Services Sector Price Index (SSPI). Base 2021

Among the activities that had a negative impact on the evolution of the annual rate of the general SSPI were the following:

· Travel agency and tour operator activities, booking services and related activities, with a 0.8% annual rate, 4.5 points below the fourth quarter rate, due to prices in this activity falling more than they did in the first quarter of 2024.

· Warehousing and support activities for transportation, whose variation fell by 1.1 percentage points to 1.8%, as a result of lower price increases in this activity than in the same quarter of the previous year.

Notable among the groups with a positive contribution were:

· Land transport and transport via pipelines, which recorded a rate of 0.6%, 0.8 points higher than that of the previous quarter, resulting from lower prices in this activity compared to the first quarter of last year.

· Advertising and market research, whose annual variation rose by 1.8 points to 6.7%, as prices for this activity fell more than in the same quarter of 2024.

The Services Sector Price Indices (SSPI), which are published on a quarterly basis, aim to measure the evolution of the prices of services provided by companies operating in the services sector in Spain, from the supply side (producer's point of view). The prices considered for the calculation are those of services provided to both companies and private consumers.

The activities that form part of the SSPI calculation, in Base 2021, are those included in Sections H, I, J, L, M (except M701, M72 and M75) and N of the CNAE, as specified in the Implementing Regulation (EU) 2020/1197.

Type of survey:

quarterly continuous survey.

Base year:

2021.

Reference period of the weightings:

the year preceding the current year.

Population scope:

services companies.

Sample size:

around 1,400 companies and 151 products.

Number of observations:

approximately 8,400 quarterly prices.

General calculation method:

Laspeyres' Chain Index.

Collection method:

internet (IRIA system), e-mail, fax, telephone or postal mail.

For more information, you can access the methodology and the standardised methodological report.

INE statistics are produced in accordance with the Code of Good Practice for European Statistics. More information on Quality at INE and the Code of Best Practices.