Insee
Informations Rapides · 27 February 2025 · n° 49
Informations rapidesIn December 2024, services output slowed down (+0.2%)  Index of services production - December 2024

In December 2024, output in services slowed down (+0.2% after +0.7% in November): the strong increase in transportation and storage was almost offset by the decline in output in all other sectors.

Informations rapides
No 49
Paru le :Paru le27/02/2025
Prochaine parution le : 28/03/2025 at 08:45 - January 2025

In December 2024, output in services slowed down (+0.2% after +0.7% in November): the strong increase in transportation and storage was almost offset by the decline in output in all other sectors.

Over one month, services output increased only in transportation and storage

In December 2024*, output accelerated strongly in transportation and storage (+5.2% after +0.9%) with a very sharp rebound in water transport (+27.4% after ‑2.1%). At the same time, output declined in all other service sectors. It fell back in professional, scientific and technical activities (‑0.8% after +1.2%), information-communication (‑0.9% after +1.0%), administrative and support service activities (‑0.7% after +0.5%) and accommodation and food service activities (‑0.2% after +0.6%). It declined again in real estate activities (‑0.3% after ‑0.2%) and in arts, entertainment and recreation (‑0.4% after ‑1.0%).

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)
2024-12 116.66 121.45 120.76 156.2 121.56
2024-11 117.55 121.27 114.8 156.49 122.62
2024-10 116.49 120.42 113.72 155.5 121.4
2024-09 116.54 120.43 112.84 155.21 122.19
2024-08 117.75 121.45 114.99 155.36 122.99
2024-07 113.78 118.19 113.12 155.15 119.41
2024-06 114.63 118.03 109.16 153.91 119.22
2024-05 115.69 120.47 111.75 155.35 122.84
2024-04 117.1 121.24 116.75 154.86 122.65
2024-03 111.99 116.61 107.66 154.1 119.06
2024-02 114.46 118.34 108.34 155.32 120.03
2024-01 115.19 119.14 112.39 152.69 120.29
2023-12 114.33 119.06 114.88 154.88 120.9
2023-11 112.39 115.78 108.24 150.09 115.96
2023-10 112.63 116.45 108.73 152.09 119.23
2023-09 111.86 116.34 107.53 154.32 118.63
2023-08 112.44 116.74 108.75 150.9 118.12
2023-07 111.97 116.99 108.85 150.67 121.74
2023-06 112.34 117.15 109.29 154.69 118.79
2023-05 113.1 116.79 110.28 150.94 116.89
2023-04 109.25 114.09 106.7 150.11 113.65
2023-03 112.83 116.59 111.01 147.36 115.41
2023-02 110.75 114.94 108.92 149.49 114.89
2023-01 110.5 114.79 111.89 149.64 112.94
2022-12 111.02 115.0 108.94 149.46 114.97
2022-11 109.99 114.52 112.73 147.91 112.23
2022-10 109.76 114.95 113.66 147.51 113.48
2022-09 112.15 115.66 114.46 149.66 111.35
2022-08 110.0 114.89 111.78 148.27 113.66
2022-07 107.75 113.01 110.79 145.43 110.75
2022-06 109.04 113.55 112.35 146.33 108.12
2022-05 106.69 110.8 109.5 147.58 104.61
2022-04 107.38 110.36 107.71 142.9 106.25
2022-03 107.31 110.34 108.64 136.4 106.49
2022-02 107.88 109.25 108.16 131.01 105.3
2022-01 103.31 105.37 104.88 118.02 104.12
2021-12 105.13 107.71 105.39 129.58 105.49
2021-11 105.02 107.98 107.72 132.97 104.25
2021-10 103.91 105.8 103.07 132.32 100.84
2021-09 101.71 105.09 99.78 130.04 102.79
2021-08 98.98 102.82 101.17 130.34 100.47
2021-07 101.44 103.46 100.2 129.97 100.42
2021-06 98.72 100.28 100.75 112.31 99.67
2021-05 96.94 93.9 94.74 75.11 97.29
2021-04 98.16 93.31 98.15 53.13 99.12
2021-03 99.06 94.93 98.25 58.06 97.81
2021-02 95.58 92.6 96.52 58.91 95.73
2021-01 95.33 92.12 94.25 57.26 96.11

