Services Sector Price Index (SSPI). Base 2021

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

• Warehousing and support activities for transportation, whose annual variation increased by 1.5 points, reaching 4.3%. This was due to a rise in the prices of this activity compared to a drop in the third quarter of the previous year.
• Land transport and transport via pipelines, which recorded a rate of 2.3%, 1.1 points higher than that of the second quarter, due to a greater price increase in this activity compared to the same quarter in 2023.

On the other hand, among activities with a negative influence were:

• Telecommunications, with an annual rate of 0.9%, 2.1 points lower than the previous quarter, due to a drop in the prices of this activity, which had risen in the third quarter of 2023.
• Radio and television programming and broadcasting activities, whose rate decreased by 10.2 points, to -5.1%, due to a greater price decrease in this activity compared to the same quarter of last year.

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.