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 sections | Weight 2019 | Index | Quarterly change, percent | Annual change, percent | Effect* | |
---|---|---|---|---|---|---|
*Section | Q3 2019, 2015=100 | Q2 2019–Q3 2019 | Q3 2018–Q3 2019 | Q2 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.