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What is the Services Producer Price Index?

The Service Producer Price Index (SPPI) measures changes in the average prices charged by domestic service producers to other businesses.

Presently, the CSO produces an experimental index for a limited number of services sectors. The latest publication of figures can be found here: SPPI

Services Producer Prices Redevelopment

The European Business Statistics (EBS) Regulation (EU) 2019/2152 expanded the sectoral coverage requirements for service prices. New indices are required for all NACE sectors from NACE H to N (except K). This means the CSO will be surveying new sectors of the Irish economy for information on the prices of the services they provide as well as increasing the sample sizes for sectors already surveyed as part of the SPPI survey. The improved SPPI survey will result in a more accurate and reliable measure of inflation of services prices in Ireland. The aggregated results of the survey are also used by other areas of the CSO to improve the statistical quality of other CSO releases such as National Accounts GDP/GNI figures. 

The CSO is currently piloting the new survey to cover all aspects of the service economy in 2023.

Legal Basis for the Survey

The prices aspect of the survey is conducted under S.I. No. 566/2019 - Statistics (Producer Prices Survey) Order 2019 made under the Statistics Act 1993 and Council Regulation (EC) No. 1165/98 of 19 May 1998 concerning short-term statistics (Official Journal L 1 62, 05/06/1998) amended in 2005 by Regulation (EC) no 1158/2005 (Official Journal L191/1, 22/07/2005).

 

Why Have I Been Selected for this Survey?

Enterprises are selected from the CSO's business register on a probability by size basis. This means a larger enterprise has more chance of being selected than a small enterprise. This is due to the influence a larger enterprise may have on the sector as well as ensuring there isn't too much burden placed on the small enterprises. The SPPI survey will also implement sample rotation after a number of years where possible.

Confidentiality

All information provided to the CSO is treated as strictly confidential. No identifiable details provided to the CSO may be divulged to any other government department or body.

All results from the survey are published in aggregated form (in this case a price index) and the CSO has strict controls in place to ensure that it is impossible to identify individual enterprises in any published results.

Further information can be found on the SPPI transparency notice.

Contact Information

If you have any questions regarding the Services Producer Prices Survey you can contact sppi@cso.ie for further information.