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Services Producer Prices were on average 1.2% lower in Quarter 2 (Q2) 2025 when compared with the same period in 2024.
The most notable increases in the 12 months to Q2 2025 were in the Legal, Accounting, Public Relations & Business Management Consultancy (+17.3%), Security & Building (+9.1), and Advertising & Other Professional Activities (+8.3%) sectors. Notable decreases were recorded in the Real Estate & Rental (-6.4%) and Information & Communication (-4.5%) sectors.
Services Producer Prices recorded a quarterly increase of 4.6% in Q2 2025, compared with a quarterly decrease of 5.6% in Q1 2025 (See Table 1).
The most notable changes between Q1 2025 and Q2 2025 were in the Real Estate & Rental (+15.3%), Legal, Accounting, Public Relations & Business Management Consultancy (+14.7%), and Hospitality (+7.2%) sectors. (See Table 2b).
Figure 1 presents the annual change for the Services Producer Price Index (SPPI) from Q2 2023 through to Q2 2025.
Period | Annual % change |
---|---|
Q2 2023 | 3.1 |
Q3 2023 | 2.5 |
Q4 2023 | 4.9 |
Q1 2024 | 4.3 |
Q2 2024 | 5.1 |
Q3 2024 | 7.4 |
Q4 2024 | 4.3 |
Q1 2025 | -2.8 |
Q2 2025 | -1.2 |
Figure 2 shows the annual price changes for several NACE sectors in Q2 2025.
X-axis label | Annual % change |
---|---|
Transport | 3.1 |
Warehousing & Transportation Support | 1.1 |
Postal & Courier | 0 |
Hospitality | 6.5 |
Information & Communication | -4.5 |
Legal, Accounting, Public Relations & Business Management Consultancy | 17.3 |
Architecture & Engineering | 7.4 |
Advertising & Other Professional Activities | 8.3 |
Employment & Human Resource Activities | 5.2 |
Security & Building | 9.1 |
Travel & Office Admin | 0.3 |
Real Estate & Rental | -6.4 |
X-axis label | Annual % change |
---|---|
Freight and Removal by Road | 10.1 |
Sea and Coastal Transport | 23.1 |
Air Transport | 24.8 |
Warehousing, Storage and Cargo Handling | 17 |
Postal and Courier | 16.4 |
Computer Programming and Consultancy | 0.7 |
Legal, Accounting, PR and Business Consultancy | 3 |
Architecture, Engineering and Technical Testing | -0.5 |
Advertising, Media Rep. and Market Research | 0 |
Employment and Human Resource Activities | 7.2 |
Security and Investigation | 8.9 |
Industrial and Building Cleaning | 4.8 |
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Statistician's Comment
The Central Statistics Office (CSO) has today (15 September 2025) published the Services Producer Price Index Quarter 2 (Q2) 2025.
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 April, May, and June (Q2) 2025 were on average 1.2% lower when compared with the same quarter in 2024 (See Table 1 & Figure 1). In comparison, for Q2 2024 the Services Producer Price Index reported an annual percentage change of 5.1% (See Table 1).
In the 12 months to Q2 2025, an increase of 17.3% was recorded in the Legal, Accounting, Public Relations & Business Management Consultancy sector. This increase was contrasted with a price fall in a range of sectors including Real Estate & Rental (-6.4%), and Information & Communication (-4.5%), when compared with the same quarter in 2024 (See Table 2b & Figure 2)."