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) Dec. 2024 Change in %
Nov. 2024/Oct. 2024 Dec. 2024/Nov. 2024 Q/Q-1 (2) Q/Q-4 (3)
Index of services production 10,000 121.5 0.7 0.2 0.9 3.4
H Transportation and storage 1,506 120.8 0.9 5.2 2.4 5.3
49 Land transport… 596 111.5 2.9 -1.4 0.9 2.4
50 Water transport 215 179.7 -2.1 27.4 8.0 16.2
51 Air transport 39 178.3 -1.7 13.8 1.5 5.2
52 Warehousing and support for transportation 544 112.5 0.4 1.2 1.3 4.2
53 Postal and courier activities 113 76.8 2.7 0.6 3.4 -2.4
I Accommodation and food service activities 609 156.2 0.6 -0.2 0.5 2.4
55 Accommodation 129 171.2 1.1 -1.4 0.1 0.5
56 Food and beverage service activities 481 152.2 0.5 0.2 0.7 3.0
J Information-communication 1,804 121.6 1.0 -0.9 0.3 2.7
58 Publishing activities 244 108.2 0.8 0.2 -0.9 -0.3
59 Motion picture, sound recording, music publishing 104 119.1 -3.8 1.9 -1.9 -4.8
60 Programming and broadcasting activities 65 85.0 -6.2 -2.6 0.6 -12.5
61 Telecommunications 376 122.6 -1.1 1.1 1.8 3.8
62 Computer programming... 877 127.0 2.0 -1.4 -0.2 4.1
63 Information services 137 127.2 6.8 -4.9 2.5 7.2
L Real estate activities 915 100.2 -0.2 -0.3 0.2 2.4
M+N Business support 4,500 116.7 0.9 -0.8 0.8 3.3
M Professional, scientific and technical activities 2,677 118.5 1.2 -0.8 1.4 4.5
69 Legal and accounting activities 549 111.3 -0.1 1.5 0.8 3.9
70 Activities of head offices and management consultancy 801 131.9 2.0 -1.9 2.0 4.2
71 Architecture and engineering activities 530 120.0 -0.6 5.6 4.0 6.2
72 Scientific research and development 559 105.1 3.6 -7.0 -0.9 4.1
73 Advertising and market research 129 103.1 -0.8 -1.6 1.2 -0.4
74 Other professional, scientific and technical activities 80 148.5 0.3 -1.1 0.6 9.2
75 Veterinary activities 27 102.2 0.1 0.3 -2.1 7.6
N Administrative and support service activities 1,823 113.9 0.5 -0.7 -0.3 1.6
77 Rental and leasing activities 589 116.1 0.1 -1.3 0.7 4.1
78 Employment activities 543 104.2 2.5 -1.8 -1.2 -2.8
79 Travel agency, tour operator 13 208.1 1.9 -1.1 0.6 -6.1
80 Security and investigation 103 121.5 0.0 0.4 -0.8 3.6
81 Services to building and landscape activities 262 112.1 0.7 0.6 -1.2 2.0
82 Other administrative and business support activities 313 121.9 -1.8 0.8 0.3 3.7
R+S Household services 667 152.5 -0.6 -0.7 0.8 3.6
R Arts, entertainment and recreation 439 172.4 -1.0 -0.4 1.0 4.5
S Other service activities 228 114.1 0.9 -1.4 0.2 1.1
  • (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.
  • Source : DGFiP, INSEE.

In the fourth quarter of 2024, output in services was up by 3.4% compared to the same period a year earlier

Output in the fourth quarter of 2024 was 3.4% higher than that of the same quarter a year earlier. This increase was mainly driven by professional, scientific and technical activities (+4.5%), transportation and storage (+5.3%), information-communication (+2.7%) and administrative and support service activities (+1.6%). Output also increased over a year in real estate activities (+2.4%), accommodation and food service activities (+2.4%) and arts, entertainment and recreation (+4.5%).

Revisions

The monthly change in the services production index in November 2024 has been revised downwards by 0.2 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)
Sept. 2024/Aug. 2024 Oct. 2024/Sept. 2024 Nov. 2024/Oct. 2024 Q3 2024/Q2 2024 2023/2022
Services production -0.15 0.16 -0.18 -0.18 -0.03
Raw series -0.03 0.18 -0.21 -0.05 -0.04
SA-WDA parameters -0.12 -0.02 0.03 -0.13 0.01
  • How to read: in the services industries, the SA-WDA percentage change in output between October and November 2024 is revised by -0.18 points : -0.21 points due to the revisions of raw data and +0.03 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)

Next issue: 28 March 2025 at 08:45 am.

Pour en savoir plus

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

Next issue: 28 March 2025 at 08:45 am.

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