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:

• Advertising and market research, which increased by 7.2 points to 4.8%, as a result of the rise in the prices of this activity, higher that the increase in the fourth quarter of 2023.
• Air transport, with an annual variation of 5.1%, 5.0 points above the figure of the previous quarter, due to the prices of this activity falling less than in the same quarter of 2023.

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

• Land and pipeline transport , whose annual rate fell by 2.3 points to 0.0%. This evolution was due to lower prices in this activity, as opposed to the increase in the fourth quarter of 2023.
• Warehousing and support activities for transportation, which reported an annual rate of 2.8%, 1.4 points lower than the third quarter, caused by a drop in the prices of this activity, which had risen in the same quarter of 2023.

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.