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Service producer prices

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Central Statistics Office

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The Services Producer Price Index (SPPI) is made up of a set of individual price indices that measure changes in the average level of prices charged by producers for a selected range of services supplied to businesses and government. In most cases these services are provided to business customers only.

The individual price indices are aggregated together to create a “services  industry” index that is limited in coverage.

28 July 2025

The Services Producer Price Index covers services delivered by resident business service providers to economic units or persons representing economic units.

Enterprises act as both the reporting units and the observation units.

The statistical population is all enterprises whose main business activity is classified to one of the Nace Rev. 2 codes listed in section 3.3.

Republic of Ireland

Quarter.

CSO has not estimated the accuracy of the service producer price index.

Index.

The calculation of the SPPI has been redesigned following the 2021=100 rebase and expansion.

The quarterly changes of product prices for each enterprise are combined in an unweighted geometric (Jevons) index for that enterprise.

These enterprise indices are combined using a weighted arithemetic (Laspeyres) formula to produce indices for each industry.

The industry indices are then combined using a Laspeyres formula to produce the published indices.

Approximately 750 enterprises are surveyed by email each quarter. The frame on which the sample was based was the CSO Business Register. These enterprises are asked to update price observations for a list of specific items they sell. These items were agreed with the enterprises during a canvassing stage. In some cases the enterprises specify the hourly rate for a particular type of employee.

The surveyed enterprises return a total of approximately 2500 such price observations.

All indices in the series are based on price observations collected on a quarterly basis, using either the average price per quarter or the price on the 15th of the middle month of the reference period.

Prices used in the compilation of these indices are: 

Exclusive of VAT

Inclusive of surcharges (such as for fuel)

Following the expansion of SPPI, data collected by the Consumer Price Section is used in the construction of the indices for all NACE sectors.

The Employment and Human Resource Activities index is constructed using a combination of survey data  and data from the Earnings, Hours and Employment Cost Survey.

Quarterly.

The results are published at or before T + 77 days.

It is possible to compare the Irish indices with those of other European countries using the Nace Rev. 2 industry classification system.

Comparisons can be made quarterly back to Quarter 1 2006.