Market services in 2018 - Report for market services accounts committee

Under the direction of Pierre Girard, coordinated by Virginie Andrieux with the participation of Bruno Hadot, Sylvain Heck, Aline Nay, Éric Rakedjian and Philippe Varrambier

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No E2019/02
Paru le :Paru le02/07/2019
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Under the direction of Pierre Girard, coordinated by Virginie Andrieux with the participation of Bruno Hadot, Sylvain Heck, Aline Nay, Éric Rakedjian and Philippe Varrambier
Documents de travail No E2019/02- July 2019

Market services in 2018 : Market services escaped slowdown in 2018

In 2018, the value added of non-financial market services increased at almost the same rate as in 2017 (+3.4% after +3.3%). Services production accelerated (+4.0% after +3.4%), driven by scientific and technical activities and real estate activities. Demand for non-financial market services remains strong in 2018, despite the economic slowdown. Intermediate consumption of services is dynamic (+3.9% after +3.7%) and household consumption expenditure remains on a positive trend (+2.3% after +2.2%). Exports of services are on the rise again and the external trade balance is rising sharply. Only investment is slowing down after leaping in 2017.