15 December 2025

Services Sector Production Index (SSPI)

Third Quarter 2025. Provisional data

Main results

The annual variation of the Services Sector Price Index fell by five tenths in the third quarter of 2025, to 2.3%.
The quarterly rate of services prices was -0.4%.

More information

The annual rate of the general Services Sector Price Index (SSPI) was 2.3% in the third quarter, five tenths below the figure recorded in the second quarter.

Annual evolution of the SSPI

General index. Percentage

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

Land transport and transport via pipelines, whose rate fell by 3.3 points to 1.4%, due to lower prices for this activity, which had risen in the same quarter of 2024.
Travel agency and tour operator activities, booking services and related activities, with an annual variation of -2.0%, 1.5 points below the previous quarterly rate, as a result of prices in this activity rising more than they did in the third quarter of last year.

Notable among the groups with a positive contribution were:

Telecommunications, which showed a variation of 4.5%, 1.4 points higher than in the second quarter, caused by increased prices in this activity, compared to the decrease in the third quarter of 2024.
Air transport, whose annual rate increased by 2.2 points to 7.7%, as prices for this activity rose more than in the same quarter of the previous year.

Quarterly evolution of the prices of services

The quarterly variation in the general SSPI was -0.4% in the third quarter of 2025. This rate was 3.4 points lower 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. Third quarter, 2025

Activities with the greatest negative contribution to the quarterly SSPI rate. Third quarter, 2025

Data revisions and updates

The INE has updated today the IPS data for the last four quarters, making the data for the third 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.

For further information see

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