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Production in services (sts_os_p)

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: National Statistics Institute - INE Spain

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The Services Sector Production Index (SSPI) is a volume index whose purpose is to measure the short-term evolution of the added value. The periodicity of this indicator is monthly..

The results are presented in the form of indices to measure variations with respect to the 2021 base year.

29 May 2025

COMMISSION IMPLEMENTING REGULATION (EU) 2020/1197

Variable 140101: Production (volume)


Production in short term business statistics is required as an index. The production volume index is the reference indicator for economic development and it is used in particular to identify turning points in economic development, at an early stage. It should be presented in the form of a Laspeyres type index, comparing the current volume of production to the corresponding volume of production in the base period.


Theoretical target of the production volume index:

  • In the view of business cycle statistics, own output should be measured. The terms ‘production’ or ‘output’ in the sense of business cycle statistics do not include inputs from other units.
  • The objective of the production volume index is therefore to measure changes in the volume of value added at close and regular intervals.
  • The changes in volume of value added measured should in general approximate the added value measured by the National Accounts concepts of value added.


Principles for the calculation of the production volume index:

  • Data necessary for compilation of index as defined by theoretical target are usually not available on a monthly basis.
  • Therefore, value added at basic prices is calculated only for the base period especially for updating the weights. If value added at basic prices is not available, gross value added at factor cost may be used as a proxy.
  • The monthly continuation of value added in base period is done by suitable proxy values.


Calculation of the proxy values for continuation. Suitable proxy values for the continuation of the indices are:

  • continuation with gross production values (deflated),
  • continuation with volumes,
  • continuation with turnover (deflated),
  • continuation with work input,
  • continuation with raw material input,
  • continuation with energy input.


The correlation of these proxy measures with the development of added value may differ depending on the market activity. For each market activity a proxy with a high correlation should be chosen.

The proxy value used in the Services Sector Production Index calculation is the Services Sector Price Index: Continuation with turnover (deflated).

The Regulation EBS 2152_2019 establishes the Kind of Activity Unit as the statistical unit in short-term statistics.

The Service Sector Production Index studies the population comprising the companies whose main activity is described in sections H (Transport and Storage), I (Hospitality), J (Information and Communications), L (Real Estate Activities), M (Professional, Scientific and Technical Activities), except M70.1: Activities of head offices, M72: R&D activities, and M75: Veterinary activities) and N (Administrative and Support Service Activities) of the National Classification of Economic Activities (CNAE-09).

The geographical scope includes all the statistical units located within the territory of the Spanish State except Ceuta and Melilla.

The reference period is the month.

This operation is a summary statistic, meaning that its accuracy largely depends on the sources of information used in its production, especially of the Services Sector Activity Indicators

In this regard, the sampling design seeks to minimise the sampling errors, and the various processes of the operation are directed to eliminating or reducing such errors as much as possible, both in the collection phase (response rate and filtering control) and in the subsequent editing and attribution phases.

The collection procedure, coverage control, error filtering and attribution of the lack of response enable highly reliable statistics to be obtained.

Indices: unadjusted, calendar adjusted, and seasonally adjusted and rates of change (monthly, yearly, and year-to-date average)

The Services Sector Production Index is a fixed-base Laspeyres index where the elementary indices and aggregate indices are defined as follows:

  • Elementary indices:

An elementary aggregate is the component with the lowest level of aggregation for which indices are obtained and whose calculation does not involve weights. The indices of these aggregates are called elementary or simple indices.

In the case of the Service Sector Production Index, the divisions of the sections are considered elementary aggregates: H, I, J, L, M and N of the CNAE 2009, which form part of the scope of application of the SSPI.

The elementary indices of the Production Index are obtained as the quotient between the Turnover Index of that activity and the Price Index that has been considered most appropriate to deflate each series.

  • Aggregate indices:

The aggregate indices are obtained as a weighted sum of the elementary indices (or intermediate aggregates) that belong to that level of aggregation, using as weights the Value Added generated in that activity or sector in the base year (2021) with respect to the Value Added generated by all the activities or sectors included in that level.

This operation is considered to be a derived statistic as its input are the Services Sector Activity Indicators (SSAIs) and the price indices used as deflators: Services Price Indices (SPIs), Industrial Price Indices (IPRIs), Hotel Price Indices (HPIs) and Consumer Price Indices (CPIs).

The frequency of data dissemination is monthly.

The results are published approximately 50 days after the end of the reference month.

Opportunity TP1=50 days

This is a nationally designed operation and is therefore not designed to provide regional information.

The methodological adaptation to EU regulations has made them comparable to other European Union countries, which publish this same information regarding their respective economies.

The dissemination of the SSPI begins in January 2024 and the series began in January 2021.

The number of comparable elements (CC2), as of December 2024 is:

CC2=48 (with regard to the series from January 2021 to December 2024).