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, whose annual rate fell by 7.6 points, to 4.2%, due to the fact that prices of these activities rose less than they did in the second quarter of 2023.
• Food and beverage services, with an annual variation of 4.1%, 1.0 points below the figure of the first quarter, due to the fact that the prices of this activity increased less than in the same quarter last year.

Notable among the groups with a positive contribution were:

• Advertising and market research, whose variation increased by 6.5 points and stood at -0.5%. This behaviour is due to the rise in prices in this activity, which is higher than in the same quarter in 2023.
• Radio and television programming and broadcasting activities, whose rate increased by 9.8 points to 5.1%, as a result of the rise in prices of these activities in contrast to the fall in the second quarter of the previous 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.