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Services Producer Price Index, 3rd quarter 2019

Service prices continue to rise

Statistical news from Statistics Sweden 2019-11-08 9.30

The Service Producer Price Index increased by 0.7 percent from the second quarter of 2019 to the third quarter of 2019. Since the third quarter of 2018, the Service Producer Price Index has increased by 2.5 percent. The corresponding annual rate in the previous quarter was also 2.5 percent.

Changes during the last quarter

The main upward contributor in the third quarter was higher prices on tour operator services, which contributed upward by 0.3 percentage points. Sea and coastal freight water transport services, business and other management consulting services, as well as other transportation support services contributed upward by 0.1 percentage point each. This quarterly increase was offset by a decline in prices on wireless telecommunications services, which contributed downward by 0.1 percentage point.

 Service Producer Price Indices by sectionsWeight 2019IndexQuarterly change, percentAnnual change, percentEffect*
*Section  Q3 2019,
2015=100
Q2 2019–Q3 2019Q3 2018–Q3 2019Q2 2019–Q3 2019
 
SPPI
1 000.0 106.2 0.7 2.5 0.7
H
Transport and storage services
202.6 108.1 0.6 2.9 0.1
I
Hotel and restaurant services
66.9 111.9 1.0 3.0 0.1
J
Information and communication services
223.9 98.9 ‑0.2 1.0 0.0
L
Real estate services
144.8 106.6 0.0 2.9 0.0
M
Professional, scentific and technical services
212.5 106.5 0.7 1.7 0.1
N
Administrative and support services
139.0 112.7 2.8 5.5 0.4
R+S
Other services
10.3 106.5 0.1 2.2 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 fourth quarter 2019 will be published on 2020-02-07 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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Jörgen Fagerlund

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Marcus Sundgren Rydlöv

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