Main results
- The annual variation of the Services Sector Price Index increased by three tenths in the second quarter of 2025, to 2.8%.
- The quarterly rate of services prices was 2.9%.
Services Sector Price Index (SSPI). Base 2021
Second Quarter 2025. Provisional data
More information
The annual rate of the general Services Sector Price Indices (SSPI) was 2.8% in the second quarter, three tenths above the figure recorded in the first quarter.
Annual evolution of the SSPI
General index. Percentage
Among the activities that had a positive impact on the evolution of the annual rate of the general SSPI were the following:
- Land transport and transport via pipelines, whose annual change rose by 4.1 percentage points to 4.7%, as prices for this activity increased more than in the second quarter of 2024.
- Telecommunications, which recorded a rate of 3.3%, 2.0 points higher than that of the first quarter, due to higher prices in this activity, which were lower in the same quarter last year.
On the other hand, among activities with a negative influence were:
- Travel agency and tour operator activities, booking services and related activities, which decreased by 1.8 percentage points to -0.9%. This evolution was due to the rising prices in this activity being lower than the ones recorded in the second quarter of the previous year.
- Advertising and market research, with an annual rate of 4.7%,1.9 points below the figure of the previous quarter, due to the fact that the prices of this activity increased less than in the same quarter of 2024.
Quarterly evolution of the prices of services
The quarterly variation in the general SSPI was 2.9% in the second quarter of 2025. This rate was 2.7 points higher than that of the previous quarter.
Quarterly rate of the Services Sector Price Index
General index. Percentage
A more detailed analysis shows the activities that most affected the quarterly SSPI rate.
Activities with the greatest positive contribution to the quarterly SSPI rate. Second Quarter 2025
Activities with the greatest negative contribution to the quarterly SSPI rate. Second Quarter 2025
Data revisions and updates
The INE has updated today the IPS data for the last four quarters, making the data for the second quarter of 2024 final. All the results of this operation are available at INEBase.
In accordance with the Commission's Delegated Regulation (EU) 2023/137, the INE has begun to work on incorporating the new National Classification of Economic Activities CNAE-2025 in all its statistical operations.
In the case of the SSPI, the first publication of results with CNAE-2025 will take place in June 2028.
Methodological note
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.
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