Insee
Informations Rapides · 20 December 2024 · n° 322
Informations rapidesIn October 2024, services output fell again (‑0.2%) Index of services production - October 2024

In October 2024, output in services was again slightly down (-0.2% after ‑0.7% in September).

Informations rapides
No 322
Paru le :Paru le20/12/2024
Prochaine parution le : 31/01/2025 at 08:45 - November 2024

In October 2024, output in services was again slightly down (-0.2% after ‑0.7% in September).

Over a month, output in services fell mainly in professional, scientific and technical activities as well in transportation and storage

In October 2024*, output fell again in professional, scientific and technical activities (‑0.5% after ‑0.3%) and transportation and storage (‑0.6% after ‑2.5%), particularly in land transport (‑2.4% after +0.4%). Output fell more slightly in information-communication (‑0.3% after ‑0.5%). It slowed down in arts, entertainment and recreation** (+0.2% after +0.4%) and bounced back moderately in administrative and support service activities (+0.4% after ‑1.1%) and accommodation and food service activities (+0.2% after ‑0.5%). Finally, it was almost stable in real estate activities (‑0.1% as in September).

Index of services production

Index of services production
Business support (MN) All services (SPI) Transportation and storage (H) Accommodation; food service (I) Information-communication (J)
2024-10 116.58 120.25 110.84 155.33 122.44
2024-09 116.75 120.47 111.48 155.08 122.77
2024-08 117.48 121.38 114.39 155.81 123.34
2024-07 114.29 118.52 113.52 155.19 119.39
2024-06 114.71 117.99 108.55 154.09 119.31
2024-05 115.46 120.1 111.05 155.37 122.94
2024-04 117.31 121.3 116.82 154.32 122.42
2024-03 112.0 116.66 107.28 154.04 119.4
2024-02 114.54 118.41 108.05 155.24 120.2
2024-01 115.07 119.09 112.33 152.31 120.59
2023-12 114.48 119.15 115.86 154.45 120.16
2023-11 112.42 116.0 108.31 151.22 116.5
2023-10 112.51 116.43 108.77 152.17 119.44
2023-09 111.99 116.42 107.05 154.48 119.05
2023-08 112.37 116.73 108.39 150.79 118.24
2023-07 112.02 117.09 109.25 150.76 121.84
2023-06 112.49 117.22 109.21 154.75 118.91
2023-05 113.18 116.73 110.01 150.96 116.98
2023-04 109.4 114.16 107.02 149.9 113.51
2023-03 112.83 116.67 110.81 147.34 115.51
2023-02 110.75 114.96 108.85 149.4 114.95
2023-01 110.37 114.77 112.01 149.31 112.97
2022-12 110.9 114.77 109.31 149.34 114.09
2022-11 110.32 114.73 112.55 148.67 112.55
2022-10 109.65 114.94 113.6 147.61 113.78
2022-09 112.24 115.73 114.22 149.74 111.55
2022-08 109.92 114.84 111.51 148.19 113.79
2022-07 107.75 113.07 111.0 145.47 110.87
2022-06 108.93 113.49 112.21 146.34 108.25
2022-05 106.75 110.78 109.42 147.56 104.58
2022-04 107.49 110.44 107.91 142.86 106.29
2022-03 107.28 110.39 108.56 136.41 106.54
2022-02 107.79 109.22 108.1 130.99 105.32
2022-01 103.21 105.35 104.94 117.85 104.12
2021-12 105.17 107.62 105.56 129.46 104.99
2021-11 105.25 108.1 107.75 133.23 104.27
2021-10 103.86 105.79 102.95 132.43 101.11
2021-09 101.76 105.14 99.62 130.07 102.89
2021-08 98.9 102.78 101.17 130.27 100.52
2021-07 101.4 103.47 100.33 130.04 100.5
2021-06 98.68 100.24 100.64 112.27 99.74
2021-05 96.94 93.87 94.71 75.03 97.14
2021-04 98.23 93.36 98.27 53.13 99.1
2021-03 99.04 94.94 98.2 58.04 97.75
2021-02 95.51 92.57 96.51 58.86 95.74
2021-01 95.25 92.12 94.28 57.19 96.24

Index of services production

  • Source: DGFiP, INSEE.

