Services Producer Prices were on average 1.3% higher in Quarter 1 (Q1) 2026 when compared with Q1 2025.
The most notable increases in the 12 months to Q1 2026 were in the Management Consultancy (+22.0%), Travel Services (+14.2%) and Advertising (+11.1%) sectors.
Decreases in the 12 months to Q1 2026 were recorded in the Telecommunications (-10.7%) and Warehousing & Transportation Support (-5.9%) sectors.
Services Producer Prices fell 2.3% in Q1 2026, compared with a quarterly rise of 0.6% in Q4 2025 (See Table 1).
Between Q4 2025 and Q1 2026, notable positive changes were recorded in the Postal & Courier Activities (+7.8%), and Employment Activities (+3.5%) sectors (See Table 2).
Quarterly decreases were recorded in the Warehousing & Transportation Support (-4.7%), Accounting (-3.7%), and Computer Services (-3.6%) sectors (See Table 2).
The Central Statistics Office (CSO) has today (15 June 2026) published the Services Producer Price Index Quarter 1 (Q1) 2026.
The Services Producer Price Index (SPPI) is a business cycle indicator which provides information on the development of prices for numerous services sectors. This information is used for the analysis of inflation and its sources, but also for the deflation of value measures in the service industry (See Background Notes).
Commenting on the release, Diarmuid Martin, Statistician in the Prices Division, said: "Services Prices charged to businesses and consumers in January, February, and March (Q1) 2026 were on average 1.3% higher when compared with Q1 2025 (See Table 1 and Figure 1). In comparison, the Services Producer Price Index for Q1 2025 reported an annual percentage change of 2.8% (See Table 1).
In the 12 months to Q1 2026, increases were recorded in numerous sectors including Management Consultancy (+22.0%), Travel Services (+14.2%), and Advertising (+11.1%).
This rise was contrasted with a price fall in a range of sectors including Telecommunications (-10.7%) and Warehousing & Transportation Support (-5.9%) when compared with Q1 2025 (See Table 2 and Figure 2)."
Figure 1 presents the annual change for the Services Producer Price Index (SPPI) from Q1 2024 through to Q1 2026.
| Period | Annual % change |
|---|---|
| Q1 2024 | 1.6 |
| Q2 2024 | 4.9 |
| Q3 2024 | 4.6 |
| Q4 2024 | 4.2 |
| Q1 2025 | 2.8 |
| Q2 2025 | -0.2 |
| Q3 2025 | 0.7 |
| Q4 2025 | 1.5 |
| Q1 2026 | 1.3 |
Figure 2 shows the annual price changes for non-confidential NACE sectors in Q1 2026.
| X-axis label | Annual % change |
|---|---|
| Land Transport | 1 |
| Warehousing & Transportation Support | -5.9 |
| Postal & Courier Activities | 7.7 |
| Accommodation | 9.1 |
| Food & Beverage Services | 2.6 |
| Programming & Broadcasting Activities | -10.7 |
| Computer Services | 1.9 |
| Real Estate Activities | 7 |
| Legal Activities | 4.1 |
| Accounting | 1.3 |
| Management Consultancy | 22 |
| Architecture & Engineering | -1.9 |
| Advertising | 11.1 |
| Other Professional Services | 0 |
| Renting & Leasing | 0 |
| Employment Activities | 5.6 |
| Travel Services | 14.2 |
| Security & Investigation | 0.6 |
| Building & Landscaping Services | 2.3 |
| Office Administration | 8.1 |
| X-axis label | Annual % change |
|---|---|
| Land Transport | 10.1 |
| Warehousing & Transportation Support | 23.1 |
| Postal & Courier Activities | 24.8 |
| Accommodation | 17 |
| Food & Beverage Services | 16.4 |
| Telecommunications | 0.7 |
| Computer Services | 3 |
| Real Estate Activities | -0.5 |
| Legal Activities | 0 |
| Accounting | 7.2 |
| Security and Investigation | 8.9 |
| Management Consultancy | 4.8 |
| Architecture & Engineering | 4.8 |
| Advertising | 4.8 |
| Renting & Leasing | 4.8 |
| Employment Activities | 4.8 |
| Travel Services | 4.8 |
| Security & Investigation | 4.8 |
| Building & Landscaping Services | 4.8 |
| Office Administration | 4.8 |
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A Note on Revisions and Corrections
In Q1 2026, the Services Producer Price Index (SPPI) underwent revisions to correct coding errors within the aggregation processes. Alongside these corrections, the methodology has been revised, and now the sub sectoral series are published at NACE 2- and 3-digit level where relevant and where confidentiality rules allow. The amended data since Q1 2021 is available in PxStat tables SPP05, SPP06, SPP09 and SPP10.
This Services Producer Price Index Revisions 2026 note published alongside the Q1 2026 SPPI release contains further details about the revisions.