Services Producer Price Index, fourth quarter 2025

Service prices for the fourth quarter of 2025 decreased in the export market

Statistical news from Statistics Sweden 2026-02-06 8.00

The Services Producer Price Index rose by 0.3 percent in the fourth quarter compared to the third quarter 2025. Prices decreased by 0.9 percent on the export market and increased by 0.9 percent on the import market. On the domestic market, prices rose by 0.6 percent. The annual rate according to the Services Producer Price Index was 1.4 percent in the fourth quarter (1.3 percent in the third quarter).

Percentage change

  Quarterly change, percent Annual change, percent
  Q3 2025–Q4 2025 Q4 2024–Q4 2025
Producer Price Index, home sales 0.6 2.6
Export Price Index -0.9 -4.7
Import Price Index 0.9 -2.5
Services Producer Price Index 0.3 1.4
Price Index for domestic supply 0.5 1.8

Changes during the last quarter

The quarterly rate of change was positive on the domestic and import markets, but negative on the export market in the fourth quarter. This resulted in a positive quarterly rate of change for both Services Producer Price Index and Price Index for Domestic Supply during the same period.

The main upward contribution on the domestic market came from higher prices on warehousing and support services for transportation. Prices also rose in land transport services and transport services via pipelines, advertising services and computer programming, consultancy and related services.

On the export market the main negative contribution came from lower prices on software publishing services. Prices also fell within telecommunications services and rental and leasing services. This downturn was offset by higher prices on management consulting services, warehousing and support services and computer programming, consultancy and related services.

The main contribution to the increase on the import market came from higher prices on advertising. Prices also rose in land transport services and transport services via pipelines, air transport services, rental and leasing services and water transport services. This upturn was offset by price decreases on accounting, bookkeeping and auditing services, tax consulting services, warehousing and support services for transportation, software publishing services and computer programming services, consultancy and related services.

Largest contributions to total change, in percentage points, Q3 2025 – Q4 2025

Product group according to SPIN 2015 Largest contributions, in percentage points, to total percentage change, Q3 2025 – Q4 2025
    Producer Price Index, home sales Export Price Index Import Price Index
49 Land transport services and
transport services via pipelines
0.1   0.3
50 Water transport services     0.1
51 Air transport services     0.1
52 Warehousing and support
services for transportation
0.4 0.2 -0.2
58.2 Software publishing services   -0.6 -0.1
61 Telecommunications services   -0.4  
62 Computer programming,
consultancy and related services
0.1 0.1 -0.1
69.2 Accounting, bookkeeping and
auditing services, tax consulting
services
    -0.3
70.2 Management consulting services   0.3  
73.1 Advertising services 0.1   0.7
77 Rental and leasing services   -0.1 0.1

Quarterly change between the third and fourth quarter, different years, in percent

Changes in the last year

The annual rate for the domestic market was 2.6 percent in the fourth quarter (2.1 percent in the third quarter). The annual rate for the export market was -4.7 percent during the same period (-3.6 percent in the third quarter). On the import market, the annual rate in the fourth quarter was -2.5 percent (-3.6 percent in the third quarter).

This resulted in an annual rate of change of 1.4 percent for the Services Producer Price Index in the fourth quarter of 2025 and an annual rate of change of 1.8 percent for the Price Index for Domestic Supply during the same period.

Several sections contributed to the positive annual rate of change for the total Services Producer Price Index. Administrative and support services contributed with 0.5 percentage points while professional, scientific and technical services contributed with 0.4 percentage points. Real estate services and transportation and storage services contributed upwards with 0.3 percentage points each. Hotel and restaurant services contributed upwards to the annual rate by 0.2 percentage points.

Information and communication services had a negative contribution to the annual rate by 0.4 percentage points.

Percentage change, compared with the corresponding quarter a year ago

Changes in exchange rates

An appreciation or depreciation of the Swedish currency lowers or raises export and import prices in Swedish kronor. Prices at the producer and import stages are converted from foreign currencies to Swedish kronor according to the Riksbank’s exchange rates.

Evolution of the Swedish krona exchange rate against the most common trade weighted currencies

Currency Quarterly change, percent
  Q3 2025 – Q4 2025
DKK 1.5
EUR 1.5
GBP 2.5
NOK 1.1
USD 1.0

Definitions and explanations

The Producer Price Index home sales (HMPI) measures changes in Swedish producers’ prices of products sold in Sweden.

The Export Price Index (EXPI) measures changes in Swedish producers’ prices of products sold outside of Sweden, both within and outside the EU.

The Import Price Index (IMPI) measures changes in the prices of imports of products into Sweden.

The Services Producer Price Index (SPPI) measures changes in the prices of Swedish producers’ total sales, obtained by combining the HMPI and the EXPI.

The Price Index for Domestic Supply (ITPI) measures changes in the prices of products sold in Sweden, obtained by combining the HMPI and the IMPI.

Next publishing will be

The Services Producer Price Index for the first quarter 2026 will be published on 2026-05-08 at 8:00.

Statistical Database

More information is available in the Statistical Database