39.1 |
| S Other personal services | 278 | 111.1 | 67.5 | -33.3 | 5.1 | -8.2 | -15.3 |
- (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 decreased over a year in a majority of sectors
In services, output for the last quarter 2020 was 8.6% lower than in the same quarter of 2019.
Output fell sharply in accommodation and food services activities (−47.4%), arts, entertainment and recreation (−39.1%), transportation and storage (−12.2%) and administrative and business services activities (−6.2%). In the latter sector, only services relating to buildings and landscaping, which include cleaning activities, were on the rise (+6.7%). The decline was more limited in real estate activities (−4.7%). Conversely, production was up in specialised, scientific and technical activities (+2.5%) and information-communication (+3.6%).
Revisions
The month-on-month percentage change of the index of services production in November 2020 has been revised downwards by 0.2 points. Initially published at −5.3%, it is now evaluated at −5.5%.
tableauRevision of variations
| Nov./Oct. | Oct./Sept. | Sept./Aug. | Q3 2020/Q2 2020 | 2019/2018 | |
|---|---|---|---|---|---|
| Services production | -0.20 | -0.04 | -0.03 | -0.13 | -0.02 |
| Raw series | -0.15 | -0.07 | -0.03 | -0.04 | -0.02 |
| SA-WDA parameters | -0.05 | 0.03 | 0.00 | -0.09 | 0.00 |
- How to read: in the services industries, the SA-WDA percentage change in output between October 2020 and November 2020 is revised by -0.20 points: -0.15 points due to the revisions of raw data and -0.05 points due to the update of SA-WDA parameters
- Sources : DGFiP, Insee
For Further informations
Next issue 31 March 2021 at 12.00
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