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Services Producer Price Index, 2nd quarter 2019

Transport and travel agency services increases service prices

Statistical news from Statistics Sweden 2019-08-09 9.30

The Service Producer Price Index increased by 1.3 percent from the first quarter of 2019 to the second quarter of 2019. Since the second quarter of 2018, the Service Producer Price Index has increased by 2.5 percent. The corresponding annual rate in the previous quarter was 1.6 percent.

Changes during the last quarter

The quarterly change from the first to the second quarter of 2019 is the largest quarterly change since 2005, when the measurement of the Service Producer Price Index began. The main upward contributors in the second quarter were higher prices for land transport services, travel agency services and rental and operating services of own or leased real estate. Furthermore, higher prices on support services for transportation, air transport services as well as hotel and similar accommodation services contributed to the upturn. Publishing services, computer programming, consultancy and related services, architectural and engineering services and related technical consulting services along with rental and leasing services contributed further to the upturn.

 Service Producer Price Indices by sectionsWeight 2019IndexQuarterly
change,
percent
Annual
change,
percent
Effect*
*Section  Q2 2019,
2015=100
Q1 2019-
Q2 2019
Q2 2018-
Q2 2019
Q1 2019-
Q2 2019
 
SPPI
1 000.0 105.5 1.3 2.5 1.3
H
Transport and storage services
202.6 107.5 1.6 3.4 0.3
I
Hotel and restaurant services
66.9 110.8 2.8 2.6 0.2
J
Information and communication services
223.9 99.1 1.0 1.2 0.2
L
Real estate services
144.8 106.6 1.2 3.4 0.2
M
Professional, scentific and technical services
212.5 105.8 0.5 1.1 0.1
N
Administrative and support services
139.0 109.6 2.9 4.9 0.4
R+S
Other services
10.3 106.4 ‑0.1 2.9 0.0

H includes (49-53), I includes (55-56), J includes (58-63), L includes (68), M includes (69-75), N includes (77-82), R+S includes (93+95-96). *Contribution to quarterly change in percentage points to total SPPI

Next publishing will be

Service Producer Price Index for the third quarter 2019 will be published on 2019-11-08 at 9:30.

Statistical Database

More information is available in the Statistical Database

Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.

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Statistics Sweden, Price Statistics

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Chatrine Lundbeck

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+46 10 479 41 23
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chatrine.lundbeck@scb.se

Marcus Sundgren Rydlöv

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