Variation in the services production

2021 based, SA-WDA
Variation in the services production (2021 based, SA-WDA)
Nace classification Weight (1) Oct. 2024 Change in %
Sept. 2024/Aug. 2024 Oct. 2024/Sept. 2024 Q/Q-1 (2) Q/Q-4 (3)
Index of services production 10,000 120.3 -0.7 -0.2 1.5 3.6
H Transportation and storage 1,506 110.8 -2.5 -0.6 1.1 3.9
49 Land transport… 596 107.8 0.4 -2.4 0.8 2.2
50 Water transport 215 133.6 -12.2 4.2 -2.3 12.6
51 Air transport 39 160.1 -3.1 1.1 4.8 4.1
52 Warehousing and support for transportation 544 109.5 0.0 -1.2 2.9 3.1
53 Postal and courier activities 113 73.2 -7.4 2.0 0.1 -5.2
I Accommodation and food service activities 609 155.3 -0.5 0.2 0.3 1.9
55 Accommodation 129 173.4 -0.7 0.4 1.1 2.6
56 Food and beverage service activities 481 150.5 -0.4 0.1 0.1 1.7
J Information-communication 1,804 122.4 -0.5 -0.3 1.9 3.3
58 Publishing activities 244 108.6 1.5 -3.2 1.8 2.7
59 Motion picture, sound recording, music publishing 104 123.2 3.4 -2.9 0.1 -3.2
60 Programming and broadcasting activities 65 94.9 7.4 2.6 0.9 -11.2
61 Telecommunications 376 124.5 1.9 0.7 3.2 4.0
62 Computer programming... 877 126.8 -2.9 0.3 1.8 4.4
63 Information services 137 125.7 1.3 -0.7 1.1 6.9
L Real estate activities 915 101.4 -0.1 -0.1 1.8 2.1
M+N Business support 4,500 116.6 -0.6 -0.1 1.8 4.1
M Professional, scientific and technical activities 2,677 118.0 -0.3 -0.5 2.6 5.6
69 Legal and accounting activities 549 110.6 -3.1 1.5 3.3 5.6
70 Activities of head offices and management consultancy 801 131.7 -2.7 1.5 0.9 4.7
71 Architecture and engineering activities 530 113.9 1.8 -1.4 4.5 5.8
72 Scientific research and development 559 108.9 3.6 -4.5 3.6 7.9
73 Advertising and market research 129 104.6 2.4 -1.4 1.5 -0.5
74 Other professional, scientific and technical activities 80 147.3 2.0 -1.6 0.9 8.3
75 Veterinary activities 27 101.9 0.4 0.1 -0.7 8.5
N Administrative and support service activities 1,823 114.6 -1.1 0.4 0.8 2.0
77 Rental and leasing activities 589 117.9 -1.0 1.9 0.7 5.4
78 Employment activities 543 104.1 -1.1 -1.2 -0.3 -4.0
79 Travel agency, tour operator 13 206.0 3.5 -3.8 0.7 -7.5
80 Security and investigation 103 121.9 -0.4 -1.9 3.1 6.6
81 Services to building and landscape activities 262 110.3 -3.4 -0.9 2.4 3.9
82 Other administrative and business support activities 313 123.8 -0.2 2.2 0.5 3.5
R+S Household services 667 154.2 0.2 0.1 0.8 3.8
R Arts, entertainment and recreation 439 174.6 0.4 0.2 0.7 4.5
S Other service activities 228 114.8 -0.3 -0.1 1.1 1.9
  • (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.
  • Source : DGFiP, INSEE.

From August to October 2024, output in services was up by 3.6% compared to the same period a year earlier

Cumulated output for the last three months (August to October 2024) was 3.6% higher than that of the same months a year earlier. This increase was mainly driven by professional, scientific and technical activities (+5.6%), information-communication (+3.3%) and transportation and storage (+3.9%), where water transport was particularly dynamic (+12.6%). Output also increased over a year in administrative and support service activities (+2.0%), arts, entertainment and recreation** (+4.5%), real estate activities (+2.1%) and accommodation and food service activities (+1.9%).

Revisions

The monthly change in the services production index in September 2024 has been revised upwards by +0.3 points compared to the previous release and stands now at ‑0.7% (after rounding).

Revision of variations

in percentage points
Revision of variations (in percentage points)
July 2024/June 2024 Aug. 2024/July 2024 Sept. 2024/Aug. 2024 Q3 2024/Q2 2024 2023/2022
Services production -0.06 0.01 0.29 0.06 0.02
Raw series -0.09 0.02 0.31 0.08 0.01
SA-WDA parameters 0.03 -0.01 -0.02 -0.02 0.01
  • How to read: in the services industries, the SA-WDA percentage change in output between August and September 2024 is revised by +0.29 points : +0.31 points due to the revisions of raw data and -0.02 points due to the update of SA-WDA parameters.
  • Source : DGFiP, INSEE.

For Further information

*All data are seasonally and working-day adjusted (SA-WDA)

** The Comité des Jeux Olympiques et Paralympiques de Paris 2024 (i.e. Paris 2024 Olympic and Paralympic Games Committee: COJOP) is a non-profit association. This legal form does not fall within the scope of calculating turnover indices, and associated ticket sales to this event are therefore not taken into account in these indices.

Next issue: 31 January 2025 at 08:45 am.

Pour en savoir plus

*All data are seasonally and working-day adjusted (SA-WDA)

** The Comité des Jeux Olympiques et Paralympiques de Paris 2024 (i.e. Paris 2024 Olympic and Paralympic Games Committee: COJOP) is a non-profit association. This legal form does not fall within the scope of calculating turnover indices, and associated ticket sales to this event are therefore not taken into account in these indices.

Next issue: 31 January 2025 at 08:45 am.

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